#ECONOMICS

Processors End 2020 on a High Note

December’s Plastics Processing Index clocked in near 55, in line with the best readings since early 2019.
#economics

Processing Expansion Cools in November

Industry growth slows after quickening expansion over the prior four months.
#economics

Plastics Processing Index Hits Two-Year High

Five of six business components show expanding October activity as index hits 55.6.
#economics

Packaging

Top Packaging Innovation Award Goes to Henkel in Collaboration with Plastic Bank

The strong focus on sustainability and the circular economy evident in Dow’s 2020 Packaging Innovation Awards
#sustainability #economics

Blow Molding

Processing Market Expands for Third Straight Month

New orders, production and employment sustain continuous industry expansion. With a reading of 52.9 in September, the index climbed each month in the third quarter.
#economics

Automotive

Elix Polymers and Repsol Forge Circular Economy Styrenic Partnership

Styrenics compounder Elix Polymers and oil & gas company Repsol agree to incorporate chemically-recycled styrene into the production of ABS/SAN, in compliance with the ISCC PLUS certification.
#economics

2020 Size & Impact Report: Growth in the Plastics Industry

The 2020 Size & Impact Report indicates that the U.S. plastics industry not only remains one of the economy’s largest sectors, but also that it continued to grow in 2019. According to the report, the U.S. plastics industry accounted for an estimated $432 billion in shipments and 1,003,000 jobs last year.
#npe #economics

Post-Industrial Recycling

Graham Recycling Company Celebrates 30th Anniversary

The plant is extremely important to Graham’s mission to create a circular economy.
#economics

Extrusion

Plastics Processors Report Quickening Expansion

Expansion among both captive and custom processors is driven by expanding orders, production, and employment.
#economics

Extrusion

Plastics Processing Expands in July

With an Index reading of 52.3, processors report first monthly expansion since the coronavirus disruption.
#economics

Post-Consumer Recycling

U.S. Plastics Pact Focuses on Creating a Circular Economy for Plastics

A key target is taking actions to effectively recycle or compost 50% of plastic packaging by 2025.
#economics

Molds & Tooling

Molds for Plastics Monthly Trade Monitor

This monthly trade statistics report—developed by Perc Pineda, PhD, Plastics Industry Association’s Chief Economist—includes monthly and year-over-year analysis of U.S. plastics mold trade. In this report, exports and imports of plastics molds are broken down by HTS number and by country, providing deeper insights on export market growth and import trends by product and country of origin.
#economics

Automotive

GPS Online October 21–23: Pandemic Forces Changes in an Already Volatile Market

COVID-19’s adverse impact on a broad range of industries has dominated recent discussions of plastics. Against the backdrop of fragile economic conditions, ongoing trade tensions, and a lower merchandise trade forecast, what can the U.S. plastics industry expect in 2020 and beyond? Register for GPS Online to discover how you can turn these challenges into opportunities.
#economics

Injection Molding

Index Climbs Higher Toward ‘Neutral’ Mark

New orders and production hint at a bottom in the initial disruption caused by the Coronavirus pandemic.
#economics

Post-Industrial Recycling

Nova Chemicals Talks Recycled Plastics, Sustainability Strategy

In this Q&A, Monika Kleczek, circular economy market development manager, Nova Chemicals Polyethylene Business, talks about the company’s efforts to expand a market for recycled plastics. 
#sustainability #economics

Consumer Products

Pandemic’s Impact on U.S. Plastics Appears Weaker Than Originally Forecast

A second quarter economic report from the Plastics Industry Association (PLASTICS) reveals the possibility of a less severe coronavirus slowdown in the plastics industry than previously expected.
#economics

Injection Molding

Contraction Slows for Processors

For the first time since the coronavirus pandemic, Gardner Business Index signals decelerating contraction as all components report improved readings.
#economics

Thermoforming

Plastics Processing Business Continued Contracting in April

Global economic shutdown causes downturn in new orders and production.
#economics

Packaging

Additives: Additive and White Masterbatch Portfolio for BOPE Films

Ampacet’s Biox4ce additive masterbatches for biaxially-oriented polyethylene (BOPE) film applications support the circular economy.
#economics #polyolefins

Injection Molding

Processing Index Contracts as Coronavirus Disrupts Economy

COVID-19 results in weaker new orders, production dips and a disrupted supply chain in March. But for how long?
#economics