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February 8, 2012
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Computers/Telecom
Recycler Parc finds niche business with global OEMs

Xuan
ROMEOVILLE, ILL. (August 30, 2011) -- After engaging in the seemingly “non-glamorous” plastics scrap trading and recycling business for 12 years, Romeoville, Ill.-based Parc Corp. has reached a breakthrough.

Despite rising costs, China's New Star investing to expand

Zhao
SHENZHEN, CHINA (July 5, 2011) -- Chinese mold maker New Star Molds Inc. is investing 129.3 million Chinese yuan ($20 million) in a much larger facility in South China, saying that even with the country’s rising costs, its export business remains strong.

PolyOne launches new products at Chinaplas
GUANGZHOU, CHINA (June 21, 2011) -- PolyOne Corp. chose the recent Chinaplas show for the global launch and the Asian launch of its latest products.



Teijin reopens film plant following quake
TOKYO (May 3, 2011) -- Teijin Ltd. has resumed partial operations at its PET film plant in Utsunomiya, Japan, which had closed as a result of the March 11 Japan earthquake.

Book weighs plastics controversy


Book cover
WASHINGTON (April 26, 2011) -- For someone who confesses that she began her research “knowing really nothing about plastics,” Susan Freinkel has put together an insightful, unbiased, fascinating look at how plastic products have become so pervasive in our lives, and why their continuing explosive use has raised so many unanswered environmental, waste and health concerns.

DSM forms functional materials business unit
ELGIN, ILL. (April 19, 2011) -- DSM NV has formed a Functional Materials unit, the life sciences and materials group said. The company said the decision was made following an “extensive strategic study” of its resins businesses – part of its performance materials cluster.

L.K. Technology receives investment
HONG KONG (February 7, 2011) -- Injection molding machine maker L.K. Technology Holdings Ltd. of Hong Kong has announced an investment agreement with China Machinery Investment Holdings Ltd., a wholly owned unit of Beijing-based FountainVest China Growth Fund.



CMAI forecasts global growth for PC and ABS
HOUSTON (December 7, 2010) -- Chemical Market Associates Inc is forecasting global demand for polycarbonate to grow at an average annual rate of around 5.8 percent over the next five years, reaching around 4.4 million metric tons by the end of 2015.

Plastic optical fiber maker ZJF Group buys Irish firm
JIAXING, CHINA (December 7, 2010) -- One-month-old ZJF Group of Jiaxing has acquired Cork, Ireland-based Firecomms, a leading manufacturer of transceivers for consumer plastic optical fiber. The all-cash deal marks the first ever technology acquisition of an Irish high-tech company by a Chinese corporation.

Hong Kong molder Plastec expanding in Shenzhen
SHENZHEN, CHINA (November 2, 2010) -- Plastec International Holdings Ltd. is expanding its Shenzhen manufacturing facility to meet growing demand.

U.S. regulator targets unqualified green claims
BATAVIA, OHIO (October 12, 2010) -- The U.S. Federal Trade Commission is issuing a long-awaited update to its green-marketing guidance that takes aim at broad, non-specific environmental claims and environmental seals of approval and will make it tougher to claim products or packaging are biodegradable or compostable.

Foreign designers open shop in South China


Ming-inspired chair
GUANGZHOU, CHINA (September 21, 2010) — As South China’s manufacturing base starts to see labor-intensive industries flee for the next low-wage location, a few foreign industrial designers are moving in and seeing advantages to settling down among the factories that make many of the world’s TVs, toys and iPods.

Firms eye inland China to tap local markets, cut costs
HONG KONG (August 31, 2010) -- Export-oriented plastics processors in China are starting to follow larger manufacturers and build factories in inland cities to escape rising costs in the coastal areas and position themselves for the country’s growing domestic market.

Dell reduces amount of packaging by 18.2 million lbs
AUSTIN, TEXAS (August 30, 2010) -- Dell Inc. has reduced the amount of packaging it uses by more than 18.2 million pounds in 2009, the computer and electronics maker reported in its latest Corporate Responsibility report.

Innovative plastic storage device could impact computing
COLUMBUS, OHIO (August 16, 2010) -- A new plastic device storing information using magnetism could eventually replace traditional computer and smartcard memory, according to researchers at Ohio State University.

Sunningdale rebounds from improving economy
SINGAPORE (May 13, 2010) -- Sunningdale Tech Ltd. will add resources to further strengthen its global business development effort, Chairman Koh Boon Hwee said.

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