Materials

Neste, the Finnish petrochemical company that over the past decade has reinvented itself as a front runner in renewable solutions, has reached this point through a combination of research and development and a can-do attitude towards innovation, backed by a strong and steady stream of investment.

A fire at a plastics feedstocks plant operated by Shell Chemical in Deer Park, Texas, continued to burn on May 8, three days after it first broke out.

Polypropylene resin price's roller coaster ride so far in 2023 has some analysts suggesting the fluctuations are a sign that the market is starting to balance out.

Materials firm Trinseo is restarting the sales process for its styrenics business and changing strategy to include marketing individual assets and regional businesses included in that unit.

The North American polypropylene market remains as volatile as ever as resin prices drop in April after seeing an increase in March.

Avient Corp. reported lower financial results for the first quarter of 2023 as the result of a slowing global economy.

The North American polystyrene resin market is seeing volatility in 2023, the result of fluctuating benzene prices and a slumping economy. Prices were up in March, down in April, and may be up again in May, according to senior reporter Frank Esposito.

LyondellBasell Industries has acquired full ownership of recycling plants in the Netherlands and Belgium for an undisclosed price.

North American prices for solid and expanded polystyrene resins and for nylon 6 and 6/6 resins have declined since April 1.