Monthly Archives: July 2011

Oil drops near $96 after weak US GDP report

Oil fell nearly 2 percent Friday as investors grew uneasy about the U.S. economy’s ability to grow significantly and the Congress’ ability to act decisively to prevent a default on the nation’s debt. This morning the U.S. government said the economy expanded at a meager 1.3 percent annual rate in the second quarter after barelyRead More

Chevron rides high oil prices to 43% 2Q profit

Chevron Corp., the second-largest U.S. oil company, booked a 43 percent jump in quarterly profit, beating estimates as high oil prices and fat refinery margins offset weaker output. The numbers out Friday were the latest in a string of huge profits from the industry, which got a boost from the highest oil prices in nearlyRead More

Sealaska operation making new Brita water bottle

Representatives of Brita and Clorox are meeting with Sealaska Corp.’s board today to review the recent launch of a new Brita filtered water bottle manufactured by a Sealaska subsidiary. “I’m really thrilled about the launch,” said Kate Barkelew, senior sourcing manager for The Clorox Co., which owns Brita. Representatives of the three companies met withRead More

Innovators in Plastic Recycling Awarded

The American Chemistry Council announced the very first winners of their Innovation in Plastics Recycling Awards. “We wanted to call attention to the advancements and innovative thinking going on in plastics recycling,” said Steve Russell, Vice President of Plastics for the ACC. “As we looked closely, these three companies really rose to the top.” AxionRead More

UFP Technologies launches BioShell suspension pack for medical packaging

UFP Technologies, a US-based designer and supplier of foams, plastics, and natural fiber products, announced its next generation protecting single-use biopharmaceutical bags. The BioShell Suspension Pack advances bag protection with a universal storage container protecting contents within a cushion of air. The first generation of the product, launched in 2009, was an innovative solution forRead More

Sealed Air Cryovac offers frozen fish packaging solution to Italian firm

Allogel SRL, an Italian company specialized in importing and packing high quality fish products, has installed the Darfresh 3-webs for packaging frozen fish made by Sealed Air Cryovac Inc, a worldwide packaging solutions provider and subsidiary company of Sealed Air Corporation, the company announced on July 28. The Darfresh 3-webs and the Darfresh R275CD machineRead More

Starlinger provides extrusion machinery for Saudi Arabia packaging company

Starlinger Austria, one of the leaders in machinery and process technology for woven plastic sack production, recently announced it supplies the equipment for the new facility that is setting up in the Industrial City in Jeddah, Saudi Arabia for United Accredited Company (UAC), a subsidiary of Alamoudi Group (MIDROC) based in Saudi Arabia. The providedRead More

Sacmi introduces PVC-free liners

Italian packaging machinery manufacturer Sacmi has developed a new PMA24L that inserts “PVC-free” liners in metal caps. The latest innovation is called PMA24L – acronym for “Plasmatic for metal for ring-shaped liners with 24 moulds and large caps”, whose prototype has undergone testing since mid 2010. It is natural for a company already a pioneerRead More