Go to Video Section

Five injured in fire at Formosa's Texas complex

AKRON, OHIO — A fire that injured five workers at the Formosa Plastics Corp. complex in Point Comfort, Texas, is featured in this week's Material Insights video. Also this week we report two pending site decisions by Ineos Group, as well as news of an engineering plastics report from European consulting firm Ceresana Research.

Published: September 16, 2013 1:06 pm ET
Updated: September 20, 2013 4:10 pm ET

AKRON, OHIO — A fire that injured five workers at the Formosa Plastics Corp. complex in Point Comfort, Texas, is featured in this week's Material Insights video.

The Sept. 13 fire took place in a tower that was out of service at an HDPE unit at the site. One of the workers has been released from a hospital, while the other four remain hospitalized. On May 2, 14 workers were injured in a fire at the site.

Two pending site decisions by Ineos Group also are featured in this week's video. The British firm is considering closing its massive PE and ethylene site in Grangemouth, Scotland, because of high operating and labor costs. Ienos also might have to sell a PVC plant in Schkopau, Germany, in order to win regulatory approval for its vinyls merger with Solvay.

The video wraps up with news of a new report from European consulting firm Ceresana Research. The report predicts that the global engineering plastics will be worth $90 billion by 2020. Demand for nylon, polycarbonate and similar resins will be driven by growing demand for lighter and more efficient materials, according to the report.

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events