NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, this portal grants a dynamic and diverse feed of news items contemporaneous with the current affairs of the Plastics Industry.

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Ascend Performance Materials, a global provider of high-quality fibers, chemicals and plastics, will invest $3.8 million to expand its production center in Greenwood, South Carolina. Located at 1515 Highway 246 South Ascend plans to increase polymer production at its Greenwood facility. With five manufacturing plants in the southeastern United States…

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In order to increase Kiefel’s automotive business in the USA, the Brückner Group USA acquires the business of PARAGON MOLDS CORPORATION on January 1, 2017. PARAGON, since 1973 a successful partner of many well-known suppliers to the US automotive industry with headquarters in Fraser, Michigan, has 33 employees and develops…

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Grupo Industrial Ortiz, which claims to be the world’s largest producer of polypropylene raffia woven sacks and similar products, is diversifying into food packaging and disposable tableware and preparing to invest outside Mexico for the first time. Family-owned Ortiz opened three packaging production plants in the city of Morelia, central…

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Braskem, the largest thermoplastics resins producer in the Americas, today announces the startup of its new UTEC Ultra High Molecular Weight Polyethylene (UHMWPE) production plant at its La Porte, Texas site. Braskem sells high-performance UHMWPE under the trade name UTEC, developed and produced through Braskem's proprietary technologies. "This is an…

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A new report from the Davos World Economic Forum gathering, launched with the support of some large companies in the plastics industry, is calling for strategies to dramatically increase recycling of plastic packaging — from 14 percent today to 70 percent. The Jan. 16 report, “The New Plastics Economy: Catalysing…

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Custom injection molder Jones Plastic & Engineering Co. Ltd. plans to expand its Camden, Tenn., production plant. Jones will invest $4.5 million in the project, which is expected to create 52 new jobs. The company indicated in a news release that the expansion is designed to meet growing demand and…

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Economic growth in Poland is resulting in the production of more plastic and, ultimately, the availability of more plastic scrap to recyclers serving that nation. The publisher of a newly available database that lists plastics processors in Poland describes that nation as “the only country in Europe which did not…

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BOGE Rubber & Plastics Group, a worldwide leading provider of vibration technology and plastics solutions to the automotive industry continues its international expansion course consistently and starts production in Mexico in 2017. “As a global player, we thus support our customers, who for the most part are already represented with…

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ArabPlast 2017, the international plastics, petrochemicals and rubber industry trade fair, concluded recently with ambitious aspirations for the future of the industry locally and regionally. The event, held under the theme of “together we innovate”, from January 8 to 10 at Dubai World Trade Centre, saw participants reiterate their determination…

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Netherlands-based consumer products firm Unilever says it has “committed to ensuring that all of its plastic packaging is fully reusable, recyclable or compostable by 2025” and in a news release carrying the announcement has called on “the entire fast-moving consumer goods industry to accelerate progress towards the circular economy.” Treating…