中文 | PLASTICS NEWS.COM  
 
Friday
August 29, 2008
News
China Home
China Blog
Business/Economy
Materials
Machinery
Molds/Tooling
Design/Innovation
Environment
Beijing Olympics
Calendar
Opinion
K show Webcast
Trade Associations
End markets
Automotive
Packaging
Consumer Products
Computers/Telecom
Electrical/Electronics
Medical
Building/Construction
Processes
Injection Molding
Extrusion
Blow Molding
Thermoforming
Rotational Molding
Services
About Us
Contact Us
Classified Ads
Advertise
Privacy Policy
Story Reprints
This site is published by Plastics News, Crain Communications' international newspaper for the plastics industry.
 
Medical
Plastics help designs bring home IDSA gold

One project provides low-cost, energy-efficient laptops to children around the world.
DULLES, VIRGINA (August 5, 2008) -- A low-cost laptop, a featherlike welding helmet and a customized baby bottle used plastics in winning this year’s International Design Excellence Awards. Components in plastic appeared in about two dozen of the gold winners in the annual contest, co-sponsored by the Industrial Designers Society of America in Dulles and BusinessWeek magazine. A panel of 20 designers and evaluators judged 1,517 entries from 33 countries to select the award winners. Plastics News presents the plastics-related highlights of the gold award winners in the full story.

Foamex reduces debt, lays out growth plans

Foamex´s “green” foam chair
LINWOOD, PENNSYLVANIA (July 29, 2008) -- After Foamex International Inc.’s stockholders meetings this month, the company’s top executive released the company’s growth plans and outlined key product launches for the electronics, medical, and industrial markets, including the launch of several sustainable specialty foam products for home furnishings. In addition, the foamer will further expand its footprint in Asia.

Hard times force U.S. molder Modern to shut doors
BENTON HARBOR, MICHIGAN (July 29, 2008) -- Modern Plastics Corp., founded in 1937, is closing down -- a victim, company officials said, of the many hardships facing the U.S. plastics industry. Executives said Modern Plastics got walloped by high costs for resin, utilities, transportation and health care, the inability to pass along price increases, financial turmoil at customers and loss of work to China and Mexico.



International plastics mergers, acquisitions on rise


Blaige
AKRON, OHIO (July 22, 2008) -- International players are big on the mergers and acquisitions scene this year, and, in certain plastics sectors, that’s likely to pick up. Spurring the activity are, in part, the weak U.S. dollar and protectionism, as companies in North America and emerging markets compete for global advantage. Several analysts interviewed by Plastics News noted increases in the numbers of plastics mergers and acquisitions deals in the first half of 2008 versus the same period in 2007. For instance, Tom Blaige, president of Blaige & Co. in Chicago predicts pipe, profile and tube extrusion mergers and acquisitions will increase by nearly 60 percent, driven primarily by cross-border sales of privately held niche companies.

Has China lost its ‘low-cost workshop’ status?

Franz
GUANGZHOU (July 15, 2008) -- Many Chinese manufacturing plants are feeling the pinch from rising costs and a stronger Chinese yuan. And some manufacturers are moving work to Vietnam and other cheaper manufacturing locations. Plastics News interviewed several companies for their take on the situation, including Helmar Franz, executive vice president of Chinese press maker Ningbo Haitian Group Ltd., who said the situation is complex, with some of the company’s customers greatly impacted by China’s rising costs.

Southco consolidates North American injection molding
CONCORDVILLE, PENNSYLVANIA (July 15, 2008) -- Southco Inc. has finished moving its injection molding operations into its 12,500-square-meter manufacturing campus in Concordville, which the company called part of its commitment to manufacturing in North America. Southco molds latches, hinges, handles and other fasteners for a variety of industries, including automotive, aerospace and medical. It has other manufacturing locations in Shenzhen, Shanghai, and Seongnam-Si, South Korea, as well as in North American and Europe.

Design competition goes international for NPE 2009
WASHINGTON, D.C. (July 15, 2008) -- In a break with tradition, the Washington-based Society of the Plastics Industry Inc. (SPI) will make its next design competition an international event and will add new design categories. The competition will be held in conjunction with NPE 2009, scheduled for June 22 to 26 in Chicago, Illinois. In the past, the National Plastics Design Competition was mostly restricted to U.S. entries and limited to load-bearing parts, enclosures and structural parts. The upcoming competition will be open to virtually any type of design, including packaging products, bioplastics, nanocomposites, and products that address energy efficiency and sustainability.



Auto molders may find lifeline in medical
YORK, PENNSYLVANIA (July 8, 2008) -- As the auto market in North America sinks more due to the economic slowdown, foreign competition and gas price hikes, injection molders that supply the industry are losing margin, being pushed to the edge, and, in some cases, out of business. The solution for them may be to switch to the medical-molding business, a high-margin, economic-downturn-insulated and outsourcing-proof sector.

Johnson Medtech completes clean rooms at China plant
SHAJING, GUANGDONG (July 8, 2008) -- Johnson Medtech has opened four new clean rooms in a three-story, 14,000-square-meter facility in Shajing. Johnson Medtech is the medical products part of Johnson Electric Holdings Ltd., one of the world’s largest providers of motion actuators, headquartered in Hong Kong.

Opinion: Design center gala full of surprises


Grace
Plastics News editor Robert Grace recently returned from a trip to China where he was a part of the opening ceremonies of the International Design Center, a joint-venture undertaking between Hong Kong Polytechnic University’s School of Design and Zhejiang University. The joint venture has been a year in the making, and the Zhenhai district government of Ningbo city is offering strong support to help get it kick-started. The aim is to stimulate industrial design and product research and development. Grace shares his observation and experiences of the celebration through the eyes of a Westerner.

CCL Industries adding label capacity in Asia
TORONTO, ONTARIO (June 24, 2008) -- CCL Industries Inc. will try to capitalize on five years of solid Asian sales with the expansion of its CCL Label operations during 2008 and 2009. The Toronto-based packaging supplier will build four new plants in China, India, Thailand and Vietnam and will expand facilities in China and Japan. CCL Industries employs about 5,400 and has 55 production facilities in the Americas, Asia and Europe. CCL Label’s products are sold to the packaging, health-care and consumer goods markets.

U.K.-based BNL to open Thai plastic bearings plant
RAYONG, THAILAND (June 24, 2008) - BNL UK Ltd., a U.K.-based plastic bearing designer and manufacturer, is opening a new factory in Thailand this month. Production will start later this year. Initially, the plant will assemble parts for some Asia-based customers, with further opportunities to transfer other assembly work and molding activities to the factory. The Rayong plant will also start injection molding on seven new Krauss Maffei presses.

Univac expands mold offerings
SINGAPORE (June 24, 2008) -- Singaporean molder and mold maker Univac Precision Engineering Pte. Ltd. believes it is the first Asian company to offer its newly licensed multicomponent mold-making technology. Univac plans to use the Spin Stack technology from Danish firm Gram Technology ApS to expand its offerings in the tools it builds for the export market, for the medical and health-care fields and the caps and closures markets.

Lee Huat Plastics adds all-electrics, design unit

Chen
SINGAPORE (June 17, 2008) -- Malaysian molder Lee Huat Plastics Industries Sdn. Bhd. is taking steps to move into more sophisticated manufacturing and make itself more competitive against low-wage countries. It has invested in 21 electric presses and plans to add three blow molding machines as part of a broader update of systems and capabilities, said Callum K.S. Chen, chief executive officer. The company has also created a subsidiary focused on industrial design.

Coloplast opens low-cost plants in Hungary and China
HUMLEBAEK, DENMARK (April 8, 2008) -- European medical products manufacturer Coloplast Group is involved in a major restructuring and efficiency program with new low-cost plants in Hungary and China. The Humlebæk-based firm makes of special wound dressings and urology and colostomy products.

PN Forum speaker offers keys to unlock creativity

Innovation expert Ken Robinson
TAMPA, FLORIDA (April 1, 2008) -- “Innovation” is something every company wants. But not many managers know how to stimulate and nurture it. The key is fostering the imagination and creativity of all employees, according to an expert on the subject, Ken Robinson. Part of the problem is that most of us, from the chief executive officer to the cleaning person, take imagination for granted and “ignore its power,” Robinson said in the keynote speech at the Plastics News Executive Forum in Tampa.

More Medical News | All News
(listed chronologically)
Most Popular Stories



 
The PN China Blog



What do you think?
Now the Olympics are over, will China slow down its growth?
Yes
No
Current poll results
Comment on poll
Past poll results







Radio interview
Partners
 

Home | About Us | Contact Us | Privacy Policy

Entire contents copyright 2008 by Crain Communications Inc.
All rights reserved.               Terms & Conditions

For information about this web site contact webmaster@plasticsnews.com