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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Steve

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Materials

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

PVC, polystyrene prices post surprising increase in August

Albis Plastics renamed Mocom Compounds in Mexico

Injection Molding

T.J. Moneta, Bridgville Plastics Inc. | Rising Stars 2023

Thomas Schoen, Aroplax Corp. | Rising Stars 2023

Tom Smolenski, Steinwall Inc. | Rising Stars 2023

Blow Molding

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Auto fuel tank maker TI names new CEO in C-suite shakeup

Pretium deal to buy Alpha will create a top 10 blow molder

Oaktree Capital to buy minority stake in auto supplier ABC Technologies

Mergers and Acquisitions

Italian toolmaker Self Group acquires US-based Avantech

Evantic makes fourth acquisition

Turkish firm buys US sheet extruder US Plast

Machinery

Finally, at K 2022, ‘everyone is in one place'

Bay Plastics Machinery puts customers first at K show

GDK buys Czech factory that formerly made Uniloy machines

Film & Sheet

Nova goes global with resins for BOPE-HD film

Charter Next expansion builds on its ‘center of gravity' in Wisconsin

Paul Cucco, C-P Flexible Packaging | Rising Stars 2023

Medical

Petoskey Plastics starts high-speed manufacturing of disposable medical gowns

DuPont's Spectrum purchase could bolster medical offerings

Pfizer buys bankrupt COVID-19 test manufacturer Lucira Health

Recycling

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Baerlocher to host second annual recycling summit

LyondellBasell acquires 50% stake in Dutch recycler

House Republican EPA budget backs chemical recycling, bioplastics, reuse

Packaging

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Specialized Packaging Group builds its footprint with acquisition

Say goodbye to Amazon's blue and white plastic mailers

Flexible packaging maker Accredo eyes growth as part of generational transition