---
title: A Multitude of Factors Continue to Affect the Plastics Resin Market
description: Read on to learn about the factors that affect the plastics resin market, including rising oil and feedstock prices.
image: https://blog.unitedpolysystems.com/hubfs/Carbon%20Black%20color%20resin.jpeg
---

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# A Multitude of Factors Continue to Affect the Plastics Resin Market

By Logan Bridges

![](https://blog.unitedpolysystems.com/hubfs/Carbon%20Black%20color%20resin.jpeg)

Rising feedstock prices are the latest factor to impact the plastics resin market, [according to a recent article by the Plastics Pipe Institute](https://www.plasticsnews.com/news/resin-prices-feedstock-costs-increase). Resin feedstock prices increased in February, largely in response to increased oil and natural gas prices. Oil prices have increased nearly 30% as a result of Russia’s attack on Ukraine last month. 

The current Ukrainian conflict in Eastern Europe combined with the recent spikes in oil, feedstock and resin prices could potentially set the stage for a resin supply shortage. Lack of imports, additive material shortages, and supply chain/shipping/logistics challenges further complicate the situation. There is also the potential for an increased demand for American exports of oil and other commodities across Europe as the ongoing crisis affects supply chains throughout the region.

Many commodity and engineering resin manufacturers are still on allocation to meet production backlogs. Relief may come later in 2022 when new capacity comes online at Inter Pipeline Ltd.’s Heartland Petrochemical Complex in Alberta, Canada, and the ExxonMobil Chemical’s plant in Baton Rouge, Louisiana. Together, the two facilities will add approximately 2 billion pounds of resin production capacity.

Here at United Poly, our supplier partnerships allow us to provide faster response and service to our customers. Continuous and effective communication is our priority. In the essential industries that we serve, we know that every moment matters.

 

 Tags: [General News](https://blog.unitedpolysystems.com/blog/tag/general-news), [HDPE resin](https://blog.unitedpolysystems.com/blog/tag/hdpe-resin)

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## About Us

Atkore - United Poly Systems produces quality HDPE pipe in diameters from ¾-in. to 26-in. IPS, 4-in. to 24-in. DIPS and ¾-in. to 2-in. CTS, for use in many industries including power and communications and energy.

Atkore - United Poly Systems can provide quick delivery to a majority of the U.S. market from one of our nationwide manufacturing facilities. Our agile business model allows us to quickly meet customers’ needs without the overhead expenses that are incurred by many of the larger producers in the industry. 

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