Market News Crude oil holds at $87 September 10, 2011 by plasticsinfomart Crude oil prices slid overnight, then held steady Friday after President Barack Obama proposed a $447 billion economic stimulus bill. Stocks were down in Asia and Europe Friday and closed sharply lower on Wall Street, as investors failed to react with confidence to the president’s plan. October delivery West Texas Intermediate crude oil prices on […] Read more »
Market News Oil down 2 pct. on Europe debt concerns September 10, 2011 by plasticsinfomart Oil and gasoline futures tumbled Friday on growing concerns about Europe’s economy. If the slide continues, it could pull down the average gasoline pump price from a record high for this time of year. Benchmark crude fell $1.81, or 2 percent, to finish at $87.24 per barrel in New York. Brent crude lost $1.78 to […] Read more »
Category Menu Machinery News Tennessee ropes in auto investment September 10, 2011 by plasticsinfomart Japan’s Sekisui Plastics (Osaka) became the third company in the space of two days to announce a major investment in automotive plastic components in the state of Tennessee when it announced plans to invest $3 million in a second manufacturing facility for foam plastics, primarily used in automotive safety components, in Mount Pleasant on August […] Read more »
Environment Recycling News SITA gets go-ahead for waste plastic-to-diesel facility September 10, 2011 by plasticsinfomart The proposals were approved by Bristol city council’s Development control (North) committee yesterday (September 7) and will also involve doubling the capacity of an existing material recycling facility at the same time from 40,000 tonnes-a-year to 80,000 tonnes-a-year. The project, which is known as the ‘Bristol Resource Recovery Park’, will also include a gasification facility […] Read more »
Category Menu Product News Wacker to exhibit new biocompatible silicone adhesive Silpuran 4200 at Compamed September 10, 2011 by plasticsinfomart Wacker AG, a specialty chemical provider based in Germany, announced on September 5 that it will present the newly developed biocompatible silicone adhesive, Silpuran 4200, at Compamed 2011 which will be held in Düsseldorf, Germany from November 16-18. Silpuran 4200 is formulated with a new catalyst that does not use organotin compounds, making it particularly […] Read more »
End Markets Processes Rampf Dosiertechnik to build extension at Zimmern site September 10, 2011 by plasticsinfomart The Rampf Group, a Germany-based supplier of system solutions for plastics processing, announced on September 7 that the company signed building contracts for an extension to be built at the original Zimmern, Germany plant on August 23. The building is for Rampf Dosiertechnik GmbH & Co KG, a manufacturer of low-pressure mixing and dispensing systems, […] Read more »
Category Menu Machinery News TOUGH NEW PVC / TPU COMPOUNDS FOR INDUSTRIAL CABLE WITHSTAND AGGRESSIVE ENVIRONMENTS September 10, 2011 by plasticsinfomart Two jacketing compounds based on blends of polyvinyl chloride (PVC) and thermoplastic polyurethane (TPU) provide outstanding resistance to the aggressive end-use conditions often encountered by industrial cables, it was announced today by Teknor Apex Company. The compounds will be introduced at Wire Southeast Asia in Bangkok next week by Teknor Apex Asia Pacific Pte Ltd. […] Read more »
End Markets Processes Plastic and paper bag ban proposed for Los Angeles September 8, 2011 by plasticsinfomart Paper or plastic? For shoppers in Los Angeles, the choice may soon be neither. Hoping to reduce the billions of grocery bags circulating throughout the city, an L.A. councilman Tuesday called for a sweeping ban on single-use paper and plastic bags. By including paper bags in the ban, the proposal goes beyond similar measures taken […] Read more »