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.
Plastics Pricing News and Increases
The Dow Chemical Company - Polyethylene Price Notification Effective May 1, 2016 US LLDPE Resin increase #3 set for May Will impact future stretch film costs
Effective May 1, 2016, The Dow Chemical Company (TDCC) will increase the selling price of all polyethylene resins in the United States by US$0.05/lb. This announcement is in addition to all previously announced increases.
Products included in this price increase are as follows: All other HDPE and LLDPE Resins (Read Dow Letter)
BULLISH SENTIMENT ON PE RESIN – ethylene monomer costs soar driving resin prices up
LLDPE stretch film increase (#2) announced. Set for May 2 (Sigma) (Berry) (AEP)
In response to this April 1st resin increase, all new orders received on or after May 2nd will be priced at a 5% increase. This increase is in addition to our previously announced increase implemented April 4th. Improving global and domestic demand, along with rising feedstock costs are currently supporting this increase.