ESSEN, GERMANY (Dec. 4, 3 p.m. ET) — Evonik Industries AG has completed repairs to its nylon 12 feedstock plant in Marl, Germany — less than eight months after a fatal explosion and fire there affected global supplies of nylon 12 resin. Production of nylon 12 feedstock cyclododecatriene (CDT) should resume by the end of the month, and shipments of nylon 12 resin made from CDT produced in Marl are expected to go out in January.
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.