Industry Thermoformed tray enables crop waste-based packaging January 12, 2012 / March 8, 2017 by plasticsinfomart Sustainable packaging upstart Ecovative Design LLC has received tremendous attention over the past year for its disruptive technology introduction of protective packaging materials grown from agricultural byproducts bound together by mycelium, or mushroom “roots.” As Sam Harrington, Ecovative sales and marketing, told Packaging World last summer after winning a 2011 Greener Package Award, “The materials […] Read more »
Breaking News Processes Magna raises sales outlook for 2012 January 12, 2012 by plasticsinfomart Canada’s Magna International Inc., one of the world’s biggest auto parts manufacturers, is raising sales predictions by as much as eight per cent in 2012 as it looks to new markets for growth. For full year 2012, Aurora, Ont.-based Magna – which reports in U.S. dollars – expects total sales to be between $27.8 billion […] Read more »
Breaking News Material News Supermarkets in China continue to use banned plastics January 12, 2012 / May 9, 2017 by plasticsinfomart The new research was conducted by the International Food Packaging Association. In the last six months, the agency visited nearly 46 supermarkets in Beijing, Shanghai and Shenzhen, where it found that almost one in five supermarkets were still using plastic wrapping made of PVC for fresh meat and cooked food, Chinadaily.com reported. China banned the […] Read more »
Breaking News Industry ADNOC & its Group of Companies look toward a distinctly active participation at the World Future Energy Summit 2012 January 12, 2012 by plasticsinfomart Abu Dhabi National Oil Company (ADNOC) and its Group of Companies are participating, as an associate sponsor, in the World Future Energy Summit (WFES) 2012, which will kick off under the patronage of H.H. General Sheikh Mohammed Bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, […] Read more »
Market News Oil below $102 as Iran oil embargo talks falter January 11, 2012 by plasticsinfomart Malaysia – Oil prices hovered above $102 a barrel Wednesday in Asia as the European Union’s efforts to block imports of Iranian oil appear to be stalling. Benchmark crude for February delivery dropped 3 cents to $102.21 a barrel at midday Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract […] Read more »
Recycling News Ford Announces New Water Conservation, Plastics Recycling Initiatives January 11, 2012 by plasticsinfomart While eco-conscious consumers consider the latest electric, hybrid and other high-mileage vehicles, Ford Motor Company has launched two new initiatives aimed at improving the sustainability of its manufacturing operations. Last week, the company announced that its 2012 Focus Electric will be the first of several upcoming models to feature seats made of recycled plastic bottles. […] Read more »
Machinery News Look for high-efficiency medical systems at NPE 2012 January 11, 2012 by plasticsinfomart One of the interesting medical demonstrations at NPE 2012 will be molding of components in a multi-cavity mold for SHL, a major Swedish producer of drug delivery devices. It will be representative of one of the medical market trends to look for at this year’s NPE: An increasing emphasis on technologies that help reduce costs. […] Read more »
Industry Processes Global Plastic Packaging Materials and Products Market to Reach US$262.6 Billion by 2015… January 11, 2012 by plasticsinfomart Following a brief lull during the onset of worldwide recession, demand for plastic packaging rebounded due to the rising demand from the food and beverage and consumer retail products sector. Plastic materials are fast becoming the preferred choice of manufacturers for packaging new products. With the development of stronger and cost-effective materials with improved barrier […] Read more »