Go to Video Section

Dow Chemical cancels plans to sell additives unit

AKRON, OHIO — Dow Chemical Co.'s decision not to sell its plastics additives business is featured in this week's Material Insights video. Also this week, we report on Americas Styrenics' declaration of force majeure on polystyrene resin, as well as news of Clariant AG opening a design lab at its color concentrates plant in West Chicago, Ill.

Published: September 23, 2013 12:31 pm ET
Updated: September 23, 2013 12:39 pm ET

AKRON, OHIO — Dow Chemical CO.'s decision not to sell its plastics additives business after all is featured in this week's Material Insights video.

Midland, Mich.-based Dow had said in March that it wanted to sell the unit, which has annual sales of almost $600 million. But low bids have led the firm to reverse that decision. Dow CEO Andrew Liveris said the firm now is comfortable with running the plastics additives business for the next several years.

Americas Styrenics' declaration of force majeure on polystyrene resin also is featured in this week's video. The firm made that move after a Sept. 15 power outage at its PS plant in Torrance, Calif. Production should resume within 7-10 days, but resin shipments are expected to be delayed through mid-October.

The video wraps up with news of Clariant AG opening Color Works North America, a design lab at its color concentrates plant in West Chicago, Ill. The center covers more than 6,000 square feet and includes numerous pieces of testing equipment. Officials said the center and others around the world are designed to bring color into the early stages of plastic product and packaging design.

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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 Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

More Events