Commodity Resins
Your Business Pricing Update - October 2008
At press time in mid-October, the impact of Hurricane Ike on Gulf Coast refineries and resin plants was still being assessed.
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Plastic Pallets Gain Ground In an Eco-Conscious World
Low-cost wood is still king, but plastics’ reusability is a growing attraction among manufacturers looking for sustainable material-handling options. The one major hurdle is today’s high resin prices.
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Prices Hit Scarey Levels
The athletes in Beijing aren’t the only ones taking record leaps this summer.
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Feedstocks Drive Up Prices
Prices of all sorts of commodity and engineering thermoplastics and thermosets are rising by leaps and bounds, reacting to equally strong increases in feedstock costs. PE PRICES UP SHARPLYPE prices moved up 3¢/lb in May, after a 3¢ increase in April.
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Clear Road Ahead for TPOs, TPVs
Olefinic TPEs originally comprised only two classes of rubber-modified polypropylene, known as TPO and TPV. More recently, these have been supplemented by new types of olefinic elastomers that can be used on their own or as the rubber component in TPO/TPV compounds. Additionally, a small handful of specialty TPEs using olefinic matrices occupy niche applications.
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Feedstocks Push Resin Prices
Despite lackluster domestic demand, relentless increases in feedstock costs are forcing suppliers to push for higher resin prices.
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Weak Demand Softens Prices
Although a number of resins saw price increases in January, weak domestic markets hurt suppliers’ prospects to implement hikes in February and March.
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Advances in Materials, IML and Tooling Highlight Rotomolders' Meeting
Several new resins and additives that raise part performance and improve processability were launched at the recent 32nd Annual Fall Meeting of the Association of Rotational Molders (ARM) in Detroit.
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What's Ahead for 'Green' Plastics: Look for More Supply, More Varieties, Better Properties
Major chemical companies are investing big bucks in new plants and technologies to produce plastics from annually renewable sources, not from petrochemicals.
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Prices Creeping Up
Commodity resin prices are moving upward, slowly and mainly in small steps, owing to market resistance to the much larger increases announced by resin suppliers.
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