Featured Articles

Extruder maker Rajoo acquires thermoform machinery maker Wonderpack

By Matt Defosse
Published: June 15th, 2010

A major merger in India brings together Rajoo, a leading manufacturer of blown- and cast-film extrusion machinery, with Wonderpack, which makes thermoforming machinery for both roll-fed and heavy-gauge sheet-fed applications.  

Injection molding: Haitian coasted through recession, and adding new machines

By Matt Defosse
Published: June 15th, 2010

Its exports sank last year but the Chinese domestic market proved strong enough to drive sales and earnings higher for Haitian, the world's largest manufacturer of injection molding machinery. CTO Helmar Franz predicts continued growth for the company, and also offered a preview of its newest machines.

K 2010: More international, more new technology, and even (yes!) more business

By Matt Defosse
Published: June 15th, 2010

The K 2010 tradeshow again seems to fall at a near-perfect time, when processors' pent-up demand after little investment in 2008/09 will be given free reign at the single event that draws more plastics processing technology than any other.

Brazilian bottle blowmolding market boasts strong growth

By Tony Deligio
Published: June 14th, 2010

São Paulo—Propelled by carbonated soft drinks (CSD), health drinks, and most recently aseptically filled products like milk beverages, Brazil’s polyethylene terephthalate (PET) stretch blowmolding market is heating up, fueled by income gains for large segments of the fifth-most populous nation in the world that are making things like bottled water and soda newly accessible to everyday Brazilians.

Brazil looks beyond its domestic market to build national plastics industry

By Tony Deligio
Published: June 14th, 2010

São Paulo—Blessed with tremendous growth potential in its own backyard, Brazil's plastics converting industry isn't content to simply grow through the increasing demand of its own burgeoning domestic market, as leading producers teamed last week with the Brazilian government to promote their output beyond Brazil's shores and into the export market.

Names in the News: Genesis, D-S, W. Amsler, Teknor Apex, Total, CMAI, ACC, SST, and ACS

By PlasticsToday Staff
Published: June 14th, 2010

Radio frequency (RF) welded thermoplastic products manufacturer Genesis Plastics Welding (Indianapolis, IN) has promoted Tom Ryder to president and CEO. Through his 20-year career, Ryder has held a variety of leadership positions, including COO and VP sales and marketing for Genesis. The company says that under his leadership, Genesis's sales revenues have grown eight times over since 2002. Ryder succeeds Randolph (Dolph) Smith, who retired after serving as Genesis president and CEO for 17 years.

American Mold Builders Assn. awards $11,000 in scholarships

By PlasticsToday Staff
Published: June 14th, 2010

The American Mold Builders Assn. (AMBA) announced that the national office of the AMBA awarded $11,000 in scholarship funds for 2010. AMBA chapters awarded an additional $6500 in scholarship funds. Each year the AMBA national awards scholarships from its education fund to the dependants of AMBA member-shop employees.

The National Scholarship winners were:
$1000 to Hattie Nicole Willard, University of Central Missouri, daughter of Gary Steven Willard, engineer at Creative Blow Mold Tooling.

Netstal plans end to manufacture of fully hydraulic range

By MPW Staff
Published: June 11th, 2010

Executives at injection molding machine manufacturer Netstal Group (Näfels, Switzerland) announced this week at their company's pre-K2010 press conference that they see no future in full hydraulic machines, at least for the top end portion of the market that the company serves. As a result, Netstal gradually will end production of its traditional SynErgy family of equipment.

Petrochemicals’ index, high in April, on the slide since

By PlasticsToday Staff
Published: June 11th, 2010

Will the trend continue? After hitting a six-month high of $1262/tonne on April 12, the average daily price of Platts Global Petrochemical Index (PGPI) has fallen steadily with prices in May falling at a faster pace than April. The PGPI stood at $1064/tonne on May 28. First published by Platts in August 2007, the PGPI peaked at $1679/tonne on July 14, 2008 before plummeting to a low of $491/tonne on December 5, 2008.

KraussMaffei boss optimistic about present and future

By MPW Staff
Published: June 11th, 2010

With the business year three-quarters over for plastics processing machinery manufacturer KraussMaffei (Munich, Germany), company CEO Dietmar Straub predicts turnover this year will be similar or slightly better than in 2009. Last year the company had a turnover of €742 million and Straub expects this year's could come up to about €750 million, he told the press this week at the company's pre-K2010 press conference in Zurich, Switzerland.

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