Category Menu Machinery News Georg Schwarz in the Plastics Hall of Fame July 17, 2009 by plasticsinfomart Georg Schwarz, the owner of injection molding machine supplier Engel Austria GmbH, has received a very special accolade at the NPE 2009 in Chicago where his name was added to the “Plastics Hall of Fame”. The Plastics Academy Hall of Fame has honoured personalities who have made substantial contributions to the growth and success of […] Read more »
Category Menu Machinery News Engel 'acts like a bank' with loans to buy its machines July 17, 2009 by plasticsinfomart In addition to the finance packages from Deutsche Leasing which Engel explained to its customers at the technical symposium it held in Austria at the end of May the company is also now using its independent family-owned status to help its customers raise money to buy its injection moulding machines. Subject to the usual […] Read more »
Market News OPEC sees demand for its oil falling further in 2010 July 16, 2009 by plasticsinfomart World demand for OPEC’s oil will fall in 2010, the producer group said on Tuesday, citing increased supplies from non-member countries and the sluggish pace of global economic recovery. The Organization of the Petroleum Exporting Countries said demand for its crude would average 28.11 million barrels per day (bpd) in 2010, down 380,000 bpd from […] Read more »
Market News Low density polymer rises on better demand July 16, 2009 by plasticsinfomart Barring rise in low density, polymers generally remained unchanged in the national capital today in the absence of any worthwhile activity. Traders said pick up in demand from plastic bag makers helped low density (LD) polymer prices to rise. LD NO 40 and LD No 400 polymers were up by Rs 1 each at Rs […] Read more »
Market News LME open outcry plastics trading expected to cease July 16, 2009 by plasticsinfomart The London Metal Exchange (LME) is likely to accept advice from its members to cease open outcry or “ring trading” of plastics futures later this week, industry sources said on Monday. The LME had proposed the change to focus the contracts on its inter-member electronic trading platform LME Select and the inter-dealer telephone market.Trading on […] Read more »
Market News China’s PE, PP buy-sell ideas widen on mixed outlook July 16, 2009 by plasticsinfomart The buy-sell ideas for polyethylene (PE) and (PP) in China have widened due to diverse views on the potential impact of feedstock costs and imminent capacity additions in the country and Saudi Arabia, sources said on Wednesday. The gap between buy-sell ideas was at least $50/tonne (€36/tonne) for most PE and PP grades for August […] Read more »
Category Menu Product News Quadrant extends colors for Radel PPSU LSG stock shapes July 16, 2009 by plasticsinfomart Quadrant Engineering Plastic Products, a manufacturer of engineering plastics in stock shapes for machining, has introduced additional standard colors to its Radel PPSU (polyphenylsulfone) Life Science Grade (LSG) portfolio. All Quadrant Radel PPSU LSG stock shapes are certified biocompatible according to ISO 10993, giving designers the confidence that their finished products will successfully past testing […] Read more »
Category Menu Product News Reusable packaging to be tested in supermarkets and DIY stores July 16, 2009 by plasticsinfomart Trials are planned in supermarkets and do-it-yourself stores this year to test the practicality and consumer acceptance of reusable packaging. WRAP (the Waste & Resources Action Programme) is working with Asda, Crown Paints, B&Q, STFI-Packforsk Edge, McBrides, CEVA Logistics and Parcelforce to explore how reusable and refillable systems may help the retail supply chain reduce […] Read more »