Plastics converters under raw materials cost pressure
Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry's Brussels based body.
Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry's Brussels based body.
Borealis, a leading provider of chemical and innovative plastics solutions, announces that it will increase all polyethylene and polypropylene prices by EUR 100/tonne for January, 2012.
The Plastics Industry Awards, known as the Oscars of the UK plastics industry handed out at a gala event held at the London Hilton on Friday 14th October, 2011. Creators of a potentially life-saving piece of rock climbing equipment and a grow box which enables dwellers of high rise flats to cultivate their own vegetables were among the winners.
BASF increases prices globally for antioxidants and process stabilizers for plastic applications up to 15 percent, in selected cases up to 25 percent and for selected products across the portfolio of additives and pigments for plastic applications up to 25 percent.
The price of plastic raw materials in Southeast Asia has increased up USD 20-30 per ton. It was following a refinery explosion in the tsunami that occurred in Japan.
As a result of continued tightness in end product markets as well as raw material markets, DSM Engineering Plastics will increase prices on a global basis for its Stanyl® products.
In letters sent out to its European clients, Sabic Innovative Plastics (Bergen op Zoom / The Netherlands) announced several price increases for its technical thermoplastics, effective 11 January 2010.