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The dramatic drop in crude oil prices has resulted in significant declines in resin pricing in recent months.  What the future holds in terms of resin prices is not easily understood as the drivers are global and complex. The recent oil price decline is related to a complex set of global drivers including a slowing […]

Michael Porter’s “The Competitive Advantage of Nations”, published in 1990, established that geographic proximity of companies provides a significant competitive advantage.  Porter’s work resulted in public policy focusing on creating and nurturing industry “clusters” as a path to economic growth. “Clusters are geographic concentrations of interconnected companies and institutions in a particular field.  Clusters extend […]

There is no doubt that innovation plays a key role in manufacturing.  It has a big impact on the profitability of both individual companies and entire industries.  In fact, a PricewaterhouseCoopers report shows that the most innovative companies are growing at nearly four times the rate as the least innovative. Investment in innovation is costly […]

What’s In This Month’s Roundup? Did you know 3-D printers are being used in outer space?  Interested in how a new polymer coating process found a place in the market?  Want to learn more about how shale is impacting the price of oil?  This month’s roundup features these topics and more. Commercializing a new generation […]

As incomes increase in developing countries, the consumption of plastics increases rapidly. McKinsey & Company explains that “less expensive consumer goods and the early stages of industrialization significantly raise levels of plastics use as markets start developing.” A research study produced by Grand View Research shows that the global market for plastics is expected to grow […]

Due to the shale gas development in the region there is a high probability that a sizable petrochemical complex will be built.  Odebrecht-Braskem is well underway in their planning and engineering to invest in an ethane cracker along with polyethylene and polypropylene facilities on the West Virginia/Ohio border.    A regional petrochemical facility could potentially have […]

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