LLDPE stretch resin today - bounces
The Plastics Exchange
Business Trade News
Stretch film makers announce February increase (Sigma) (IPG) (Amtopp) (Berry) (Western Plastics)
Resin makers announce increase for February.
Read Letters (Chevron Phillips) (Exxon Mobil) (Dow)
U.S. Commerce Department has recommended that President Trump impose steep tariffs on foreign steel and aluminum.
For aluminum, Ross is recommending a tariff of 7.7% on imports from all countries, and a tariff of 23.6% on imports from five specific aluminum exporters, including China and Russia.
Stocks of steel and aluminum companies soared. U.S. Steel and AK Steel spiked 10%, while Alcoa rallied 3% and Century Aluminum climbed 7%.
Aluminum products maker announce price increase for June (Pactiv)
Aluminum products makers announce price increase in April (Pactiv) (Durable) (Western Plastics)
PVC film makers announce March increase. Read the letters - (Berry) (Anchor) (Pactiv) (Western Plastics)
Formosa Declares Force Majeure
Due to an unplanned shutdown, Formosa Plastics has declared Force Majeure on LLDPE resins for an undetermined duration.
Alcoa shares are tumbling in midday trading as the aluminum producer is taking it on the chin after its latest earnings release, missing on both profit and revenue. Alcoa blamed higher alumina costs for its results.
Trade News Reports
Broad-line distributors suffer significant value erosion
Amazon Business Ups Ante with Two-Day Prime. Amazon Business has announced it is launching Business Prime Shipping, a paid annual membership program for registered multi-user business customers in the United States and Germany. On the same day Grainger’s share price dropped 5.3%, Fastenal stock lost 3.6% of its value and other broad-line distributors suffered significant value erosion as well.
When they buy Uline we will see sparks fly?
Exxon Mobil Corp the world's largest publicly traded petroleum producer, posted a higher-than-expected quarterly profit today as higher crude and natural gas prices more than offset the effects of a major hurricane on U.S. operations.
Resin Business News
And so it begins – LLDPE flows
ExxonMobil Chemical Company announced today that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, part of the company's multi-billion dollar expansion project in the Baytown area and ExxonMobil's broader Growing the Gulf expansion initiative, will increase the plant's polyethylene capacity by approximately 1.3 million tons per year. The Mont Belvieu plant capacity will total more than 2.5 million tons per year, making it one of the largest polyethylene plants in the world. These performance polyethylene products will deliver significant sustainability benefits enabling lighter weight higher performance packaging, lower energy consumption and reduced emissions. A significant portion of Mont Belvieu polyethylene will be exported from the Port of Houston later this month. At peak, the site will ship more than 200 containers a day.
Stretch & Shrink Film Market in the US
A good business to be in.
Demand for stretch and shrink film is expected to grow 3.7% annually to $4.0 billion in 2021. Greater warehousing and shipping activity will drive gains for products like pallet wrap and stretch hoods, as will resin and machinery innovations that have resulted in more efficient pallet wrapping. Ongoing shifts in product packaging, such as a trend toward high quality graphics, will continue to fuel growth for stretch and shrink film products.
(Find out how to grow your stretch business in this growing market segment contact your dedicated Western Plastics representative)
Western Plastics continues to offer a range of down-gauged, high performance films designed to keep your film costs low. The expanded HYBRiD80 line of film is available in:
HYBRiD80 Banding Films
HYBRiD80 Hand and Machine Films
HYBRiD80 Wide Web Films
Extended Core Films
HYBRiD80 Engineered Films
Call us today for an alternative, high performance stretch film and improve your stretch film margins.
How Distributors play in
a volatile stretch film arena
Distributor selling activity gains momentum.
ADVICE TO DISTRIBUTION- watch inventory buys in anticipation of lower stretch prices ahead.
Buy only as needed. Think drop ships. Western Plastics offers distributors quick drop-shipping with low freight prepaid minimums
Long time custom LOGOFILM repeat order
Shipping today from Western Plastics
Freight prepaid destination
Local distributor billing
Product: Custom Printed LOGOFILM Stretch Wrap
No Western Plastics markings
LOGOFILM is also available in machine film, hand film, and stretch banding film sizes
Also available in a lower gauge
LOGOFILM is perfect for distribution centers, warehouses that require easy pallet identification, or added security for products during shipping.
And the shipment looks sharp! (See more examples)
su mercado a todo Mexico y Latino America.
Western Plastics ofrece los siguientes productos:
Fílmicos para paletizar - Manual y para Maquina (Stretch Film)
Fílmicos para comida y frutas (Vitafilm)
Aluminio para comida - (Aluminum Foil)
Película para alimentos (Supermercados)
Hojas de aluminio para tacos/burritos (Pop Ups)
Charolas de aluminio (Aluminum Pans)
International (951) 695-1983
NEW SELLING OPPORTUNITIES (More)
For best results, please use Air-Flow as follows More...
This current configuration is fast, uses much less stretch film due to its strength and the machine is dependable. We also love the technical support we get when, at a minimum, is needed.
Continue to use us as a reference for future business. We are very satisfied and would like to help out fellow wholesalers as you see fit. (Read - Free Evolution wrapper)
1. The tool was really easy to use.
2. The stretch wrap held better than the current shrink wrap we are using
3. The associates like the fact that they could walk forward instead of walking backwards which is a great safety feature.
4. The pallets were wrapped quicker due to the shrink wrap being pre-stretched so they don't lose the width of wrap
5. The associates were able to wrap taller pallets because of the tool
6. Associates did not have to bend over as much
7. Some associates were using too much wrap because they were used to using the current wrap.
Overall they like the new wrap as long as the tools are available. We had some associates that ended up using the wrap without the tool because we ran low on wrap for awhile. They said they did not like it because it would rip easier and couldn't wrap as tight. I then explained why those issues were happening and let them test it with the tool. After they tested it with the tool I got the same feedback as above.
Stretch Film User Report