Breaking News Market News Global plastic packaging market expected to hit $196.42 billion January 24, 2012 by plasticsinfomart The Plastic Packaging Market 2012-2022 is Visiongain’s new materials report for readers globally. Although the overall packaging industry was severely impacted by the economic recession, the plastic packaging market is gradually gaining significance through the latest technologies and enhanced products in the vast global packaging industry. The global plastic packaging market is a steadily growing […] Read more »
Breaking News Material News Industry Faces New Burdens as Banned Chemicals List is Tripled January 24, 2012 / May 9, 2017 by plasticsinfomart Manufacturers and Distributors across a broad range of industries which place products on the EU market face “significant” extra costs under EU proposals to nearly triple the number of banned chemicals. There are currently six substances outlawed in the EU. However, the European Chemicals Agency has recommended to the EU Commission adding a further 13 […] Read more »
Category Menu Nestlé develops ‘frustration-free’ packaging January 23, 2012 by plasticsinfomart The food and drinks giant said it is using a process called ‘Inclusive Design’ to help make its packaging easy to open. The initiative was established by the University of Cambridge. Nestlé said it was the first food and beverage company to adopt this method following its partnership with the university in 2009. Companies can […] Read more »
Breaking News CHINAPLAS 2012 to focus on latest energy-efficient LED solutions January 23, 2012 by plasticsinfomart In recent years, coal shortage has led to tight power supply in China, particularly at peak summer season. At present, lighting consumes about 20% of the country’s overall electricity supply. Reducing power consumption of lighting would mean a significant part of China’s attempt to save energy. Light emitting diode (LED), due to its energy efficient […] Read more »
Breaking News Market News Oil falls to near $98 amid Greece debt deal talks January 23, 2012 by plasticsinfomart Oil fell to near $98 a barrel Monday in Asia as the crude market waited for the outcome of Greece’s negotiations with creditors on a deal to cut the face value of its debt by half. Benchmark crude for March delivery was down 15 cents at $98.19 a barrel at late afternoon Bangkok time in […] Read more »
Breaking News Material News Higher costs keep ABS sentiment firm in Italy, Turkey January 23, 2012 by plasticsinfomart ABS sentiment is bullish in both Italy and Turkey as stronger global trends and steadily rising feedstock costs are pushing prices higher in spite of buyers’ resistance to firmer offer levels as per the pricing service of ChemOrbis. Buyers in both countries are bracing for further price hike announcements for February as feedstock prices have […] Read more »
Breaking News Product News Lanxess subsidiary to build new rubber additives and release agents plant in Russia January 23, 2012 by plasticsinfomart Lanxess announced on January 17 that its subsidiary company Rhein Chemie will build a new rubber additives and release agents production plant in Lipezk, Russia for the automotive and tire industries. Construction of the new plant will begin early this year, and production is expected to start in the first half of 2013, where Rhein […] Read more »
Industry NSF named administrator of BPI Certified Compostable program January 23, 2012 by plasticsinfomart In its January 11 press release, global independent public health organization NSF International announced that it is named by Biodegradable Products Institute (BPI) of the US as the new administrator of the latter’s Certified Compostable program. NSF will administer the BPI program through its NSF Sustainability division, which provides testing and verification of environmental claims […] Read more »