Featured Articles

New TPE compounding line for Teknor Apex

By PlasticsToday Staff
Published: October 25th, 2010

The custom compounder comes to the K show this week with the announcement that it is installing a new compounding line for thermoplastic elastomers (TPEs) as part of a program to broaden the company's capabilities to serve the European TPE market. Barry Galpin, sales director n the company's offices in England, made the announcement.

State governor visits Wisconsin molder, bringing money

By PlasticsToday Staff
Published: October 23rd, 2010

Wisconsin Governor Jim Doyle recently held a press conference at the plstics molding facility of TecStar Mfg., a subsidiary of the MGS Mfg. Group (Germantown, WI) to present a $3.75-million loan that will help the company expand its work force and buy equipment to bolster its ongoing business in the renewable and sustainable energy sector.

As K opens, German machine makers feel the wind at their backs

By PlasticsToday Staff
Published: October 22nd, 2010

The K show is nigh and the timing again appears to be flawless, at least for machinery manufacturers from the host country, who collectively have lifted their growth forecast for the year to 15%. Just days before the show (Oct. 27-Nov. 3) begins in Düsseldorf, the VDMA Plastics and Rubber Machinery Assn. says it has raised its sales forecast for the current year from its previous estimate of 11%.

LME’s exit doesn’t mean the end of plastics futures

By PlasticsToday Staff
Published: October 22nd, 2010

New York Mercantile Exchange (NYMEX) Research Director Dan Brusstar and the editors of petrochemical pricing industry newsletter, PetroChem Wire (PCW), say that the end of the London Metal Exchange's (LME) plastics contracts is "by no means the end of risk-management options for the plastics industry." The CME Group, which owns NYMEX, launched physical contracts for high-density polyethylene (HDPE), linear low-density polyethyl

Global injection machine output pace of decline slowed in 2009

By PlasticsToday Staff
Published: October 22nd, 2010

Global production of injection molding machines declined by 10% and 5% in 2008 and 2009, respectively, dropping in conjunction with the global economic crisis after posting average annual growth rates of 3.5% in 2006 and 2007. Those figures from a new report, Global and China Plastic Injection Molding Machine, which noted that injection machine output hit 91,480 in 2006 and 97,250 in 2007.

Electrolux supplier search deadline extended

By Clare Goldsberry
Published: October 21st, 2010

Updated 10/21: Due to overwhelming response from potential molding and moldmaker suppliers, Electrolux has pushed the date of its Supplier Fair event back to Dec. 1 in order to ensure that all interested and qualified prospective suppliers are able to attend. Interested businesses should RSVP as soon as possible to purchasing@electrolux.com.

Wittmann Battenfeld reports strong recovery in sales, demand

By Tony Deligio
Published: October 21st, 2010

Starting last November, according to Wittmann Battenfeld's David Preusse, an unanticipated expansion in business began that has since snowballed into an "overwhelming" recovery. President of Wittmann Battenfeld Inc. (Torrington, CT), the North American arm of the Austrian supplier of injection molding machines, automation, and auxiliaries, Preusse said that in the U.S., the company currently has an $11 million backlog in its robot segment alone, with the current bookings level 97% higher than last year.

Beyond K, Chinaplas prepared to welcome processors

By PlasticsToday Staff
Published: October 21st, 2010

The K show opens its doors next week, but for processors looking ahead on the plastics tradeshow landscape, the next big event really is just around the corner. Chinaplas is scheduled for May 17-20, 2011, and the show's organizers say they will be at the K offering attendees special offers for their event.

CeDo’s ‘green cred’ could make waves in U.S.

By PlasticsToday Staff
Published: October 21st, 2010

Europe's market leader in household disposables, CeDo, has settled on the PLMA private label tradeshow next month in Chicago as the launch pad for the processor's efforts to make waves in the North American market. CeDo is best known in Europe for its EcoMin range of trashcan liners made from recyclate, and other household disposables.  

One week before K, BASF raises full-year outlook for 2010

By PlasticsToday Staff
Published: October 21st, 2010

On the eve of K, German-based petrochemicals and plastics giant BASF (Ludwigshafen) has raised its full-year outlook on the basis of third-quarter sales increasing 23% to €15.8 billion, with earnings before income taxes (EBIT) soaring 122% to €2.15 billion, as it anticipates that 2010 will eclipse its previous peak years of 2007 and 2008. Over the first nine months of 2010, sales rose 27% to €47.5 billion, while EBIT before special items increased 89% to €6.4 billion, and EBIT rose 127% to €6.1 billion.

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