PE and PP producers back to 70% of normal operation

From Hunt for resin continues, even as supplies improve (Plastics News):

Market sources indicated that regional operating rates for PE and PP were back to 70 percent by the end of March. PVC production also had improved, but production of PVC compounds was still being affected by limited supplies of additives, sources said.

In spite of some improvement, North American resin distributors are facing ongoing challenges in getting material to their customers.

“Polyethylene is a little better than it was two weeks ago, but polypropylene hasn’t improved much,” said Marc Fern, executive vice president at M. Holland Co. in Northbrook, Ill. “No one’s getting everything they want. It could be May or early June until supply is back in balance.”

Leave a Reply