Manufacturing Industry

Processors paying more per pound: Part 2 of 2; Higher resin prices return after short-term slump.(Special Report)

Plastics News, October, 2006 by Esposito, Frank

Byline: Frank Esposito PVC The North American PVC market also is looking at a good chunk of new capacity in late 2007 and 2008, but resin executives aren't losing sleep over it. "Most of the adjustment [for the new capacity] has already been done,'' said Brad Esckilsen, PVC marketing director for Formosa Plastics Corp.

USA of Livingston, N.J. "Contractors already are cutting back on housing starts. They know they need to work off excess inventory. "We knew the market for residential construction was going to be down,'' he added. "But there's more work coming from commercial and municipal projects. "Commercial projects like hotels, office space and retail are up 10 percent in the last year. There's been underinvestment there and in municipal projects...

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