Material Insights: PS prices rise despite oversupply, low demand

Polystyrene resin prices, following benzene feedstock moves, rose in September even as there's a global oversupply for the resin and low demand growth throughout the year. Senior Reporter Frank Esposito talks about the changes and outlook for that resin in this week's Material Insights. Frank also explains the possible ramifications of Braskem's move to halt a polypropylene production line at its Marcus Hook, Pa., site.

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Documentary looks at how ‘we love to hate' packaging

Honesty the best policy for plastics growth, Baerlocher executive says

Greif adds to blow molding business with acquisition

Stratasys back on the block after $1.8B merger falls through

Lanxess names van Barrle to lead Americas business

How reshoring went from fringe idea to strategic vision

Latest news

PS resin prices continue their climb

Opening doors, minds for Manufacturing Day

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Preventing pellet pollution focus of expanded Operation Clean Sweep, congressional push

Polykemi adds LCA data for North Carolina plant

Biomerics to triple extrusion with Minnesota expansion

Nova declares force majeure for PE resin at second Ontario site

Ohio PET jar maker closes, auctioning off equipment

Paying a retention bonus to production line workers

Doug Brownfield

Better colors through machine monitoring

Numbers that matter Sept 2023

Plastics recession: Short-term blip or intermediate-term problem?

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Materials

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ACC campaign targets Biden administration's 'troubling' policies

ExxonMobil completes $2B Texas expansion

Material Insights: UAW strike impacts resin market; exports, outages drive up PE prices

Injection Molding

Benpac ordered to pay $22M to American Tool & Mold

Mission Plastics buys Andercraft to ‘reinforce' market presence

Vantage Plastics invests $31M to remodel Michigan facility

Blow Molding

North American industrial blow molders post big gains

Sipa sees PET challenging glass in wine market

Uniloy targets growth in Southeast Asia, Latin America

Mergers and Acquisitions

Otto buys Indiana plant, adding injection molding in Midwest

Bain buys fabricator, distributor Harrington Process Solutions

Hong Kong-based Ka Shui buys Mexico molder for growth in Americas

Machinery

Kickstart: Big news for small pieces of the plastics story

US plastics machinery shipments pick up at end of 2022

Italian machine builder Magic completes US headquarters

Film & Sheet

Tredegar closing tech center, scaling back semiconductor films

Berry closes 20 facilities, provides few details

Sealed Air seeing challenging times ahead, trimming costs

Medical

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Medical supplier Cadence adds clean room in Wisconsin

TekniPlex Healthcare building $46M plant in Wisconsin

Plastics M&A slumps in uncertain economy

Recycling

Some see ‘misguided' chemical recycling limits in EPA plastics-to-fuels plan

Container redemption rates, for the most part, stagnant in '22

Viridor shuts down polymer recycling facility in the UK

Packaging

Tredegar selling Terphane films business

Change from manufacturing to distribution at Berry site will cost 82 jobs

Dart closing Illinois plant, costing more than 100 jobs