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Materials

Patterson_i.jpg
Materials
Avient names 3M veteran as its new CEO

Ashish Khandpur, who's been with 3M Co. for almost 30 years, will be taking on the role as Avient's new CEO as Robert Patterson will be retiring.

Nova Ontario_i.jpg
Materials
Nova announces force majeure for polyethylene

This marks the second time this year that Nova Chemicals' Moore Township, Ontario, site has operated under supply limits because of an ethylene supply issue.

basftotalenergies-portarthur_i.jpg
Materials
Texas BASF TotalEnergies site remains closed following fire

The shutdown at Port Arthur, Texas, could impact markets for plastics feedstocks ethylene, propylene and butadiene, all of which are made at the site.

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Materials
PP compounder Washington Penn expanding in Kentucky

Materials firm Washington Penn is investing more than $100 million on an expansion in Kentucky that will create 88 jobs.

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Materials
Bakelite Synthetics buys LRBG Chemicals

Specialty resin maker Bakelite Synthetics has acquired LRBG Chemicals Inc. for an undisclosed price.

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Materials
CP Chem declares force majeure on HDPE from Orange, Texas

Chevron Phillips Chemical Co. has placed force majeure supply limits on high density polyethylene resin made at one of the firm's plants in Orange, Texas.

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Materials
Ravago buys controlling stake in M. Holland

The acquisition sees an end to family control for M. Holland, one of the biggest distributors in North America, although current leadership will continue to operate the business as a Ravago subsidiary.

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Materials
Resin distribution in 2023? 'A whole new set of circumstances'

Part of the challenge of assessing 2023 was also true in 2022 — comparisons to massive demand growth in 2021 that occurred as market recovered from the COVID-19 pandemic.

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Materials
Sales and profit drop for LyondellBasell

Materials maker LyondellBasell Industries saw sizable drops in sales and profit in the second quarter of 2023.

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Materials
Westlake, DuPont and Huntsman report lower quarterly sales and profit

Westlake Corp., DuPont Co. and Huntsman Corp. all saw sizable drops in sales and profit in the second quarter.

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Most Popular
1
GF investing $30M in Oklahoma to add growing space for plastics unit
2
What's next after ‘disappointing' plastics treaty talks?
3
Resin makers, brand owners differ on plastics treaty priorities
4
PET bottle resin prices take a tumble
5
Resin Prices
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