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November 21, 2009

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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.

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.

China’s manufacturers mull ways to boost industry

Chan

HONG KONG (June 30, 2009) -- Stung by the collapse of their export markets, Chinese manufacturers should not look for that big volume business to return and instead ought to explore new areas such as manufacturing products targeted at niche markets, using better industrial design and looking inward at Chinese culture for inspiration. That, at least, was some of the advice coming from manufacturers and industrial designers -- like Eric Chan, a native of Guangdong province and now president of industrial design firm Ecco Design Inc. in New York -- at a Hong Kong forum on reinvigorating the sagging manufacturing industries in the Pearl River Delta.

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TSL thermoformer aims for mid-size market

CHICAGO (June 23, 2009) -- Thermoforming Systems LLC is using NPE2009 as a platform to launch a product into the growing mid-sized trim in place machine market. This market segment is dominated by European suppliers and offers great opportunities to sell machines worldwide, said President James Naughton.

U.S. thermoformer of pickup truck bedliners closes line
PORTAGE, WISCONSIN (May 19, 2009) -- The slowing North American auto industry and consumers’ shifting away from trucks is prompting Penda Corp. to close one of its two U.S. thermoforming lines making pickup truck bedliners. The company will shut down extrusion and most of its thermoforming in Lapeer, Michigan, cutting about 112 jobs by July 17, Penda officials announced May 12. Executives believe the U.S. auto market has undergone a “structural change” with a consumer shift to smaller cars, away from the trucks that were the core of the heavy-gauge thermoforming business for Penda.

SPI stimulus brings Nissei back to NPE

WASHINGTON, D.C. (March 24, 2009) -- In light of current economic conditions, the Society of the Plastics Industry Inc. (SPI) has put in place what it calls an “economic stimulus” of financial incentives designed to lower the overall cost of exhibiting at NPE2009 and to prevent exhibitors from incurring unexpected move-in and move-out costs. The offer already has succeeded in getting Japanese injection press supplier Nissei Plastic Industrial Co. Ltd. to reverse its recent decision to drop out of the show.

Plastics Hall of Fame to induct 9 new members at NPE

CHICAGO, ILLINOIS (March 17, 2009) -- The Plastics Hall of Fame’s class of 2009 covers a global spectrum of leaders in materials, machinery, screws and packaging. The Hall of Fame will induct the nine new members June 22 at NPE2009 in Chicago. Check out Plastics News’ full story about the inductees and their accomplishments.

Two more plastics equipment majors pass on NPE show

Carteaux

CHICAGO, ILLINOIS (March 3, 2009) -- Three high-profile plastics machinery makers have withdrawn from exhibiting at the big U.S. trade show NPE2009 since mid-February. U.S. auxiliary equipment manufacturer ACS Group on March 2 joined injection press makers Netstal-Maschinen AG and Nissei America Inc. in pulling out of the June 22 to 26 show in Chicago. Now Bill Carteaux, president and chief executive officer of the show’s organizer, the Society of the Plastics Industry Inc., is traveling to Asia and Europe to meet with major exhibitors. Carteaux said that at this stage in the game the level of cancellations is on a par with NPE2006, with paid exhibit space about the same as it was for the show three years ago, and that SPI continues to book new space weekly.

German machinery makers expect 20% sales drop in ’09
FRANKFURT, GERMANY (February 24, 2009) -- The German Plastics and Rubber Machinery Association started to experience a decline in orders in mid-2008, but despite a sluggish few months, the year ended with an all-time high, in line with earlier forecasts for the year. But lower order levels will have a marked effect in 2009, with the group predicting that the year will end with a 20 percent drop in sales. The expected decline is based on currently available data.

Malaysian plastics industry set to benefit from AFTA

Lim

KUALA LUMPUR, MALAYSIA (November 18, 2008) -- Malaysian plastics manufacturers are set to benefit from zero export tariffs under the 2010 Association of Southeast Asian Nations (ASEAN) Free Trade Area, or AFTA. The agreement will lower tariffs on finished products beginning January 1, 2010. “As it is, the Malaysian plastics manufacturers have already established a global export market and leads the region in product quality,” said Lim Kok Boon, president of the Malaysian Plastics Manufacturers Association (MPMA).

Malaysian plastics industry urged to upgrade

Fadillah

KUALA LUMPUR, MALAYSIA (November 18, 2008) -- Malaysian Plastics Manufacturer Association (MPMA) members have been urged to work out measures to overcome the challenges imposed by the current financial crisis and looming economic recession. To deal with regional competition, Fadillah Bin Yusof, Malaysia’s deputy minister of science, technology & innovation, called on the industry to upgrade and venture into manufacturing value-added products. The industry should move up the value-chain and must build its competitive edge, he told more than 200 delegates attending the MPMA International Plastics Conference in Kuala Lumpur.

Plastics machinery growth strongest in China, study says
CLEVELAND, OHIO (November 4, 2008) – U.S. research firm Freedonia Group is forecasting a 4.7 percent annual rise in global demand for plastics processing machinery. China is expected to increase plastics processing equipment demand by more than US$1.6 billion (10.9 billion yuan) from 2007 to 2012. By then, China will account for nearly one-quarter of the global market.

Re-evaluating China, from across the Taiwan strait

TAIPEI, TAIWAN (September 30, 2008) -- With costs quickly climbing across the Taiwan strait, many of the island’s companies are reassessing their relationship with mainland China, a region that is both its biggest market and its fiercest competitor. Plastics News spoke with several Taiwanese firms on the subject at the Taipei Plas show, which was held earlier this month.

S. China plastics firms struggling, but eye modernization

GUANGZHOU (September 30, 2008) -- By some estimates, thousands of factories in the Pearl River Delta manufacturing area between Guangzhou and Hong Kong have closed down, as China kicked in tough new tax and labor laws designed to push local industry to modernize. Plastics News interviewed a number of attendees about the subject at the recent AsiaMold exhibition in Guangzhou, including Alfred Au, vice chairman of the Hong Kong Mold and Die Council. Au said, “I think the challenging time will be the coming year.”

German machinery maker touts new thermoforming tech

Thermoformed bottles using new Illig tech

HEILBRONN, GERMANY (August 5, 2008) -- German machinery maker Illig Maschinenbau GmbH & Co. KG is touting its newly developed bottle thermoforming technology, which is designed to produce small polystyrene bottles for applications such as yogurt, juice and isotonic drinks. The Heilbronn-based company claims that its thermoformed bottles are less expensive to make, weigh less, have improved wall thickness control and are virtually indistinguishable from blow molded alternatives.

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.

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