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Back Price Trends Ongoing Trends Material Insights: Capacity rises, resin price drops

Material Insights: Capacity rises, resin price drops

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A huge polyethylene expansion in Texas by Chevron Phillips is to be featured in this week’s Material Insights video.

Chevron Phillips has planned to build two new ethylene units alongwith annual capacity of more than 2 billion pounds. The $5 billion project is a result of the discovery and development of new sources of natural gas feedstock in North America.

Latest decreases in North American prices for solid polystyrene and PET bottle resin also are

covered in this week’s video, which wraps up with a prediction of a stronger year in 2012 for the

North American PE market by Dow Chemical Co.'s Mauro Gregorio.

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