Featured Articles

Automotive industry CEOs “Very Confident” about growth

By Clare Goldsberry
Published: June 16th, 2011

Could the confidence of automotive executives trickle down in the form of new orders and projects to the plastics processing and moldmaking industries? By all reports, and with investment in injection molding machines and other equipment up sharply, some of it already has. With the automotive industry rebounding and growth on the horizon, PricewaterhouseCoopers' Autofacts Q1 2011 survey of 50 automotive CEOs in 20 countries shows that most believe the worst is over. PwC Autofacts predicts that global light vehicle production will increase by 26.8 million units from 2010 to 2017.

Autoliv slates Brazilian steering wheel expansion

By PlasticsToday Staff
Published: June 15th, 2011

Leading automotive safety systems supplier Autoliv Inc. (Stockholm, Sweden) is investing $9 million at its production facility in Taubaté near Sao Paulo in Brazil to double its steering wheel molding and assembly capacity to more than one million units annually. This will consolidate its position as leading supplier in the region.

Formable fabric lowers cost and production barriers for composites

By PlasticsToday Staff
Published: June 15th, 2011

Pepin Associates says its formable, aligned, discontinuous fiber fabric will help lower the cost barrier for carbon-fiber applications. The company says that thanks to their high strength-to-weight ratios fiber-reinforced materials are particularly appealing for the aviation and automotive industries, but the high-cost of carbon fiber and the limits of mass production of fiber-reinforced materials that require lay-up continue to stymie composites.

Genomatica a step closer to biobased butanediol for use in polyesters and polyurethanes

By PlasticsToday Staff
Published: June 15th, 2011

Genomatica (San Diego, CA) successfully produced bio-based butanediol (BDO) in its first demonstration-scale fermentation, calling the achievement a "milestone on our rapid path to commercialization." Genomatica and its project partner, Tate & Lyle, utilized that company's 13,000-liter tank in Decatur, IL to produce BDO by using genetically engineered E. coli that metabolize sugar into 1,4-butanediol.

West plans second plastics molding facility in China

By PlasticsToday Staff
Published: June 15th, 2011

Medical device manufacturer West Pharmaceutical Services Inc. has announced plans to open a second plastics processing facility in China, adjacent to the company's current one in Shanghai. The established site handles injection molding of devices for injectable drug administration; the new plant will be devoted to compression molding of stoppers for vials used to package injectable drugs.

Medical plastic films: Sartorius, Südpack Medica strike exclusive agreement

By PlasticsToday Staff
Published: June 15th, 2011

The agreement, which initially is set for 10 years, brings together plastic film extruder Südpack and medical packaging converter Sartorius Stedim Biotech (SSB) in an exclusive venture for the development, production and delivery of plastic films for the biopharmaceutical market.

Sabic, Montefibre sign carbon fiber production agreement

By Matt Defosse
Published: June 14th, 2011

Clearly many plastics suppliers are betting that carbon fiber demand will continue to grow. Last week Dow Chemical and Aksa announced they would set up a joint venture to manufacture and market carbon fiber and carbon fiber composites, and this week news comes that plastics and petrochemicals supplier Sabic has acquired a license for carbon fiber technology developed by Montefibre.

Reynolds outbids Silgan for Graham

By PlasticsToday Staff
Published: June 14th, 2011

Graham Packaging Company Inc. (York, PA) will terminate its merger agreement with Silgan Holdings Inc. (Stamford, CT) and enter into a new binding written definitive agreement with Reynolds Group Holdings Limited, after that company offered a higher purchase price to Graham of $25/share.

TPE resin prices, June 6-10: spot PE down $0.02/lb; contract PP sheds $0.15/lb; “first bit of pricing power in ages” for buyers

By PlasticsToday Staff
Published: June 14th, 2011

Spot resin-trading activity picked up last week with a good flow of material seen at lower prices. Trading platform, The Plastics Exchange (TPE), reported that producers' second attempt to implement a $0.05/lb polyethylene price increase is on the ropes, and although not all producers have completely conceded, its prospects are looking dim.

Conformal cooling takes new twist

By Clare Goldsberry
Published: June 13th, 2011

The holy grail of molding is the rapid cooling of molds, and while several techniques have been tried (and some have failed) conformal cooling of molds is making some headway.

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