NYLON
The North American polystyrene resin market is seeing volatility in 2023, the result of fluctuating benzene prices and a slumping economy. Prices were up in March, down in April, and may be up again in May, according to senior reporter Frank Esposito.
Celanese buys a majority stake in DuPont's Mobility & Materials business, including its Zytel nylon operations.
The new materials target uses in films, electrical/electronic and cable ties and fasteners.
The deal will allow Brussels-based Solvay to complete the 1.6 billion euro ($1.78 billion) sale of its larger overall nylon unit to BASF SE of Ludwigshafen, Germany.
Materials firm Invista has filed several patents for nylon 12 feedstock, in a bid to enter the nylon 12 resin market.
MANNHEIM, GERMANY — Evonik Industries AG has reassured customers that it will continue to supply the market with PA12 from its cyclododecatriene (CDT) plant in Marl, Germany, following the March 2012 fire which devastated production for a short while.
HOUSTON -- Ascend Performance Materials has announced plans to build a massive $1.2 billion plant that would make plastic feedstock propylene in Alvin, Texas.
WICHITA, KAN. -- Materials maker Invista has won approval from Chinese officials for a massive feedstock plant in Shanghai that could later include nylon 6/6 resin production.
AKRON, OHIO -- North American prices for polycarbonate and nylon resins traveled different roads in the fourth quarter of 2012, with PC prices climbing 3 percent and nylon prices declining by a similar amount.
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