Market News Oil rises to near $98 in Asia amid weaker dollar May 18, 2011 by plasticsinfomart Oil prices rose to near $98 a barrel Wednesday in Asia as the dollar weakened and a crude supply report showed mixed signs about U.S. demand. Benchmark crude for June delivery was up 96 cents to $97.87 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost […] Read more »
Category Menu Product News Long Beach Council poised to ban plastic bags. May 18, 2011 by plasticsinfomart Plastic bags may soon go the way of the dinosaur in Long Beach. The City Council is expected to approve a ban on the distribution of the bags at stores Tuesday, several months after voting to have the City Attorney’s Office draft the law. The ordinance is based on one that is going into effect […] Read more »
Category Menu Machinery News Magplastic launches flexible PET bottle blowing machines for the Indian market May 18, 2011 by plasticsinfomart Specialist stretch blow moulding machinery manufacturer Magplastic (Switzerland), part of the SIH Group, has launched what claims to be one of the most flexible PET bottle blowing machines available, capable of producing bottles in a wide variety of sizes from 40ml to 2 litres. The new SSB03i was developed specifically to cater for the demands […] Read more »
End Markets Processes UAE finalizes systems in making plastic bags biodegradable by 2013 May 16, 2011 by plasticsinfomart The UAE has finalized the systems and processes in making plastic bags in the country biodegradable over the next two years. All providers and suppliers of Oxo-Biodegradable additives – ingredients that will enable plastic bags to degrade quickly – need to be verified and approved by ESMA before they can deal with plastic manufacturers and […] Read more »
Environment Recycling News PETsleeve ratified by four waste recyclers May 14, 2011 by plasticsinfomart The PETsleeve, founded on TPE-G and -S films, has just been ratified by four leading waste collection and recycling companies: Cleanaway in the UK, Unisort in Germany, Returpack in Sweden and Visy in Australia. As said, real-life trials carried out on standard bottles for fizzy and pasteurised drinks in the recycling circuits of these four […] Read more »
Market News Oil rises to near $100 as US dollar weakens May 13, 2011 by plasticsinfomart Oil prices rose to near $100 a barrel Friday in Asia as the U.S. dollar weakened, making commodities such as crude cheaper for investors with other currencies. Benchmark crude for June delivery was up $1.01 to $99.98 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract […] Read more »
End Markets Processes Positive Outlook for Plastics to Fuel Technology in U.S. May 13, 2011 by plasticsinfomart The American Chemistry Council has published a study conducted by environmental consultancy, 4R Sustainability Inc., on increasing opportunities for plastics to fuel “conversion technologies” in the U.S. In 2009, the United States recycled over 4 billion pounds (1.8 million tonnes) of plastics. The report demonstrates the ability to recycle and recover plastics through technologies including […] Read more »
Environment Recycling News Detectives Dig Into Plastics Recycling Crime Ring, Recover $1.3M in Stolen Property May 13, 2011 by plasticsinfomart Los Angeles County Sheriff’s deputies out of the department’s Industry station announced progress in a three-year investigation into crime rings specializing in recycling and selling stolen plastic containers. Los Angeles County Sheriff’s investigators announced Wednesday the recovery of around $1.3 million in stolen plastic containers, boxes, and crates found at businesses throughout the San Gabriel […] Read more »