Wednesday, 04-Nov-09

China's research output to overtake US within a decade
LONDON (November 3, 2009) -- China's research output will overtake the U.S. within the next decade, according to a new study from Thomson Reuters, a New York-based market research specialist. Key figures from the report found that China has more than doubled its research output since 2004 and published nearly 112,000 research papers in 2008.

Tuesday, 03-Nov-09

Opinion: China needs to protect innovation

Toloken

Chinese leaders talk a lot about developing an innovation economy, but Tang Shanxin, an expert on intellectual property policy, believes that won’t happen unless the country develops and enforces stronger laws that really protect innovation.

WWF helps Chinese firms slash carbon emissions

Ho

HONG KONG (November 3, 2009) -- Plastic companies in China could cut their greenhouse gas emissions by about 20 percent with a relatively small investment, under a new initiative developed by the environmental group WWF to help clean up South China’s heavily polluted Pearl River Delta region. That's according to Karen Ho, WWF’s business engagement leader in its Hong Kong office.

Monday, 02-Nov-09

Automatik opens offices in Shanghai, Kuala Lumpur

Opening ceremony

GROSSOSTHEIM, GERMANY (November 2, 2009) -- Pelletizing equipment maker Automatik Plastics Machinery GmbH has established two subsidiaries in Asia -- Automatik Plastics Machinery (Shanghai) Co. Ltd. and Automatik Plastics Machinery Sdn Bhd.

Sweden's Rapid Granulator restructuring
BREDARYD, SWEDEN (November 2, 2009) -- Rapid Granulator AB has filed for financial restructuring, according to news reports in Sweden. The company blamed slumping machinery sales and the cost of a recent acquisition of a recycling equipment maker in China.

Chinese firms gear up for export of 'green' plastics

Lee

HONG KONG (November 2, 2009) -— China’s plastics industry, like many others, is increasingly investing in “green” materials and technologies, but most of the money thus far is targeting export markets, with China’s domestic consumers slow to register. At least that was the view from the Eco Expo Asia trade show, held Oct. 28-31 in Hong Kong.

Sunday, 01-Nov-09

U.S. imposes duties on plastic bags from Asia
WASHINGTON (November 1, 2009) -- The U.S. Commerce Department has imposed antidumping duties ranging from just under 29 percent to just under 96 percent on imports of plastic shopping bags from Vietnam, Indonesia and Taiwan.

UK reprocessors should forge Chinese links
LONDON (November 1, 2009) -- Strengthening bonds between UK and Chinese plastics reprocessors will ultimately benefit both the environment and all partners in the manufacturing supply chain, according to Axion Polymers’ director Keith Freegard.

Formosa Q3 results show improvement
TAIPEI (November 1, 2009) Taiwan’s Formosa Plastics, one of Asia's top petrochemical producers, posted a net Q3 profit of T$9.2 billion (1.9 billion yuan) compared with a second quarter profit of T$7.7 billion (1.6 billion yuan).

BASF Q3 results: recovery will be slow and uneven
LUDWIGSHAFEN, GERMANY (November 1, 2009) -- BASF’s figures for the third quarter of 2009 demonstrate its operational strength in the global economic crisis, according to company chairman Dr Jürgen Hambrecht. “Positive impulses are coming from Asia, especially from China, and from parts of South America. Europe and North America remain weak,” he said.

Jiangsu Sopo to license DuPont vinyl acetate technology
ZHENJIANG, CHINA (November 1, 2009) -- Jiangsu Sopo (Group) Co. Ltd. will license technology from DuPont Packaging & Industrial Polymers for a new 330,000-ton-per-year vinyl acetate monomer (VAM) manufacturing plant to be located in Zhenjiang, Jiangsu province.

Steer enters new markets
Bangalore (November 1, 2009) -- Bangalore-based Steer Engineering Pvt. Ltd. has appointed Taurus Comtrade Fzco of Dubai its agency to sell Steer’s products in the Middle East Asia and Africa.

Tuesday, 27-Oct-09

Sabic IP's Crew: China shows clear signs of revival
RÜSSELSHEIM, GERMANY (October 27, 2009) -- Sabic Innovative Plastics LP President and CEO Charlie Crew stopped off at the company’s German office this month with members of his executive team to provide a briefing on the market and Sabic IP’s worldwide activities. European Plastics News Editor David Vink summarizes Crew’s observations, as well as the company’s investment and product development programs presented.

Schulman planning new masterbatch plant in India
FAIRLAWN, OHIO (October, 2007) -- A. Schulman, Inc. plans to establish a masterbatch facility in western India, an area that the company considers a “key geographic growth market.” The firm said the facility will start with one line that will manufacture the company’s masterbatch products for the packaging, appliance and consumer products markets.

Cabot completes expansion in China
TIANJIN (October 27, 2009) -- Cabot Corp. has completed a 150,000-metric-ton capacity expansion at its carbon black facility in Tianjin. The facility’s annual production capacity now is nearly 300,000 tons, the company said.

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