Plant Shutdowns and Supply Shifts
INEOS announced on October 30th that they will shut down their Addyston, Ohio facility, which makes ABS and SAN by Q2/25. Citing competitive pressures from imports and the...
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October 4, 2024
ILA Strike Begins, ADNOC Buys Covestro
The East Coast port of NY/NJ strike was started just last night by the International Longshoreman’s Association (ILA) October 1st. This union is the largest in America and...
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September 4, 2024
International Markets Shift, Complications in Shipping
In polymer pricing, Chemical Marketing Analytics reported that GP injection grade PC was flat for August while optical was up by 5 CPP. ABS GP and injection were reported to be...
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August 5, 2024
Resin Prices Stabilize, Container Freight up Sharply
August is Star’s birthday! Started in 1988 as a tolling business for what is now known as Sabic so congratulations to Doug Ritchie and all of the associates at Star who work...
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July 11, 2024
Home Sales Down While Engineering Resins Prices Up
The overall economy is still a bit sluggish. A recent newspaper article reported new home sales reaching a YTD low. New home sales reach 6-month low in May WASHINGTON...
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June 4, 2024
Prices on the Move
At the end of May, crude settled at the lowest price since January which spurs the ongoing concerns about interest rates not dropping. This could affect overall demand in all...
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April 4, 2024
Hope to See You at NPE
NPE is this May 6-10 at the Orange County Convention Center, in Orlando, FL. And Star is located at booth S35203 in the Recycling and Sustainability Zone. Stop by and say...
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March 8, 2024
Price Increases and Transportation Challenges
In the last few weeks, we’ve seen a lot of movement in the market: The styrene monomer (SM) shortage supports increases such as American Styrenics who announced 7 CPP on...
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February 20, 2024
Orders and Prices are on the Rise
There is just too much happening to wait any longer to publish this extra edition of the MMU, so here we go! Overall Market - Talking with customers which includes OEMs,...
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