TISZAUJVAROS, HUNGARY (July 20, 1:15 p.m. ET) — A Hungarian automotive plastic parts offshoot of Japan’s Arrk Corp. Arrk Hungary, has been acquired in a management buyout and renamed Tisza Automotive.
U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.