Former Spartech Corp. executive Phillip Karig has opened Mathelin Bay Associates LLC, a new firm aimed at helping plastics processors buy resin more cost-effectively.
Mathelin Bay has offices in St. Louis and Berlin. The focus of the firm “is to supply processors in North American and Europe with insightful and impartial market advice and alternatives,” Karig said in a July 22 news release.
Mathelin Bay also will provide “the essential information to make an informed purchase in the short term or to plan long-term procurement strategy,” he added. Resin supplier consolidation and more frequent and larger price increases “have reduced...