Featured Articles

Where are resin prices headed?

By PlasticsToday Staff
Published: May 23rd, 2011

Spotted at the recent Chinaplas show were the results of a straw poll of sales reps at a leading Japanese trading house predicting where the China polyolefins market would find itself in July.

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Straw poll on paper predicts high LDPE prices in July.

Styron eyeing expansion of compounding in China, and acquisitions too

By Matt Defosse
Published: May 23rd, 2011

Executives at the world's leading supplier of polystyrene said they are keen to support their Asian business, already strong, with new compounding capacity, most likely in China. Without revealing specifics, Styron president and CEO Chris Pappas also said he is actively eyeing potential acquisitions in the region.

Sumitomo: Nuclear crisis will spark renewed interest in all-electrics

By Stephen Moore
Published: May 19th, 2011

The Great East Japan Earthquake should give a boost to injection machine investment in Japan but this will take time to manifest itself given persisting supply chain disruptions, noted Koichi Kasamatsu, global sales manager at injection molding machine manufacturer Sumitomo Heavy Industries (Tokyo, Japan). "Many plastics processors are ready to invest and restart operations but their customers in the auto industry are not, so they are holding off."

Engel rides global upturn to 72% surge in sales

By Stephen Moore
Published: May 19th, 2011

Injection molding machinery manufacturer Engel has recorded strong growth in its latest financial year, seeing sales rebound from €358 million in the year ending March 2010 to €615 million in the year to March 2011. Business in big machines in China is helping fuel the growth, one reason the company is set to double its manufacturing capacity there.

KraussMaffei, Netstal combine operations in China

By Matt Defosse
Published: May 19th, 2011

The two companies, long sister firms within the same group, will combine their operations in China, a country where Netstal hopes to benefit from the much larger staff of KraussMaffei. "Big international customers really wanted us to grow here," explained Bernhard Merki, CEO of Netstal. The change is effective July 1.

China’s moldmaking bonanza plays in DME’s favor

By PlasticsToday Staff
Published: May 19th, 2011

The moldmaking industry in China continues to grow, even as it also bounces back in North America and Europe, sign that a growing global economy can lift moldmakers' ships around the world. Here in Guangzhou at this year's Chinaplas trade show, Bruce Wasilewski, managing director for DME's operations in Asia, Europe and North America, spoke with PlasticsToday about how his company has changed to better serve the Chinese moldmaking market.

Momentive and SSI partner on drug-eluting silicone medical devices

By PlasticsToday Staff
Published: May 19th, 2011

Silicone manufacturer Momentive Performance Materials Inc. (Albany, NY) and silicone molder and extruder Specialty Silicone Fabricators (SSI; Paso Robles, CA) have announced plans to collaborate on so-called combination product medical devices.

DuPont to add Zytel production and compounding capacity in Asia

By PlasticsToday Staff
Published: May 19th, 2011

DuPont will increase capacity for its DuPont Zytel HTN high-performance polyamide with a polymerization facility at its Sakra, Singapore facility and the addition of compounding equipment in Shenzhen, China. The Sakra facility will be able to produce 20,000 tonnes of the engineering polymer by 2013, while the compounding investment in Shenzhen has added 10,000 tonnes of Zytel HTN capacity.

Faurecia and Rhodia partner to replace metal with plastics in car seats

By PlasticsToday Staff
Published: May 19th, 2011

Faurecia and Rhodia are partnering on plastic seat cushion structural components they believe will be 20% lighter than conventional steel parts, without compromising safety. The automotive supplier and specialty chemicals/plastics manufacture have worked together since November 2009 on next-generation lightweight, structural seat components using polyamide, officially signing a joint-development agreement (JDA) in February 2011.

ACH unloads former Visteon fuel-tank plant to Plastic Omnium

By PlasticsToday Staff
Published: May 19th, 2011

Plastic Omnium Auto Inergy is acquiring Automotive Components Holdings (ACH) LLC's plastic fuel system/fuel tank manufacturing assets in Milan, MI, with annual capacity for 1.3 million fuel systems. Plastic Omnium Auto Inergy, which is owned by Compagnie Plastic Omnium, now estimates that it will have output in excess of 15 million fuel systems in 2012.

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