Market News Platts: petrochemical prices fell slightly in October November 10, 2012 by plasticsinfomart Prices in the global petrochemicals market fell less than 1% to US$1,351 per metric ton (/mt) in October, according to the recent released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely used petrochemicals. This follows a 7.5% increase in September to an average of US$1,357/mt. But on a […] Read more »
Industry More extrusion lines at Davis-Standard’s Technical Center November 10, 2012 / March 8, 2017 by plasticsinfomart Davis-Standard’s Technical Center in Pawcatuck, the US is adding four-extruder coex sheet line; a high-tech medical tubing line in a clean room environment; and a high-speed extruder for Research & Development (R&D) projects with customers and in-house development. The high-speed extruder is already operational with the other two projects slated for completion by the end of […] Read more »
Industry Chinese government reforms boost medical devices market November 10, 2012 / March 8, 2017 by plasticsinfomart The medical devices market in China is forecast to grow at a Compound Annual Growth Rate (CAGR) of 11%, from $14.3 billion in 2011 to reach $30.4 billion in 2018. China’s huge and increasingly elderly population will be provided with strong healthcare infrastructure, international and domestic medical device companies will benefit from supplying Chinese government […] Read more »
Recycling News EU nations exceed plastic recycling goals November 10, 2012 by plasticsinfomart BRUSSELS : European countries recycled 33.6 percent of all its plastics packaging waste in 2011, surpassing the EU’s minimum requirement of 22.5 percent, as per the latest report “Plastics –The Facts 2012.” According to the report, European Union members, as well as Norway and Sweden, recovered 66.8 percent of plastic packaging waste last year. Some […] Read more »
Breaking News Maruti Suzuki installs plastic fuel tank in newly unveiled Swift November 10, 2012 by plasticsinfomart NEW DELHI: Maruti Suzuki India Ltd., an auto manufacturer, has installed a plastic fuel tank in the upgraded version of Swift, which has been unveiled this week. The surging fuel prices have impacted the sentiments in the automobile market in the country. The local automakers are now working with the aim to bring improvement in […] Read more »
Machinery News Delcam supports move to larger and more complex parts at dalau November 10, 2012 by plasticsinfomart In a move to enable the company to machine larger and more complex plastic parts to high levels of precision, dalau has added a new DMG machine, programmed with Delcam’s FeatureCAM feature-based CAM system, and a Hexagon inspection arm using PowerINSPECT inspection software. Founded as a family business in 1955, dalau, which is based in […] Read more »
Market News Middle Eastern producers revise down PE prices in the Mediterranean November 10, 2012 by plasticsinfomart Middle Eastern producers had revealed their initial November PE prices to the Turkish and Egyptian markets with rollovers to decreases since last week, as per the pricing service of ChemOrbis. This week, the regional producers’ offer levels started to alter. Apart from these, converters in Jordan also report similar pricing policies regarding the Middle Eastern […] Read more »
Processes Looking for a fast and efficient BOPET line? Choose Brückner as partner! November 10, 2012 by plasticsinfomart Zhejiang Shaoxing Huadong Packing can now satisfy their customers’ growing needs for high quality, value-added BOPET packaging films. Chinese film manufacturer Zhejiang Shaoxing Huadong Packing Co., Ltd. and Brückner have successfully started a new state-of-the-art BOPET packaging film production line together. Within a short time of start-up the 8.7 m wide line exceeded the speed […] Read more »
