Category Archives: Exxon

An Old Dog Learns New Tricks

[This article is also posted on Plastics Today.] In our last episode, we learned that after deciding to search for a supplier to provide polypropylene at the new resins pricing, Poly Wise switched from defense to offense on profits, telling … Continue reading

Posted in competitors, crude oil, customers, employees, Exxon, Futures, new resins prices, polypropylene, profit margin

Resins Prices: A New Paradigm

[This article is also posted on Plastics Today.] Earlier, I recommended CME replace its moribund resins futures contracts with spread contracts against crude oil futures. Crude oil prices drive resins prices (see discussion on my website, and here and here in Price … Continue reading

Posted in commodity prices, crude oil, Exxon, Futures, hedging instruments, new resins prices, plastics manufacturers, profit margin

Pricing Choices by Resins Suppliers

Profits, Sales, and Happy Processors [This article is also posted on Plastics Today.] “Your focus has been on processors. What about resins suppliers? Can we use hedging tools to offer pricing choices to our customers [processors]?” Anonymous Supplier Response: Yes, … Continue reading

Posted in crude oil, customers, Energy prices, ETFs, ethylene, Exxon, Futures, hedging instruments, natural gas, Options, pricing choices, profit margin, Strategies

Crude Oil Drives Resins Prices — Exxon “says” so

Money and advertising speak loudest … Exxon Fuels a Chemicals Drive (WSJ, 1-June-11) “Exxon Mobil Corp. is nearing completion of one of the biggest projects in its corporate history—a giant expansion of a petrochemical facility in Singapore. Exxon built the Singapore … Continue reading

Posted in crude oil, Exxon, manufacturing, Strategies | Tagged , , ,