Page 60 - Plastics News February 2026
P. 60

PRODUCT NEWS








          manufactured in the United States with a se-          economic growth in Northeast Ohio.
          cure supply chain from allied nations, reduc-
          ing dependence  on foreign supply chains.             The Greater Akron Polymer Innovation Hub,
          These purpose-built nanolayered solutions en-         supported by a $31.3M award from the State of
          able  breakthroughs  across  critical  industries  —   Ohio and $10.4M in local matching funds, invests
          strengthening American energy independence,           in polymer pilot facility, industry driven R&D,
          leadership, and national security.                    startup support, and workforce development,
                                                                with a focus on ensuring circularity of chemi-
          The Polymer Industry Cluster (PIC) is an indus-       cals, plastics, and elastomers. It aims to position
          try driven consortium powered by the Greater          the region as a national leader powering strong,
          Akron Chamber that addresses shared polymer           sustainable growth, supply chain resilience, and
          challenges requiring collaborative action and         world-class innovation in sustainable polymers
          open innovation. With more than 50 member or-         and advanced materials.
          ganizations across the polymer value chain, the                        Source - https://www.plasticstoday.com
          PIC is working to drive collective problem-solv-
          ing along with talent attraction, job creation, and


          RECYCLED RESIN MARKETS BEGIN YEAR

          WITH CAUTIOUS OPTIMISM



                                                                his observations with PlasticsToday.

                                                                Recycled PET

                                                                US demand for recycled polyethylene tereph-
                                                                thalate (rPET) remains steady, but it is expected
                                                                to strengthen as seasonal trends drive renewed
                                                                buying interest, according to Fisher. “Excess in-
                                                                ventories from Q4 have largely been cleared,
                                                                which should further support increased purchas-
                                                                ing activity in the near term,” said Fisher.
                  ow that excess Q4 inventories have
                  been cleared, ICIS analyst expects to         US PET bale prices are steady, with ample sup-
          Nsee a slight increase in volumes, but                ply to meet current demand levels. Some bale
          there are some caveats.                               suppliers reported a noticeable uptick in inquir-

                                                                ies  at the  start  of the  year,  signaling  potential
          Demand for recycled resin is relatively stable        demand improvement, added Fisher.
          across the board, with pricing structures follow-
          ing suit. There are some nuances, however, ac-        Spot rPET domestic flake pricing is stable, while
          cording to Craig Fisher, senior recycled plastics     imported flake volumes remain present but
          editor at market intelligence firm ICIS. He shared    somewhat  limited,  as tariff costs  and competi-
             60   PLASTICS NEWS                                                                     February 2026
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