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SpotContract
Thermoplastics company Spartech Acquires Resin Manufacturer Crawford Industries (09/17/2021)
Flint Hills Resources Restarting Houston Facility (09/16/2021)
Pretium Packing to Acquire Packaging Company Alpha Consolidated Holdings (09/16/2021)
Berry Global Group to Expand Polypropylene Thermoforming in 2022 (09/15/2021)
What Does a Paper Shortage Mean for The Plastics Industry? (09/15/2021)
LyondellBasell HDPE Unit in Texas Down due to Hurricane Nicholas (09/14/2021)
Texas Port Traffic Slowing Down Ahead of Tropical Storm Nicholas (09/13/2021)
PureCycle Technologies Looking at Second Polypropylene Recycling Facility in Asia (09/13/2021)
Tropical Storm Nicholas Threatens Production Along Texas Coast This Week (09/12/2021)
LyondellBasell Gets Sustainability and Carbon Certification for N. American Resins (09/10/2021)
Repsol Selects Univation Technologies PE Process for Portugal Polymers Plant (09/09/2021)
Hurricane Ida Leads Another Resin Producer to Force Majeure (09/09/2021)
Polyethylene
Ida’s impact on production did not spur much additional buying for Polyethylene, though volumes were solid and domestic spot prices held steady. Spot PE prices gradually slid a few cents lower in August while contracts, which were flat in August, remain at record highs. Producers will seek their nickel increase again in Sept. Resin availability was much improved, but HD for Injection and Blow Mold were generally still in short supply and commande... [More]
Polypropylene
Spot Polypropylene prices were stable as market participants assessed the impact to production and supplies in Ida’s aftermath. One resin producer shut production at its Louisiana PP unit ahead of Ida but was working towards a restart. Another PP supplier declared FM at its Louisiana facility after Ida passed, but there was no timetable provided for restart. A handful of large volume deals transacted as buyers secured their short / mid-term needs... [More]
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