LONDON (Updated Jan. 3, 11:20 a.m. ET) — Personal care products giant Unilever NV will phase out the use of plastic micro beads used as a "scrub" material following a call from environmental groups to eliminate them and help reduce the plastics in oceans and other waterways.
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.