TP buyers: hang on for a bumpy ride.With the September September: see month. round of polyolefin polyolefin synthetic material used for surgical sutures, e.g. in polyethylene and polypropylene sutures. price increases now reported to be largely implemented, resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing suppliers issued new PE and PP hikes for October October: see month. . And they had plenty of company: Makers of PS, PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. , and engineering resins resins, n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations. raised tabs also. Much of the recent fast-paced pricing activity is directly linked to a shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. in ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. and propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2. propylene glycol a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations. monomers. Ethylene is needed to make not only PE but also styrene sty·rene n. A colorless oily liquid from which polystyrenes, plastics, and synthetic rubber are produced. Also called vinylbenzene. and vinyl chloride vinyl chloride or chloroethylene Colourless, flammable, toxic gas (H2C=CHCl), belonging to the family of organic compounds of halogens. It is produced in very large quantities and used principally to make PVC, as well as in other syntheses and in monomers. Propylene is generally a byproduct by·prod·uct or by-prod·uct n. 1. Something produced in the making of something else. 2. A secondary result; a side effect. Noun 1. of ethylene production. Adding to what was already a tight monomer monomer (mŏn`əmər): see polymer. monomer Molecule of any of a class of mostly organic compounds that can react with other molecules of the same or other compounds to form very large molecules (polymers). supply situation have been several recent plant outages. Following the Aug. 8 fire at Exxon Chemical Co.'s Baton Rouge Baton Rouge (băt`ən r  zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La., ethylene plant (see PT, Sept.
'94, p. 73), Mobil Chemical had a one-week shutdown shut·down n. A cessation of operations or activity, as at a factory. shutdown Noun the closing of a factory, shop, or other business Verb shut down at its Beaumont, Texas Beaumont is a city and county seat of Jefferson County, Texas and is within the Beaumont-Port Arthur metropolitan area. As of the 2000 U.S. Census, the city had a population of 113,866. , ethylene facility due to operational difficulties. An Aug. 18 fire at Shell Chemical Co.'s Norco, La., ethylene plant forced that company to declare force majeure [French, A superior or irresistible power.] An event that is a result of the elements of nature, as opposed to one caused by human behavior. The term force majeure because of its already depleted de·plete tr.v. de·plet·ed, de·plet·ing, de·pletes To decrease the fullness of; use up or empty out. [Latin d inventories resulting from mechanical difficulties at both this site and at its Deer Park, Texas Deer Park is a city in Harris County, Texas within the Houston–Sugar Land–Baytown Metropolitan Area and is situated in Southeast Texas. As of the 2000 U.S. Census, the city population was 28,520. History Deer Park was founded in 1892 by Simon West. , plant. In early September, the company was reported to be producing at 70% of contract levels. Then "operational upsets" at Quantum Chemical Co.'s La Porte La Porte (lə pôrt), city (1990 pop. 21,507), seat of La Porte co., NW Ind.; inc. 1835. It is a manufacturing center in fertile farmland on the edge of the Calumet industrial region. , Texas, ethylene facility led to that company's declaration of force majeure early last month. Sources at Quantum said the situation was mostly under control by mid-September: Seven of eight furnaces were back in operation and the eighth was expected to be back on line by month's end. By late August, ethylene contract prices were around 27[cents]/lb, up about 7[cents] from the previous month, and material on the spot market was reported to be selling at over 40[cents]/lb. Propylene prices moved up 1[cents]/lb in August and suppliers were aiming for another 1[cents]/lb in September, bringing polymer-grade material to 17.75[cents]/lb. One industry source ventures that increases of similar magnitude can be expected through the remainder of the year.
Bulk(*) List & Market Prices Effective Mid-September
LIST MARKET
RESIN GRADE(b) [cents]/LB [cents]/LB(b) [cents]/CU IN(b)
ABS
MED IMPACT 128-138 89-91 3.4
HI IMPACT 135-141 94-100 3.7
X-HI IMPACT 140-147 102-105 3.9
HI HEAT 132-155 117-121 4.7
PIPE 110-115 82-85 3.2
SHEET 95-105 87-90 3.4
TRANSPARENT 152-158 112-124 4.3
FITTINGS 102-107 94-97 3.7
PLATING 137-139 105-115 4.0
FLAME RET 138-161 122-130 5.7
STRUCT FM 120-126 103-107 NA(d)
10% GLASS 147-160 140-160 6.0-6.1
30% GLASS 143-156 136-156 6.0-7.2
ABS/PC ALLOY 148-154 145-150 6.0-6.1
ABS/PC ALLOY 144-161 140-45 6.0-6.1
ABX/NYLON ALLOY 177-199 177-199 7.0-8.0
ACETAL
HOMOPOL 180-184 123-127 6.1-6.4
20% GLASS 183-197 142-150 7.9-8.4
COPOLYMER 180-184 123-127 6.1-6.4
25% GLASS 190-201 142-150 7.9-8.4
ACRYLIC
G-P 117 91-93 3.9-4.0
IMPACT 152 135-152 5.6-6.3
ACRYLONI-
TRILE COPOL
EXTRUSION 119 101-116 4.0-4.6
INJECTION 158 120-135 4.8-5.4
ALKYD 72-85 65-74 4.9-5.5
CELLULOSICS
ACETATE 156 156 NA(d)
CAB 154 154 NA(d)
CAP 154 154 NA(d)
DAP (G-P) 251-497 251-497 16.26-34.71
EPOXY
G-P RESIN 128-137 116-126 NA(d)
COMPOUNDS
C/B/T(e) 123-166 123-166 9.4-12.9
R/C/D(f) 208-271 208-271 15.3-20.1
SEMICONDUCTOR
NOVOLAC 193-228 193-228 13.1-15.9
ANHYDRIDE 188-268 188-268 13.9-19.2
EVA
INJECTION 84-110 60-95 2.4-4.0
FILM EXTRU 55-95 55-87 2.4-2.7
EVOH 241 241 10.0
FLUOROPOLYMER
CTFE 3000 3000 237.6
ECTFE 1100 1100 70.1
ETFE 1230-1505 1230-1505 79.3-97
FEP 925-1090 925-1090 70.3-82.8
PFA 1830-2005 1830-2005 141-154.5
PTFE 640-720 570-640 45.0-51.0
PVDF 639-645 639-645 41.4-41.8
IONOMER 97-137 97-137 3.4-4.8
LIQUID-
CRYSTAL
POLYMERS
INJECTION
MIN FILLED 690-1035 690-1035 44.2-72.1
GLASS FILLED 715-1065 715-1065 50.5-100.4
CARBON FILLED 1700-2000 1700-2000 83.2-138.6
EXTRUSION
UNFILLED 1200-2200 1200-2200 60.5-110.9
MELAMINE
MOLD
COMPOUND 95-103 90-94 5.5-5.6
MALAMINE/
PHENOLIC
COMPOUND 78-117 75-83 4.5-5.0
NYLON
TYPE 6 228-345 129-133 5.9
MIN FILLED 170-177 122-130 6.3
30% GLASS 171-244 156-160 7.7
TYPE 66 240-241 136-143 6.5
MIN FILLED 175-195 123-127 6.3
30% GLASS 240-244 165-175 9.8
TYPE 69 255-280 250-276 9.7-10.7
TYPE 6/10 332 286-313 12.4-13.6
TYPE 612 341 286-327 11.4-13.2
30% GLASS 330 309-311 14.7
40% GLASS 328 309 14.7
TYPE 46 295 295 12.6
TYPE 11 403 329-341 13.6-14.1
30% GLASS 415 331-350 15.0-15.8
40% GLASS 415 347-360 17.7-18.5
TYPE 12 392 318-341 12.1-13.0
30% GLASS 403 327-350 14.7-15.8
50% GLASS 400 299-340 15.6-17.8
TRANSPARENT
AMORPHOUS 365 247-360 10.3-15.0
PHENOLIC
MOLD COMP 62-100 55.5-87.5 2.8-4.0
REINFORCED GRADES 1115-300 100.5-267.5 6.0-15.9
POLYAMIDE-IMIDE
MODIFIED 1750 1750 95
UNMODIFIED 1900 1900 97
POLYARYLATE 225-280 200-280 8.8-12.3
POLYARYL-
SULFONE 440 440 21.8
POLYBUTYLENE
G-P 94-96 94-96 3.1
FILM 88-91 88-91 2.9
PIPE
COLD WATER 116-120 116-120 3.9-4.0
HOT WATER 162-166 162-166 5.5-5.6
POLYCAR-
BONATE
INJECTION 242-249 148-163 6.7
20% GLASS 240-329 178-190 8.9
30% GLASS 219-247 188-217 10.4
EXTRUSION 242-249 137-145 5.9
BLOW MOLD 184-262 150-170 6.7
STRUCT FOAM 222 159-181 NA(d)
20% GLASS 297 245-255 NA(d)
FR 255-289 176-197 8.2
CD 281 185-200 9.6
POLYESTER (TP)
PBT TYPE
UNFILLED 164-175 143-150 6.9
HHMP 195-205 154-165 7.6
30% GLASS, FR 170-190 165-187 10.0
STRUCT FOAM 165-170 159-165 NA(d)
PET
BOTTLE (RAILCAR) 68-70 64-67 3.6
MOD PET
30% GLASS 176 132-143 7.4
55% GLASS 200 148-155 9.8
30% GLASS,
FLAME RET 230 147-157 9.2
PETG COPOL 98 98 4.5
POLYESTER
THERMOSET
G-P ORTHO 68-79 57-65 NA(d)
ISOPHTHALIC 73-81 60-70 NA(d)
BIS-A 120-150 120-150 NA(d)
PEEK 3300 3300 109.3
30% GLASS 2525 2525 110.0
POLYETHER-
IMIDE 465 465 21.5
30% GLASS 380 380 19.8
POLYETHER-
KETONE (PEK) 2950 2950 130.1
30% GLASS 2600 2600 153
POLYETHER-
SULFONE 549-560 549-560 27.1-27.7
30% GLASS 457-505 457-505 26.0-29.2
POLYETHYLENE
(RAILCAR)
LDPE
GP MOLDING
& EXTRU 55-60 42-44[up arrow] 1.4
INJECTION 55-60 42-44[up arrow] 1.4
LID RESIN 55-60 40-45 1.4
LINER 55-60 41-43[up arrow] 1.4[up arrow]
CLARITY 55-60 43-45[up arrow] 1.4[up arrow]
EXTRU COATG 55-60 40-44[up arrow] 1.4[up arrow]
BLOW MOLD 67-80 47-49 1.5
ROTOMOLD,
PELLET 70-80 41-45 1.4
POWDER 70-80 47-52 1.6
LLDPE,
BUTENE-
BASED
GP MOLDING 55-60 39-40[up arrow] 1.3
FILM 55-60 35-37[up arrow] 1.2
BLOW MOLD 70-75 45-49[up arrow] 1.4
ROTOMOLD 70-75 41-45 1.4
LLDPE,
HAO-BASED
GP MOLDING 63-67 40-43 1.4
LID RESIN 63-67 40-42 1.4
LINER FILM 63-67 38-41 1.3
HDPE
G-P INJ MOLD 60-63 36-38[up arrow] 1.3[up arrow]
FILM 60-63 38-40[up arrow] 1.3[up arrow]
BLOW MOLD 60-63 38-40[up arrow] 1.3[up arrow]
HMW-HDPE
BLOW MOLDING 60-63 40-42[up arrow] 1.3[up arrow]
FILM 60-63 40-42[up arrow] 1.3[up arrow]
PIPE 63-67 45-49 1.5
UHMW-PE 110-125 95-120 3.6-3.7
PPE/PPO-
BASED RESIN
INJECTION 140-220 116-139 4.9-5.6
20% GLASS 214-226 170-207 7.4-9.0
30% GLASS 200-220 214-274 10.5-10.9
EXTRUSION 170-240 150-181 5.8-7.0
STRUCT FM 164-175 125-137 NA(d)
PPS
40% GLASS 313-330 295-313 155-18.3
20% GLASS/
35% FILLER 157 150-159 11.1-12.3
35% GLASS/
35% FILLER 197 147-149 10.1-11.5
POLY-
PROPYLENE
(RAILCAR)
G-P HOMOPOL
INJECTION 55-60 35-36[up arrow] 1.1[up arrow]
EXTRUSION
FIBER 55-60 35-36[up arrow] 1.1[up arrow]
PROFILES 55-60 36-37[up arrow] 1.2[up arrow]
RANDOM COPOL
BLOW MOLDING 60-65 45-47[up arrow] 1.3[up arrow]
FILM 60-65 43-45[up arrow] 1.3[up arrow]
INJECTION 60-65 44-46[up arrow] 1.3[up arrow]
IMPACT COPOL
MED IMP 58-70 47-50[up arrow] 1.4-1.5[up arrow]
HI IMP 70-84 54-56[up arrow] 1.6-7[up arrow]
SUPER HI IMP 70-84[up arrow] 70-74[up arrow] 2.1[up arrow]
POLYSTYRENE
(RAILCAR)
GP CRYSTAL 60-66 45-47[up arrow] 1.6[up arrow]
HI HEAT 63-66 46-48[up arrow] 1.6[up arrow]
HIPS 66-68 47-49[up arrow] 1.7[up arrow]
SUPER HI IMP 72-73 58-60[up arrow] 2.0[up arrow]
FR 91-95 77-78 3.2
STRUCT FM (FR) 100-105 84-86 NA(d)
EPS
UNMODIFIED 79 61-64 NA(d)
MODIFIED 81 60-61 NA(d)
POLYSULFONE 423-490 423-490 18.9-21.9
10% GLASS 414-480 414-480 19.5-22.7
30% GLASS 357-420 357-420 18.8-22.1
POLYURE-
THANE (TP)
ESTER TYPE 168-215 168-215 7.5-9.3
ETHER TYPE 283-304 231-243 10.0-10.5
PU
ISOCYANATES
POLYMERIC MDI 105-110 90-96 NA(d)
80/20 TDI 125-141 90-105 NA(d)
PVC RESIN
(RAILCAR)
G-P HOMOPOL 37-38 37-38[up arrow] NA(d)
PIPE 36-37 36-37[up arrow] NA(d)
FILM 39-40 39-40[up arrow] NA(d)
COPOLYMER
FLOORING 57 47-49 NA(d)
DISPERSION
HOMOPOLY 74 61-62 NA(d)
COPOLYMER 74 65-69 NA(d)
CPVC PIPE
COMPOUND 137 118 NA(d)
PVDC
EXTRUDABLE 162 162 NA(d)
SILICONES
MOLD COMP. 581-640 581-640 38.1-39.3
SPECIALTY GR. 891-3148 891-3148 NA(d)
SILICONE/EPOXY 339-343 339-343 22.5-22.8
STYRENE-
ACRYLIC 112-118 108-112 3.7-4.0
SAN (G-P) 97 85-88 3.3
STYRENE
MALEIC
ANHYDRIDE
G-P 115-120 110-115 4.2-4.3
HI IMP 149-179 130-140 4.2-4.5
FR 185-189 175-183 6.7-7.0
TP ELASTOMERS
OLEFINIC 95-115 70-76 2.4
POLYAMIDE 287-337 287-337 10.4-12.3
POLYESTER 245-310 200-310 8.8-13.6
STYRENIC 63-350 83-237 2.9-8.3
UREA MOLDING
COMPOUND
BLACK & BROWN 67-78 67-78 3.6-4.1
WHITE & IVORY 72 72 3.8
VINYL ESTER
COR RES 144 144 NA(d)
HEAT & COR RES 158 158 NA(d)
KEY
Colored areas indicate pricing activity. An arrow ([up arrow]) indicates
direction of price change.
* Truckload, unless otherwise specified.
a Unfilled, natural color, unless otherwise specified.
b Based on sampling of processors.
c Based on typical or average density.
d Not applicable.
e For coils, bushings, transformers; novolac and anhydride grades.
f For resistors, capacitors, diodes; novolac and anhydride grades.
September styrene monomer contract prices were expected to settle at 37-38[cents]/lb, up from 24[cents] in January. On the spot market, styrene was selling at over 45[cents]/lb. As noted below, engineering resins are suffering from their own monomer and other cost pressures. POLYOLEFINS KEEP RISING At press time, new price increases of 5[cents]/lb across-the-board on LDPE LDPE abbr. low-density polyethylene , LLDPE LLDPE Linear Low Density Polyethylene , and HDPE HDPE abbr. high-density polyethylene , effective October 1, had been officially announced by all major suppliers. In PP, several major suppliers had officially confirmed a new round of 3[cents]/lb increases for Oct. 1. These suppliers include Quantum, Novacor Novacor® An implantable left ventricular assist device, which provides self-regulating circulatory support for end-stage heart disease, serving as a mechanical bridge while Pt awaits a heart transplant , Himont, Shell, Aristech, and Solvay. Meanwhile, Fina and Huntsman issued increases of 5[cents]/lb with a 2[cents] "temporary voluntary allowance" (TVA TVA: see Tennessee Valley Authority. ), while Epsilon 1. (language) EPSILON - A macro language with high level features including strings and lists, developed by A.P. Ershov at Novosibirsk in 1967. EPSILON was used to implement ALGOL 68 on the M-220. issued a 6[cents]/lb price hike with a 3[cents] TVA. One PP supplier projects that by early fourth quarter, PP homopolymer ho·mo·pol·y·mer n. A polymer composed of identical monomeric units. will be selling at 38-39[cents]/lb, while another says it will go above the 40[cents] mark once the October price increases are fully implemented. NEW ROUND OF PS HIKES The September PS increases of 4[cents]/lb are reported to have been implemented on all standard and specialty grades. Effective Oct. 1, suppliers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an additional 6[cents]/lb on the same range of grades. The 4[cents]/lb hike on ignition-resistant grades was not implemented in September. However, suppliers still intend to seek that raise, along with a new increase of 8[cents]/lb, this month. Besides the higher costs of styrene monomer, ignition-resistant PS has been hit hard by skyrocketing costs of antimony antimony (ăn`tĭmō'nē) [Lat. antimoneum], semimetallic chemical element; symbol Sb [Lat. stibium,=a mark]; at. no. 51; at. wt. 121.75; m.p. 630.74°C;; b.p. 1,750°C;; sp. gr. (metallic form) 6. oxide oxide, chemical compound containing oxygen and one other chemical element. Oxides are widely and abundantly distributed in nature. Water is the oxide of hydrogen. Silicon dioxide is the major component of sand and quartz. (see PT, Sept. '94, p. 32). PVC RESIN RISING At press time, PVC resin suppliers were aiming for an increase of 2[cents]/lb in September. "I expect it to be fully in place in October," says one supplier. Overall, PVC prices have risen 8[cents]/lb since the beginning of the year. The ethylene shortages are affecting some suppliers, particularly those who do not make their own monomer, such as Borden Chemicals. That company is reported to have put its resin customers on allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as since early August, following the Exxon fire. ENGINEERING RESINS UP, TOO Spurred by sharply rising costs and tightening supplies of upstream From the consumer to the provider. See downstream. (networking) upstream - Fewer network hops away from a backbone or hub. For example, a small ISP that connects to the Internet through a larger ISP that has their own connection to the backbone is downstream from the larger monomers, several engineering-thermoplastic suppliers last month issued yet another round of price increases. Previously, resin firms had said monomer costs were not a major factor in price adjustments issued during the first half of this year. Instead, they blamed "internal costs" of labor, taxes, and new environmental regulations, as well as a firmer supply/demand balance. But now resin suppliers are telling a different story. A spokesman for one major producer says the escalating price trend for engineering resins in recent months "is a direct response to rising raw-material costs. It's ludicrous to assume that these new increases are being made simply to prop up Verb 1. prop up - support by placing against something solid or rigid; "shore and buttress an old building" prop, shore up, shore hold up, support, sustain, hold - be the physical support of; carry the weight of; "The beam holds up the roof"; "He supported price margins on engineering resins." And DuPont Engineering Polymers recently issued a statement saying the cost of nylon nylon, synthetic thermoplastic material characterized by strength, elasticity, resistance to abrasion and chemicals, low moisture absorbency, and capacity to be permanently set by heat. After 10 years of research E. I. feedstocks cyclohexane cyclohexane (sī'kləhĕk`sān), C6H12, colorless liquid hydrocarbon. It is a cyclic alkane that melts at 6°C; and boils at 81°C;. It is nearly insoluble in water. and butadiene butadiene (by t'ədī`ēn), colorless, gaseous hydrocarbon. There are two structural isomers of butadiene; they differ in the location of the two carbon-carbon double bonds in the has risen 13% since January and is projected to continue upward through
next year. In addition, producers of flame-retardant compounds have
swallowed a threefold rise in the cost of antimony oxide this year.Dow (Direct OverWrite) See magneto-optic disk. Chemical issued two separate price increases. Dow's Automotive Materials & Services Group said it is raising prices Oct. 1 on automotive grades of g-p Magnum ABS (Automatic Backup System) See backup program. (up 3[cents]/lb), Tyril SAN and Sabre PC/PET (both up 4[cents]/lb), and specialty ABS lines (up 5[cents]/lb). In addition, the Dow Plastics unit issued an across-the-board increase for Sept. 19 on ignition-resistant ABS (up 11[cents]/lb), all other ABS resins (up 6[cents]/lb), Calibre calibre see caliber. PC (up 10[cents]/lb), Pulse PC/ABS PC/ABS Polycarbonate/Acrylonitrile Butadiene Styrene (up 8[cents]/lb), Sabre PC/PET (up 4[cents]/lb), and SAN (up 8[cents]/lb). DuPont said that on Oct. 1 its Zytel and Minlon nylons would go up 5% and FR grades up 7%, Delrin acetal acetal /ac·e·tal/ (as´e-t'l) 1. any of a class of organic compounds formed by combination of an aldehyde molecule and two alcohol molecules. 2. up 8-10%, Rynite polyesters up 3% (FR grades up 6%), and Hytrel copolyester TP elastomers up 5%. GE Plastics published price increases for Sept. 6 on Lexan PC (up 10[cents]/lb), Cycolac ABS (FR grades up 11[cents]/lb, others up 6[cents]/lb), Cycoloy PC/ABS (up 8[cents]/lb), Noryl PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there and Prevex PPE PPE (Brit) n abbr (Univ) (= philosophy, politics, and economics) → Studiengang bestehend aus Philosophie, Politologie und Volkswirtschaft PPE n abbr (BRIT ) (SCOL (both up 7[cents]/lb), Xenoy PC/polyester (up 4[cents]/lb), Geloy ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and (up 4[cents]/lb), and FR Valox PBT PBT Provider Backbone Transport (networking technology adding determinism to ethernet) PBT Polybutylene Terephthalate PBT Profit Before Tax PBT Paper Based Test (education) (up 7[cents]/lb). The only GE lines not affected were Ultem PEI and standard Valox. Spokesmen for Hoechst Celanese and Miles said their firms have no immediate plans for price increases on engineering thermoplastics. |
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