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Economic Considerations Using Recycled Resins for Automotive Applications
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Economic Considerations Using Recycled Resins for Automotive Applications. Wellman Recycling Conference May 24, 2004 Wayne Gjerde. Buying Considerations. Performance Quality Availability Price Other. Pricing. Natural Gas Pricing Trends Crude Oil Pricing Trends
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Economic Considerations Using Recycled Resins for Automotive Applications
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Economic Considerations Using Recycled Resins for Automotive Applications Wellman Recycling Conference May 24, 2004 Wayne Gjerde
Buying Considerations • Performance • Quality • Availability • Price • Other
Pricing • Natural Gas Pricing Trends • Crude Oil Pricing Trends • Recycled Material Pricing Trends
Natural Gas Trends • Higher Prices Expected to Stay • Production from Conventional Sources has Peaked in Lower 48 State. • Increased Production from Unconventional Sources. • New Demand Coming from Electric Power Plants • Net Imports of LNG to Grow.
Crude Oil Trends • No New Refinery Capacity built in last 20 Years • Excess Worldwide Pumping Capacity Low • China’s Rapid Growth Is Matching or exceeding Growth in Pumping Capacity • Lower 48 Crude Production Declining
Recycled Resin Trends • Not as Dependent on Crude Oil or Natural Gas prices. • Opportunity for Long Term Price Stability • 4.6 Billion Pounds of Carpet Made of Nylon and PP Available for Recapture Back into Resin
Availability Wellman, Inc Contact your local Wellman Representive Invista/Dupont 770-420-7804
Environmental Considerations • Easy Way to Fulfill Corporate Pledges to use Recycled Materials