Manufacturing Industry
Since midyear, average price of nylon up 20 cents a pound.
Plastics News, November, 2005
Byline: Frank Esposito Reacting to tight supplies and improving demand, nylon resin prices are up an average of 20 cents per pound since midyear. "Supplies are starting to return to normal,'' said Dave Donofrio, Americas regional business and marketing director with market leader DuPont Co.
in Wilmington, Del. "But after the hurricanes there was a major hit in some of the petrochemicals that feed nylon intermediates.'' Hurricanes Katrina and Rita knocked out as much as 80 percent of regional capacity for nylon feedstock caprolactam at one point, causing supply tightness at nylon resin plants around the country. The situation has since improved, but Donofrio said DuPont's nylon resin inventories remain at about half the levels the company normally likes...
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