• Industry News

      The U.S. Plastics Industry in 2022 in Seven Charts

      The U.S. plastics industry continued to grow in 2022 against the backdrop of weaker domestic and global economic growth. All told, demand for plastics and plastic products stayed stable in 2022.
    • Future Leaders

      A Different Kind of Cable Guy

      Joe Maglich works with wire and cable customers to identify ways of adding value, growing businesses and solving problems. “I find real joy in solving technical problems,” Joe said, “and simultaneously building relationships with the intelligent, friendly and down-to-earth colleagues and customers you find in the plastics industry.”
    • Industry News

      Federal Reserve Signals Further Monetary Policy Tightening

      The Federal Reserve raised the economy’s benchmark interest rate by 50 basis points (bps) at the Federal Open Market Committee’s final meeting in December of this year. The move takes the federal funds rate to a 4.25% to 4.50% target range, which means the U.S. prime rate is now 7.5%.
    • Sustainability

      Plastic Recycling Week Shares Innovations & Achievements

      November 14 through 18 of 2022 marked the first official Plastic Recycling Week social media campaign to provide education about the current rate of plastic recycling and the efforts being made to increase it. PLASTICS' Recycling Committee identified 5 main topic areas to post about, rallying plastic equipment and material suppliers, processors, brands, and consumers to share what they are currently doing to help achieve progress in plastic recycling. 
    • Industry News

      U.S. Plastics Trade with Latin America Under Free Trade Agreements: Strong Rebound

      The proximity of the U.S. and Latin America comes with tremendous trade opportunities among countries in this region. Moreover, the U.S. has free trade agreements (FTAs) with 11 countries in Latin America. While trade between the U.S. and Latin America has been growing, COVID-19 caused trade to decrease from 2019 to 2020 as countries locked down.
    • Sustainability

      Operation Clean Sweep: Growing Larger and Stronger

      Operation Clean Sweep (OCS) is an initiative founded by PLASTICS to empower companies committed to zero resin loss in operations and provide those companies with resources to support secure management of plastic resin. The program is operated by PLASTICS in partnership with the American Chemistry Council’s (ACC) Plastics Division. The industry-led program gathered its OCSblue members in Houston on November 2nd, 2022 to chart the program’s expansion through 2023 and beyond.
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