Resin prices are shifting, with PVC experiencing its second consecutive monthly decline and third in four months. This change reflects a seasonal construction slowdown, said senior reporter Frank Esposito. Higher interest rates are dampening construction demand, which accounts for 60% of PVC use.
In sustainable packaging, businesses are focusing on reducing material use, increasing reusability and enhancing recyclability. Innovations include monolayer films and polymers that enable thinner packaging and easier recycling, according to Michelle Boven, vice president and general manager for consumer and packaging at resin
distributor Nexeo.