Market News Egypt’s PET market outlook is firm September 3, 2012 by plasticsinfomart In Egypt, following the Ramadan holiday, the PET market portrays a firm outlook in line with firmer feedstock costs and higher prices in Asia, as per the pricing service of ChemOrbis. In Asia, PET feedstock costs in the spot market increased throughout the month of August. Spot PTA costs gained $40/ton and MEG prices moved up […] Read more »
Breaking News Category Menu GM to Idle Chevy Volt Production Again September 3, 2012 by plasticsinfomart General Motors plans to shut down the Michigan plant that builds the Chevy Volt for four weeks from mid-September to mid-October. “We are continuing to match supply and demand of the Volt,” Randy Fox, a spokesman for the automaker, told us. “But at the same time, we are gearing up for production of the 2014 Chevy […] Read more »
Market News Oil falls on weak China manufacturing September 3, 2012 by plasticsinfomart BANGKOK (AP) — Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy. Benchmark oil for October delivery was down 16 cents at $96.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.85 to finish at $96.47 per barrel Friday […] Read more »
Industry U.S. businesses plan to diversify investments from China into ASEAN September 3, 2012 by plasticsinfomart U.S. companies are optimistic about business prospects in ASEAN, according to a survey conducted by the U.S. Chamber of Commerce and The American Chamber of Commerce in Singapore (AmCham Singapore). In a poll of 356 senior-level executives from U.S. companies across the region, 21% of U.S. companies are planning to diversify some investments or business […] Read more »
Industry MEDTEC China 2012 conference shapes up as mega event September 3, 2012 by plasticsinfomart In addition to the value of attending the main event: MEDTEC China 2012; visitors to the exhibition can also avail themselves of the added value of attending the co-located conference and technical forum programs on both days of the show: 26-27 September 2012. The programs comprises a two-day Regulation Conference as well as four technical […] Read more »
Industry BASF receives highest level Supplier Quality Excellence Award from CFMA September 3, 2012 by plasticsinfomart The highest level Supplier Quality Excellence Award was presented to BASF from Changan Ford Mazda Automobile Company Limited (CFMA), in recognition of the chemicals company’s Noise, Vibration and Harshness (NVH) solutions. As said, CFMA’s Cellasto spring aids and jounce bumpers, made of BASF’s microcellular polyurethane (MPU), had zero defects for 48 consecutive months. “We are honored […] Read more »
Industry HaloPolymer becomes the first Russian company to join SPI September 3, 2012 by plasticsinfomart The HaloPolymer Holding has joined SPI: The plastics industry trade association in the US, becoming the first company in Russia to do so. “To our company, joining SPI was a strategic step forward to strengthening the position in the US market. HaloPolymer seeks to expand its presence in the US by maximizing the market potential and […] Read more »
Industry New Conair TrueFeed liquid dosing unit speeds up changes September 3, 2012 / March 8, 2017 by plasticsinfomart The Conair Group introduces its new TrueFeed LQ liquid feeder, which eliminates the need for time-consuming color calibration and adjusts automatically for changes in material and processing conditions. “Introduced several years ago, Conair TrueFeed gravimetric feeders for pelletized materials revolutionized on-machine dosing,” says Alan Landers, Conair Blender Product Manager, “by offering a new standard for accuracy […] Read more »
