Breaking News Industry Polyplastics Establishes Sales Subsidiary in North America March 29, 2012 by plasticsinfomart Polyplastics Co., Ltd. announced on March 28 the launch of a wholly owned sales subsidiary in the U.S. state of Michigan to commence business on July 1, 2012. The new company was created to expand the volume of Polyplastics’ sales in the U.S. market and to conduct more intensified sales development targeted at customers in […] Read more »
Breaking News Recycling News Ocean County Expands Plastics Recycling Program March 29, 2012 by plasticsinfomart FROM PLASTIC BUCKETS to old lawn furniture, rigid plastics are the latest addition to Ocean County’s recycling stable. Following a pilot program in Lakewood Township where 13 tons of rigid plastics were collected in only three months, the county has decided to begin accepting the material at both the Northern Recycling Center in Lakewood and […] Read more »
Breaking News Product News Mitsubishi Pencil picks up 13.5% stake in Linc Pen & Plastics March 29, 2012 by plasticsinfomart KOLKATA: Japan-based Mitsubishi Pencil has acquired 13.5% stake in Linc Pen & Plastics for around Rs 20 crore. The Japanese company is mulling to produce pens out of India for its international market in the facilities of Linc, which has been disbursing Mitsubishi’s ‘Uni-ball’ range of pens in India for the last 20 years. Mitsubishi […] Read more »
Industry Internal GM Plan Foresees Plant Closures in Europe March 29, 2012 by plasticsinfomart It’s not all bad news these days about German automaker Opel, the European subsidiary of General Motors. The Rüsselsheim-based company has apparently developed a great car, the Astra GTC, a small coupé. A test driver from the Frankfurter Allgemeine Zeitung newspaper gave the new model a glowing review, describing it as a “talented” sports car […] Read more »
Breaking News Industry Clariant strengthens pigment production for Chinese manufacturers March 28, 2012 by plasticsinfomart Inauguration of new pigment preparations production plant in DaGang, in Tianjin city, China, to support growing regional market Clariant’s investment of CNY 120 million extends product-choice of high performance pigment and pigment preparation solutions Muttenz, March 27, 2012 – Clariant continues to expand its global production capabilities to support customers in the Greater China region, […] Read more »
Breaking News Market News Turkish players: PET prices are down on lower costs March 28, 2012 by plasticsinfomart Before rebounding last week, Asian and European feedstock markets recorded steady drops since the second week of March as per the pricing service of ChemOrbis. The previous softening in spot PX, PTA and MEG costs due to fluctuating energy prices has just found its reflection in Turkey’s PET market. Seeing retreating costs, converters who were […] Read more »
Breaking News Market News Nautical Petroleum upgrades Kraken oil resources into reserves March 27, 2012 by plasticsinfomart Nautical Petroleum (LON:NPE) today reported an upgrade of oil resources into reserves for the Kraken project in the North Sea. This result comes from an independent assessment of Kraken following last year’s successful appraisal well, which proved commercial flow rates. The field is now believed to contain 89 million barrels of proved reserves (1P), 167 million […] Read more »
Breaking News Product News With the biodegradable bottle cycling just got even greener! March 27, 2012 by plasticsinfomart Cycling isn’t just healthy and fun it’s also one of the key ways for developing sustainable transportation models for our increasingly congested cities filled with noise and atmospheric pollution. To make cycling even greener the Portuguese company Polisport has developed a bottle for cyclists which is also a friend to the environment. This bottle is […] Read more »
