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

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Momentive gearing up for some timely LSR sales

October 17, 2014 10:58 am ET

Momentive Performance Materials Inc. has plenty of time for customers at Fakuma — thanks to colorful new watchbands made with the firm's fiber-...    More

Image

Evonik sees clear growth opportunities with new Plexiglas Resist resin

October 17, 2014 6:00 am ET

Evonik Industries AG presented a new specialty molding compound during Fakuma in Friedrichshafen with which it plans to exploit the growing demand...    More

Image

Teknor adding second UK production line

October 17, 2014 9:25 am ET

Teknor Apex Co. will add a second thermoplastic elastomer production line at its United Kingdom plant by the end of 2015 to meet growing demand.    More

Image

PolyOne denies report it's bidding for Klöckner Pentaplast

October 16, 2014 11:44 am ET

UPDATED — Compounding leader PolyOne Corp. is denying a report that it bid as much as $2 billion for film and sheet major Klöckner Pentaplast Gr...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

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

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events