Tuesday, 18-Aug-09

Nasdaq-listed ShengdaTech expanding additive plant
SHANGHAI (August 18, 2009) -- Growing demand in China’s construction and auto markets is causing plastic and rubber additive maker ShengdaTech Inc. to open a new facility this month in Zibo, Shandong province.

US machinery major Milacron cuts 130 jobs
BATAVIA, OHIO (August 18, 2009) -- Milacron Inc. announced it plans to cut 130 positions across its North American businesses — about 10 percent of its workforce. Meanwhile, the Batavia-based plastics machinery maker company awaits a sale that will bring it out of Chapter 11 bankruptcy.

Plastics used in winning designs
DULLES, VA. (August 18, 2009) -- The use of polymer resins helped numerous products — including advanced medical devices, double-color injection molded consumer electronics and an amphibious sport plane — win 2009 International Design Excellence Awards.

Sabic signs $1 billion joint venture with Mitsubishi Rayon
RIYADH, SAUDI ARABIA (August 18, 2009) -- Saudi Basic Industries Corp. and Mitsubishi Rayon Co. Ltd. have signed a letter on intent to establish a $1 billion 50/50 joint venture in Saudi Arabia that will include technology, marketing and feedstock supply.

Dow, Siam Cement reinforce plans for Thai elastomer plant
BANGKOK (August 18, 2009) -- The drop in global chemicals demand will not slow a specialty elastomer plant in Thailand planned by a joint venture of Dow Chemical Co. and Siam Cement Group. The world-scale facility, in the Asia Industrial Estate in Rayong province, will come on stream in 2011 as planned.

Singapore's Sunningdale reports cautious optimism
SINGAPORE (Aug 18, 2009) -- Sunningdale Tech Ltd said it faces a challenging business environment for the rest of this year though there are signs that the global economic crisis may be bottoming out. The Singapore-based injection molder and tooling supplier said it remains cautious for the rest of the year.

Opinion: Ambassador Huntsman to rediscover China

Toloken

A face familiar to the plastics industry has become the face of the U.S. government in China. Jon Huntsman Jr., a member of the family that owns part of The Woodlands, Texas-based chemical and plastics supplier Huntsman Corp., arrives in Beijing this month as the new U.S. ambassador. Plastics News staff reporter and Asia bureau chief Steve Toloken wonders what the ambassador sees today as the next phase in the U.S.-China manufacturing relationship.

Univation building catalyst plant in China
ZHANGJIAGANG (August 18, 2009) -- Univation Technologies LLC is building a new polyethylene catalyst manufacturing facility in China with a scheduled 2011 start-up. The factory, with expansion capability, is located in Zhangjiagang, Jiangsu province.

BASF delays China MDI plant as market declines
LUDWIGSHAFEN, GERMANY (August 18, 2009) -- Global chemical giant BASF SE is delaying the construction of an MDI (methylene diphenyl diisocyanate) plant in Chongqing, China, and has not yet received the final go-ahead from Chinese authorities.

Tuesday, 11-Aug-09

Auto suppliers urged to enter alternative energy markets
TRAVERSE CITY, MICH. (August 11, 2009) -- NextEnergy, a Detroit-based non-profit company focused on accelerating investments in wind, solar, battery and other new markets, sends one message to auto suppliers: Stop making so many auto parts. There are other business opportunities out there that require the same skills as auto parts, but instead call for producing parts for emerging energy markets.

German machinery exec doesn't expect sharp upswing

Kühmann

CHICAGO (August 11, 2009) -- German-made plastics machinery was booming in 2007 and stayed strong up until the fourth quarter of 2008. But German engineering federation VDMA expects German plastics machinery to drop about 40 percent for all of 2009, from 2008 levels, measured in euro value.

Gas-assist suit against ADAC dismissed
DETROIT (August 11, 2009) -- A court dismissal has ended a gas-assisted molding patent infringement lawsuit filed earlier this year by two affiliates of Gain Technologies Inc. against automotive molder ADAC Plastics Inc.

Braskem invests in renewable propylene
SAO PAULO, BRAZIL (August 11, 2009) -- Brazilian petrochemicals company Braskem SA is investing 8.25 million Real (31 million yuan) in research into polypropylene made from 100 percent renewable materials. The research, which will explore ways of manufacturing propylene, is being partly funded by Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP), says Braskem director of innovation and technology Antonio Queiroz.

Lithium-ion infrastructure moving ahead
TRAVERSE CITY, MICH. (August 11, 2009) -- With more electric vehicles set to come on line, and the U.S. government parceling out $2.4 billion in grants for next-generation electric vehicles, the next phase in lithium-ion battery production is getting ready to move from Asia.

After cash-for-clunkers, auto suppliers ramp up output
DETROIT (August 11, 2009) -- Auto suppliers are ramping up production in line with automakers' push to rebuild dealership inventories that have been depleted by widespread production shutdowns this summer and the cash-for-clunkers program.

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