Go to Video Section

PVC prices up, as PP loses February increase

AKRON, OHIO — Opposite moves in North American PVC and PP resin pricing are featured in this week's Material Insights video. Also this week, news from the IHS World Petrochemical Conference in Houston, including about the shale gas boom that is fueling ExxonMobil PE expansion plans, and forecasts from IHS consultants on the future of polyolefins capacity, demand and markets.

Published: April 1, 2013 3:00 pm ET
Updated: April 15, 2013 4:51 pm ET

AKRON, OHIO — Opposite moves in North American PVC and PP resin pricing are featured in this week's Material Insights video.

Regional PVC prices were up a nickel per pound in March, while PP prices slipped an average of 6 cents. Strong demand led to the PVC move, while factors in propylene monomer drove PP down. The March move was the second straight month that PVC prices were up. PP gave back a 6-cent hike from February that followed a 15-cent January hike.

News items from the recent IHS World Petrochemical Conference also are featured in this week's video. At the event, ExxonMobil Chemical Co. President Stephen Pryor said the world is on the cusp of a new age of unconventional energy because of new shale gas in North America. Those discoveries are allowing ExxonMobil to move forward with a massive expansion of its complex in Bayport, Texas, including the addition of almost 3 billion pounds of polyethylene capacity.

The video wraps up with predicitions of global PE and PP growth from IHS analysts Nick Vafiadis and Robin Waters. Both materials are expected to grow at rates of almost 5 percent between 2012 and 2017. PE growth should lead to PE processors announcing new capacities for their own products, Vafiadis said. Waters added that new PP capacity should be announced for North America as more shale-based propane becomes available.

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events