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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Leaders from the global plastics industry have announced that approximately 260 projects are planned underway or completed as part of the Declaration of the Global Plastics Associations for Solutions on Marine Litter the industrys public commitment to tackle plastic in the marine environment The announcement came with the release of the plastics industrys annual progress report As a united global industry weve come a long way from where we started in 2011 says Callum Chen from the Asia Plastic.. More information...

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Hong Kongbased Green Energy Group Ltd is acquiring a recycling facility in Bunde Germany The 400000 euro 445000 cash deal includes two parcels of land as well as all existing buildings and structures but excludes machines Green Energy said in a May 23 filing with the Hong Kong Stock Exchange the same day it entered the purchase agreement The parcels measure about 4519 square meters and 3602 square meters respectively The purchasing party is EnviroAssets GmbH an indirect whollyowned subsidiary .. More information...

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Biodegradable plastics often found in bottles and plastic bags may not be part of the solution to ocean pollution as once marketed according to a United Nations report published Monday because they don39t break down well in marine environments The report written by the UN39s top environmental scientists says although biodegradable plastics were specifically designed to be more susceptible to degradation they won39t solve the problem of litter in oceans because most plastic is extremely durable .. More information...

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Polymer Logistics the developer of the wood grain reusable plastic container RPC is opening a wash and distribution center in Northern Illinois and in Coastal Georgia to meet customer demand for its crates and other transport packaging assets The new locations which are expected to be fully operational in the 3rd quarter of 2016 will join the three existing Polymer Logistics facilities in Salinas and Riverside Calif and San Antonio to form a true continentwide network of service centers Each of .. More information...

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Munichbased plastics machinery builder KraussMaffei Group ventured to the United States in 1966 based itself in New York and began working through outside sales agents and local distributors A humble beginning Fast forward to May 19 and KraussMaffei Corp drew about 400 attendees to the companys open house in Florence to celebrate its 50th anniversary in the United States The event featured technical presentations and 50 suppliers spread across nearly the entire plant floor in Florence and cov.. More information...

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The Delhibased Alok one of the leading manufacturers of masterbatches a key raw material for making plastic products is eyeing to tap the growing light emitting diodes LED industry with its innovative products that help reduce the harmful effect of this energyefficient lighting source on eyes While the benefits of LED such as being energy efficient and low greenhouse gas emitter are wellknown researchers across the world point out to the health damage especially the retinal damage caused by L.. More information...

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Interstate Plastics provides solutions for 3D printing in commercial markets and is now proud to offer Verbatim39s full line of 3D printing filament with a wide range of ABS PLA and Primalloy filament products and resources Featuring a proprietary compounding process Verbatim 3D filaments are manufactured from high quality materials to extremely tight tolerances resulting in a highly homogenous material composition This uniform composition combined with the outstanding diameter consistency of V.. More information...

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Solvay Specialty Polymers announced today that the Polimotor 2 allplastic race engine project is incorporating two of the companys specialty polymer technologies in its fuel injection assembly to support engine weightout goals and deliver outstanding reliability and performance under demanding competitive racing conditions Specifically the assemblys 46cm 18in fuel rail will be injectionmolded from Solvays Ryton XK2340 polyphenylene sulfide PPS reinforced resin while seven Orings fabricated from .. More information...

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New presses and robots are replacing aging machines at the Quantum Plastics River Bend Industries Division in Victor Iowa Quantum Plastics recently added two new Absolute HAITIAN injection molding machines and two new Yushin automation robots to its manufacturing floor The new state of the art equipment aligns with Quantum Plastics39 environmental initiative and uses the latest technology to manufacture detailed parts The new 1100 and 2000 ton presses are HAITIAN MARS ServoHydraulic Energy Savi.. More information...

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The Department of Environmental Conservation will hold Taconic Plastics as the company responsible for a toxic chemical contaminating the water supply in Petersburgh New York The small town in Rensselaer County has been dealing with perfluorooctanoic acid or PFOA the chemical that also caused a crisis in nearby Hoosick Falls Taconic has already been directed to install a treatment system for the town39s water supply and install filters for private wells according to DEC In a statement a spokes.. More information...