Materials
The expansion will increase the site's annual production capacity by 40 percent, officials with Farmington, Conn.-based Polymer Resources said.
PVC compounder Manner Polymers is investing $54 million in a new manufacturing plant in Mount Vernon, Ill.
Shale gas and oil continue to give North America an advantage in plastics feedstocks, but alternative energy sources are being developed in the region and around the world.
Shell had suspended polyethylene resin and ethylene monomer production in Monaca, Pa., on March 25 but said on May 24 that it is restarting.
North American resin sales and production both posted modest gains in 2022, according to the American Chemistry Council.
Epaflex, based in Cassolnovo, Italy, has opened a sales office in Rochester, Mich.
The Philadelphia-based Clean Air Council filed the suit May 11 in U.S. District Court in Pittsburgh. The group is asking for unspecified relief.
Officials with Venator said that the bankruptcy will "equitize nearly all of the firm's funded debt, strengthen its balance sheet and facilitate an infusion of new capital."
The new line was installed at Avient's Asia regional headquarters in Shanghai. It will meet increased demand for the firm's Complet-brand and OnForce-brand composite materials.
The fire at a plastics feedstocks plant operated by Shell Chemical in Deer Park, Texas, was extinguished late on May 9, four days after it first broke out.
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