PlasticsToday Staff

Updated: Rapid’s Swedish operation to restructure finances

November 02, 2009

Rapid Granulator AB (Bredyard, Sweden) was granted a suspension of old debts by the District Court of Jönköping Sweden on Nov. 2, allowing a reconstruction procedure that under Swedish law permits the company to continue its business. Rapid Group CEO Rolf Gren stressed the move is not a declaration...

O’Neil plans 12-million-lb addition in Jasper

November 02, 2009

Materials, Compounding

PlasticsToday Staff

Additives and compounds supplier O’Neil Color & Compounding Corp. is expanding at its headquarters facility in Jasper, TN as part of a series of moves it says will add new capacity to the tune of 12 million lb per year, in large part a result of spiking demand for its TPE compounds.

TPE North American resin pricing, Oct. 26-30: PP, PS steady; PE up

November 02, 2009

Materials, Resin Pricing

PlasticsToday Staff

Polyethylene (PE) spot prices rebounded in the final week of October to mid-September levels, according to spot-trading platform, The Plastics Exchange (TPE), and its reporting partner, PetroChem Wire . Last week also saw the return of export interest, while processors digested fresh contract price...

New PET lidding film eases recycling

November 02, 2009

Materials

PlasticsToday Staff

Replacing multimaterial, coextruded lids is the aim of a new polyethylene terephthalate (PET) lidding film supplied by Rollprint Packaging Products Inc. (Addison, IL). The processor reckons the new lidding material will be of special attraction to packers using PET, since then the entire package...

Record amounts of PET and HDPE bottles recycled in 2008

November 02, 2009

Materials, Business

PlasticsToday Staff

Americans increased the total pounds of polyethylene terephthalate (PET) and high-density polyethylene (HDPE) plastic bottles they recycled by 75 million lb in 2008, pushing to a record total of more than 2.4 billion lb for the year. The potential for much greater reclamation remains, however, with...

Wittmann robots learn new tricks

November 02, 2009

PlasticsToday Staff

Processing sensitive materials and worried about your EOAT damaging the parts? Need to box parts from a molding machine into a moving box or container? Two new tools offered by this manufacturer help with both scenarios.

Custom conductive compounds cut signal noise in connectors

November 02, 2009

Materials, Compounding

PlasticsToday Staff

"By effectively reducing static charges, we're able to significantly improve the signal-to-noise ratio in our connectors and thus upgrade overall performance of devices," says Marty Ignasiak, president of Connectors Unlimited (Painesville, OH). The improvement was provided by custom conductive...

Additives: Schulle takes over from Meyer at Baerlocher

November 01, 2009

Materials, Business

PlasticsToday Staff

Additives supplier Baerlocher Group announced last Friday that Arne Schulle, currently managing director of subsidiary Baerlocher GmbH and the Group CFO, will succeed Felix Meyer as CEO of the Baerlocher Group, with the change to take effect January 1, 2010. The Baerlocher group of companies is a...

Nypro sells Chihuahua site to Fortis Plastics

October 29, 2009

Injection Molding, Business

PlasticsToday Staff

Contract manufacturer Nypro (Clinton, MA) has sold its Chihuahua, Mexico operation to New York based private equity fund Monomoy Capital Partners LP , which will roll the business into its Fortis Plastics LLC unit, a injection molding and extrusion business that formed in late 2008 through...

Names in the News: PTI’s Tom Brady recognized by SPE blowmolding group

October 29, 2009

Business

PlasticsToday Staff

Thomas Brady, founder of Plastic Technologies Inc. (PTI; Holland, OH), was recently awarded the 2009 Lifetime Achievement Award by the Society of Plastic Engineers’ (SPE) Blow Molding Division in recognition of achievements large and larger over the past decades.

PlasticsToday Staff

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