Market News Spot ethylene under dual pressure in Asia March 8, 2013 by plasticsinfomart Ethylene prices in Asia are under dual pressure from the upstream and downstream chain with spot values having moved lower since the first day of March as per the pricing service of ChemOrbis. The losses of the energy complex along with a stable to soft sentiment in the downstream PE market are weighing down on the ethylene […] Read more »
Market News Oil eases ahead of US job figures March 8, 2013 by plasticsinfomart BANGKOK (AP) — The price of oil eased slightly Friday, reflecting caution as investors wait for the latest U.S. employment figures. eBenchmark oil for April delivery was down 24 cents to $91.33 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained $1.13 to finish at $91.56 […] Read more »
Recycling News Tougher export regulations and lower volumes challenge scrap industry worldwide: BIR March 8, 2013 by plasticsinfomart BRUSSELS: The BIR Non-Ferrous metals World Mirror- March 2013 predicts tightening export regulations and non-availability or lesser scrap volumes as the major threats to the industry going forward. The South African scrap industry is intensely concerned about the new government regulations regarding scrap exports. As per the new guidelines, any scrap must be offered to […] Read more »
Recycling News Restrictions on scrap exports may boomerang back on South Africa :ISRI March 8, 2013 by plasticsinfomart JOHANNESBURG : The Institute of Scrap Recycling Industries (ISRI) warns South Africa that any legislation to impose restrictions on scrap exports from the country may hit them back. This was conveyed to the South African Government via an open letter by Scott Horne-the Vice President of ISRI. There have been reports that the South African […] Read more »
Recycling News Blue cart recycling services to cover more households soon: Chicago Mayor March 8, 2013 by plasticsinfomart WASHINGTON : The Chicago Mayor Rahm Emanuel announced expansion of Blue cart recycling services in March and April this year to cover more households in Chicago city. According to him, as many as 131,000 households will start receiving blue cart recycling services in a couple of months. The expansion plans are part of the efforts […] Read more »
Machinery News A plastic pipe processing machinery showcase by Sica March 8, 2013 by plasticsinfomart Sica SpA, an Italian plastic pipe processing machinery supplier, will introduce its range of products to CHINAPLAS visitors that include: 1. A patent pending solution for swarfless cutting of any kind of plastic pipe (PVC, PE, PP); 2. A system for extending swarfless cutting even to HDPE and PP-R pipes with wall thickness up to […] Read more »
Category Menu Maag delivers tailor made screen changer filters for world's largest PET production line March 8, 2013 by plasticsinfomart Maag announced recently that it has delivered a tailor made screen changer filter design for world’s largest PET production line based on Uhde Inventa-Fischer’s MTR (Melt-To-Resin) process. Completed in 2012, the additional manufacturing facilities in the Middle East boost a total additional capacity of 500,000 tons of PET bottle grade resin per annum. The plants have […] Read more »
Industry Ticona to receive award for first thermoplastic composite used in helicopter production March 8, 2013 / March 8, 2017 by plasticsinfomart Ticona, the engineering polymers business of Celanese Corporation, will again receive a JEC Innovation Award for the first thermoplastic composite tailplane developed and put into production for a helicopter. It uses a composite prepreg made with Fortron polyphenylene sulfide (PPS). Together with Fokker Aerostructures, AgustaWestland and TenCate Aerospace Composites, Ticona will receive the Aeronautics category […] Read more »
