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

DuPont resins help take Nike golf balls 'Fore!'ward

July 25, 2014 1:07 pm ET

It may be difficult to imagine just how much science, not to mention rubber and plastic components, go into a golf ball. But global giant DuPont Co....    More

Image

Bioplastics maker wins government funding

July 25, 2014 12:13 pm ET

Canadian bioplastics maker Solegear Bioplastics Inc. has won $1.6 million in funding from the government-sponsored Western Innovation Initiative...    More

Meredian merging with Danimer Scientific

July 24, 2014 1:59 pm ET

Bioplastics maker Meredian Inc. is merging with its sister firm, Danimer Scientific LLC.    More

Image

US Bioplastics receives funding to bring Gatoresin to the market

July 24, 2014 1:44 pm ET

Materials maker U.S. Bioplastics is hoping its Gatoresin product will take a bite out of the bioplastics market, thanks to funding from a state...    More

Image

BASF posts growth in second quarter

July 24, 2014 11:08 am ET

German chemical giant, BASF SE, has announced a 1 percent growth in sales for the second quarter of 2014 compared to the same period in 20...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

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