Plastic Going Up in Price

We’ve gotten accustomed to plastic being cheap. So accustomed, that we’re now hopelessly addicted to it – we’d be hard-pressed to live without it at this point. But, all things come to an end, and the age of cheap plastic may be going out with the age of cheap oil. Of course, that’s because plastic is made from petroleum, which has gotten very expensive as of late.

From Green Car Congress:

Mitsubishi Chemical Corp., Mitsui Chemicals Inc. and Sumitomo Chemical Co. have raised the price of polyethylene, the most common synthetic resin, by 17% to levels not seen for the past 25 years. The price hike is blamed on soaring prices of naptha, a key raw material refined from crude oil.

Domestic synthetic resin prices are now at their highest level since 1983, when the market was dealing from the fallout of the second oil shock.

Meanwhile, the price of polypropylene, which is used in candy packaging and clothing storage products, was lifted around 37-40 yen per kilogram, or 18%. And polystyrene prices were raised 7-9%, or 15-20 yen per kilogram. The plastic is used in food containers.

Okay, so – plastic is polluting, has negative effects on the health of humans and animals, is made from oil – and now it’s expensive? Sounds like as good a time as any to start trying to wean ourselves off of it as much as possible. We may never stop using plastic entirely, but we can cut back our personal consumption of products packaged in plastic as much as possible.

Link [Green Car Congress]
Photo credit: Flickr user Meg and Rahul

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