Manufacturing Industry
Big price, production changes in wind after Gulf hurricanes.(News)
Plastics News, October, 2005 by Esposito, Frank
Byline: Frank Esposito The aftereffects of Hurricanes Katrina and Rita are prompting major pricing and production moves in North American plastic resin markets. Engineering resins makers DuPont Co., BASF Corp. and DSM Engineering Plastics each have announced storm-related price increases.
DuPont's increases, effective Oct. 15, are 12 cents per pound for specialty PET, polybutylene terephthalate and polyolefin elastomer lines and 20 cents per pound for its liquid crystal polymer and PBT products. Wilmington, Del.-based DuPont also is ramping up its acetal prices by 7 cents per pound. "DuPont strives ... to offset escalating costs with productivity programs and other containment measures,'' officials said in a news release. "However, the magnitude of the...
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