Materials
Techmer PM continues its growth streak with the acquisition of color supplier Colors for Plastics (CFP), marking its second deal in four months.
Saco AEI Polymers is ramping up its global footprint with major expansions in the U.S., Mexico, and India. The Sheboygan, Wis.-based materials firm recently acquired a 222,400-square-foot facility near its headquarters, investing $7 million to add four twin-screw extrusion lines and significantly boosting production capacity.
Resin makers and compounders are bracing for the impact of a North American tariff war. Experts suggest the tariffs may reshape trade flows, pressuring North American producers and importers to rethink sourcing strategies.
The plastics industry is sounding the alarm on the impact of tariffs on supply chains and markets. In the January Polymer Points Live, PN senior reporter Frank Esposito talked about tariffs and resin pricing.
Materials firms Ascend Performance Materials and Saudi Basic Industries Corp. are improving their sustainability footprints.
Eastman Chemical Co. posted a nearly 2 percent increase in full-year sales, reaching just under $9.4 billion in 2024, while profit rose more than 1 percent to $908 million.
Officials with Americhem in Cuyahoga Falls, Ohio, said the new center will enhance the firm's ability to provide faster and more localized service to customers throughout India and Southeast Asia.
Some North American commodity resin prices are showing increases in January.
A $10 million project will increase output at Wedlake Industries with added production going to two local record makers.
The job cuts and cost reduction will be "very targeted at lower-margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair assumption."
1 | |
2 | |
3 | |
4 | |
5 |