LMA adds three presses to start captive molding of its medical devices

By PlasticsToday Staff
Published: July 13th, 2011

Concerns about protecting its intellectual property as well as the opportunity to keep a better control of costs has prompted medical device manufacturer LMA International to bring the injection molding for its LMA Airway products in-house. This first stab at captive molding is underway with three presses from machine manufacturer Engel.

NatureWorks invests in PLA plant, plans additional injection molding grades, lactide intermediates

By PlasticsToday Staff
Published: July 12th, 2011

Bioplastic supplier NatureWorks LLC (Minnetonka, MN) says a "major" capital investment at its Blair, NE manufacturing facility will broaden its processing capabilities allowing it to produce additional grades suited to the injection molding and fiber/nonwovens markets.

Names in the news: Husky, EcoLogic, and Pallmann

By PlasticsToday Staff
Published: July 12th, 2011

Su Taylor is the new VP human resources and organizational development for injection molding machine, tooling, and hot runner supplier Husky Injection Molding Systems Ltd. (Bolton, ON). Taylor, who also becomes a member of Husky's executive team, replaces Jim Reid, who had held the position since 2008 but has decided to pursue opportunities outside the company, according to Husky.

Small business owners think U.S. is on the wrong track

By Clare Goldsberry
Published: July 12th, 2011

A national survey conducted by the U.S. Chamber of Commerce of 1409 small-business owners/executives released July 11, revealed that 84% indicate that the U.S. economy is on the "wrong track." These owners/executives of small businesses ($25 million or less in annual company income) are a bit more hopeful about their local economic situation, with only 54% saying their local economies are on the wrong track. When it comes to their own businesses however, two-thirds say they are on the right track.

TPE resin prices, July 5-8: PE and PP up about $0.01/lb; after multi-week slip, polyolefins regain their footing

By PlasticsToday Staff
Published: July 12th, 2011

The spot resin markets were slow after the long July 4 weekend and prime prices firmed following weeks of drops. Spot-trading platform, The Plastics Exchange (TPE), reported that fresh generic prime polyethylene railcar offers were scarce until the end of the week and prices initially reflected the re-attempted $0.05/lb increase, but buyers resisted.

U.S. labor costs cheaper than China by 2017?!

By Stephen Moore
Published: July 11th, 2011

China-based consultant Intercedent projects that mid-tier manufacturing wages in China will reach approximate parity with Federal Minimum wage levels in the United States by 2017.

If this occurs, then there will likely be acceleration in the repatriation of low-end manufacturing jobs from China to North America or they may well move to lower-wage countries such as Indonesia, Vietnam, or locations in Eastern Europe and Latin America.

Mitsui Chemicals expands North American PP auto compounds business

By Stephen Moore
Published: July 11th, 2011

Mitsui Chemicals affiliate Advanced Composites (Sidney, Ohio) has announced its intent to expand capacity for polypropylene (PP) automobile grade materials at sites in the U.S. and Mexico. This initiative is part of the supplier's latest mid-term business plan where one of the objectives is to emerge as the world's leading supplier of PP automotive materials.

Cup noodles lose the foam and the boiling water thanks to thermoformed PP

By PlasticsToday Staff
Published: July 11th, 2011

A three-layer barrier polypropylene sheet structure is being thermoformed into a fully microwaveable 300-ml plastic pot that allows a wet version of the usually dehydrated snack food, offering consumers increased speed and convenience since the product can be prepared directly in the microwave, instead of requiring the addition of boiling water.

Medical plastics: Phillips nabs Medisize for €99.8 million

By PlasticsToday Staff
Published: July 8th, 2011

One of North America's most storied plastics processors, contract injection molder Phillips Plastics, has acquired Medisize, a processor of medical devices and pharmaceutical packaging, for €99.8 million ($142.7 million) from Ratos. Medisize's sales totaled €127.8 million in 2010 with an operating profit (EBITA) of €12.6 million.

BASF steps up R&D for sustainable electromobility products

By PlasticsToday Staff
Published: July 7th, 2011

Batteries are the key technology for electromobility of the future. Over the next five years, BASF (Ludwigshafen, Germany) will be investing a three-digit million euro sum in researching, developing and the production of battery materials. In parallel, the company is developing new structural plastic materials and plastic-based heat management solutions for electric vehicles.

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