Business

2021 Report on Size and Impact of Plastics Industry Predicts Continued Growth

Sep 22, 2021

The annual report from the Plastics Industry Association forecasts a 2.2% increase in plastics manufacturing shipments this year.

Checking the Pulse of PVC, PET, and PE Markets

Sep 21, 2021

Production costs for plastic polymers are at highs for the year due to tight supply, increased feedstock costs, and strong demand.

Hexpol TPE Expands to Meet Demand for Medical-Grade Thermoplastic Elastomers

Sep 17, 2021

The Sweden-based compounder is spending $5.6 million to build a new medical production facility and prepare for evolving market requirements.

Pretium Packaging Picks Up Rigid Packaging Supplier Alpha

Sep 16, 2021

The companies have complementary product portfolios and share a focus on innovation, sustainability, and service to customers with small- to mid-sized production needs.

ADM and LG Chem Sign US Bioplastic Production Agreement

Sep 16, 2021

The deal will include production of lactic acid that will be used, in part, to manufacture the bioplastic polylactic acid (PLA).

New CEO at Star Plastics

Sep 10, 2021

Donald Wiseman, who played a leadership role at PolyOne, succeeds Star Plastics founder Doug Ritchie in the corner office.

Supply Chain Shortages a Drag on Plastics Processing Equipment Shipments

Sep 07, 2021

The first two quarters of 2021 saw consecutive decreases in shipments of primary plastics processing machinery. Ongoing shortages of parts and components, which are causing longer order-to-delivery timelines, are partly to blame.

LyondellBasell CEO Patel to Head W. R. Grace

Aug 31, 2021

Patel will replace Hudson La Force in January 2022 ahead of Standard Industries’ anticipated closing of the Grace acquisition.

Hurricane Ida's Impact on Plastics Supply Chain May Be Negligible

Aug 31, 2021

Much depends on how long the power stays out.

Legislative Proposals Could Destroy US Plastics Industry, Cautions Paper

Aug 31, 2021

The first of a four-part series of papers from libertarian think tank Competitive Enterprise Institute explains how plastics, in fact, benefit wildlife and the environment.

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