BARCELONA, SPAIN (Nov. 6, 12:45 p.m. ET) — Packaging producer La Seda de Barcelona is prepared to sell its PET polymer and raw material plants to raise new capital if it cannot attract a minority industrial partner to help develop its PET and chemical operations.
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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.