AKRON, OHIO — DAK Americas LLC's decision to close its PET resin plant in Wilmington, N.C., is featured in this week's Material Insights video. Also this week we feature news that Shintech Inc. plans to add almost 700 million pounds of PVC capacity, as well as an advanced look at some of the technology and products Bayer MaterialScience will highlight at K 2013.
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.