The Energy & Water Appropriations Subcommittee report includes significant funding to support lower-carbon vehicles and to drive development of new technologies that use lightweight materials. According to Joshua Baca, vice president for plastics at the American Chemistry Council, “Lightweight plastics help automakers build safer, more fuel-efficient cars and are essential to creating our nation’s low-carbon infrastructure.” The American Chemistry Council released an article applauding the House of Representatives’ continued recognition in the important part lightweight plastics and polymer composites play in reducing carbon emissions and increasing automobile safety.

Shipping Rates Drop, Low Q4 Inventories Expected
Ocean shipping rates from China to the U.S. have fallen sharply—down as much as 68% since June—as importers take a more cautious approach in response