Wednesday, 17-Mar-10

Nissan to open design studio in China
SHANGHAI (March 17, 2010) -- Nissan Motor Co. will open an auto design studio in Beijing next year to better reflect the tastes of Chinese as well as Asian consumers in new model development, said a source with Nissan (China) Investment Co.

Mold-Masters opens manufacturing plant in India
COIMBATORE, INDIA (March 17, 2010) — Mold-Masters Ltd. has opened a hot runner production facility in Coimbatore, India, where the company has had an engineering office since December 2006.

Monday, 15-Mar-10

Taiwan firm develops micromolding machines
TAIPEI, TAIWAN (March 15, 2010) -- A Taiwanese firm has developed its own version of micromolding injection machines and hopes to position them as a lower-cost alternative to German and Japanese machines that dominate that higher-end market.

Canada switching to polymer money
TORONTO (March 14, 2010) -- Canada will move to plastic currency in mid-2011 for enhanced security against counterfeiting. As well, plastic bills last longer than cotton paper ones currently used.

Sunday, 14-Mar-10

ContiTech inaugurates Changshu facility

Opening ceremony

HANNOVER, GERMANY (March 14, 2010) -- ContiTech AG has inaugurated its newly-completed Euro 40 million development, production, sales and administrative facility in Changshu, Jiangsu province.

Friday, 12-Mar-10

DME and P.E.T.S. form hot-runner alliance
MADISON HEIGHTS, MICH. (March 14, 2010) -- Tooling component supplier DME Co. has created a strategic alliance with hot-runner firm Plastic Engineering & Technical Services Inc. to provide a complete package to improve processing.

Asia alliance aids Thermoforming Systems' global sales
TAIPEI, TAIWAN (March 12, 2010) -- American plastic equipment maker Thermoforming Systems LLC is crediting an Asian manufacturing partnership with letting it tap into growth in emerging markets like Brazil and India.

LM Glasfiber builds wind blade facility in China
JIANGYIN, CHINA (March 12, 2010) -- Denmark-based wind turbine blade maker LM Glasfiber is strengthening its position in the Chinese market by building a fourth manufacturing facility in Jiangyin, Jiangsu province.

Wanhua to take over BorsodChem in Hungary
LONDON (March 12, 2010) -- China’s Wanhua Industrial group has won the option to take over the Hungarian PVC group BorsodChem within two years in return for providing €140 million (1.3 billion yuan) to help fund the indebted chemical firm’s expansion.

India's Rajoo targeting Latin America, Eastern Europe
NEW DELHI, INDIA (March 12, 2010) -- Rajoo Engineers Ltd. has set out a double-barrel export strategy for this year, focusing on Latin America and the former Eastern Bloc countries in Europe, offering competitively priced machines for major upgrades and new start-ups.

Thursday, 11-Mar-10

India's processors upgrade to compete globally
MUMBAI, INDIA (March 11， 2010) -- India’s small and medium-size plastics producers are upgrading to be globally competitive in the next two to three years and keep in step with the industry majors in the international league, according to Ashok Goel, president of the PlastIndia 2012.

Tuesday, 09-Mar-10

Shini expanding factories in China and India

TAIPEI (March 9, 2010) Taiwanese auxiliary equipment maker Shini Plastics Technologies Inc. is finishing a US$ 18.7 million (128 million yuan) expansion of its factories in mainland China and India.

Monday, 08-Mar-10

Australia green building rules revised in favor of PVC
SYDNEY, AUSTRALIA (March 8, 2010) -- Sydney-based Green Building Council of Australia (GBCA） has revised its previously negative view on PVC materials. The new system for rating the plastic should be in force by April.

Teijin Kasei America faces discrimination lawsuit
NORCROSS, GA. (March 8， 2010) -- Five current or former employees of resin supplier Teijin Kasei America Inc. have filed a lawsuit against the company, claiming the firm had planned to fire them and replace them with younger Japanese workers.

Taiwan machinery firms seeing strong rebound

TAIPEI (March 8, 2010) -- Taiwan’s plastic machinery industry is seeing a strong economic rebound as mainland China and other emerging markets push production almost to levels seen before the worldwide economic meltdown in 2008.

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