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

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

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

Upcoming Plastics News Events

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

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

More Events