No significant changes to PE pricing or availability. See update here.
Not much new on the PE resin front. Prices appear to have steadied with producers now looking to push prices higher. See update here.
Plastics News article - Intertape Polymer Group Inc. is acquiring RJM Manufacturing Inc., a maker of filament and pressure sensitive tapes, in an $11 million deal. See Plastics News article here.
Plastics News article - Braskem Idesa’s new petrochemicals site in Coatzacolacos, Mexico, is 98 percent complete and should be starting production in December. The projects will have annual capacities of more than 2 billion pounds of both PE and ethylene feedstock. The PE capacity will be the first new addition to the North American PE market since the early 2000s. See Plastics News article here.
Plastics News article - That long-expected wave of new polyethylene capacity is getting closer to crashing on North American shores. See Plastic News article here.