Roundup: Cost of Plastics / Haynesville Shale / Tulane Health Report

Roundup: Cost of plastics / Haynesville Shale / Tulane health report

Ripple effect: Higher plastics and petrochemical costs are expected to raise prices across a range of consumer goods. Industries that depend heavily on these materials, including food packaging and auto manufacturing, may pass higher costs on to consumers. This could add to inflation and push up prices for everyday purchases. Bloomberg has the full story. Expanding operations: Natural gas producers in Louisiana’s Haynesville Shale are expanding …

Higher costs for plastics used everywhere are becoming next inflation headache

United States plastic suppliers say they are running out of room to absorb high costs of raw materials , raising the prospect of price increases for consumer goods ranging from groceries to cars later this year. A gauge of wholesale prices of plastic resins and materials jumped by 14 per cent to an almost four-year high last month as the Iran war choked off supplies of key components. For producers like Shawn Gross, whose Corry, Pennsylvania-bas…