IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

IHS Chemical: North American PP to thrive on improved supply

6:05 AM MST | December 6, 2013 | —Clay Boswell

Beginning in 2016, plastics convertors in North America will find increasingly attractive prices for polypropylene (PP), according to Joel Morales, principal analyst at IHS Chemical. At the same time, producers in the region will be operating at high rates and earning comfortable margins, he says. The optimistic outlook hinges on booming investment in on-purpose propylene capacity. “We see, going forward, a much more positive environment for purchasing polypropylene,” Morales says. One of PP’s traditional advantages has been the low cost of...

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