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TPE resin prices, August 8-12: PE and PP down $0.01-$0.02/lb; producer inventories reach multiyear highs

By PlasticsToday Staff
Published: August 16th, 2011

Another week of extreme volatility in the stock, energy, and commodity markets sent many resin buyers to the sidelines to await solid direction, according to spot-trading platform, The Plastics Exchange (TPE). Spot polyethylene (PE) prices eased $0.01-$0.02/lb, giving back most of the premium previously built up in expectation of the proposed August price increase of $0.05/lb that producers continue to pursue. Spot polypropylene prices shed $0.01/lb as August polymer-grade propylene (PGP) contracts initially settled flat.

Names in the News: Plastics packaging people at Dow Chemical and TricorBraun, plus a national packaging award contest

By PlasticsToday Staff
Published: August 16th, 2011

At plastics and chemicals supplier Dow Chemical Company, Glenn Wright, commercial vice president for North America Plastics, has been named business vice president for Performance Packaging, an $8 billion global business unit in the company's Performance Plastics division.  

Also at Dow, Mauro Gregorio, commercial vice president of plastics in Europe/Middle East/Africa, has been named to the dual role of commercial vice president for Performance Plastics North America, and business vice president for Performance Plastics' Hygiene & Medical global business unit. 

Pipe processor ADS plans new plant in Iowa

By PlasticsToday Staff
Published: August 16th, 2011

The world's largest processor of corrugated plastic pipe, Advanced Drainage Systems Inc., is adding to the string of pipe facilities it has built with a new one planned for Hampton, Iowa. The new facility is to be fully operational by the middle of next month.

Honda selects Mexico for new assembly plant

By PlasticsToday Staff
Published: August 15th, 2011

Hampered by a strong yen when it exports vehicles from Japan, Honda (Tokyo) has opted for a major investment in Mexico for its next assembly operation to serve the North American market. The company is investing around $800 million to build the plant, which is scheduled to begin operation in 2014.

European injection molding industry shrinks

By PlasticsToday Staff
Published: August 15th, 2011

There have been net declines of 14% and 21% in the number of injection molding sites listed for France and the U.K., respectively, according to a new series of reports on the European molding market, with nearly 200 companies gone in Spain and Portugal since the previous guide.

Dickten Masch expands into Mexico via purchase of UPG’s Monterrey plant

By PlasticsToday Staff
Published: August 15th, 2011

Dickten Masch Plastics (DMP) has acquired United Plastics Group's (UPG) Monterrey, Mexico manufacturing facility. DMP (Nashota, WI) will call the operation, which has a 105,000-sq-ft facility, DMP Monterrey, S. de R.L. de D.V.

Let your old testing equipment help you finance some new lab equipment

By PlasticsToday Staff
Published: August 15th, 2011

old Zwick testing unit
Send Zwick proof your old testing equipment is still in use and enter yourself in a drawing for an iPad--and maybe even win €10k in new Zwick equipment.

Coll helping Axion meet its demand for plastics recyclate

By PlasticsToday Staff
Published: August 15th, 2011

Just weeks after announcing its first sales into Latin America for its plastics recyclate-based rail ties, Axion Intl. now has announced it will be working with Coll Materials to take advantage of that company's capacity at its facility in Waco, TX.  Coll, a post-industrial and post-consumer plastics recycling company, will handle some contract manufacturing for Axion. The Waco site is a new one for Coll and is to be up-and-running by year's end.

Project moves to improve barrier performance of plasma coatings on PET, bioplastics

By PlasticsToday Staff
Published: August 15th, 2011

The gas barrier performance of polyethylene terephthalate (PET) packaging can be improved in many ways including through creation of multi-layer packaging with EVOH, nylon or another material used as a barrier material, or with the addition of a plasma coating of silicon oxide to the PET. Plasma coatings often are applied to a container's interior so that they not easily scratch; scratches in the coating open a passageway for carbon dioxide egress or oxygen ingress.

Niagara falls for new site in North Carolina for preform molding and bottle blowing facility

By Clare Goldsberry
Published: August 15th, 2011

Family-owned water bottler Niagara Bottling LLC, headquartered in Ontario, CA, is expanding again with its announcement of construction of a new 310,000-sq-ft plant in Mooresville, NC. Niagara has its own captive plastics processing operations to include preform molding, bottle blowmolding and injection molding of closures.

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