Tuesday, 01-Sep-09

GM will let suppliers keep more of any cost savings
DETROIT (September 1, 2009) -- The new purchasing chief of General Motors Co., seeking to spark cost-cutting ideas from suppliers, will allow parts makers to pocket a greater share of the savings they generate.

Tuesday, 25-Aug-09

Milacron emerges from Chapter 11
BATAVIA, OHIO (August 25, 2009) -- Milacron Inc. has a new name, and a new president and CEO, as it emerges from Chapter 11 bankruptcy. Milacron LLC, a new company owned by a group of investors led by Avenue Capital Group and DDJ Capital Management LLC, completed its previously announced purchase of substantially all of the businesses and assets of Batavia-based Milacron Inc.

Plastics decompose at sea with toxic effect say scientists
WASHINGTON (August 25, 2009) -- New research suggests that the prevailing view that ocean-bound plastics are virtually indestructible is wrong – they decompose with unexpected speed, releasing potentially toxic substances into the water, according to the American Chemical Society.

Michigan eyeing lightweight material
TRAVERSE CITY, MICH. (August 25, 2009) -- The state of Michigan is looking at ways that it can help bring new lightweight composites and other materials to market for the auto industry. The new effort will take aim at materials being researched at universities, government laboratories and other development groups.

Even after recovery, U.S. auto suppliers may fail
TRAVERSE CITY, MICH. (August 25, 2009) -- Auto sales in the U.S. have finally started moving again, thanks to federal incentives. Even without that funding, carmakers said they are seeing the first signs of improvement in nearly a year.

Seattle voters reject 20-cent bag tax
SEATTLE (August 25, 2009) -- The attempt to place a 20-cent fee on all plastic and paper carryout bags in Seattle appears almost certain to be headed for defeat. With more than 60 percent of the expected votes counted, the measure was failing 57 percent to 43 percent.

Nestle launching water in recycled PET
GREENWICH, CONN. (August 25, 2009) -- Nestle Waters North America Inc. is launching a new range of mineral water in the U.S. packaged in bottles consisting of 25 percent recycled PET, and is backing the move with a big recycling initiative.

Engel touts growth in Mexico
QUERÉTARO, MEXICO (August 25, 2009) -- Engel North America President and CEO Stephan Braig said Aug. 19 that the technical center the injection molding machine manufacturing giant is building in central Mexico will be operational in the first half of next year.

U.S. FDA to reconsider BPA safety issue
WASHINGTON (August 25, 2009) -- The change in leadership at the Food and Drug Administration has prompted a review of whether to support a ban on the use of bisphenol A in food packaging - in particular, baby bottles.

Lego to invest in new injection presses and tooling
BILLUND, DENMARK (August 25, 2009) -- Even though the real construction industry is struggling, sales of miniature plastic bricks are clearly thriving as Lego is planning to boost molding capacity worldwide.

Haitian sales rebound in China, but exports still weak

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HONG KONG (August 25, 2009) -- One of China’s biggest makers of injection molding machines, Haitian International Holdings Ltd., says its sales apparently hit bottom in the first half of 2009 and have since rebounded to levels seen before the financial crisis.

Tuesday, 18-Aug-09

Biodegradable dinnerware maker to announce U.S. sites
HOUSTON (August 18, 2009) -- A Texas entrepreneur has been touring multiple Midwest cities looking to locate multiple plants in the U.S. for a Chinese manufacturer of biodegradeable plastic dinnerware. The firm will announce its locations within 30 days.

California's EnVino finding success with PET wine bottles
BURLINGAME, CALIF. (August 18, 2009) -- A joint venture between a plastic bottle maker and thermoforming packaging manufacturer is making an aggressive push to penetrate the wine industry with plastics. With clear bottles for whites and green-hued bottles for reds, the bottles come in three sizes: 187 milliliter, the industry standard 750 milliliter, and 1 liter.

Nasdaq-listed ShengdaTech expanding additive plant
SHANGHAI (August 18, 2009) -- Growing demand in China’s construction and auto markets is causing plastic and rubber additive maker ShengdaTech Inc. to open a new facility this month in Zibo, Shandong province.

US machinery major Milacron cuts 130 jobs
BATAVIA, OHIO (August 18, 2009) -- Milacron Inc. announced it plans to cut 130 positions across its North American businesses — about 10 percent of its workforce. Meanwhile, the Batavia-based plastics machinery maker company awaits a sale that will bring it out of Chapter 11 bankruptcy.

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