This week’s issue of Plastics News features trends in resin distribution with Senior Reporter Frank Esposito writing: “The only thing that’s certain for resin distributors in mid-2023 is uncertainty.”
Also on on the front page, Senior Reporter Jim Johnson tackled Berry Global Group’s latest quarterly earnings call where the company revealed it has closed 20 facilities, but remained tight-lipped when it comes to details of most of the closures.
And Assistant Managing Editor Steve Toloken wrote a breakdown of where the United States stands in the United Nations’ pursuit of a global plastics treaty.
Coming up this week is this month’s Polymer Points Live is Tuesday, August 15 at 2 p.m. Eastern time. Frank will discuss the market issues and explain the resources at play.
Elsewhere this week
- A federal judge has dismissed most of the lawsuits the Plastics Industry Association and former CEO Tony Radoszewski filed against each other after he was fired in 2022, saying that neither side would likely come out of a trial “looking good.”
- A new study by Dutch researches says plastics pollution in oceans may not be settled as deep as previously thought, writes newcomer to our sister publication Sustainable Plastics Beatriz Santos.
- Prices for post-industrial polypropylene pellets in North America have dropped within the last three months, PN reporter Bridget Janis writes. Find out more in this week’s Material Insights.
- Sealed Air Corp. is going by a new corporate brand name, but the packaging company posted lower net sales and profit for the second quarter and will embark on a new cost-cutting program.
- Speaking of cutting costs, Newell Brands will start cutting jobs and closing operations as a part of a restructuring plan.
- PFAS are facing another round of regulatory and legislative activity, courtesy of Rubber News editor Bruce Meyer.
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