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

Asia to remain chemical giant but US shale will bring competition

July 23, 2014 1:00 pm ET

A new IHS Chemical report on global spending for chemical production predicts capacity additions will peak in 2014 at $120 billion and then will...    More

Image

DuPont quarterly sales drop, income rises

July 23, 2014 12:46 pm ET

DuPont Co.'s sales and net income experienced slight changes for the second quarter 2014, as operating earnings dropped to $1.17 per share in the...    More

Image

Celanese to expand production in Brazil

July 23, 2014 11:15 am ET

Celanese Corp., the Irving, Texas-based chemicals and specialty materials company, has announced that it will expand its manufacturing capabilities...    More

Image

DSM planning North American nylon plant

July 22, 2014 11:41 am ET

Materials firm Royal DSM NV plans to build a new nylon resin plant in North America, but no decision has been made on the plant's exact location.    More

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer Mogilevkhimvolokn...    More

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