Go to Video Section

Material Insights: PP, PVC resin prices decline in October

AKRON, OHIO — Recent North American price declines for polypropylene and suspension PVC resins are featured in this week's Material Insights video. Also this week we report on big moves by DuPont Co. and Mexichem SAB de CV, as well as news that investor Sunil Kumar and his daughter Monica have bought nylon resin maker and compounder Nylon Corp. of America.

Published: November 4, 2013 2:25 pm ET
Updated: November 4, 2013 2:35 pm ET

AKRON, OHIO — Recent North American price declines for polypropylene and suspension PVC resins are featured in this week's Material Insights video.

Regional PP prices fell 2 cents per pound in October, while PVC price trickled downward by 1 cent. PP prices in the region now are down a net of 5 cents per pound so far in 2013, while PVC prices remain up a net of 5 cents.

Big moves by DuPont Co. and Mexichem SAB de CV also are featured in this week's video. DuPont plans to spin off its struggling Performance Chemicals unit into a separate public company by mid-2015. Mexichem has formed a joint venture with Occidental Chemical Corp. to build a 1.2 billion pound capacity ethylene feedstock plant in Mexico. The plant would supply a Mexichem PVC plant in Mexico. Construction is set to begin in mid-2014 with commercial production expected to begin in early 2017.

The video wraps up with news that investor Sunil Kumar and his daughter Monica have bought nylon resin maker and compounder Nylon Corp. of America (Nycoa). Nycoa is based in Manchester, N.H., and has annual sales of about $40 million. Existing Nycoa management is expected to remain in place.

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