Monthly Archives: March 2011

OIL FUTURES: Crude Rises As Pro-Gadhafi Forces Advance In Libya

Crude-oil futures rose in Asia Thursday, as an advance by Libyan forces loyal to Col. Moammar Gadhafi raised the prospect of more air strikes, while a speech by the president of Syria looked likely to intensify tensions there. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $104.76Read More

Oil glut in Cushing and pipeline bottlenecks

North America has witnessed phenomenal growth in Oil supplies and is among the largest contributor to non-OPEC oil supply growth. However, pipeline bottlenecks have created problems for WTI sweet crude oil making it the cheapest Oil available due to the glut despite Libyan tensions pushing up oil prices globally. How long will WTI crude oilRead More

Recycling interest rises but R-PET supply is short

In the most memorable line from the 1987 film Wall Street, high-powered broker Gordon Gekko declares that “greed is good.” Demand trends in the recycled polyethylene terephthalate (R-PET) market suggest that large corporations think that Gekko was off by just one letter: the current mantra seems to be “green is good.” European R-PET demand hasRead More

Chen Hsong licenses Mitsubishi two-platen technology

One of the world’s leading injection molding machine suppliers by volume is taking a trip up the technology tree with its licensing of know-how and technology for large two-platen hydraulic injection molding machines from Japan’s Mitsubishi Heavy Industries Plastic Technology (Tokyo). Through this deal, Chen Hsong (Hong Kong) will apply Mitsubishi’s expertise in the manufactureRead More

Sabic Innovative Plastics’ Expression 2012 Palette Makes a Splash

Pittsfield, MA, March 29, 2011 –(PR.com)– The Expression 2012 color palette – created based on the ColorXpress Europe’s research into the latest industry color trends – features new colors such as retro hues of fuchsia, teal and orange; and versatile neutrals. The colorful new palette can be used in a range of SABIC Innovative PlasticsRead More

Eco-Products announces hot cup lid made with 25% post-consumer recycled content

US plastic container manufacturer Eco-Products, the nation’s leading brand of foodservice products made from renewable resources and recycled content, announces a new plastic cup lid made with recycled material for coffee shops, restaurants and office breakrooms. As introduced by the manufacturer, the “EcoLid 25” is the world’s first recycled content hot cup lid, containing 25%Read More

Interview Mr. Tushar Parikh – Director of Neoplast Eng. Pvt. Ltd.

Interview Mr. Tushar Parikh – Director of Neoplast Eng. Pvt. Ltd.

    Very Good evening, today we have Mr Tushar Parikh, Director Neoplast Eng. Pvt. Ltd., Ahmedabad, Gujarat, India Q. Sir I would like to start with your background first. Little bit about your qualification background and work experience. A:  I have done Bsc. with Chemistry and gone through the special Plastic Processing course fromRead More

BIC makes cool pencils using Axion Polymers’ recycled fridge plastic

If I say an exciting new pencil has recently hit the market, how would you react? Most of you would say a pencil is a pencil. There are hundreds of them making a debut every day, so what’s the big deal! But, renowned global stationery product manufacturer BIC promises stylish plastic pencils. Now, you wouldRead More

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