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Hybrid, electric vehicle market drives demand for specialty plastics

By Stephen Moore
Published: June 20th, 2011

Twenty percent per annum growth in the global hybrid vehicle market will boost demand for various components incorporating plastics, according to a report from Japan's Fuji Chimera Research Institute (Tokyo).

Running with the Big Dogs

By Bill Tobin
Published: June 20th, 2011

I recently had a client phone me as happy as a kid at Christmas. He had an in-house product that was selling well, and he was about ready to be picked up by one of the Very Big Box discount stores (the Big Dogs). He asked me if I could do a capacity analysis to see if he could compound enough material and would he have the molding capacity to keep up with the demands of this giant.

I'm all for successful projects, but when someone offers you the opportunity to increase your annual sales by 30% with the addition of one client, it is always a mixed blessing.

TPE resin prices, June 13-17: PE and PP shed $0.01-$0.03/lb: PP $0.17/lb off its May peak

By PlasticsToday Staff
Published: June 20th, 2011

Spot polyethylene fell again last week, dropping $0.01-$0.03/lb, while polypropylene prices shed another $0.03/lb. The Plastics Exchange (TPE) said the spot resin markets saw another week of heightened trading activity, with a consistent flow of lower priced offers prompting processors to step in and buy. The complete implementation of the $0.05/lb polyethylene price increase is unlikely, but a reduced increase of $0.03/lb for high-density PE is still possible.

Green Chemistry award winners promote plastics

By PlasticsToday Staff
Published: June 20th, 2011

Sustainable chemicals and plastics dominated the winners of the Green Chemistry Challenge Awards, including a bioplastic made with the help of E. coli and an acrylic paint that utilizes recycled water bottles.

Plastics pricing: Falling ethylene prices drag down Asian PE markets

By PlasticsToday Staff
Published: June 20th, 2011

The price for spot purchases of ethylene in Asia has fallen by about $50/ton in the past week and by as much s $150/tonne since the beginning of the month. With supply abundant, prices may remain muted for some time, translating to good news in the region for processors of polyethylene.

Medical plastics: Gerresheimer doubling size of medical molding facility

By PlasticsToday Staff
Published: June 20th, 2011

Gerresheimer, a $1.4 billion/yr processor of glass and plastic packaging and other devices for the global pharmaceutical and healthcare industry, announced it will double the plastics processing area at its facility in Horsovsky Tyn, Czech Republic, a site where the company molds inhalers, insulin pens, lancing devices and various diagnostic systems. The expansion also will boost the site's workforce.

Plastics packaging: Berry claims Rexam’s closures biz for $360m

By PlasticsToday Staff
Published: June 20th, 2011

Plastics packaging processor Berry Plastics has grown from a small Indiana shop into a global player in the packaging industry, and with its most recent purchase it adds another name to its long string of acquisitions. Berry has acquired the beverage and specialty closures business of Rexam PLC, for $360m in cash.

Egg shells contribute to leather-like interior feel

By Stephen Moore
Published: June 19th, 2011

Recreating the feel of high-grade semi-aniline leather using synthetic leather is somewhat of a holy grail for auto interior designers. Nissan Motor (Tokyo) believes it has gone some way towards achieving this objective with its Sofilez skin material used in the Nissan Fairlady 370Z which debuted in 2009.

DAK acquires Wellman PET plant

By PlasticsToday Staff
Published: June 17th, 2011

DAK Americas (Charlotte, NC) will boost its annual polyethylene terephthalate (PET) capacity by 950 million lb (430,000 tons) by acquiring the PET business of Wellman Inc. for $185 million plus the assumption of certain liabilities. The deal is DAK's second North American PET acquisition this year.

“Pod” plus reusable container looks to replace single-use bottles for household cleaners

By Clare Goldsberry
Published: June 17th, 2011

Nypro announced a four-company joint venture to produce a reusable bottle for multiple consumer products that promises to save 90% in plastics, oil and CO2 emissions. In making the announcement, Nypro said that the reusable bottling system is designed to "revolutionize" the way consumers purchase and use liquid-based products for household use or personal consumption.

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