Commodity Resins

Commodity Resins

Joint Venture in Thailand Will Produce Polyethylene From Ethanol

Bio-based PE project announced by Braskem and SGCG.

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sustainability

Neste Announces Agreement to Produce Bottles Using Renewable & Recycled Material

Neste’s RE, incorporating recycled and renewable material, will be used in making PET bottles.

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Packaging

New HDPE Grade for Mono-Material Machine Direction Oriented Films

Exxon introduced HD7165L for MDO film applications designed for recyclability.

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Packaging

Dairy Product Company to Release All-PE Film Pouch in China

Dow announced that Mengniu is developing a recyclable yogurt pouch using its INNATE TF-BOPE resin.

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PS Prices Plunge, Others Appear to Be Bottoming Out

PS prices to see significant drop, with some potential for a modest downward path for others. 

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Commodity Resins

Integrated PET Plant Due Onstream in 2025

Corpus Christi Polymers Plant to produce 2.4 billion lb/yr of PET and another 2.8 billion lb/yr of PET precursor purified terephthalic acid.  

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polyolefins

Metal-Replacement PP Compounds for Sheet, Thermoforming

Resins are also said to offer options to compression and injection molding for forming form large, complex structural parts.  

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Packaging

UPM Biochemicals and Selenis Form Strategic Alliance to Develop Sustainable PETG

Partnership to develop PETG made from renewable, sustainably sourced forest biomass for use in a variety of packaging applications  

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resin pricing

Soft Prices for Volume Resins

While PP and PE prices may be bottoming out, a downward trajectory was likely for all other volume resins, including engineering types.  

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pet

Commodity Resin Prices Flat to Lower

Major price correction looms for PP, and lower prices are projected for PE, PS, PVC and PET.    

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