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February 8, 2012
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Breaking News
Italian, Indian rotomolding toolmakers strike partnership
NEW DELHI (Feb. 7, 2012) -- Italian mold maker Roto Moulds srl and M. Plast (India) Ltd. have signed a technology transfer agreement to boost the Indian firm’s capabilities and use it as a base to tap into new markets like the Middle East and Africa.

Indian group, two U.S. schools, to build plastics university
NEW DELHI (Feb. 7, 2012) -- India’s largest plastics trade association and two American universities with prominent plastics engineering and material science programs signed an agreement Feb. 3 to help build an international-level university for polymers in western India.

Plastindia claims title of world's third-largest plastics show
NEW DELHI (Feb. 7, 2012) -- If emerging markets are supposed to provide an economic lift to the world economy these days, India’s plastics sector seems ready to oblige, with its leaders opening the PlastIndia trade show Feb. 1 by predicting they’ll maintain double digit growth over the next decade.



Lanxess expanding in India and Brazil
JHAGADIA, INDIA (Feb. 7, 2012) -- The western Indian state of Gujarat is fast emerging as the next major auto hub. Lanxess AG is tapping into the market with local production, opening an engineering resins compounding plant in Jhagadia.

Dow additive keeps PC from scratching
MIDLAND, MICH. (Feb. 7, 2012) -- Dow Chemical Co. plans to introduce an anti-scratch additive for compounding with polycarbonate to compete with ultraviolet-light-cured PC hard coatings.

Medical plastics market offers promise for Western firms
BRUSSELS (Feb. 7, 2012) -- In Brussels in December, many speakers at the Plastics in Medical Devices conference agreed that the developed markets, unlike in many other areas of the plastics industry, will lead growth in medical plastics.

Survey: Majority in EU support plastic bag bans
BRUSSELS (Feb. 7, 2012) -- More than 70 percent of people surveyed in the European Union support a ban on plastic bags.



China acquisition creates strong position for Dynisco
FRANKLIN, MASS. (Feb. 7, 2012) -- After more than two decades of organic growth in the China market, Dynisco LLC today announced the completion of the purchase of the assets of Shanghai Hao-Ying Measurement & Control Technology Co. Ltd.

EDI expands China factory, adds staff in India
NEW DELHI (Feb. 7, 2012) -- U.S. firm Extrusion Dies Industries LLC is opening a much larger facility in China this year, as part of a longer-term investment to develop stronger capabilities for Asia-focused product development and manufacturing.

A. Schulman buying France's Elian SAS
FAIRLAWN, OHIO (Jan. 31, 2012) -- Compounder A. Schulman Inc. is expanding in Europe and boosting its specialty color masterbatch business, buying Elian SAS from British Vita plc.

Indorama planning integrated PET plant in India
BANGKOK (Jan. 31, 2012) -- Indorama Ventures Public Co. Ltd. (IVL) plans to build an integrated purified terephthalic acid), PET resin and polyester staple fiber plant in India, with a third-party paraxylene producer.

Global packaging to reach $820 billion by 2016
LONDON (Jan. 31, 2012) -- The global packaging industry will grow in value to almost $820 billion by 2016, predicts a new report from Pira International, driven mainly by increasing demand for packaging in emerging and transitional economies.

Dr. Schneider expands in China and Mexico
KRONACH-NEUSES, GERMANY (Jan. 31, 2012) -- German auto supplier Dr. Schneider Group will spend 5 million euros to open new manufacturing facilities in China and Mexico. CEO Klaus Fricke said the plants answer requests from customers to expand with them in China and North America.

Eastman buying Solutia for $3.4 billion
KINGSPORT, TENN. (Jan. 31, 2012) -- Specialty plastics and chemicals maker Eastman Chemical Co. has acquired Solutia Inc. -- a maker of specialty plastic films and specialty chemicals -- for almost $3.4 billion.

Mold-Masters spends $20 million to expand China hot-runner plant
GEORGETOWN, ONTARIO (Jan. 31, 2012) -- Fast-growing markets In Asia have prompted Mold-Masters Ltd.to recently complete a $20 million expansion of its Kunshan, China, hot runner plant.

Appeals court affirms Dow's victory in PE patent case
WASHINGTON (Jan. 31, 2012) -- Dow Chemical Co. has won a $76 million settlement from Nova Chemicals Corp. in a legal conflict over enhanced polyethylene resins.

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