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PP is has a wide variety of uses and has a presence in several markets including food, pet, do-it-yourself and outdoor furniture. In the packaging market (films), PP boasts a cost efficient advantage over polyvinylidene chloride (PVdC)-coated films. According to Toray Plastics America Inc, using PP over PVdC can save as much as 10% to 25%. Market and economic conditions have a strong influence on the price of PP. Spikes in Crude Oil costs as well as short supply during high demand.
b. Individual Product Pricing Component
"Applied Extrusion Technologies, Inc. (AET) is North America's leading developer and manufacturer of highly specialized plastic films used for flexible packaging, product labeling, consumer packaging and graphic media applications" (AET Films, 2005)...
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