Material News Ethylene remains on a global slide June 21, 2012 by plasticsinfomart Global spot ethylene prices reflected renewed losses over the last week. The drops in Europe, Asia, and the U.S. were driven by fluctuating feedstocks, which themselves were impacted by global economic woes and limited monomer demand from downstream markets, according to ChemOrbis. NYMEX crude futures for July delivery regained some of their previous losses in […] Read more »
Processes Amcor opens bottle-manufacturing operation at Gatorade plant June 21, 2012 by plasticsinfomart Amcor Rigid Plastics’ new onsite bottle manufacturing operation at PepsiCo’s Gatorade production facility is expected to produce about 650 million hot-fillable PET bottles annually. The rigid plastic packaging producer held a ribbon-cutting ceremony Tuesday at PepsiCo’s Gatorade production facility in Mountain Top, PA, which featured about 50 state and local officials. Amcor received backing and […] Read more »
Recycling News Canadian retailers address PET thermoform recycling June 19, 2012 by plasticsinfomart New test protocol for adhesives developed to facilitate thermoform recycling in Canada . Canadian retailers address PET thermoform recycling A new test protocol has been introduced to determine the impact of labels and adhesives on PET thermoform package recycling. Developed by the Association of Postconsumer Plastic Recyclers (APR), in conjunction with the National Association for PET Container Resources […] Read more »
Breaking News Market News 747 prices tumble as higher fuel costs end 23-year reign June 19, 2012 by plasticsinfomart Prices for Boeing Co. 747-400s, the most popular wide-body plane, are tumbling as carriers rush to replace what were once their flagship aircraft with newer and more fuel-efficient models. Ten-year-old passenger 747-400s are worth a record low $36 million, less than similar aged planes last year, according to Ascend Worldwide Ltd. Forty-eight of the 404 […] Read more »
Product News RX Plastics Launch Major Product Innovation at Fieldays June 19, 2012 by plasticsinfomart This year’s Mystery Creek Fieldays was the platform for New Zealand pipe and irrigation specialists RX Plastics to launch their biggest range of pipe fittings yet for the farm irrigation market. The result of a year’s worth of research and development time, prototyping and tooling up, the injection moulded range is glass reinforced nylon, and […] Read more »
Processes Plastics threaten ecosystem in Alagarkoil hills June 19, 2012 by plasticsinfomart The unchecked use of plastics is endangering the fragile ecosystem in the Alagarkoil hills, say volunteers of the Nethaji Snake Trust, Madurai. “When we visited the hills on Sunday, we were shocked to see that the number of fruit eating bats, which are an indication of a healthy ecosystem, had reduced drastically. This is very […] Read more »
Market News Global Investors Meet 2012 Held June 14, 2012 by plasticsinfomart The Bangalore Chamber of Industry and Commerce (BCIC) under the aegis of government of Karnataka, All India Plastics Manufacturers’ Association and Mangalore SEZ organized a seminar on chemical, petrochemical and plastic at the Global Investors Meet 2012, here, recently. Delivering an address on ‘SEZ Opportunities for Petrochemicals in Karnataka’, Rajiv Banga, MD and CEO, MSEZL […] Read more »
Market News India's IOC, MRPL Seek Majority Stake in Haldia Petrochem -Executives June 14, 2012 by plasticsinfomart Refiners Indian Oil Corp. (530965.BY) and Mangalore Refinery & Petrochemicals Ltd. (500109.BY) are keen to acquire a majority stake in Haldia Petrochemicals Ltd., amid strong local demand for plastics, synthetic rubber and chemicals, three people familiar with the matter told Dow Jones Newswires. Haldia Petrochemicals, which owns a naphtha cracker, is a joint venture of […] Read more »
