NEWS

Our news section covers latest news in plastics industry/technology that helps to power the business and customer experiences by providing the latest plastics industry news. Our international business news accelerates customer centricity and agility. They allow our potential clients for continual refinement.

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On October 30th 2017, in response to market speculation, AkzoNobel confirmed it was in constructive discussions regarding a potential merger of the AkzoNobel Paints and Coatings business with Axalta. AkzoNobel and Axalta ended their discussions without agreement. AkzoNobel continues to focus on its strategy of accelerating sustainable growth and profitability…

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The British government will look into ways to reduce plastic waste through the tax system and charges on single-use plastic items, finance minister Philip Hammond said on Wednesday during his budget speech to parliament. “With ... the Environment Secretary I will investigate how the tax system and charges on single-use…

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Hexion Inc.recently received the Health and Safety Award from the Composites UK Trade Association at the Association’s Advanced Engineering Show in Birmingham. Hexion received the award for its development of a series of ULEF (ultra-low emitting formaldehyde – less than 0.1%) phenolic resins (Cellobond™) for the composite industry, while maintaining…

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Inno Molding Co.,Ltd is a China based injection molding company. It is involved in the manufacture of plastic parts and injection mold for many different industries, like automotive, medical, consumer electronics, home appliances, etc. Meanwhile we are capable of product development, prototyping, and full product manufacturing services. The company was…

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NAPCO, Ltd., the industry’s leading provider of bathtub and kitchen refinishing products has unveiled a new logo and website as part of its extensive rebranding efforts. The new brand identity marks an exciting phase in NAPCO’s growth, as well as highlights its commitment to the advancement of small business owners…

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iMARK Molding Inc., a plastic injection molding company serving customers nationwide, is expanding its operations in St. Croix County, Wisconsin. The project is expected to create 40 jobs. The $18 million expansion will more than triple the size of the company’s existing 38,640-square-foot facility to meet current and future demand…

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BYK Additives & Instruments, one of the world’s leading suppliers in the field of additives and measuring instruments and a member of the ALTANA Group, today announced a commitment to expand its facility in Gonzales, Texas. BYK expects to invest USD 50 million to construct a significant manufacturing facility to…

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Cincinnati Process Technologies (CPT), a leading supplier of machinery, parts, services and technology for the plastics molding industry, has announced a new line of injection molding machines from Taiwan manufacturer Asian Plastic Machinery (AP). The new line, named the Super Master EV2 Series, combines a high-precision servo drive system integrated…

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Brazil’s Braskem, the largest producer of thermoplastic resins in the Americas, will build a pilot plant in partnership with Denmark’s Haldor Topsoe to test the use of sugar to produce a key ingredient in PET making. PET, or polyethylene terephthalate, is a widely used thermoplastic resin to manufacture bottles for…

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Griffon Corporation has entered into a definitive agreement to sell Clopay Plastic Products Company (“Clopay Plastics”) to Berry Global Group, Inc. for $475 million in cash. The transaction is subject to regulatory approval and customary closing conditions, and is expected to close within the first calendar quarter of 2018. “We…

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