If the NAFTA renegotiation fails, it will be “most destructive to the United States, and the plastics industry, in particular,” according to Dwight Morgan, VP of Corporate Development for M. Holland Co. (Northbrook, IL).
The medical device manufacturer has filed a lawsuit alleging that Cytek (Fremont, CA) and several former BD employees stole secret technical specifications, source code, and designs related to the field of flow cytometry.
Blowmolded using OceanBound plastic from Envision Plastics Industries (Chino, CA), the bottle sports a metallic, pearlescent-effect finish enbled by the compounding expertise of Techmer PM (Clinton, TN).
If past cycles are any guide, we are overdue for a slowdown, yet M&A activity remains robust and shows no sign of declining. You can thank the baby boomers, the enduring popularity of plastic products, tax reform and attractive interest rates.
A global injection molder with toolmaking capabilities, Plastek (Erie, PA) has acquired Costapacking (Pirassununga, Brazil), which serves the food and beverage, personal care and home care industries of several Fortune 100 companies.
Scientists at the University of Sheffield in the UK have developed a polyurethane-based mesh embedded with estrogen. The material’s strength and elasticity make it a better fit than currently used polypropylene, and the estrogen promotes the formation of new blood vessels, accelerating healing.
High-molecular-weight polyethylene for film jumped $0.03/lb, as a major producer declared force majeure on this resin after more than a month of production issues. Meanwhile, injection-grade high-density polyethylene and linear low-density polyethylene butene both lost a little ground last week.