Spot Resin Pricing News

Spot PE Resin Pricing News 








Two Fresh Cracker Disruptions Sends Spot Ethylene Prices Soaring
July 08, 2014

CPChem had a fire at its Port Arthur Olefins complex on Monday causing a cracker furnace to be shutdown.

Equistar Chemical declared Force Majeure for Ethylene produced at its Laporte Petrochemical complex.

Together these disruptions contributed to a sharp rise in spot Ethylene prices, reaching $.60/lb by close of trading on Tuesday.

Comments

Post a Comment

Popular posts from this blog

Revolution Low Profile Pallet Stretch Wrapper

Image
Quick Pak introduces the Revolution Semi Automatic Stretch Wrapper. It’s a value priced semi automatic stretch wrapper. This price competitive workhorse will give you years of trouble free operation. It will solve the problems associated with poorly hand wrapped pallets.The Revolution represents an advanced design with completely reliable technology in a sleek frame, giving users a rugged machine of unmatched quality.The Revolution will convert the high volume hand wrap user over to wrapping pallets by machine. Special Offer: Buy 5 pallets of machine film and you get the Machine FREE. 20" x 80eq x 5000' High Performance Cast Machine Film 1-side cling, 50 rolls per pallet, 25.2 Lbs/roll. 5 pallets x 50 rolls = 250 rolls @ $39.81 per roll Total investment = $9,952
Read more

Choosing Biodegradable Plastics

Image
Becoming more sustainable is one of the core goals of many businesses as more consumers become environmentally aware, and packaging is a great place to start. However, making the best sustainable packaging choices for your business can be challenging – there are so many options out there.  Plastics are often touted as one of the key pollutants of our seas and oceans – with up to 8 million tons ending up in marine environments each year. However, many businesses still have a need for it, so it makes sense that they may go in search of eco-friendly plastic alternatives. This is where things can become complex. Not all “green” plastics are as environmentally friendly as they seem… Commonly, many companies will interchange the terms biodegradable, bioplastic and compostable when discussing packaging but this can be misleading. Confusion around these terms can then lead to misconceptions about the disposal of so-called biodegradable materials. So, what’s the difference?   Bio-based, B
Read more

Saving Money Using Banding Stretch Film to Ship UPS and FEDEX

Image
Here in this video I have 10 cases I'm shipping out UPS Ground.  The cost is $68 total for the 10 cases.  I used 5" wide Stretch Banding Film by Quick Pak Inc and wrapped the cases in packs of 2.  That took about 5 min and the cost to ship the same 10 cases wrapped in two's cost just over $30 total. Product Used:  5" x 80ga x 1000' Stretch Banding Film on 3" cores and 1 plastic handle per case. Handy wrap banding stretch film is made with an extended core for easy maneuvering. This bundling stretch film has a 1 inch diameter core on one side that is less bulky and easier to handle than other stretch film dispensers. Its built-in handle is ready to use right out of the box and is disposable after use. Each roll of plastic stretch wrap is a high quality cast film that is residue free and will stick to itself without any adhesives. Bundling plastic wrap is an inexpensive alternative to wire, twine, tape, or strapping. Buy Here: https://quickpakinc.com/5-
Read more