Plastic World

Montreal researchers create plastic from lobster shells

Montreal researchers create plastic from lobster shells

Updated on:10/04/2019

McGill University researchers have developed a new chemical process that could turn lobster, shrimp, and crab shells into biodegradable plastic.

PVC expectations for May begin to take shape in Asia

PVC expectations for May begin to take shape in Asia

Updated on:08/04/2019

PVC players in Asia have started to voice their expectations regarding a major Taiwanese producer’s May pricing in the midst of gradually improving sentiment and surging crude oil futures. Wide expectations hint at rollovers while some players still believe in the possibility of seeing some further price cuts.

Top Five Plastics Business Stories of 2018

Top Five Plastics Business Stories of 2018

Updated on:04/04/2019

While work on the first issue of 2019 is well underway, we paused to see which Plastics Business articles caught the eyes of our readers in the last year. With archived stories going as far back as 2009, the website is a valuable resource, and the following stories were the top reads for visitors to the website in 2018.

 

Plastics Industry Association urges Trump not to close U.S.-Mexico border

Plastics Industry Association urges Trump not to close U.S.-Mexico border

Updated on:03/04/2019

The art of the deal? Maybe it should have been called the art of the bluff, because we haven’t seen many deals come to fruition, but we have seen plenty of posturing.

China’s total PE imports hit record high in Jan-Feb, contributing to supply length

China’s total PE imports hit record high in Jan-Feb, contributing to supply length

Updated on:03/04/2019

ChemOrbis Import Statistics suggest that China’s cumulative PE imports in the first two months of 2019 posted an annual increase of 23% to reach around 2.5 million tons, the highest figure in the statistics dating back to 2001. This added to the ongoing supply length inside the country.

A look back at China’s import polymer markets in Q1

A look back at China’s import polymer markets in Q1

Updated on:01/04/2019

As the end of the first quarter is near, ChemOrbis data suggest that PS and ABS prices in China’s import markets are closing the period higher than the early-year-levels. The gains in the PE market were only slight while PP prices failed to firm up. The PVC market, meanwhile, is ending the quarter lower.

98% of European plastics production covered by the OCS programme

98% of European plastics production covered by the OCS programme

Updated on:28/03/2019

Following the release of its first Operation Clean Sweep® (OCS) report in 2017, PlasticsEurop has made the OCS programme a top priority in 2018, setting new targets for its members as part of our Plastics 2030 Voluntary Commitment. The 2018 new report provides an overview of the latest OCS developments in Europe and identifies further improvements to prevent pellet loss.

Weekly resin report: PE prices drop, while PP prices see small increase

Weekly resin report: PE prices drop, while PP prices see small increase

Updated on:27/03/2019

The spot resin markets quieted down last week, with prices mixed and average volumes changing hands, reports the PlasticsExchange (Chicago) in its Market Update. Completed volumes were nearly split evenly between polyethylene (PE) and polypropylene (PP). In a minor reverse of trend, PE prices all dropped $0.005/lb, while PP prices finally saw an uptick, though only that same half-cent. Export demand continued to drive incremental sales, and last week, PP joined the party. Despite a (weak) price increase effort, PE contracts are rolling flat, as expected, and March PP contracts are expected to confirm a decrease of around $0.03/lb.

PE and PVC imports from US flooding Europe

PE and PVC imports from US flooding Europe

Updated on:25/03/2019

Statistics reveal a remarkable jump in PE and PVC imports from the US to Europe in 2018. Given the new capacities coming online in the US and the changing trade routes, US cargoes are highly likely to continue finding their way to Europe in 2019 to an increasing degree, suggesting an additional pressure on Europe’s local pricing.

Prepare for Supply Chain Pressures

Prepare for Supply Chain Pressures

Updated on:22/03/2019

No manufacturing operation is immune to supply chain risk. Supply chain problems can occur at any stage of the product lifecycle, and – for those who cannot avoid risk (think everyone) – a “belt and suspenders” mindset is vital to preparing for potential disruptions on the horizon. To minimize risk exposure and be better prepared when supply chain problems crop up, a risk avoidance professional stressed the importance of being proactive rather than reactive – and emphasized that companies can capitalize on their investment in contingency planning by using it as a competitive advantage.

Advanced recycling technologies could have $10 billion economic impact, says ACC report

Advanced recycling technologies could have $10 billion economic impact, says ACC report

Updated on:21/03/2019

Chemical recycling, or “upcycling,” has been getting a lot of attention lately. We have written about Loop Industries Inc., which has developed a patented and proprietary technology that decouples polymers from fossil fuels by depolymerizing waste plastic into its base building blocks (monomers). The monomers are then filtered, purified and re-polymerized to create virgin-quality polyester plastic suitable for use in food-grade packaging.

Plastics Industry Swings from Free Trade to No Trade

Plastics Industry Swings from Free Trade to No Trade

Updated on:19/03/2019

The US once was considered a champion of free trade and now is attacked by many as a protectionist nation. Some Republicans deeply oppose the trade and tariff policies that have been promulgated by President Trump, and others celebrate the effort as long overdue. The same split occurs in the Democratic party, as trade policy is one of those things that cuts across traditional political lines. What exactly is meant by free trade or fair trade? Not surprisingly, dozens of answers exist, with few agreeing on even the basic idea. If one consults the textbooks, the issue of trade is neatly divided into two motivations, but this is rarely the way the real world handles it.