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Resin prices continue to hammer processors in 2021 iStockphoto Resin buyers hoping to ease into 2021 had a rude awakening, as a series of price hikes have taken hold in North American markets for polypropylene and other commodity materials. PP prices have surged an average of 13 cents per pound since Jan. 1, after jumping 14 cents in December. The eye-popping two-month total of 27 cents in increases has led some processors to issue price surcharges on PP-finished products. Regional prices for polyethylene are up an average of 5 cents per pound since Jan. 1, with PVC prices up 4 cents and pric...

Braskem meets demands of an extraordinary 2020 Nikolich When 2020 began, the main item on the calendar of Braskem executive Mark Nikolich was the opening of Project Delta, the firm's new polypropylene resin line in La Porte, Texas. But many unexpected events happened between January and the start of the new billion-pound-capacity line in September. That list included the COVID-19 pandemic, a pair of hurricanes and 28-day shifts at two Braskem PP plants. "There was a lot of anticipation for the new plant," Braskem America CEO Nikolich said in a recent interview with Plastics News. "We were de...