You all know that there's a shortage of resin out there, and that the resins that are available are expensive.
Frank Esposito's latest update on the resin situation from plants hit by February's storm and cold in Texas notes that petrochemical facilities are reopening, but are not at full production yet.
An interesting side note to all of the resin issues, however, is about a different shortage out there, this one impacting shipping containers. International Paper of Memphis has told its customers that adhesives for its boxes are in short supply, which may slow production.
Ineos Styrolution has told its customers it will use different sized boxes to ship materials, and resin distributor M. Holland Co. — with a major shipping center in Coal City, Ill., owned and operated by G&D Trucking — is warning customers that new boxes may not be stackable.
"In the interest of safety, we urge clients and our fulfillment partners to notify anyone involved in logistics operations to be mindful of the shortage and careful to heed warning labels that may appear on resin containers," M. Holland officials added.