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First deal in what could be a wave of Chinese acquisitions of U.S. auto part suppliers

By PlasticsToday Staff
Published: December 1st, 2010

The largest Chinese investment in a U.S.-based automotive supplier was completed earlier this week with the acquisition of steering and driveline systems supplier, Nexteer Automotive (Saginaw, MI) by PCM, an entity formed by PCAS and Beijing E-Town International Investment & Development Co., Ltd. (E-Town), which is itself an affiliate of the Beijing municipal government. Under the agreement finalized Nov.

Bioplastics conference pulls in a healthy crowd

By PlasticsToday Staff
Published: December 1st, 2010

The 5th annual conference hosted by the European Bioplastics trade group gave a warm welcome to about 365 attendees who traveled to chilly Düsseldorf, Germany to learn the latest on these materials. Most of the presentations today (Dec. 1) focused on material developments, with some of these quite upstream from plastics processors as they highlighted new feedstock material developments, while many were in processors’ sweet spot of masterbatches, compounds, and additives.  

GRT-Mars boosts its engineering support with new 3D printer

By Clare Goldsberry
Published: December 1st, 2010

GRT-Mars Inc., a contract manufacturer of mechanical and electro-mechanical assemblies based in Mountainside, NJ, recently added the latest in 3D printing to its engineering department. Its new uPrint 3D personal printer delivers production-grade concept and working models durable enough for functional testing, according to GRT-Mars. The uPrint is a product of Dimension and Stratasys, and offers desktop 3D printing for a sub-$20,000 price.

Strategic partnership formed for acrylic in TFT-LCD and solar energy industries

By PlasticsToday Staff
Published: December 1st, 2010

Evonik Industries, one of the world's largest suppliers of acrylic, and AU Optronics Corp., a leading manufacturer of thin film transistor liquid crystal display panels, have formed a non-exclusive agreement that will focus mainly on research and development, production planning, and manufacturing. Recycling of polymethyl methacrylate (PMMA) also is being worked on by the two companies.

FDA gives approval to its first C. I. Pigment Blue 36

By PlasticsToday Staff
Published: December 1st, 2010

Color pigment supplier The Shepherd Color Company can claim a first with the recent announcement that the U.S. Food & Drug Administration has approved for indirect food contact the company's new Blue 10F545 pigment. Blue 10F545 is insoluble in virtually all solvents and resins and will not bleed or migrate, according to Shepherd.

Vision Plastics: seven new presses, 30 drying systems, and more to come

By Clare Goldsberry
Published: November 30th, 2010

Custom injection molder and contract manufacturer Vision Plastics Inc. (Wilsonville, OR) took delivery of seven Toshiba all-electric molding presses in September. This was the second delivery of Toshiba presses following a purchase contract the company inked at NPE 2009, according to Vision Plastics' President, John Normandin.

Green Box to expand staff, product offerings following successful K

By Tony Deligio
Published: November 30th, 2010

Fresh off a highly successful K show where the company launched a new product that combines two temperature controllers and a chiller in one small footprint, Green Box America Inc. (Bensenville, IL) is expanding its staff, with plans to bring on a new sales manager and sales representative. Jose Garcia-Hernandez, Green Box's director of operations, said the company, the U.S.

ABS demand in China starts to stall

By PlasticsToday Staff
Published: November 30th, 2010

Trading activity has been slowing down in China's ABS market recently, prompting some traders and distributors to offer discounts in order to speed up their sales. Suppliers of the material, however, are said to be standing firm on their prices, with these producers commenting that they would rather reduce their operating rates than cut their prices.

INEOS, BASF to bundle their styrenics businesses

By PlasticsToday Staff
Published: November 30th, 2010

The massive joint venture will have about $5 billion in annual sales and brings together all of the styrenics assets of both firms, minus their respective expanded polystyrene operations. Each of the suppliers will have a 50% stake in the venture once it is completed, with that expected following antitrust approval in 2011.

Up from the ashes, AWS opens larger, more advanced plastic bottle recycling plant

By PlasticsToday Staff
Published: November 30th, 2010

AWS Eco Plastics (North Lincolnshire, England) has opened its new plastic bottle sorting facility just over one year since an August 2009 fire destroyed its entire sorting and storage area. The new £17 million site will have an annual capacity to process 100,000 tonnes of waste plastic or two million bottles, utilizing Stadler, TITECH, and Herbold equipment. AWS says its 17 polymer and optical sorters are capable of processing 11 different streams of plastic.

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