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Processor of the Year

MOST-READ STORIES

Massive Toyota recall centers on plastic friction device February 03, 2010
Audi's Super Bowl commercials blast single-use plastic products February 07, 2010
WalMart food-bag consolidation wipes Glad, Hefty from shelves February 04, 2010
Silgan closing Port Clinton, Ohio, plant February 02, 2010
Dow to locate solar shingle plant in Michigan February 03, 2010

MOST E-MAILED STORIES

WalMart food-bag consolidation wipes Glad, Hefty from shelves February 04, 2010
Silgan closing Port Clinton, Ohio, plant February 02, 2010
Massive Toyota recall centers on plastic friction device February 03, 2010
Yazaki to make fuel tanks in Georgia February 03, 2010
PVC and PET prices rise in January February 04, 2010

MORE MATERIALS NEWS

Oxo-biodegradable additive suppliers rebut critics 2010-02-02
Chase Plastics to distribute Kraiburg TPE 2010-02-02
America's Cup competitors rely on composites for sailboats 2010-02-02
Dow CEO predicts better prospects ahead 2010-02-02
More materials news available in Material Insights video 2010-02-01
Washington state Senate approves BPA ban 2010-02-01
Braskem buying Sunoco's polypropylene business for $350 million 2010-02-01
Braskem and Reliance still looking for acquisition targets 2010-01-29
Water bottler Ice River to invest $17 million in PET recycling plant 2010-01-29
Eastman sees early stages of recovery 2010-01-29
PE and PP prices rise in January 2010-01-28
SPI Bioplastics panel questions oxo-degradability claims 2010-01-28
Entropex gets funds to recycle non-bottle plastics 2010-01-28
ConocoPhillips launches PP business 2010-01-28
Ford's new compact to feature soft-touch interiors 2010-01-28

Materials

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Housing recovery slow, protracted

LAS VEGAS (Feb. 9, 12:25 p.m. ET) — Economists are projecting that housing starts will increase from a record low of 550,000 in 2009 to between 675,000 and 700,000 in 2010. But the economy remains in the doldrums, unemployment continues to rise and foreclosures are still on the upswing, making the outlook uncertain for companies supplying the building, construction and housing markets. February 9, 2010

PE capacity growth shifts to Asia and Middle East

NEW YORK (Feb. 8, 2:05 p.m. ET) -- While Europe and North America will not see major growth in polyethylene production capacity over the next five years, enormous demand in countries such as China and the feedstock cost advantages of the Middle East mean the Asia-Pacific and Middle East regions will account for more than 80 percent of planned PE capacity additions to 2015, according to a newly published study. February 8, 2010

Chemtura files for new $450 million loan facility

MIDDLEBURY, CONN. (Feb. 8, 1:45 p.m. ET) -- Additives supplier Chemtura Corp. is seeking approval for an amended $450-million debtor-in-posession facility to allow the company to execute its business plan, the company said Feb. 4. February 8, 2010

Video: Latest Material Insights

AKRON, OHIO (Feb. 8, 1:30 p.m. ET) — Rising resin prices are again in the news, with increases for PET bottle resin and PVC suspension resin featured in this week’s Material Insights video, along with an update on Mexichem SAB de CV’s proposed acquisition of pipe maker Plásticos Rex SA de CV and resin producer Polycid SA de CV, and the quarterly earnings reports for PolyOne Corp., Dow Chemical Co. and Lubrizol Corp. February 8, 2010

Audi's Super Bowl commercials blast single-use plastic products

MIAMI (Feb. 7, 10:30 p.m. ET) -- Single-use plastic products makers took fire from an unusual source during this year's Super Bowl game -- commercials from German carmaker Audi AG for a "clean diesel" vehicle. The "Green Police" ads took aim at plastic grocery bags, PET water bottles and polystyrene cups -- all with the aim of promoting environmental attributes of the Audi A3 TDI. February 7, 2010

Blow molders plan for bigger BPA-free bottles

DELAWARE, OHIO (Feb. 5, 1 p.m. ET) -- With bans on the use of bisphenol A in baby bottles and food and drink containers looming in Washington state and Wisconsin -- and public concern continuing over its use in polycarbonate bottles -- the matter is creeping closer to the 5-gallon water-bottle market segment. February 5, 2010

Packaging experts say sustainability remains elusive

BRUSSELS, BELGIUM (Feb. 5, 12:55 p.m. ET) -- Sustainability has been at the top of the packaging industry agenda for years but delegates at the third European Plastics News Sustainable Plastics Packaging conference, held recently in Brussels, heard that certainty in sustainability remains as elusive as ever for packagers and brand owners alike. February 5, 2010

Paper shredder maker using bioplastics

DONGGUAN, CHINA (Feb. 5, 12:50 p.m. ET) -- Office equipment maker Intek America Inc., which last year launched a program to make some of its paper shredders carbon neutral, is hoping a partnership with Taiwanese bioplastics compounder Minima Technology Co. Ltd. will help it “green” its material choices. February 5, 2010

PVC and PET prices rise in January

AKRON, OHIO (Feb. 4, 5 p.m. ET) -- Makers of PVC and PET have won price increase battles since Jan. 1. Suspension PVC prices are up an average of 5 cents per pound in North America since Jan. 1, according to buyers contacted recently by Plastics News. Average selling prices for PET bottle resin are up 3 cents in the region in the same comparison. February 4, 2010

Lubrizol boosts plastics-related profits

WICKLIFFE, OHIO (Feb. 4, 3:40 p.m. ET) -- Plastics-related operating profit almost doubled in 2009 for Lubrizol Corp. Wickliffe-based Lubrizol recorded operating profit of almost $169 million for its Advanced Materials unit in 2009 — an increase of about 90 percent over the prior year. Results improved even as the unit’s sales fell 12 percent to $1.3 billion. February 4, 2010

Dow to shut down Freeport TDI plant

MIDLAND, MICH. (Feb. 4, 3:15 p.m. ET) -- Dow Chemical Co. said Feb. 3 that it will permanently shut down its 100-kilotonne-per-year capacity toluene diisocyanate (TDI) production plant in Freeport, Texas, in the second quarter. Dow said the plant will close “because manufacturing TDI there is no longer economically viable.” February 4, 2010

PolyOne reports strong quarterly profit

AVON LAKE, OHIO (Updated Feb. 4, 3:30 p.m. ET) -- Top compounder and resin distributor PolyOne Corp. rode a strong fourth quarter to a much-improved performance in 2009. The company on Feb. 4 reported a full-year profit of almost $68 million, a year after reporting a loss of almost $273 million in 2008. The improvement occurred even as the firm’s sales fell 25 percent to about $2.1 billion. February 4, 2010

Dow to locate solar shingle plant in Michigan

MIDLAND, MICH. (Feb. 3, 10:15 p.m. ET) – Midland is the preferred site for Dow Chemical Co.’s first full-scale production plant for Powerhouse-brand solar shingles, the company announced Feb. 3. Midland-based Dow said the business could employ 1,200 jobs by 2014. The Michigan Economic Development Corp. is considering up to $140 million in economic incentives for the plant. February 3, 2010

Omnova reports 2009 profit

FAIRLAWN, OHIO (Feb. 3, 4:15 p.m. ET) -- Omnova Solutions Inc. -- a maker of specialty polymers and commercial wallcoverings -- rang up a profit of $26 million in its 2009 fiscal year after reporting a small loss the year before. February 3, 2010

Mexichem expects to move ahead on acquisitions

MEXICO CITY (Feb. 2, 4:45 p.m. ET) -- Latin America’s largest producer of PVC pipes, vinyl resins and compounds is optimistic Mexico’s antitrust authority will approve its contentious purchases of a rival plastic pipe maker and a PVC resin producer by the end of March. February 2, 2010

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