Star Plastics News
Read the latest news about Star Plastics along with industry news right here. Let us know if you have any questions.
At Star, we recognize the importance of sustainability and help make the transition to recycled content material a straightforward process.
While the economy is slowing down, demand is still solid through the end of the year due to manufacturers needing to fill the existing product pipeline and create inventory.
As we move into the second quarter of 2022, the Eastern European War has slowed the economy across Europe to a crawl, energy costs are up 5-fold, and supply for polymers and additives is difficult at best.
In March, we’re experiencing volatility on supply and pricing from the conflict in Ukraine, with impact on both regional and global markets.
Star Plastics growth continues with the installation of the first of two new twin screw extruders at its North American facilities, which will improve production rates, triple capacity, and assist in expanding their polymer portfolio.
The market really hasn’t changed — resin costs are still inflated, lead times still extended, but we’re starting to see pigments and additives becoming the key influence affecting the market.