NatureWorks denies Thai bioplastics joint venture plan
BANGKOK, THAILAND (July 1, 2008) -- Polylactic acid (PLA) polymer manufacturer NatureWorks LLC has denied a June 20 newspaper report that it has plans, or is involved in an evaluation study, to
establish a manufacturing joint venture in Thailand with Bangkok-based Charoen Pokphand Group (CP Group).
Idemitsu opening its 1st Chinese compounding facility
GUANGZHOU (July 1, 2008) -- Japanese plastics maker Idemitsu Kosan Co. plans to open a compounding plant in Guangzhou targeting South China’s automotive and electronics component manufacturers, with
plans to double capacity in 2011. The facility will mix glass fibers with its polycarbonate, syndiotactic polystyrene and polyphenylene sulfide resins.
Engel putting its energy into all-electric presses
 Braig
Asian petrochemical prosperity under threat, report finds
SINGAPORE (July 1, 2008) -- New petrochemical production from the Middle East and the weakening global economy is likely to upset the prosperity of the Asian petrochemical sector, which until now had
been booming led by China’s strong regional demand. “There are growing fears that the Asian petrochemical industry could suffer a long and lasting trough by the end of the decade,”
cautioned a Taiwan report presented at the Asia Petrochemical Industry conference in Singapore.
Petro Rabigh to supply PE, PP to Asian regions
 Khoo
Thai auto supplier Aapico Hitech venturing into plastics
 Yeap
Opinion: Design center gala full of surprises
 Grace
Russia’s plastics growth boon for additives suppliers
 Stott
Turkey in a position to become major EU plastics player
 Demirci
LyondellBasell to boost PP compounding capacity
ROTTERDAM, NETHERLANDS (June 24, 2008) -- LyondellBasell Industries AF SCA is looking to build on its recent growth in polypropylene (PP) compounding, which it has done in part through acquisition,
with a boost to its global production capacity. The Rotterdam-based company said it plans to expand PP compounding capacity 30 percent a year by the end of 2009.
CCL Industries adding label capacity in Asia
TORONTO, ONTARIO (June 24, 2008) -- CCL Industries Inc. will try to capitalize on five years of solid Asian sales with the expansion of its CCL Label operations during 2008 and 2009. The Toronto-based
packaging supplier will build four new plants in China, India, Thailand and Vietnam and will expand facilities in China and Japan. CCL Industries employs about 5,400 and has 55 production facilities
in the Americas, Asia and Europe. CCL Label’s products are sold to the packaging, health-care and consumer goods markets.
Linpac packaging unit opens Chinese PVC film plant
CHANGZHOU, JIANGSU (June 24, 2008) -- Linpac Group’s packaging division has opened its first plant in China, to make PVC stretch film for food packaging in Changzhou. The 20,000-square-meter facility
opened this month with room to expand. The company said it sent two teams of Chinese employees to its stretch film plant in France for training, ahead of the opening.
Indian infrastructure investments should aid plastics
LAS VEGAS, NEVADA (June 24, 2008) -- Improvements to India’s roadways and power and water supplies should provide a boost to an already fast-growing plastics sector. More than 3 trillion yuan in
spending already is underway by the Indian government, said Sanjay Moolji, general manager of exports, for plastics and energy powerhouse Reliance Industries of Mumbai, India. good news for India’s
plastics processors, who are adding capacity at a rate of 8 percent per year.
Impact of Middle East resin deluge uncertain
 Hogan
Reliance exec talks about China’s future with PP
 Naik
Young Chinese auto design houses win new contracts
BEIJING (June 24, 2008) -- With quick service and low prices, Chinese auto design companies are providing strong competition for their European rivals. A good example is Shanghai-based TJ Innova
Engineering & Technology Co., which has the largest team of engineers among domestic auto design companies. At present, 900 of its 1,300 engineers are now stationed in its clients´ plants.
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