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Prices rise for polyethylene, PET

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges. North America isn't expected to see much new PET production capacity until 2025. “Everyone’s looking for [resin] demand to pick up.

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How 5G will revolutionize manufacturing and benefits it will provide industrial users

Control Engineering

5G insights By 2025 5G connections in North America are expected to grow to 410 million. from 2022, with demand coming from a variety of industries including retail, healthcare, food and beverage, automotive and logistics. Learning Objectives Learn about the infrastructure requirements of large-scale 5G.

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Commodity prices rise; engineering resins drop

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges. Production is set to begin in 2025 at the plant, which will have annual production capacity of 2.4 billion pounds of PET and 2.9

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Most resins saw prices drop in December

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. Even with those declines, North American PET prices finished 2022 showing a net increase of 16 cents.

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Kickstart: Chocolate in reusable packaging, sustainable jackets and litter cleanup

Plastics News

Food and beverage giant Nestlé SA has announced it's reverting to metal can packaging in Germany in a trial for its Nesquik cocoa powder. One of our goals is to use one-third less virgin plastic by 2025 compared to 2018," a Nestlé representative told Food Navigator. But rather than nostalgia, the impetus is environmental.