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

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

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

Upcoming Plastics News Events

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

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

More Events