NewsFeed: Nissei to manufacture machines in China (July 9)

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Jul 9, 2009, 11:09:38 AM7/9/09
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Nissei to manufacture machines in China
Facing an increasingly competitive situation sparked by the double whammy of a strong Japanese yen and a plummeting global market for injection molding machines, Nissei Plastic Industrial (Nagano, Japan) has taken the plunge and decided to set up a manufacturing operation in China. ...Read more

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Headlines

Teijin raises bioplastic's hydrolytic performance

The Japanese supplier of stereocomplex polylactic acid (PLA) polymer says its biodegradable offering now boasts virtually the same level of durability as polyethylene terephthalate (PET) resin.The new Biofront is said to possess at least 10 times more hydrolytic resistance than conventional commercial bioplastics, translating to substantially improved resistance to hydrolytic degradation in hot and humid conditions. ...Read more

Techmer PM to add manufacturing in Brazil
The so-called BRIC (Brazil, Russia, India, China) countries have been emphasized as the best regions for growth potential in a number of industries, with the "B" sometimes ignored in favor of the "C," especially within plastics.

...Read more

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 Headlines


Pepsi opens PET bottle plant in Russia
Pepsi's presence in Russia goes back to 1959 but will be significantly expanded with a new PET bottle plant, which the company says will be its largest globally when at full capacity. In 1959, the company's CEO met with Nikita Kruschev; 50 years on, the current head will meet with Russian and American leaders Medvedev and Obama this week in Moscow. ...Read more

TPE resin pricing, June 29-July 3: PE and PP rise, PS steady
Producers were able to increase polyethylene and polypropylene prices in June, with many pushing for additional increases in July and August. These actions come in a market where volumes are still down substantially from year-ago levels, feedstocks are on the rise, and export interest from Asia is gaining. ...Read more

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Thank you to all NPE2009 Participants
NPE2009 was a success due to your support. As producer of the show, SPI—The Plastics Industry Trade Association—extends a sincere thank you to all NPE2009 exhibitors, attendees, sponsors, media partners, and co-located events for contributing to the show’s success and for exemplifying commitment to the future of our industry. NPE2009 proved that our industry is stepping up and leading the way toward economic recovery. See you at NPE2012!

 


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July 9, 2009

-Recent Headlines

- Vegetable-based plasticizer garners prize, and continued investment


-
Shorter hours reported at packaging processors

-
Polymerupdate European resin pricing, June 29-July 3: PP, PE, PS, PVC, and ABS up sharply

-Polymerupdate Asian resin pricing June 29-July 3: PE, PP, PVC, and PS on the rise

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How's the job treating you?
Answer and view current results here.

-Plastics Today Blog
Resilience across the board
In talks in the past months, and most definitely in Chicago at NPE, people repeatedly spoke of fighting to be "the last man standing" so that their companies can benefit when the good times start to roll again.... Comment

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-Buyer's Guide
Identify machinery & materials suppliers in the IMM Almanac and MPW Encyclopedia.

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Modern Plastics Worldwide


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Injection Molding

 

 

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