Category Menu Michael Waltrip Throttles Up a Digital Simulation Edge October 4, 2012 by plasticsinfomart Michael Waltrip Racing is fresh off a spate of recent wins and its best season since its 2007 inception as a NASCAR racing team. Along with rising stars Clint Bowyer and Martin Truex Jr., who helped earn the team its first two Chase for the Sprint Cup berths, Michael Waltrip Racing is crediting changes to […] Read more »
Category Menu Big Battery EVs Under Fire October 4, 2012 by plasticsinfomart The latest news from the world of electric cars can’t be good for EV battery makers. First, there was Toyota Motor Corp.’s recent announcement that it will cut its sales targets for the all-electric eQ city car in the coming year. In truth, Toyota’s planned sales numbers for the eQ had already been miniscule, but the […] Read more »
Industry GTF to make up to a US$3 million investment in solar projects October 4, 2012 by plasticsinfomart The Green Tomorrow Fund (GTF) announced that it will make up to a US$3 million investment in solar projects being developed by the Eclipsall Development Corp., an Eclipsall Energy Group company. This investment will support the expansion of the company’s manufacturing operations in Toronto by creating 120 jobs. “We believe Eclipsall has the potential and […] Read more »
Market News Automotive IT Expo to launch in January 2013 at Toyko October 4, 2012 by plasticsinfomart As there is rapid growing demand for IT solutions andservices to make vehicles safer and more comfortable in the market, a new exhibition “Automotive IT Expo” will be launched in January 2013 at Tokyo. It will join Automotive World 2013, Asia’s leading exhibition & conference for advanced automotive technologies such as automotive electronics, EV & […] Read more »
Industry BASF launches new construction centre in Canada October 4, 2012 by plasticsinfomart BASF’s Construction Chemicals division announced the grand opening of its new construction centre in Toronto, Ontario. Located at 10 Constellation Court in Toronto, the BASF construction centre offers on-site customer service and support, manufacturing and warehousing capabilities. According to the chemical company, the construction centre will feature a full line of products from the Construction […] Read more »
Industry Chinese medical market is growing, changing rapidly October 4, 2012 by plasticsinfomart The Chinese market for medical devices is changing rapidly, creating new opportunities for companies with technology not available in the country. That was the message from a panel of experts at Advamed 2012 in Boston, the annual conference of the Advanced Medical Technology Association (Washington, DC). “China now provides about 95% of its people with some […] Read more »
Processes Demand for protective packaging to increase October 4, 2012 by plasticsinfomart World demand for protective packaging is forecast to increase 6.3% per year to $24.5 billion in 2016, according to a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm. Factors contributing to rising demand include an acceleration in global manufacturing output, increased consumer spending on packaged goods worldwide, and demographic trends such […] Read more »
Industry Private equity firm to buy Bway Parent for $1.24 billion October 4, 2012 by plasticsinfomart Packaging manufacturer Bway Parent Co. will be acquired by an affiliate of Platinum Equity in a deal worth about $1.24 billion. Bway Parent is a North American supplier of general line rigid containers operating through its primary subsidiary, Bway Corp. Under the terms of the agreement, Platinum Equity will acquire Bway Parent from funds managed by Madison […] Read more »
