Hong Kong plastics firms report mixed results
Hong Kong (October 27, 2009) -- Hong Kong-based compounder Ngai Hing Hong Co. Ltd. said it is seeing signs of recovery in its Chinese factories, while other plastics firms reporting financial results
recently at the Hong Kong stock market were more cautious.
Cereplast develops algae-based bioplastics
HAWTHORNE, CALIF. (October 26, 2009) -- Bioplastics maker Cereplast Inc. plans to launch a line of bioplastic resins based on all-natural algae by the end of 2010. The company said the algae-based
resins could be blended with polypropylene or other standard resins and used in injection molded or thermoformed parts.
Two Indian housewares firms continue expansion
GUANGZHOU, CHINA (October 19, 2009) -- Plastic packaging extruder Specialty Polyfilms India Pvt. Ltd. invested in a significant capacity expansion in August, as the company sees growth for its plastic
food wrap. Meantime, household goods injection molder Princeware International Pvt. Ltd. is planning to add 15 injection molding machines at its Mumbai headquarters factory.
Netstal ends short-time manufacturing
FRIEDRICHSHAFEN, GERMANY (October 15, 2009) -- Swiss injection machinery maker Netstal AG will return to full-time work schedules beginning Nov. 1, citing a significant improvement in orders. Netstal
is believed to be the first of the major machinery makers to bring short-time working measures to a close. The company has a sales and service office in Shanghai.
Molder takes production from China to U.S.
GREENVILLE, MICH. (October 14, 2009) -- Two injection molders plan to add more than 100 jobs in Greenville, including a company bringing business to the United States from China. Zero1 LLC of Ada,
Mich., has been involved with designing and backing office chairs made in China, but now plans to launch production in Greenville.
Dow Chemical unveils new solar shingles
MIDLAND, MICH. (October 11, 2009) -- Dow Chemical Co. on Oct. 5 unveiled a line of photovoltaic solar panels that can be integrated into rooftops with standard shingle materials. Dow's Powerhouse
solar shingles integrate thin-film photovoltaic cells into a proprietary injection molded roofing shingle design. The solar shingle systems will be available in limited quantities by mid-2010, and
Dow expects them to be widely available in 2011.
Nypro closing Guangzhou injection molding plant
CLINTON, MASS. (October 6, 2009) -- Nypro Inc. will close its plant in Guangzhou, China, and move production to its plant in Shenzhen. The consolidation is expected to be completed by February.
West officially opens first plant in China
LIONVILLE, PA. (September 29, 2009) -- West Pharmaceutical Services Inc. has opened its first manufacturing operation in China – a plastic injection molding factory in the Shanghai Qingpu Industrial
Zone. Full commercial production will begin late in the third quarter.
Rexam won over by all-electrics
MUNICH (September 29, 2009) -- Rexam Pharma GmbH product and technology manager Frank Henninger says a study of all-electric vs. hydraulic molding machines at its Neuenberger, Germany, plant has
revealed huge energy saving potential and focused its future investment strategy in the all-electric direction.
EcoPower press makes debut
 EcoPower 100 injection press
MEINERZHAGEN, GERMANY (September 29, 2009) -- Wittmann Battenfeld GmbH originally intended to give the first public viewing of its new electric-drive EcoPower injection press at the Fakuma 2009 trade
show in mid-October. But the company decided to lift the wraps on the new machine a bit early, at the official opening of its new sales and service center in Meinerzhagen — a town about 50 miles
northeast of Cologne — on Sept. 10.
Iris adding machinery to global housewares operations
 Ohyama (L), Keizer
PLEASANT PRAIRIE, WIS. (September 29, 2009) -- Housewares injection molder Iris USA Inc. is adding new equipment to improve efficiency at its plants in Pleasant Prairie and Mesquite, Texas. The
company will install 50 new JSW all-electric presses, plus 38 Motoman robots, by the end of the year. Iris USA’s parent company, Sendai, Japan-based Iris Ohyama Inc. also is adding new machines in
Europe, Japan and China.
Cosmos sees improvement, but reports a loss
Hong Kong (September 29, 2009) -- Cosmos Machinery Ltd., one of China’s largest injection press makers, said first half 2009 machinery sales fell 44 percent, although it said it’s seeing signs of
a pickup in China and some overseas markets.
Sunarrow closes Hungarian manufacturing plant
TOKYO (SEPTEMBER 29, 2009) -- Japanese electronics component moulder Sunarrow has announced the closure of its Hungarian manufacturing plant in Komárom with the loss of 76 jobs. The Tokyo-based
company also operates three Chinese plants in Xiamen, Beijing and Shenzhen, one at Saraburi, Thailand, and four in Japan.
Thin-walled packaging market holds up in Europe
LONDON(September 22, 2009) -- The European market for thin-walled packaging is standing up relatively well and accounts for over 2.5 million metric tons of thermoplastics, according to AMI Consulting
in a new pan-European multi-client report.
ERP systems maker IQMS opens India market
BARODA, INDIA(September 22, 2009) -- IQMS Inc., the maker of enterprise resource planning systems for plastics processing, has a new partner to serve the fast-growing India market - IQMS ERP India
Pvt. Ltd., located in Baroda.
Aerospace market in Asia attracts global firms
 Medalie
HONG KONG (September 15, 2009) -- Projections for solid growth over the next 20 years in Asia’s aerospace market, even factoring in a slumping market from the economic crisis, are drawing some
plastics firms to look for opportunities there. Several American, Japanese and Hong Kong firms came to the Asian Aerospace International Expo and Congress, held Sept. 8-10 in Hong Kong, hoping to tap
into the Asia Pacific market or reinforce their position in the aviation supply chain.
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