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Plastics raw materials

Recycling News

Aurelius acquires UK’s largest recycled PET supplier

by plasticsinfomart

CANTERBURY (Scrap Monster): Eco Plastics- the UK’s largest supplier of recycled Polyethylene terephthalate (PET) has been acquired by German investment firm Aurelius. Post acquisition, Aurelius has now obtained 100% ownership of the Continuum recycling joint venture established with Coca-Cola two years ago. The financial terms of the deal are not disclosed. According to Aurelius, it […]

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Plastics raw materials

Recycling News

APBA claims to have gathered enough votes for California bag referendum

by plasticsinfomart

SACRAMENTO (Scrap Monster): The American Progressive Bag Alliance (APBA) claims to have gathered nearly 800,000 valid signatures, much more than the required 504,760 signatures to overturn the landmark plastic bag ban rule. The deadline to collect signatures had come to an end on Dec 29th. The news release by the trade body expressed confidence that […]

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Plastics machines

Machinery News

WITTMANN BATTENFELD with state-of-the-art injection molding technology, automation and peripherals at Chinaplas2015

by plasticsinfomart

This year, Chinaplas will be held from May 20 to 23, WITTMANN BATTENFELD will be presenting its state-of-the-art injection molding technology, automation and peripherals to professionals in Hall 4.1 at Stand 4.1C01.Meanwhile, it will show the stable and reliable automation solutions in Hall 4.2 at Stand 4.2D21 by its robots playing basketball. At this year’s […]

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Plastics News

Industry

A look back at highlights from 2014

by plasticsinfomart

What made the headlines in petrochemical markets in 2014? According to ChemOrbis, the most striking answer is, needless to say, crude oil prices, which steadily retreated since the start of the second half of the year. This was the sharpest decrease since the 2008 crisis as the overall decline reached 50% on average, which also […]

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plastics news

Market News

China’s polymer imports decline for 3rd consecutive month

/ by plasticsinfomart

According to ChemOrbis, China’s polymer imports declined for a third consecutive month in November, reflecting the muted state of demand in the country along with slower than anticipated economic growth. Even though imports for certain products moved up month on month, they suggest visible decreases year on year. Similar to November, overall demand for polymers […]

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plastics news

Market News

Will firmer styrene costs permit Asian PS sellers to stabilize the market?

/ by plasticsinfomart

Spot benzene and styrene costs in Asia have pared some of their losses over the week after recording relentless decreases for 5 months, according to ChemOrbis. The upward movement was mainly attributed to concerns about supply limitations in early 2015 owing to scheduled styrene shutdowns region wide. Plus, crude prices have also held steady recently, […]

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Plastic prices

Market News

Acetylene based PVC trading at a premium to ethylene based in China

/ by plasticsinfomart

Players in China report that acetylene based PVC prices in the local market have gained a premium over ethylene based PVC, a significant change in market dynamics compared with three months ago, when the premium for ethylene based PVC prices stood close to an all-time high of around $150/ton over acetylene based PVC on an […]

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plastics news

Product News

Cardia granted additional patent protection in four Asia Pacific countries

by plasticsinfomart

Cardia Bioplastics Limited from Australia has secured patent protection for its Cardia Compostable, Biohybrid and PPC-starch resin and finished products from Japan, Australia, New Zealand and China Patent and Trademark Offices. The patents protect the composition formulation and manufacturing process invented by Cardia. “This marks an important milestone for Cardia Bioplastics. These granted patents protect […]

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