Category Menu Product News Bowler posts solid results on strong demand March 14, 2011 by plasticsinfomart Plastic-packaging firm Bowler Metcalf is riding on a wave of strong demand for products in its quality beverage division. It delivered a strong set of interim results for the six months to December. Revenue rose 22.5 percent to R297 million from R242m in the period and increased earnings 32 percent to R37m from R28m in […] Read more »
Market News Oil Caps Its First Weekly Decline in a Month as Japan Quake Shuts Plants March 12, 2011 by plasticsinfomart Crude oil fell in New York, capping the first weekly drop in a month, after Japan’s strongest earthquake on record shut refineries and dissidents in Saudi Arabia failed to stage planned protests. Oil declined 1.5 percent after the 8.9-magnitude temblor unleashed a 7-meter (23-foot) tsunami that killed hundreds of people in the world’s third-largest oil-consuming […] Read more »
Market News Oil falls, recovers after Saudi shooting report March 11, 2011 by plasticsinfomart Oil prices tumbled nearly 3 percent Thursday before recovering on reports that Saudi police opened fire at a rally in the eastern part of the country. Benchmark West Texas Intermediate for April delivery fell below $101 on weak economic news from the U.S. and China, but rallied back quickly after the report from Saudi Arabia […] Read more »
Market News Russian Oil A Strategic Alternative Amid Middle-East Turmoil March 11, 2011 by plasticsinfomart Oil prices are always experiencinga little fluctuation. In the past few years, there have quite a few sudden rises in oil prices with a subsequent fall in the stock market. The London Brent has shown a rise above the coveted $110 a barrel mark for the first time in February 2011 after 2008. This […] Read more »
Category Menu Machinery News China's plastics machinery foreign trade in January March 11, 2011 by plasticsinfomart According to the latest statistics from China Customs, in January 2011, China imported 1,010 plastic processing machines at a value of US$180 million, while exports amounted to 4,895 units in volume or US$100 million in value, leading to a trade deficit of almost US$80 million. Injection molding machine continued to be the major product category […] Read more »
Category Menu Machinery News China’s plastics machinery foreign trade in January March 11, 2011 by plasticsinfomart According to the latest statistics from China Customs, in January 2011, China imported 1,010 plastic processing machines at a value of US$180 million, while exports amounted to 4,895 units in volume or US$100 million in value, leading to a trade deficit of almost US$80 million. Injection molding machine continued to be the major product category […] Read more »
End Markets Processes Teijin Establishes World's First Mass Production Technologies for Carbon Fiber Reinforced Plastic March 10, 2011 by plasticsinfomart Teijin Limited announced today that it has established the world’s first mass production technologies for carbon fiber reinforced plastic (CFRP), achieving a significant reduction of the cycle time required for molding automobile cabin frame to less than one minute. The breakthrough overcomes one of the biggest challenges in the industry and represents a long stride […] Read more »
End Markets Processes Teijin Establishes World’s First Mass Production Technologies for Carbon Fiber Reinforced Plastic March 10, 2011 by plasticsinfomart Teijin Limited announced today that it has established the world’s first mass production technologies for carbon fiber reinforced plastic (CFRP), achieving a significant reduction of the cycle time required for molding automobile cabin frame to less than one minute. The breakthrough overcomes one of the biggest challenges in the industry and represents a long stride […] Read more »