Quick Packaging News

Revolution Stretch Wrapper 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.

LLDPE: Stretch Wrap Demand Up On Improving Business Outlook Resin producers issue new 5 cpp price increase for October with no agreement on implementation. Order books look better on reports of depleted Distributor inventories. Due to continuing rising feedstock costs, all polyethylene resin suppliers have successfully implemented a $.04/lb increase effective September 1, 2009. As a result of these raw material increases, we will implement a 6% price increase on all orders received on or after October 1, 2009 and on shipments effective October 15, 2009. All orders received prior to October 1, 2009 must call for immediate shipment. We reserve the right to accept or deny orders and will limit acceptance to normal order levels based on historical sales. In addition to the September 1 price increase, all resin suppliers have announced a $.04/lb increase effective October 1, 2009. We will keep you posted on this and be sure to communicate any developments. U.S. Stretch Film Producer Septemb...

PE prices were steady this week but trading was relatively quiet. Several participants said that a 4 cpp contract price increase proposed in September was largely implemented. Producers have issued a 5 cpp contract price increase for October, but no agreement on implementation has been reached yet. Market Analyst October 2009

LLDPE: Stretch Wrap Demand Improves On Industrial Production Jump C.D.I. September resin up 4 cents/lb. Film price increases loom.Distributor restocking 'takes off' on swelling order books and depleted inventories. A PE market analyst commented that the September PE price hike seemed to come out of nowhere. "The drivers that would have helped it get through are already gone,". "There's little domestic demand and almost no buying in Asia. But [PE makers] stuck to their guns and said "Go buy from someone else, then." North American PE prices now have climbed an average of 17 cents per pound in 2009. That works out to an increase of almost 30 percent, based on average selling prices for dairy blow molding grades of high density PE. The increases came after prices plummeted in the fourth quarter of 2008, as prices for oil and natural gas tanked and demand evaporated as the impact of global recession kicked in. Trade News October 2009 Against the odds, ...

LLDPE: Stretch Film Demand Improves Proposed 4-cent August increase in question. Resin buyers balk at new increase in light of current business climate. Average U.S. selling prices for resin have bounded up since July 1, fueled by rapid rises in feedstock prices. Benzene - a key feedstock used in the production of many commodity resins - closed at $2.92 per gallon in July, up almost 25 percent from June. August could bring more of the same, with benzene set to close at $3.65 per gallon, an increase of an additional 25 percent. Plastics Market Reports August 2009 Polyethylene prices firmed this week and participants continued to discuss tight supply and strong export demand. Producers are seeking to implement a 4-cent increase in PE prices in August. The outcome has not been determined and negotiations continue. Market Analyst August 2009 Chemical makers post big sales declines; see recovery. Four U.S. chemicals makers reported significant declines in sales as the global recession stran...

LLDPE prices soft, trading light Proposed 4-cent July increase, and 4-cent August increase in question. Growing number of resin buyers quiz increase rationale with economy woes causing weak demand. PE prices softened this week and trading was relatively light. Producers have proposed 4-cent increases for July, and an additional 4-cent increase to for August. The outcome of the July increase initiative has not officially been determined. However, a growing number of market participants are questioning the rationale behind these increases in the face of a weak economy and slack demand. Market Analysis July 2009

Polypropylene resin prices have continued to climb and are now 35% higher then they were at the end of 2008. Consequently, effective August 21, 2009, Pac Strapping will push for a 7% increase on all polypropylene strapping. Pac Strapping July 2009