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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.1 A Manufacturing PMI ® above 42.5 manufacturing sector continued to contract, though at a marginal rate compared to December. TEMPE, Ariz. , Feb. Fiore , CPSM, C.P.M.,

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Prices rise for polyethylene, PET

Plastics News

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. It's the first major PE manufacturing complex in the Northeastern U.S.

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Plugging the gap: How HVO fuel is helping operators decarbonise

SMMT

Designed to be used with the latest Euro-6 trucks, and as a sustainable fuel source with a significantly lower carbon footprint than diesel, manufacturers believe it can reduce CO2 emissions by up to 90%.

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Most commodity prices drop, but PE stays flat

Plastics News

Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. One market watcher said U.S. near Pittsburgh.

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Most resins saw prices drop in December

Plastics News

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. It is the first major PE manufacturing complex in the Northeastern U.S. Polypropylene prices declined by an average of 4 cents per pound for the month.

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Stronger together: WA Super Branch supports national supply network

Manufacturer's Monthly

Western Australia is home to some of the country’s largest export-oriented earthmoving and manufacturing operations. By having mobile plant experts and dedicated distribution staff, we can effectively oversee segments like resources and manufacturing on a much broader scale.”. To read the full article, please go here.

Freight 52
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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

4, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. TEMPE, Ariz. , Jan. Fiore , CPSM, C.P.M., percent, 0.6