Market News Waiting mood prevails in polymer markets October 6, 2012 by plasticsinfomart Increasingly more buyers appear to have taken a wait and see stance this week due to several reasons including volatile crude oil prices, poor end product markets, political tensions and, most importantly, the absence of the Chinese market, as per the pricing service of ChemOrbis. Crude oil futures on NYMEX posted a daily loss of more […] Read more »
Industry Advamed leaders target federal excise tax October 5, 2012 by plasticsinfomart Advamed leaders target federal excise tax Officers of the Advanced Medical Technology Association opened Advamed 2012 in Boston this week with guns blazing at the federal excise tax on medical devices scheduled to take effect Jan. 1. They said they endorse a third-party report that 43,000 jobs could be lost due to 2.3% excise tax, […] Read more »
Product News Thermally conductive compounds reduce vehicle weight via metal replacement October 5, 2012 by plasticsinfomart US compounder RTP Company (Winona, MN) has introduced new thermally conductive compounds targeted at replacing metal components in automotive heating and cooling systems. The new products have been specially formulated to increase the thermal management design options available to automotive industry engineers as they strive to reduce vehicle weight in order to improve fuel efficiency. […] Read more »
Material News Green Matter: Is whey the way to go? October 5, 2012 by plasticsinfomart Bio-based materials come from numerous different sources. Examples abound of materials derived from starch, sugar, castor oil, lignin – you name it. What I hadn’t yet run across, at least not up until now, was whey. Whey is a by-product of cheese making that is formed when the cheese curds separate from the milk or cream […] Read more »
Industry Scientex to buy GW Plastics Holdings Berhad units; looks to create a plastic packaging powerhouse October 5, 2012 by plasticsinfomart Malaysian plastics processor Scientex Berhad has proposed to acquire the core businesses of GW Plastics Holdings Berhad (GW) for RM 283.2 million (USD 92.7 million) in a deal the company said will create one of the world’s largest plastic packaging players. The buy, which is being funded by a combination of internally generated funds and […] Read more »
Industry Turkey and Taiwan plastics industries sign MOU October 5, 2012 by plasticsinfomart Taipei, Taiwan – A memoriam of understanding (MOU) between the Turkish Plastics Industry Association (PAGEV) and the Taiwan External Trade Development Council (TAITRA) was signed the first day of Taipei Plas 2012 (Sept. 21-25; Nangang Exhibition Hall). The MOU means that the organizations will help promote one another’s events and help to build contacts between the […] Read more »
Industry A Vibrant Composites Industry Gathers At a Full JEC Americas in Boston, November 7-9, 2012 October 5, 2012 by plasticsinfomart A number of networking events, prestigious personalities, visionary conference speakers, exhibitors, delegates, academics and visitors will converge next month at JEC Americas. Will three days be enough to experience the wide range of services JEC Americas has to offer? Boston – JEC Americas 2012 is at last preparing to open its doors here this Nov. […] Read more »
Industry Double success for Matcon at the PPMA Awards October 5, 2012 by plasticsinfomart Matcon are celebrating after scooping two PPMA Group Industry Awards at a gala dinner event held on the opening night of the recent Processing & Packaging Machinery Association Show in Birmingham. Entries were judged by a fully independent panel of industry specialists and Matcon were shortlisted as finalists in four categories. On the night, Matcon received […] Read more »
