Featured Articles

Rising automotive production lifts Lear in final quarter of 2010

By PlasticsToday Staff
Published: February 1st, 2011

Global automotive production increased by 25% in 2010 over 2009  to a record 71.5 million vehicles, with Tier One suppliers like Lear (Southfield, MI) reaping the financial benefits. In a Feb. 1 statement of its fourth-quarter and full-year 2010 results, Lear reported that for the final three months of 2010, its earnings were up 30% over 2009 levels, with sales of $3.2 billion some 15% higher than the year-ago quarter.

Wittmann moves into new purpose-built Czech subsidiary

By PlasticsToday Staff
Published: February 1st, 2011

The Wittmann Group has moved into an enlarged and purpose-built facility in the Czech Republic, creating a new headquarters for Wittmann Battenfeld CZ that will be responsible for the Czech Republic and Slovakia.

TPE North American resin pricing, Jan. 24-28: PE mixed; PP down; producers start February with $0.05 increase for PE, $0.03 for PP

By PlasticsToday Staff
Published: February 1st, 2011

Market overview: The spot resin markets experienced heightened trading activity in the last full week of January. Spot-trading platform, The Plastics Exchange (TPE) said that material availability was relatively good last week with mixed prices. Polyethylene (PE) producers have yet to fully back down from their January price-increase initiatives of $0.05-$0.11/lb, even though spot PE levels were relatively flat in January.

Asian tooling: Do you know what you're getting?

By Clare Goldsberry
Published: January 31st, 2011
While OEMs continue to push their molders and moldmakers to buy tooling from Asian sources, some in the moldmaking industry have found that it just doesn’t pay.

When OEMs ask Industrial Molds Group (Rockford, IL) to explore Asian sources for tooling, telling Tim Peterson that the molds are "the same" as those Industrial Molds builds, Peterson knows first-hand that's just not true. Recently, he had a customer bring in a Chinese-made mold in which the core had broken. The core had been spec'd to be made of P-20 steel, yet after only four months of running production volume, it broke. 

Plastics Color opens clean compounding plant in California

By PlasticsToday Staff
Published: January 31st, 2011

Plastics Color Corp. (PCC; Calumet City, IL) has opened its new clean compounding facility in Sun Valley, CA, modeling its fourth production plant after its segregated "Plant Within a Plant" concept initially unveiled at PCC's Asheboro, NC campus. The supplier of color concentrates, additive masterbatches, pre-colored resin, and toll compounding initially announced plans for the facility in Southern California in May 2010.

Aluminum molds or steel? In this test, Al is the clear winner

By PlasticsToday Staff
Published: January 31st, 2011

Debates about the efficacy of aluminum injection molds versus those made from steel continues, with steel still the most-used material but aluminum being specified for more and more projects. Aluminum molds really started to grab processors' attention about 10 years ago. Since then, processors in a number of end-use markets, most notably automotive and white goods, have begun to adopt the material for an increasing share of their tooling needs.

Plastics packaging: Plastic tube merger creates world leader

By PlasticsToday Staff
Published: January 31st, 2011

In a matchup it claims creates the global leader in plastic and laminate tubes, Albéa, until July 2010 known as Alcan Packaging Beauty, has acquired laminate tubes processor Betts Group. The purchase gives Albéa a broader global footprint to include substantial capacity in India, where another leader in global laminate tube production, Essel Propack, is headquartered.

Plastics packaging machine merger as Brückner acquires PackSys (Updated Feb.2)

By Matt Defosse
Published: January 31st, 2011

The Brückner Group has acquired all shares of PackSys Global, a manufacturer of specialized equipment for the packaging industry with annual sales of about CHF 70 million ($74.37 million). PackSys Global (PSG) designs and builds full lines for aluminum, plastic and laminate tubes, metal and plastic closures and monobloc aerosol cans, as well as dry offset printing systems.

Barrier packaging: Automation specialist develops reliable PP/EVOH co-injection system

By Matt Defosse
Published: January 28th, 2011

Incremental progress in barrier package design has been the case for years, but automation systems manufacturer Waldorf Technik believes it may have made a major leap forward with two new technologies.

INEOS Phenol and Sinopec to build China’s largest phenol/acetone plant

By PlasticsToday Staff
Published: January 28th, 2011

INEOS Phenol and Sinopec Yangzi Petrochemical Co. have reached a framework agreement on the design and future operation of a 400,000-tonnes/yr phenol/acetone joint venture at the Nanjing Chemical Industrial Park in Jiangsu Province, China—the largest plant of its kind in China.

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