The Resin Report

For resin manufacturers, the past few years have been extremely challenging. Dramatic raw material price increases were driven by higher crude oil prices, and even when oil prices dropped, feedstock prices remained higher due to demand. The sharp economic downturn in the latter part of 2008 added greater uncertainty to the market, as customers worked their way through inventory and overall demand declined. Meanwhile, heightened interest in “green” products drove interest in environmentally fri...