Breaking News Product News Audi's Wörthersee e-bike concept features "wheelie" mode May 16, 2012 by plasticsinfomart Audi has announced that it will debut a new performance e-bike prototype at next week’s Wörthersee Tour car show in the picturesque village of Reifnitz, Austria. Described as a high-end pedelec for sport, fun and tricks, the Audi e-bike Wörthersee features a futuristic carbon fiber frame that houses an onboard computer and a Li-ion battery […] Read more »
Breaking News Market News Green EnviroTech Holdings Corp. (GETH.PK) tire and plastic to oil sample accepted by a Major Oil Company for purchase. May 16, 2012 by plasticsinfomart Green EnviroTech Holdings Corp. (GETH.PK) announces today that the tire and plastic to oil samples sent to a major oil company have been accepted as a quality that they will purchase. The oil company stated that their lab results showed all of the qualities of the crude oil samples received to be within typical specifications […] Read more »
Industry Plastic bag tax likely to stay when city council votes in June May 16, 2012 by plasticsinfomart Mayor Rob Ford’s hand-picked executive committee voted to rescind the five cent bag tax, but it’s highly unlikely city council will back the decision next month. Instead, council appears poised to expand on the intent of the bylaw and develop a communications strategy that would encourage major Toronto retailers to donate bag fee proceeds to […] Read more »
Breaking News Processes Baku to host Caspian International Plastics and Rubber Exhibition May 16, 2012 by plasticsinfomart Plastex Caspian 2012, the 2nd Caspian International Plastics and Rubber Exhibition, will take place from 15 to 17 May at the Baku Expo Center. Expectations are high for this year’s event thanks to a growth of 27% in chemicals production in Azerbaijan last year, and this growth is expected to continue with the construction of […] Read more »
Industry India can cooperate with Gulf in plastic industry May 16, 2012 by plasticsinfomart DUBAI: India is willing to support Gulf Cooperation Council (GCC) countries in their focus on value addition, from oil economy to polymers and plastic products, an official has said. President of All India Plastics Manufacturers Association (AIPMA) Jayesh Rambhia said this is an opportunity for GCC and India to co-operate and supplement each other. AIPMA […] Read more »
Industry Formosa Plastics plans $2B for Texas plant: report May 15, 2012 by plasticsinfomart TAIPEI (MarketWatch) — Formosa Plastics Corp. plans to inject NT$60 billion (US$2 billion) into its Texas plant in the U.S. to boost production capacity and output, according to an interview with the company’s chairman, Lee Chih-tsuen, published by the Commercial Times Monday. Lee said the expanded capacity of the plant in Point Comfort is expected […] Read more »
Breaking News Product News Nylon 12 Replacements Include Bioplastics May 15, 2012 by plasticsinfomart The plastics and automotive industries are pulling together to solve the crisis caused by a sudden shortage in nylon 12, after a fire earlier this year shut down an Evonik Industries plant that makes cyclododecatriene (CDT), a nylon 12 feedstock. Evonik is reportedly responsible for 40 percent of the supply of nylon 12, used in […] Read more »
Breaking News Recycling News More than 70% of Americans can recycle plastic bags and wraps locally May 15, 2012 by plasticsinfomart More than 91% of the U.S. population can recycle plastic bags locally and nearly 75% of people living in the U.S. can recycle other types of flexible plastic wraps in their own communities, according to a new study conducted by Moore Recycling Associates Inc. The study, which examined flexible polyethylene film, which encompasses flexible plastic […] Read more »
