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Mid-America Bag buys CPI's film division
PLEASANT PRAIRIE, WIS. (Nov. 3, 5:25 p.m. ET) -- Mid-America Bag LLC of Pleasant Prairie has acquired the film division of its former owner, CPI Plastics Group Ltd., amid the Canadian profile and film extruder’s bankruptcy. November 3, 2009
Filtrona Extrusion renamed Pexco
ATLANTA (Nov. 2, 11:40 p.m. ET) -- Seven months after being acquiring by a private equity firm, Atlanta-based Filtrona Extrusion has been renamed Pexco. Management of the company, which operates seven manufacturing facilities in the U.S. and Mexico, remains unchanged. November 2, 2009
U.S. imposes duties on bags from Vietnam, Indonesia and Taiwan
WASHINGTON (Oct. 29, 11:40 p.m. ET) -- The U.S. Commerce Department has imposed antidumping duties ranging from just under 29 percent to just under 96 percent on imports of plastic shopping bags from Vietnam, Indonesia and Taiwan. October 29, 2009
Multi-Plastics buying two plants from Reynolds Packaging Kama
HAZLETON, PA. (Oct. 26, 4:15 p.m. ET) -- Lewis Center, Ohio-based Multi-Plastics Inc. is in “advanced negotiations” to buy plants in Hazleton, Pa., and Avenel, N.J., from its long-time partner Reynolds Packaging Kama. October 26, 2009
Plaskolite buys Optiglass coating division
COLUMBUS, OHIO (Oct. 21, 3:45 p.m. ET) — Plaskolite Inc. today announced that it has purchased the coating division of Optiglass PC LLC of Cincinnati, Ohio. October 21, 2009
Target and CVS launch incentives to discourage plastic bags
WASHINGTON (Oct. 19, 10:55 p.m. ET) -- Two major nationwide U.S. retailers -- Target and CVS -- have put into place incentives for shoppers that they expect will significantly reduce the amount of plastic shopping bags handed out at checkout lines. October 19, 2009
Two Indian housewares firms continue expansion
GUANGZHOU, CHINA (Oct. 16, 3:25 p.m. ET) — Plastic packaging extruder Specialty Polyfilms India Pvt. Ltd. invested in a significant capacity expansion in August, as the company sees growth for its plastic food wrap in both its domestic market and among increasingly cost-conscious European consumers. October 16, 2009
Skydex making plastic flooring to protect military vehicles
CENTENNIAL, COLO. (Oct. 15, 3 p.m. ET) -- Technology firm Skydex Technologies Inc. has won a major military contract to provide protective plastic flooring for more than 4,000 all-terrain vehicles that will be used by U.S. Armed Forces in Afghanistan. October 15, 2009
Berry Plastics to buy Pliant Corp.
EVANSVILLE, IND. (Oct. 13, 8:30 p.m. ET) -- Berry Plastics Corp. announced today that it plans to buy Pliant Corp. after Pliant emerges from bankruptcy. Under a reorganization plan approved by the U.S. Bankruptcy Court on Oct. 6, Berry will receive 25 percent of the equity of Pliant. According to an Oct. 13 news release, Berry now also intends to acquire the remining 75 percent of the common stock. October 13, 2009
Peru recycler/sheet extruder expands for export customers
LIMA, PERU (Oct. 9, 12:55 p.m. ET) — South American plastics processor Iberoamericana de Plasticos SAC is moving its PET sheet operations to a larger site by the end of the year to meet export market growth. About 75 percent of IP’s PET-related sales come from the export market, primarily to North America and China, Victorio said. October 9, 2009
Kauai joins ban list, but Alaska community rescinds its bag tax
WASHINGTON (Updated Oct. 9, 8:30 a.m. ET) -- Kauai County has become the second county in Hawaii to ban plastic carryout bags at retail establishments. But the Fairbanks North Star Borough in Alaska — which includes the city of Fairbanks and the unincorporated community of the North Pole — has rescinded a 5-cent tax on disposal plastic carryout bags that it approved four weeks ago. October 8, 2009
Hong Kong targets aircraft seat market
 HONG KONG (Oct. 5, 11:15 a.m. ET) -- Hong Kong plastics executive S.W. Wong is leading a consortium of six Hong Kong manufacturers and a government agency to try to build a lower-cost aircraft seat manufacturing plant in mainland China. October 5, 2009
Projections put Asian aerospace on radar
HONG KONG (Oct. 5, 10:50 a.m. ET )  — Projections for solid growth during the next 20 years in Asia’s aerospace market, even factoring in a slumping market from the economic crisis, are drawing some plastics firms to look for opportunities there. Several American, Japanese and Hong Kong firms came to the Asian Aerospace International Expo and Congress, held Sept. 8-10 in Hong Kong, hoping to tap into the Asia Pacific market or reinforce their position in the aviation supply chain. October 5, 2009
German BOPP film maker Treofan has new owners
RAUNHEIM, GERMANY (Sept. 30, 2:45 p.m. ET) — Biaxially oriented polypropylene film maker Treofan Group has new owners, following the completion of a financial restructuring. The new majority shareholders are Management & Capitali SpA, a Milan, Italy, company listed on the Milan Stock Exchange, with a shareholding of approximately 44 percent, and EBF & Associates LP USA, a Minnetonka, Minn., private equity firm, with a 26 percent share. September 30, 2009
World BOPP film market to grow to 6.75 million tonnes
GUILSBOROUGH, ENGLAND (Sept. 20, 10:25 p.m. ET) -- World demand for BOPP films will grow by an average 5.7 percent per year to reach 6.75 million metric tonnes by 2013, according to a new report from PCI Films Consulting Ltd. Growth will be driven primarily by Asia Pacific markets and, if China’s economy returns to growth and India’s development of its packaged food processing industries accelerates, the market could experience growth rates of up to 8.3 percent. September 29, 2009

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