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Tuesday, 28-Jul-09

Austria offers a model for industry cooperation


Pamminger
CHICAGO (July 28, 2009) -- Effective cooperation can help spur an industrial sector’s competitiveness. Just ask Austria. Eleven years ago that small Western European nation created a Kunststoff-Cluster, or plastics cluster, that today could be considered a case study in how both industry and government, and companies within a specific industry sector, can work together toward common objectives.

Polyplex sees film growth in China, SE Asia


Bajaj
SHANGHAI (July 28, 2009) -- Since Noida, India-based Polyplex Group started in 1984, the company has had its eye on global expansion. Over the years it has expanded with film manufacturing facilities in Thailand and Turkey. Now, with a new office in Shenzhen and a booth at the 2009 Propack China trade show in Shanghai, the PET film company is tapping into a new market.

Chinese firms see uptick in business
GUANGZHOU (July 28, 2009) -- While manufacturers around the world search for signs of economic recovery, China’s domestic plastics industry appears to be picking up steam, spurred on by the government’s large infrastructure stimulus spending. Several leading plastics firms say their domestic business is returning to levels before the crisis.

Value-added water may boost PET bottle market
DUIVEN, NETHERLANDS (July 28, 2009) -- Innovative value-added and flavored water products may help boost the flagging water market, opening up new opportunities for PET resin and bottle suppliers, suggests a report by Duiven-based Innova Market Insights BV.

Merquinsa bioplastics used in shoes, goggles
CHICAGO (July 28, 2009) -- Thermoplastic polyurethane make Merquinsa of Barcelona, Spain has placed its new renewably sourced materials in running shoes and ski goggles.

Sipa to launch its first integrated bottling line
VITTORIO VENETO, ITALY (July 28, 2009) -- Sipa will launch the Sincro Triblco bottler, which integrates bottle production, labelling, filling and sealing, at the Drinktec trade show later this year in Germany. Sipa claims that the new bottler offers advantages over other machines on the market, as it can be set to handle different bottle sizes without the need to change any mechanical element.

US water brand adopts “biodegradable” PET
DANA POINT, CALIF. (July 28, 2009) -- Californian mineral water bottler Aquamantra has adopted Eco-Pure modified PET resin for its bottles, which is claimed to provide biodegradability without compromising conventional mechanical recycling activities.

Tuesday, 21-Jul-09

Snappy innovation for plastics packaging
OYONNAX, FRANCE (July 21, 2009) -- The breakage-resistant property of plastics is an advantage in most applications but not in production of ampoules, which are opened by snapping away the neck. Now, the French plastic processor Sériplast has developed a technology that uses irradiation to embrittle the neck of a polypropylene (PP) ampoule, allowing it to be "snapped" open without the risk of sharp glass splinters.

UK manufacturers better placed for growth than US firms
LONDON (July 21, 2009) -- The relative smaller size of the UK’s manufacturing firms compared to the giants of China, the US and elsewhere has made them more able to adapt quickly to the changing environment, according to a recent study by business consultancy McKinney Rogers.

Global additives market set to grow
WELLESLEY, MASS. (July 21, 2009) -- BCC Research is predicting growth for the global plastics additives market despite the current tough economic conditions. This resilience stems from the culmination of lengthy restructuring within the industry. The consultancy forecasts a compound annual growth rate of 4.1 percent over the next five years, which will increase the market size to $45.8 billion in 2014.

Sabic gets Chinese approval for Sinopec joint venture
BEIJING (July 21, 2009) Sabic has received approval from the Chinese National Development and Reform Commission (NDRC) to jointly participate with China Petroleum & Chemical Corporation (Sinopec) in the petrochemical complex under construction in Tianjin, China. The development is expected to be completed in September 2009 with investments of around $3 billion.

SPI cuts 11 staffers amid downturn
WASHINGTON (July 21, 2009) -- Stung by several economic realities, the Society of the Plastics Industry (SPI) is cutting staff, folding its business units into its three industry councils and retrenching to focus on public policy issues, communications and marketing, and trade shows and conferences.

Nissei adds nanomaterials to its stable
CHICAGO (July 21, 2009) -- Nanotechnology is one of the hottest areas of the plastics industry today. Injection press maker Nissei Plastic Industrial Co. Ltd. has taken it a step farther — by compounding its own carbon nanotubes.

LME takes plastics off trading floor
LONDON (July 21, 2009) -- The London Metal Exchange has reported better-than-expected half-year trading volumes, but plastics is coming off the trading floor at the start of 2010 with trading to continue via telephone and through the exchange’s online system called LMESelect.

Global materials deals poised for uptick
AKRON, OHIO (July 21, 2009) -- The mergers and acquisitions market for plastic materials stumbled through the first half of 2009, when a number of big deals closed under less-than-ideal circumstances. But global M&A activity could rebound in the year’s second half.

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