Equipment is a minor expense compared with materials, as articulated in the 6-1-2-1 rule of cost distribution: 60% materials, 10% equipment, 20% direct labor and 10% everything else, including power, packaging and insurance.
Merger and acquisition (M&A) activity in the plastics industry has been consistently strong for the past three years, with about 100 deals a quarter, according to advisory firm Stout.
The two-day seminar will cover topics involving process equipment, die design properties and more.
The dual-resin line features a J-stack configuration with roll-skewing and electric gap adjustment under full hydraulic load.
The sheets business is not a strategic fit for its polycarbonates segment in the long run, said Covestro (Leverkusen, Germany).
Acquisition allows German group to extend product offering and strengthen its position in the U.S. plastics market.
Asia Pacific is the largest market for automotive films, but strict laws in India on tinted windows of public vehicles to protect women are expected to hinder market growth.
Soil micro-organisms are shown to colonize and degrade plastic film composed of the synthetic polyester PBAT.