Prices for North American PET bottle resin have dropped an average of 2 cents per pound since Oct. 1, according to buyers contacted by Plastics News. Production-related news from Clariant Masterbatches and Total Petrochemicals USA also is featured in this week's video. Clariant recently consolidated its Chicago-area concentrate production by moving production from McHenry, Ill. to nearby West Chicago. In Carville, La., Total has opted to permanently close a 200 million pound-capacity polystyrene line that's been down since the second half of 2010. Finally, there are new details about Dow Chemical's planned restart of ethlene and propylene production in Hahnville, La.
Material Insights: Nov. 14, 2011
A price drop for North American PET bottle resin leads this week's video.
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