Friday, 05-Mar-10

US studies runaway complaints in 'repaired' Toyotas
WASHINGTON (March 5, 2010) -- U.S. regulators are investigating 10 recent cases in which owners of recalled Toyota vehicles say they brought their cars in for repair and yet still experienced unintended acceleration.

Celgard expands battery membrane production in S. Korea
CHARLOTTE, N.C. (March 5, 2010) -- Lithium-ion battery membrane maker Celgard LLC is investing $30 million (204. 8 million yuan) to expand production in South Korea.

Processors lobby European Union for support
BRUSSELS, BELGIUM (March 5, 2010) -- EuPC, the Brussels-based trade body for plastics processors, has urged European Union legislators to “get policy on plastics right; otherwise there will be widespread damaging effects on user and supply industries.”

Thursday, 04-Mar-10

Two Thai petrochemical projects allowed to proceed
BANGKOK (March 4, 2010) -- Petroleum Authority of Thailand plc said the Supreme Administrative Court has allowed construction to proceed at two of its projects in the Map Ta Phu industrial zone, but 15 others were still suspended.

Monday, 01-Mar-10

Innovative materials open door to medical markets

Tritan copolyester

ANAHEIM, CALIF. (March 1, 2010) — With hospitals and device makers looking for ways to cut costs and reduce risks while improving their environmental footprint, materials companies flooded the Medical Design & Manufacturing West show with innovations.

Sunday, 28-Feb-10

Chinese PP recycler filing IPO in Australia
QUANZHOU, CHINA (February 28, 2010) -- One of China’s largest makers of polypropylene filament yarns wants to use a stock offering in Australia to expand its business using recycled PP feedstock, believing a focus on green materials gives a cost advantage and better meets rising demand for eco-products.

FBI searches US headquarters of Japanese auto suppliers
DETROIT (February 28, 2010) -- The Detroit-area headquarters of three Japan-based automotive suppliers were searched by FBI agents Tuesday in connection with an international anti-trust investigation.

Compounder Ngai Hing Hong reports modest profit
HONG KONG (February 28, 2010) -- Growth in China’s economy allowed Hong Kong-based compounder Ngai Hing Hong Co. Ltd. to turn around losses and show a modest profit in the second half of 2009, even as overall sales fell.

Nissei moves China office to Taicang
TAICANG, CHINA (February 28, 2010) -- Japanese injection press maker Nissei Plastic Industrial Co. Ltd. is establishing a sales and service office in Taicang, Jiangsu province, and closing its branch sales office in Shanghai.

Friday, 26-Feb-10

Korea comes to the aid of Uzbek petrochemicals industry
SOUL, SOUTH KOREA (February 26, 2010) -- South Korea has agreed to assist the former Soviet state of Uzbekistan to develop its petrochemicals industry through a bilateral investment deal.

Italian machinery sales fall but future looks brighter
LONDON (February 26, 2010) Italian machinery exports were hit badly by the global downturn, but Assocomoplast said its 50 member companies exhibiting at Chinaplas in April are hopeful that the fair will lead to a “confirmation of the resumption of supplies to that country”.

Profit surges at Titan Chemicals
KUALA LUMPUR, MALAYSIA (February 26, 2010) -- Titan Chemicals Corp said its after-tax profit surged to RM537.8 million (1.1 billion yuan) last year, recovering from a loss of RM270.3 million (542.7 million yuan) a year ago.

Sunningdale reports profit thanks to geographical diversity
SINGAPORE (February 26, 2010) -- Sunningdale Tech Ltd. has returned to profit last year, saying its markets in Japan, Europe and South Korea had offset the drop in sales from the North American automotive industry.

Wednesday, 24-Feb-10

Indian firm buying Chemtura's PVC additives business
MIDDLEBURY, CONN. (February 24, 2010) — Chemtura Corp. has a deal to sell its PVC additives business to Artek Aterian Holding Co. LLC, a company backed by Indian chemical company Artek Surfin Chemicals Ltd. and New York investment firm Aterian Investment Partners Distressed Opportunities LP.

Fire at Shanghai recycler kills 6
SHANGHAI (February 24, 2010) -- A fire at a recycling center and apparent plastic product manufacturer in Shanghai has killed six workers and injured eight, according to Chinese media.

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