Proven system and process expertise for the automotive industry
The well-known automotive components supplier IAC Group (Krefeld, Germany) has chosen KraussMaffei as system supplier to equip the company’s new production plant in Bals (Romania).
Market
News Plastech
Future market Russia needs to modernise
The recession has increased awareness in Russia of the need to press ahead with modernising the economy. The best form of protection against future recessions is greater diversification and focus on innovation in the national economy.
PET investment in Belarus
Belarus plastics producer Mogilevkhimvolokno plans to strengthen its PET business through the construction and launch of a new 120,000 tpa bottle grade PET polymer plant by 2015.
China's low smoke halogen free flame retardant polypropylene industry
Polypropylene (PP) is a kind of general-purpose plastics with large output and favorable performance. The modified PP is extensively applied in automobiles, building materials, electrical and electronic components, various pipes and fittings, etc.
UK plastic bag industry says Italy’s plastic bag ban contravenes EU law
Following the announcement that Italy is to implement a ban on shopkeepers handing out plastic bags after their current stocks run out, the UK lobbying group CBC says the move contravenes EU Law, will lead to greater environmental impacts as people switch to heavier alternatives, and by giving preference to degradable bags, will hit plastic recycling rates and increase greenhouse gas emissions.
SABIC cooperates with Mauser
SABIC partners with Mauser to develop high-performance, cost-effective granulated HDPE for industrial containers.
Playmobil buys 30 Sumitomo Demag injection moulding machines
Playmobil to place purchase order for 30 machines made by Sumitomo (SHI) Demag for their Dietenhofen facility.
OCTAL secures US$296 million for next phase of expansion
Global PET packaging leader OCTAL is on track to complete the second phase of its operational expansion this year following a new round of funding from six Middle Eastern banks.
World demand for Nylon 6
Strong demand for nylon 6 in China is leading market growth for the engineering polymer, says Chemical Market Associates Inc (CMAI), which forecasts global demand to grow at an average annual rate of close to 5% up to 2015. CMAI did not disclose exact figures in its press release for the 2011 World Nylon Engineering Resins Analysis.
World demand for caps and closures
World demand for caps and closures is expected to reach $40bn by 2014 boosted by continued growth in Asia and greater use of plastic packaging, according to Freedonia.
Rhodia reinforces its worldwide leadership in guar technology
Rhodia announces the acquisition of the new guar derivatives production unit belonging to the Suzhou HiPro Polymers company, based at Zhangjiagang in China (Jiangsu Province).
Invista continues global expansion of airbag fiber production
After announcing plans to double the capacity of its Shanghai airbag fiber facility, INVISTA has now completed plans to generate up to 4,500 tons of additional nylon airbag and industrial yarn at its production facilities in Kingston, Ontario, and Gloucester, U.K.
