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Investors buy majority stake in housewares molder Keter

The Sagol family has agreed to sell a majority state in housewares and consumer products molder Keter Group to a London-based private equity firm and Canadian pension investment fund.

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Ube to buy majority stake in Mitsubishi's injection machine business

Ube Machinery Corp. Ltd. is buying a majority stake in the injection press business of fellow Japanese firm Mitsubishi Heavy Industries Ltd., a consolidation meant to cope with an “increasingly severe” business environment, Mitsubishi announced July 29.

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PennEngineering buys Heyco to get into plastic

PennEngineering, a Danboro, Pa.-based maker of metal fasteners and inserts, has moved into the plastics arena by purchasing Heyco Products Inc.

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Chevron Phillips opens PE pilot plant in Oklahoma

Chevron Phillips Chemical Co. has opened a pilot plant for polyethylene resin at its research and technology site in Bartlesville, Okla.

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McNeely Plastic expands at two Mississippi plants

McNeely Plastic Products Inc. is expanding its extrusion and converting abilities at two locations, its existing plant in Clinton, Miss., and a new factory 35 miles away in Hazlehurst, Miss.

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Imports continue to drive down PP pricing

The June resin pricing picture offered a little something for everyone in the North American market.

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LyondellBasell confirms US Gulf Coast HDPE project

LyondellBasell Industries has confirmed that it will build a new high density polyethylene resin plant on the U.S. Gulf Coast.

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Barnes gives more details about Foboha in quarterly report

Barnes Group Inc. CEO Patrick Dempsey said the Foboha rotating-cube mold business, which the company announced it was buying July 12, strengthens its Molding Solutions unit — and is an especially good fit with the Otto Männer specialty of stack molds and hot runner systems.

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Worker killed at Michigan thermoforming plant

A worker at thermoforming company Duo-Form Plastics has died as a result of injuries suffered July 27 at the company's Edwardsburg, Mich. factory.

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Battelle growing more uses for soy-based plastics

Battelle Memorial Institute wants to bring more soy to the world of plastics.

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