Go to Video Section

Shale gas expected to bring gains to plastics market

AKRON, OHIO — Expectations of plastics market gains from shale gas are featured in this week's Material Insights video. Also this week, we report on expansions by Rextac LLC and Advanced Composites Inc., as well as news that resin distribution leader Ravago Holdings Americas has formed a business channel focused on bulk commodity resin sales in North America.

Published: November 11, 2013 1:21 pm ET
Updated: November 11, 2013 1:27 pm ET

AKRON, OHIO — Expectations of plastics market gains from shale gas are featured in this week's Material Insights video.

At the Global Plastics Summit in Chicago, Dow Chemical Co. executive Greg Jozwiak said that shale-based advantages — such as reshoring — could add as much as 2 percent per year to North American polyethylene demand growth. Berry Plastics Group Inc. executive Scott Farmer said at the even that shale will allow regional processors to add capacity, but he also said that lower resin prices would help their businesses too.

Expansions by Rextac LLC and Advanced Composites Inc. also are featured in this week's video. Shale resources are allowing Rextac to add almost 600 million pounds of polypropylene capacity in Odessa, Texas, by re-opening a new line and building a new one. Auto market growth is prompting Advanced Composites to add almost 75 million pounds of PP compounding capacity at sites in Ohio and Mexico.

The video wraps up with news that resin distribution leader Ravago Holdings Americas has formed Genesis Polymers, a business channel focused on bulk commodity resin sales in North America. The new unit is being created with future North American polyolefin capacity expansions in mind, according to Ravago executive James Duffy.

Market Reports

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

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

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

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

More Events