North American resin distribution for 2016

North American resin distribution for 2016

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We are now into Q3 of 2016, and the distribution of North American resin is definitely a mixed bag.

Third-party sales of polyethylene and polypropylene — the region’s most widely-used commodity resins — are now only growing slightly. However, some executives at some firms are seeing more positive results.

“We just finished 10 months of our fiscal year, and we’ve already sold more than we did in fiscal 2015,” said Ed Holland, president and CEO of M. Holland Co. in Northbrook, Ill. “And that doesn’t even include Latin America and Puerto Rico. Our organic growth has been double-digit and broad-based.

“Some of the moves we’ve made in the last three to five years are paying off,” he added. “We’ve brought in new people and new product lines.”

Read full article here.