Go to Video Section

North American PS resin prices take dip in July

AKRON, OHIO — A recent North American price decline for solid polystyrene resin is featured in this week's Material Insights video. Also this week, we report on a court case involving three PET firms, as well as a look at the 2013 stock performances of 17 publicly held materials firms.

Published: August 26, 2013 12:27 pm ET
Updated: August 26, 2013 12:33 pm ET

AKRON, OHIO — A recent North American price decline for solid polystyrene resin is featured in this week's Material Insights video.

Solid PS prices fell an average of 2 cents per pound in July, due in part to a 9 percent drop in the price of benzene feedstock that took place between May and July. Higher benzene prices in August could send PS prices up in August or September, sources said. North American solid PS sales were flat in the first four months of 2013.

A court case involving three PET firms also is featured in this week's video. Invista and Indorama Polymers are claiming victory in the case, which claims that M&G Group violated an Invista patent for Polyshield PET barrier resin. Indorama licenses the technology at a plant in Spartanburg, S.C. M&G plans to appeal the case in U.S. District Court in Wilmington, Del., with M&G CEO Marco Ghisolfi saying that Invista's news release about the case is misleading.

The video wraps up with a look at the 2013 stock performances of 17 publicly held materials firms. 15 of those 17 had higher per-share prices as of mid-August than they did on Jan. 1. Big winners among that group were PolyOne, DuPont, Westlake and Hexcel, each which saw their stock prices rise 31-43 percent.

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

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

Upcoming Plastics News Events

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

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

More Events