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Plastics supply: Falling prices and demand cause Sabic, Ineos, others to cut capacityPlastics supply: Falling prices and demand cause Sabic, Ineos, others to cut capacity

How quickly an industry can change. Though in some regions the benefits were not as great as in others, on a macro level plastics processors have had at least two very good years, at least with regard to demand (profits may be another issue-Ed.). But now processors’ demand is slowing, and quickly, and as a result some of the resin price increases of the last years are being pared back.

November 11, 2008

2 Min Read
Plastics supply: Falling prices and demand cause Sabic, Ineos, others to cut capacity

How quickly an industry can change. Though in some regions the benefits were not as great as in others, on a macro level plastics processors have had at least two very good years, at least with regard to demand (profits may be another issue-Ed.). But now processors’ demand is slowing, and quickly, and as a result some of the resin price increases of the last years are being pared back. More on those falling prices in the TPE resin pricing article and in the Polymerupdate global resin pricing update below.

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