Featured Articles

Injection molding: IML gets the royal treatment

By Matt Defosse
Published: April 21st, 2011

On the day we spoke with Belgian in-mold label supplier Verstraete, the company was hosting a visit from the nation's king. Heads of state and royalty typically only visit companies in good health, and that's indeed the case at Verstraete as the company is celebrating development of a number of new IML options, including in-mold labels with metallic finish, ones for thermoforming and labels able to provide gas or light barrier performance.

Injection molding: Arburg, Trexel team up for MuCell offering

By PlasticsToday Staff
Published: April 21st, 2011

In an agreement between German injection molding machine manufacturer Arburg and Trexel, the licenser of the MuCell process, Arburg's customers now can purchase a turnkey injection molding system including the MuCell processing hardware directly from the molding machine maker, without the need to acquire a separate license or pay extra license fees.

Blowmolding: Graham Packaging bids for machine maker Techne

By Matt Defosse
Published: April 21st, 2011

The plastic bottle blowmolding giant is adding to its presence in the machine manufacturing market with its decision to purchase Techne, an Italian manufacturer of extrusion blowmolding machinery. The extrusion blowmolding machinery manufacturers' space has been a tough one for years and Techne was not spared; it has been operating under liquidation proceedings since last year.   

Specialty LCD film plant for Taiwan

By PlasticsToday Staff
Published: April 21st, 2011

Responding to rising demand for LCD flat panel televisions, Toray Advanced Film Co. (Tokyo) plans to start up a polyethylene-based self-adhesive protective film plant in Kaohsiung, Taiwan. The film is used during the manufacture of optical films and panels used in LCD displays.

Onex in “late-stage discussions” to sell Husky

By PlasticsToday Staff
Published: April 20th, 2011

Private equity firm Berkshire Partners is in late-stage discussions to acquire Husky Injection Molding Systems from its current owner, private equity investor, Onex, according to a April 19 Reuters report, but reached for comment, a Husky spokesperson could neither confirm or deny the story.

Braskem CEO talks Brazil, bioplastics in NYSE visit

By Tony Deligio
Published: April 19th, 2011

Brazil will need to build a new resin plant each year until 2020 to keep up with the booming country's burgeoning plastics demand. Carlos Fadigas, Braskem S.A. CEO, detailed his country's escalating hunger for plastics and Braskem's plans to help satiate that domestic demand while also expanding its reach outside South America.

Talent Talk - Weekly Jobs and Business Blog; Succession planning at all levels

By Paul Sturgeon
Published: April 19th, 2011

Question - My organization should have a succession plan for:

TPE resin pricing, April 11-15: PE dips $0.01/lb; PP up $0.02/lb; plastics catching up to raw material, energy inflation

By PlasticsToday Staff
Published: April 19th, 2011

Spot polyethylene (PE) eased a bit last week from the $0.04/lb gains it ran up in early April, while polypropylene (PP) jumped another $0.02/lb, lifting monthly increase to $0.08/lb. Spot-trading platform, The Plastics Exchange (TPE) noted that spot PE is still up about $0.03/lb for the month, with "substantial" price increases planned for April contracts.

Extrusion innovation contest opened; Suppliers applauded

By PlasticsToday Staff
Published: April 19th, 2011

Extrusion systems manufacturer Reifenhäuser Group has been especially busy of late. In early April the company officially began accepting submissions for its inaugural Extrusioneers Innovation Contest, held under the motto "Thinking outside the box." Reifenhäuser is looking for the best ideas in terms of products, processes and machines.

Cereplast raises full-year outlook after strong first quarter

By PlasticsToday Staff
Published: April 18th, 2011

Sustainable plastics manufacturer Cereplast Inc. (El Segundo, CA) has raised its full-year outlook following a very successful first quarter. The company expects to report first-quarter revenue of $7.2 million, easily outstripping its first quarter guidance of $5.0-$6.5 million. Based on these preliminary results, the company has raised its full-year 2011 revenue guidance to $28.0-$34.0 million, up from its previously stated 2011 guidance of $24.0-$32.0 million.

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