Brazil holds version of IDEA competition
SÃO PAULO, BRAZIL (September 2, 2008) -- Winners in Brazil’s inaugural version of the International Design Excellence Awards (IDEA) included a variety of products with plastics content. Objeto Brasil,
a São Paulo-based design group, organized the single-country IDEA/Brasil competition with cooperation from Industrial Designers Society of America in Dulles, Virginia.
N. American Rotomolders adjust to changing landscape
 Mooney
ADVANCE, NORTH CAROLINA (August 19, 2008) -- North American rotational molders were generally optimistic going into this year, despite signs of higher resin prices and more competition from industrial
blow molding, according to an updated study by Plastics Custom Research Services (PCRS). Peter Mooney, president of PCRS, thinks growth for 2008-2010 will continue at 2 to 3 percent, and the study
points to several reasons for the slowdown from previous years. For example, rotomolded toys have declined, squeezed by domestic retailers, changing tastes in toys and competition from China.
Step2 expanding exports to foreign markets
 Lifestyle Custom Kitchen from Step2
STREETSBORO, OHIO (August 5, 2008) -- Kids are the same the world over, especially when it comes to how they play and have fun. That might be why Streetsboro-based Step2 Co. LLC is finding new export
opportunities for its line of rotational molded toys in China and the Middle East. Yes, even the giant Asian nation that stocks the shelves of retailers ranging from Wal-Mart to Toys “R”
Us wants the brightly colored plastic slides, sandboxes and playhouses made -- largely by hand -- at Step2’s plants in Ohio and Georgia.
Plastics help designs bring home IDSA gold
 One project provides low-cost, energy-efficient laptops to children around the world.
DULLES, VIRGINA (August 5, 2008) -- A low-cost laptop, a featherlike welding helmet and a customized baby bottle used plastics in winning this year’s International Design Excellence Awards. Components
in plastic appeared in about two dozen of the gold winners in the annual contest, co-sponsored by the Industrial Designers Society of America in Dulles and BusinessWeek magazine. A panel of 20
designers and evaluators judged 1,517 entries from 33 countries to select the award winners. Plastics News presents the plastics-related highlights of the gold award winners in the full story.
Foamex reduces debt, lays out growth plans
 Foamex´s “green” foam chair
LINWOOD, PENNSYLVANIA (July 29, 2008) -- After Foamex International Inc.’s stockholders meetings this month, the company’s top executive released the company’s growth plans and outlined key product
launches for the electronics, medical, and industrial markets, including the launch of several sustainable specialty foam products for home furnishings. In addition, the foamer will further expand
its footprint in Asia.
Rubbermaid raising prices, cutting lineup
 Ketchum
SANDY SPRINGS, GEORGIA (July 29, 2008) -- Consumer products maker Newell Rubbermaid Inc. announced it will enact a quarterly price adjustment mechanism, with increases as high as 22 percent, in the
latest move by a major plastics processor to cope with high resin costs. President and Chief Executive Officer Mark Ketchum also said the company will stop making some plastic products -- as much
US$500 million worth (3.41 billion yuan). Rubbermaid products likely to be discontinued include low-cost storage bins, office-chair floor mats and some trash cans.
Hard times force U.S. molder Modern to shut doors
BENTON HARBOR, MICHIGAN (July 29, 2008) -- Modern Plastics Corp., founded in 1937, is closing down -- a victim, company officials said, of the many hardships facing the U.S. plastics industry.
Executives said Modern Plastics got walloped by high costs for resin, utilities, transportation and health care, the inability to pass along price increases, financial turmoil at customers and loss
of work to China and Mexico.
Hoffer buys minority stake in auto molder Intec Group
SOUTH ELGIN, ILLINOIS (July 22, 2008) -- At the request of some of its top customers, Hoffer Plastics Corp. has expanded its global footprint by investing in a minority share of Intec Group Inc. Intec
runs three plants in China, and one each in the U.S., Singapore and Mexico. The two firms see it as a complementary marriage since their markets have little overlap. Hoffer’s end markets include
packaging and industrial and consumer products, with less than 10 percent automotive, while Intec’s reputation as an auto molder should help Hoffer gain business in that area.
International plastics mergers, acquisitions on rise
 Blaige
AKRON, OHIO (July 22, 2008) -- International players are big on the mergers and acquisitions scene this year, and, in certain plastics sectors, that’s likely to pick up. Spurring the activity are, in
part, the weak U.S. dollar and protectionism, as companies in North America and emerging markets compete for global advantage. Several analysts interviewed by Plastics News noted increases in
the numbers of plastics mergers and acquisitions deals in the first half of 2008 versus the same period in 2007. For instance, Tom Blaige, president of Blaige & Co. in Chicago predicts pipe, profile
and tube extrusion mergers and acquisitions will increase by nearly 60 percent, driven primarily by cross-border sales of privately held niche companies.
Has China lost its ‘low-cost workshop’ status?
 Franz
GUANGZHOU (July 15, 2008) -- Many Chinese manufacturing plants are feeling the pinch from rising costs and a stronger Chinese yuan. And some manufacturers are moving work to Vietnam and other cheaper
manufacturing locations. Plastics News interviewed several companies for their take on the situation, including Helmar Franz, executive vice president of Chinese press maker Ningbo Haitian
Group Ltd., who said the situation is complex, with some of the company’s customers greatly impacted by China’s rising costs.
Design competition goes international for NPE 2009
WASHINGTON, D.C. (July 15, 2008) -- In a break with tradition, the Washington-based Society of the Plastics Industry Inc. (SPI) will make its next design competition an international event and will
add new design categories. The competition will be held in conjunction with NPE 2009, scheduled for June 22 to 26 in Chicago, Illinois. In the past, the National Plastics Design Competition was
mostly restricted to U.S. entries and limited to load-bearing parts, enclosures and structural parts. The upcoming competition will be open to virtually any type of design, including packaging
products, bioplastics, nanocomposites, and products that address energy efficiency and sustainability.
Rosti to open Indian injection molding plant
CHENNAI, INDIA (July 15, 2008) -- Injection molder Rosti Technical Plastics plans to open a new plant in India, further strengthening the Danish group´s commitment to Asia, where it already
operates a facility in China.
Opinion: Design center gala full of surprises
 Grace
Plastics News editor Robert Grace recently returned from a trip to China where he was a part of the opening ceremonies of the International Design Center, a joint-venture undertaking between
Hong Kong Polytechnic University’s School of Design and Zhejiang University. The joint venture has been a year in the making, and the Zhenhai district government of Ningbo city is offering strong
support to help get it kick-started. The aim is to stimulate industrial design and product research and development. Grace shares his observation and experiences of the celebration through the eyes
of a Westerner.
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.
Castle Mark creates chair line for ‘green’ market
 Castle Mark’s Edge1 line of office chairs are 90 percent recyclable.
CHICAGO, ILLINOIS (July 8, 2008) -- Chinese custom molder Castle Mark Enterprises Ltd. already makes chairs and office furniture parts for some of the leading names in the business. Now, with its
first branded product, the company wants to make a name for itself in North American and Europe. The company teamed up with U.S.-based designers to make sure the line met standards for fit and use,
and also design the line to meet growing environmental concerns. It is a big step forward for the company, and one that President Tony Chi felt was important to give the company long-term potential
beyond making chairs and furniture for other manufacturers.
U.K.-based BNL to open Thai plastic bearings plant
RAYONG, THAILAND (June 24, 2008) - BNL UK Ltd., a U.K.-based plastic bearing designer and manufacturer, is opening a new factory in Thailand this month. Production will start later this year.
Initially, the plant will assemble parts for some Asia-based customers, with further opportunities to transfer other assembly work and molding activities to the factory. The Rayong plant will also
start injection molding on seven new Krauss Maffei presses.
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