Monthly Archives: August 2015

PP price

Local homo- PP regains premium over imports in China

Local homo- PP regains premium over imports in China

In China, local and import PP prices have been trading almost on par since late March. According to ChemOrbis Price Wizard, this situation has started to change over the past two to three weeks and the locally held prices regained their premium over imports. Import homo-PP prices  have been under downward pressure coming from theRead More

plastic extrusion machinery

Sigma Stretch Film purchases new line from SML

Sigma Stretch Film, one of the largest stretch film producers in North America, has ordered a new production line from Austria-based SML. The line, due to be delivered in the first half of 2016, will be installed in Sigma’s Riverside, California plant, where a new 112,000sqft warehouse is built to accommodate future growth. Mark Teo,Read More

global plastics industry

2015 Global Plastics Summit to take place in Chicago the coming October

SPI: The Plastics Industry Trade Association and IHS Chemical will join forces again this year to present the executive level Global Plastics Summit (GPS), which takes place in Chicago, the US from October 28-30. The 2015 Global Plastics Summit will focus on the impact of new forces affecting the global plastics industry – including theRead More

Plastic Machinery

Spanish automotive OEM selects Oerlikon’s ePD surface technology for metallic coatings

Zanini Auto Grup in Spain has installed its first automated Paint Line, the INUBIA P6 system from Oerlikon Balzers for UV lacquer coating of plastics components. With the new INUBIA P6 equipment, Zanini will be able to supply coatings based on ePD technology licensed from Oerlikon Balzers. “We see this as the beginning of aRead More

Plastic Recycling

Global recycled plastics market forecast to grow till end of decade

Recycled plastics are materials which go under the process of recovering waste plastic and reprocessing the material into useful products. In some cases, these finished products tend to be different in form from their original state. These plastics are also recycled during the production of plastic goods such as polyethylene bags and films. A partRead More

PP price

Players in Italy’s PP market express bearish expectations for September

Accordin to ChemOrbis, players in Italy started to express their expectations for September after they returned back to their desks following their summer holidays. These expectations called for the continuation of the current downward trend for another month given weak demand and lower upstream costs stemming from weakening crude oil prices. At the beginning ofRead More

Plastic Recycling

Thailand introduces moratorium on use of plastic bags

Thailand retail shops will not distribute plastic bags on 15th of every month. The country considers this as the first small step towards achieving plastic-free nation. BEIJING : As part of its efforts to become a plastic-free nation, Thailand has introduced moratorium on use of single-use plastic bags. According to the agreement between the governmentRead More