Go to Video Section

A. Schulman's busy week featured in this week's video

AKRON, OHIO — A. Schulman Inc.'s busy week of acquisition, job cuts and plans to sell its Australian compounding plant is featured in this week's Material Insights video. Also featured is news of a 1-cent decline in North American polypropylene pricing.

Published: June 3, 2013 12:58 pm ET
Updated: June 3, 2013 1:09 pm ET

AKRON, OHIO — An extremely busy week for materials maker A. Schulman Inc. is featured in this week's Material Insights video.

Fairlawn, Ohio-based Schulman announced that it was spending about $50 million to acquire Network Polymers Inc., an engineering resins compounder and distributor based in nearby Akron. The purchase moves Schulman more into compounds based on ABS, polycarbonate and similar resins. Schulman also announced it was cutting jobs in Europe because of an economic slowdown there. Those cuts should total less than 100. Schulman wrapped up the busy week by announcing plans to sell its rotomolding compounds plant in Brisbane, Australia.

This week's video also features news of a 1-cent decline in North American polypropylene pricing. The decline was tied into low demand and increasing supplies of propylene monomer feedstock. It comes on the heels of a combined 16 cents in price declines in March-April. Those in turn had followed a 21-cent increase in January-February in an increasingly volatile PP sector.

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events