End Markets Processes MEDICAL GRADE PVC COMPOUNDING LINE June 10, 2009 by plasticsinfomart ICMA_PVC_MEDICAL GRADE.pdf Read more »
Environment Recycling News Edge Trim Recycling Plant June 10, 2009 by plasticsinfomart Panchal is launching its ET-50 (20-25 kg/hr) recycling system for process waste. at Plastindia-2009. The latest introduction to the Panchal range of reprocessing solutions, the ET-50 aims to bring the cost-saving and quality advantages of Panchal technology to a broader customer base by reducing both the purchase price and operating costs. At a time when […] Read more »
Market News Canada export agency sees $70 oil as unsustainable June 9, 2009 by plasticsinfomart Canada’s export agency has raised its 2009 oil price forecast, based on recent gains, but its chief economist said on Tuesday he does not believe the fundamentals support current levels just shy of $70 a barrel. Export Development Canada, a federal financing agency, now sees an average price for West Texas Intermediate oil of about […] Read more »
Market News Stone Energy to offer additional shares to pay debt June 9, 2009 by plasticsinfomart Independent oil and gas company Stone Energy Corp (SGY.N) said it has commenced a public offering of 6 million shares of its common stock, the proceeds of which it may use to reduce debt under its credit facility. The company added the underwriters will have a 30-day option to buy up to 0.9 million additional […] Read more »
Market News Crude surge spurs oil M&A as firms smell recovery June 9, 2009 by plasticsinfomart A jump in oil prices in recent weeks on hopes of a global economic recovery is spurring oil companies to move on takeover opportunities before assets become too expensive again. On Tuesday, UK-listed oil Heritage Oil (HOIL.L) said it was merging with Turkey’s Genel Energy to create a $5.5 billion group focused on Iraq’s Kurdistan […] Read more »
Market News Crude surge spurs oil M&A as firms smell recovery June 9, 2009 by plasticsinfomart A jump in oil prices in recent weeks on hopes of a global economic recovery is spurring oil companies to move on takeover opportunities before assets become too expensive again. On Tuesday, UK-listed oil Heritage Oil (HOIL.L) said it was merging with Turkey’s Genel Energy to create a $5.5 billion group focused on Iraq’s Kurdistan […] Read more »
Category Menu Machinery News More than 2,000 visitors attended ENGEL Symposium June 9, 2009 by plasticsinfomart One May 27 to 28, more than 2,000 guests from 45 countries followed the invitation by the Austrian injection molding machine manufacturer ENGEL to share the success of the ENGEL Symposium held at St. Valentin and Linz, Austria. The number of attendees is a new record. During the event, ENGEL presented 17 innovative exhibits that […] Read more »
Category Menu Machinery News Sumitomo continues to invest despite crisis June 9, 2009 by plasticsinfomart The Wiehe, Germany, based production facility of injection molding machine specialist Sumitomo (SHI) Demag Plastics Machinery GmbH will be turned into a major manufacturing base for all-electric injection molding machines within Sumitomo Heavy Industries. Besides the new all-electric IntElect for the European market, the Japanese-German IMM-manufacturer, with European headquarters in Schwaig near Nuremberg, will produce […] Read more »