Nearly two weeks after Hurricane Laura landed on the U.S. Gulf Coast, the impacts from the storm for the plastics industry are still not quite clear.
Frank Esposito has been following the story since resin makers began shutting down production prior to the storm's arrival late on Aug. 26. As he notes in the most recent update, companies in the region were still dealing with power and transportation outages at the start of the Labor Day weekend.
Nine transmission lines that deliver power into the Lake Charles, La., area are out of service, including seven owned by Entergy Corp. that saw "catastrophic damage."
Frank draws from a range of sources for his stories on resin pricing, and as he notes, most expect the ripples from Laura to continue.