Polystyrene sees first sales growth since 2011

By Frank Esposito
Senior Staff Reporter

Published: February 4, 2014 11:17 am ET
Updated: February 4, 2014 11:19 am ET

Related to this story

Topics Materials Suppliers
Companies & Associations American Chemistry Council

Linear low density polyethylene enjoyed the best 2013 sales year among major commodity resins in the U.S. and Canada – but the polystyrene market is probably breaking out the champagne.

LLDPE sales grew 3.7 percent in the U.S. and Canada last year, according to the American Chemistry Council in Washington. That was the highest growth rate of the six commodity resins tracked by ACC.

Growth in PS, including Mexico, was more modest at 1.1 percent – but that was enough to nudge that market into positive sales territory for the first time since 2011.

PS results for 2013 were fueled by growth of 1.7 percent for sales into consumer/institutional uses and of 1.5 percent in food packaging/food service. Those were the two largest end markets for North American PS in 2013, according to ACC.

After LLDPE, LDPE sales checked in with 2013 growth of 2.4 percent. High density PE sales ticked up 1.1 percent for the year, while sales of PVC were flat. Regional polypropylene makers are looking for better results in 2014, after sales of the material fell 0.8 percent during 2013.

Both LDPE and LLDPE benefited from strong export sales growth for the year. LDPE exports grew 11.8 percent, while LLDPE exports increased 12.0 percent. That helped boost flat domestic sales for LDPE, as well as domestic LLDPE sales which had moved up only 1.4 percent.

HDPE was amazingly consistent in 2013, with domestic, export and overall sales each up 1.1 percent. In the domestic HDPE market, sales into pipe and conduit surged ahead 7.3 percent in 2013.

In PVC, domestic growth of 4.3 percent was neutralized by a decline of 7.5 percent in export sales. A similar – but more extreme – scenario played out in the PP market, where a 35.3 percent plunge in export sales overwhelmed domestic growth of 0.9 percent.


Comments

Polystyrene sees first sales growth since 2011

By Frank Esposito
Senior Staff Reporter

Published: February 4, 2014 11:17 am ET
Updated: February 4, 2014 11:19 am ET

Post Your Comments


Back to story


More stories

Image

Styrolution will open new production late 2014

July 30, 2014 12:54 pm ET

Germany-based styrenic materials group, Styrolution, has announced it is expanding its facility in Ludwigshafen, Germany.    More

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Dow sees solid second quarter performance

July 29, 2014 11:19 am ET

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.More

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’...    More

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the anti...    More

Market Reports

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

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

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

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

More Events