Understanding Packaging and the Basics
Packaging Insight is a resource to help our customers understand the terminology used in the various packaging industries. We hope you find the information on these topics both informative and useful. As always we are committed to the success of our customers. If you have a question or need information on a product or topic not mentioned feel free to call us 813 242 6995.
Stretch film pricing
Prices for polyethylene move higher. Rising costs earlier in the year for ethylene, the key chemical use to make polyethylene, are behind the firmer price for the plastic. U.S. polyethylene prices rose 5.7% during the first quarter of 2013. Ethylene itself saw its prices jump by nearly 30% between early December and late January, threatening the profitability of certain plastics' manufacture. Polyethylene is so widely used in the manufacture of packaging, consumer goods and industrial stretchfilm that it is considered by many to be as ubiquitous as fuel.
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TRADE NEWS FEBRUARY 2013
Formosa Declares Force Majeure Due to an unplanned shutdown, Formosa Plastics has declared Force Majeure on LLDPE resins for an undetermined duration. Trade Reports February 2018 More info: www.quickpakinc.com