Monthly Archives: May 2009

Polymers remain unchanged

Polymer prices remained steady on the local plastic market in the national capital on Saturday on subdued demand from plastic bag makers and plastic moulding units. Traders said negligible enquiries from plastic bag and moulding units continued to kept prices steady. Following were today’s quotations in Rs per kg: LD No 40 -88.50.00, LD NoRead More

Steadier rubber market expected

MALAYSIAN rubber prices are likely to be firmer next week, tracking the rubber futures prices in regional markets, such as the Tokyo Commodity Exchange (TOCOM), dealers said. He said a short supply in the market would also continue to support prices next week as the rain was curbing tapping in Thailand and Indonesia. Another factorRead More

Sumitomo invests in Demag and sells out in India

Sumitomo (SHI) Demag is restructuring its moulding machine manufacturing network by selling its Indian joint venture stake and focusing its all-electric machine construction on Wiehe in Germany.      The Indian joint venture, with Larsen & Toubro, was set up in 2001 with the aim of building small and medium-size machines for the domestic market andRead More

Polymers continue to trade around previous level

The wholesale polymer prices today remained steady in the national capital on subdued demand from plastic bag makers and plastic moulding units. Traders said subdued demand from plastic bag and plastic moulding units mainly kept prices unchanged. Following were today&aposs quotations in Rs per kg:. LD No 40 -89.0000, LD No 400 – 9100 LLDPRead More

Kiefel introduces ECOFORMER KMV 53 E

Kiefel, a German plastics processing machinery supplier specialized in thermoforming, has recently launched the new ECOFORMER KMV 53 E. The forming air pressure of up to 5 bar ensures top-quality formed components, even in short production runs. The new ECOFORMER puts the accent on cost-effectiveness and best results in terms of production. Flexible adaptation ofRead More

Steer acquires China based company Zheng Feng

Steer, a globally acknowledged force in polymer processing machinery, has acquired Zheng Feng, a single screw pipeline manufacturer based in China. This acquisition will provide Steer with enhanced manufacturing and assembling capacities to speed up time-to-market single screw, twin screw, and R&D extruders. Steer’s foray into China marks a turning point in the company’s growth.Read More

Americhem Launches New Line of Chemical Blowing Agents

Americhem Inc., a global provider of custom color and additive solutions for polymer-based products, recently launched an expanded line of chemical blowing agents (CBAs) to the market under the brand name nCore™. “Americhem has taken the typical CBA to a whole new level with nCore™,” said Anna Ploplis Andrews, Ph.D., senior research scientist for Americhem.Read More

Dow Europe GmbH Announces Price Increase for Polyethylene Resins

Dow Europe GmbH is announcing a price increase across European, Middle Eastern, African and Indian regions for polyethylene (PE) resins, based on the continued raw material cost developments that the company is experiencing and the need to restore its margins. Effective June 1, 2009, or as contract terms allow, Dow Euope GmbH will increase pricesRead More