Category Menu Product News Bangladesh and other Asian countries eyeing growth in plastic products June 15, 2009 by plasticsinfomart During a recent plastic products market conference held in Dhaka, Bangladesh, there are opinions made by European attendees saying the consumption of plastic products have been shifting from developed countries to other Asian countries. For instance, there is soaring demand for plastic clothes hangers and other plastic products in Bangladesh, with market value closes to […] Read more »
Category Menu Product News More Kuwaiti PE on line June 15, 2009 by plasticsinfomart The Equate Kuwaiti petrochemicals joint venture between Petrochemical Industries Company, The Dow Chemical Company, Boubyan Petrochemicals Company and Qurain Petrochemical Industries Company has started up an expansion of polyethylene production. It has added 225,000 tonnes using the Union Carbide Unipol process, to bring its capacity up to 825,000 tonnes of HDPE and LLDPE. Source: britishplastics.co.uk Read more »
Market News TSX closes near 8-month high on energy rally June 13, 2009 by plasticsinfomart Toronto’s main stock index ended higher on Thursday as its weighty energy sector drew support from another rise in oil prices, helping the TSX reach its highest level in nearly eight months. Shares of energy companies did much of the session’s heavy lifting as oil prices extended their three-day rally, topping $73 a barrel, on […] Read more »
Category Menu Product News Shinil Chemical Industry to showcase Innovative ESD… June 13, 2009 by plasticsinfomart Shinil Chemical Industry CO. LTD will exhibit new protective Electrostatic Discharge (ESD) packaging for semiconductor and automotive industries based on Nanocyl multi-wall carbon nanotubes during the NPE , June 22-26, 2009, McCormick Place, South Hall, Chicago, Illinois. The cost-performance of Nanocyl 7000, combined with Shinil’s proprietary dispersion technology and know-how in compounding, is enabling products […] Read more »
Category Menu Product News Americhem Creates New Additive to Shorten Cycle Time June 13, 2009 by plasticsinfomart Americhem Inc., a global provider of custom color and additive solutions for polymer-based products, recently developed xCelmax™, a new cycle time reduction additive that shortens production time, increases efficiencies and improves overall end product quality. “xCelmax™ acts as a cooling agent, increasing the crystallization temperature of a polymer,” said Chris Miller, R&D technology leader for […] Read more »
Market News Polymers turn weak on reduced offtake June 12, 2009 by plasticsinfomart June 11 Low density polymer today traded marginally lower by paise 50 per kg in the national capital due to reduced offtake from plastic bag makers and moulding units. Traders said reduced offtake from plastic bag makers and plastic moulding units mainly led to fall in low density polymer prices. Low density (LD) NO 40 […] Read more »
Market News PET: Contract prices rise EUR 30/t in May June 12, 2009 by plasticsinfomart Contract prices for PET packaging resins rose by EUR 30/t on average in May, with momentum increasing slightly over the month, says the newsletter Plastics Information Europe (PIE, Bad Homburg / Germany; www.pieweb.com). The North American picture was similar, although increasing Asian imports pressured notations. Questions about the strength of the seasonal demand revival make […] Read more »
Category Menu Machinery News Sumitomo-Demag to launch new all-electric variant type June 12, 2009 by plasticsinfomart Sumitomo (SHI) Demag Plastics Machinery GmbH, a Japanese/German manufacturer of injection molding machines, is about to launch its IntElect all-electric injection molding machine of the new “Smart” configuration level. The “Smart” configuration package includes the drive technology with energy-efficient direct drives developed by Sumitomo that has been especially tailored to the requirements of injection molding […] Read more »