GUANGZHOU, CHINA – South Korean plastics additives maker Songwon Industrial Group is continuing its relentless expansion in key global regions with the creation of two new entities in the Middle East, and the planned opening by April 2014 in Abu Dhabi of its next plant to make one-pack systems.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.
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.