Tuesday, 16-Jun-09

China revises Albemarle’s global balance

Sun

GUANGZHOU (June 16, 2009) -- Breakthrough growth in China, combined with a downturn in other regions, is making the Chinese market more important than ever on Albemarle Corp.’s global roadmap. Sales generated in China will make up for nearly a quarter of the U.S.-based company’s 2009 global sales, a substantial jump from 5 percent in 2008, according to John Sun, Greater China managing director. During a recent interview at the Cross-Strait Plastics Industry Summit 2009 in Guangzhou, he told Plastics News that the breakthrough’s relatively short time period was made possible partly by supplying polymer curative to China’s government-funded, high-speed railway projects.

Lanxess buys Chinese TMP maker Jiangsu Polyols
SHANGHAI (June 16, 2009) -- Speciality chemicals group Lanxess AG has bought China-based Jiangsu Polyols Chemical Co. Ltd., a maker of polyols including trimethylolpropane (TMP), located in Liyang, west of Shanghai.

Monday, 08-Jun-09

Engel chief reveals depth of crisis for the press maker
ST. VALENTIN, AUSTRIA (June 9, 2009) -- Engel Holding GmbH Chief Executive Officer Peter Neumann painted a bleak picture of the current injection molding machine market at a May 28 company technical symposium in St. Valentin.

Sichuan reconstruction craves building materials

Building materials on display

GUANGHZOU (June 9, 2009) -- The demand for plastic products created by post-earthquake reconstruction projects in Sichuan province can be measured by these goals: In the next three years, the province plans to rebuild 51,000 kilometers of road, 5,500 kilometers of railroad lines, 17,000 schools, 9,700 medical facilities, 5,300 kilometers of gas pipeline, and 6,970 kilometers of water supply pipeline. In addition to the 1.7 trillion yuan reconstruction projects, the provincial government will invest 3 trillion yuan on industrial development.

Public projects boost China’s wood-plastic industry

Wood-plastic composite products

GUANGZHOU (June 9, 2009) -- Despite the decline of overseas markets, China’s largely export-oriented wood-plastic composite manufacturers continue to expand, thanks to demand from domestic public projects such as post-earthquake reconstruction and China-hosted international events. For instance, Anhui Guofeng Wood-plastic Science & Technology Co. Ltd. confirmed that export demand has been contracting due to the global economic crisis. Meantime, domestic consumers have become more aware of wood-plastic composite materials.

Hisun Biomaterials improves PLA heat resistance

Liang

GUANGZHOU (June 9, 2009) -- Bioplastic maker Zhejiang Hisun Biomaterials Co. Ltd. debuted at the Chinaplas show a new grade of polylactic acid (PLA) resin with heat resistance up to 80° C. With special molding techniques, the PLA can even resist temperatures up to 100° C. “We made the improvement in the first quarter,” said Liang Wei, technical director of processing. “We understand that last year, a global industry leader in the U.S. raised PLA’s heat-resistance properties to up to [90° C].”

Joyatech benefits from China’s design push

Liao

XIAMEN, FUJIAN (June 9, 2009) -- Even with all the focus on upgrading its industrial design capabilities, China remains a very different environment for design firms than in the West and other developed economies. Or at least that’s how Liao Ke, the head of design firm Xiamen Joyatech Co. Ltd., sees it. The conventional wisdom is that design can help some of the country’s struggling manufacturers develop more of their own products and move up the value chain, into higher-profit products.

ACS Group unveils global tactics, auxiliary equipment
NEW BERLIN, WISCONSIN (June 9, 2009) -- ACS Group officials said decisions made over the past eight years to invest in international sourcing and expand into new markets have strengthened the auxiliary equipment company to face plummeting North American demand. “It’s been a very, very difficult market,” said Thomas Breslin, president and chief executive officer.

DSM, Mitsubishi swap engineering polymer businesses
HEERLEN, NETHERLANDS (June 9, 2009) -- DSM NV plans to exchange its Xantar polycarbonate business for the nylon operations of Mitsubishi Chemical Corp. in a deal that is scheduled to close by year-end, subject to approvals by external bodies and works councils. Each business involved in the deal has annual sales of about 90 million euros.

Sumitomo Demag dubs German plant all-electric hub
SCHWAIG, GERMANY (June 9, 2009) -- Sumitomo (SHI) Demag Plastics Machinery GmbH plans to turn its plant in Wiehe, Germany, into a major manufacturing base for all-electric injection molding machines, the company announced. The project is part of a larger investment in its Wiehe and Schwaig, Germany, plants.

Tuesday, 02-Jun-09

China trade group reports on drop in plastic bag use
BEIJING (June 2, 2009) -- One year after China enacted a sweeping law limiting plastic bag use, a Chinese trade association is saying the country’s supermarkets have cut bag use by a large margin, about 66 percent, or by about 40 billion bags a year. But the impact has not been as great in other parts of China’s retail chain.

Monday, 01-Jun-09

Amid global slump, Rhodia debuts nylon at Chinaplas
GUANGZHOU (June 2, 2009) -- At a news conference held during Chinaplas, Rhodia Polyamide introduced a new nylon 6/6 technology aimed at applications requiring strength and durability -- a move that fits in with the company’s revised strategy in the face of the financial crisis.

Clariant China puts focus on domestic firms
GUANGZHOU (June 2, 2009) -- With China’s export market shrinking, Clariant (China) Ltd. has felt a squeeze on its business. To counter the effect, Clariant is focused on getting to know its domestic Chinese customers better -- offering environmentally friendly products and exploring new markets as it goes.

Wittmann Battenfeld unveils products at Chinaplas
GUANGZHOU (June 2, 2009) -- Wittmann Battenfeld arrived at Chinaplas with new products and the largest booth in the history of the firm’s participation in the show.

Sabic slates Shanghai tech center for 2010
GUANGZHOU (June 2, 2009) -- Sabic Innovative Plastics LP is moving ahead with its plans to establish a new technology center in Shanghai, expected to be ready by the end of next year. The new facility also will serve as the Asia-Pacific headquarters for U.S.-based Sabic Innovative Plastics.

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