1. Not only is Shell said to be looking for a buyer of its PET
business, even Eastman Chemical has been rumored to have its PET business
poised for acquisition.
2. To improve growth prospects, Eastman is expecting not only better
barrier technologies, but also "improved" color.
3. "'Single serve is just getting started,' [Eastman's Jim Lewis]
said. 'As we come up with more breakthroughs with the material we'll be
able to produce smaller carbonated-beverage bottles. The standard size
isn't in vogue.'" [...presumably 12 ounce aluminum can market]
4. Shell expects the virgin PET oversupply situation to peak mid-1999
"with the market tightening rapidly from that point forward."
____________________________________
Peter Anderson
RecycleWorlds Consulting
4513 Vernon Blvd. Ste. 15
Madison, WI 53705-4964
Phone:(608) 231-1100/Fax: (608) 233-0011
E-mail:recycle@msn.fullfeed.com