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Middle Eastern producers have been revealing the production status of their PP, PE plants in recent days one after another, as per the pricing service of ChemOrbis. Some have restarted their plants while there are more planning shutdowns or keeping plants shut, according to market players. Early this week, Saudi Arabia’s National Petrochemical Industrial Company
The world demand for caps and closures is projected to rise 5.3% per year to reach $46 billion in 2016, according to a new study from The Freedonia Group.The study cites value gains will be supported by raw material price increases and greater use of value-added closures such as dispensing, child-resistant and tamper-evident types. In
Gerresheimer, a major German-based plastics supplier to the medical and pharmaceutical markets, plans to build a 120,000-sq-ft addition to its production site in Peachtree City, GA in the near future and another 64,000 sq. ft at a later date. The company currently operates 20 injection molding machines in a 61,000-sq-ft building in Peachtree City that
Switzerland-based chemicals company Clariant announced its full year sales 2012 from continuing operations was CHF 6.038 billion, an 8% increase compared to CHF 5.571 billion in the previous year period.According to its statement, the 8% increase was driven by the acquisition of Süd-Chemie, while organic growth was flat with 2% higher prices offsetting lower volumes.
High performance thermoplastics supplier LATI has developed a new base resin for applications that come into contact with hot and cold water. This new aromatic polyamide (PPA) is known as LATIGLOSS 57. Compared to PA66, PPA provides strong resistance to hydrolytic and extractive action of hot water, even in the case of prolonged exposure over time,
Italian plastics machinery supplier ICMA SAN GIORGIO is hosting a three-way Open House along with Filtec (Italy) and Ettlinger (Germany) at its offices in San Giorgio su Legnano, near Milan, on February 19-20The three companies specialize in their respective fields: recycling-compounding, filtration systems and cutting devices. Three systems are presented which, when working in combination,
The European machinery industry welcomes the European Commission’s Safety & Market Surveillance Package presented on February 13, says a joint statement released by the Committee of European Construction Equipment (CECE), the European Association of the Machine Tool Industries (CECIMO), the European association representing the agricultural machinery industry (CEMA), the European Materials Handling Federation (CEMA) and