AKRON, OHIO (Oct. 1, 12:15 p.m. ET) — A PVC price increase that ends two months of flat pricing in North America is featured in this week’s Material Insights video. Also this week, Coca-Cola Co.’s plan to build a massive PET feedstock plant in Brazil, and French firm Limagrain Céréales Ingrédients is building a plant in Brazil to make bioplastic granules.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.