BEIJING (Nov. 13, 1:30 p.m. ET) — Governments throughout China have been getting tougher with the country’s plastics recyclers, as they try to cut back on what they say is pollution from an industry that sometimes operates without proper waste water treatment and other environmental controls.
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.