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- Tuesday, 13-May-08
- Recycler relocates HQ, adds staff
ODENTON, MD. (May 13, 12:15 p.m. EDT) -- Engineering plastics recycler Intercontinental Export-Import Inc. has closed its 100,000-square-foot plant and warehouse in Odenton and moved much of the operation to its plant in Parkersburg, W.Va. The company has relocated its headquarters from Odenton to nearby Columbia, Md.
- Next Specialty Resins invests in equipment
ADDISON, MICH. (May 13, 11:30 a.m. EDT) -- Recycler Next Specialty Resins Inc. recently installed a new shredding and grinding line to handle high density polyethylene material from the automotive market.
- Monday, 12-May-08
- Retiring owner sells Vision to Layfield Group
RICHMOND, BRITISH COLUMBIA (May 12, 4:40 p.m. EDT) -- Layfield Group Ltd. has diversified with the purchase of Vision Packaging Ltd. Layfield’s Poly Films division extrudes monolayer and coextruded polyethylene structures and does some converting. Vision is a printer and converter specializing in laminated roll stock, stand-up pouches and pressure-sensitive labels.
- Who wields the buying power in China?
GUANGZHOU, CHINA (May 12, 11:55 a.m. EDT) -- While the debate about China often focuses on its economic impact on other countries — trade surpluses, product safety problems and lower inflation from low-cost goods — many foreign firms are quietly shifting their gaze to opportunities in China’s domestic market.
- Husky’s China sites a boon for packaging
SHANGHAI (May 12, 11:50 a.m. EDT) -- Husky Injection Molding Systems Ltd., with two factories in China, is poised to capitalize on the explosive growth of food and beverage consumption — and plastic packaging — by China’s 1.4 billion people, company executives said at Chinaplas.
- China IP system improving, but pitfalls remain
GUANGZHOU, CHINA (May 12, 11:45 a.m. EDT) -- A U.S. report said China is making progress and many government officials are working hard on the intellectual property problem, but it singled out China and Russia as the biggest global challenges. For some China-based IP experts, however, the country is not a black hole for IP because companies have options and the IP legal system is getting stronger.
- Shini building auxiliary equipment factory
SHANGHAI (May 12, 11:40 a.m. EDT) -- Shini Plastics Technologies Ltd. hopes to turn what will be its third production facility on the mainland into the world’s largest production base for auxiliary equipment. The company is constructing a 484,000-square-foot factory near Shanghai and once it is finished, Shini will move production from its Ningbo, China, facility to the new factory.
- Ashland expands resin distribution in China
SHANGHAI (May 12, 11:30 a.m. EDT) -- Ashland Distribution announces an aggressive expansion of its China resin distribution network, with new deals to handle materials from five producers — BASF Corp., Clariant Masterbatches, DSM Engineering Plastics, LTL Color Compounders Inc. and Teknor Apex Co.
- Clariant Masterbatches boosts multilayer work
SHANGHAI (May 12, 11:15 a.m. EDT) -- Clariant Masterbatches is expanding services and adjusting its product portfolio in response to the Chinese manufacturing industry’s need to upgrade products and brand images. As part of this effort, the firm has installed a three-layer blow molding machine at its Shanghai location, to support the development of new color effects for plastic bottles.
- Sabic discusses new investments in China
SHANGHAI (May 12, 11:15 a.m. EDT) -- Sabic Innovative Plastics LP is underscoring the value it attaches to the Asian market, particularly China, by continuing to expand production facilities, research and development centers, and product offerings in the region. The company is launching a new compounding facility with four extrusion lines this month at its plant in Shanghai.
- Ticona makes acetal advances; expands
SHANGHAI (May 12, 11:05 a.m. EDT) -- Engineering resins maker Ticona has remained busy in the research lab even as it continues to ramp up manufacturing capabilities in Asia. The result is Hostaform S 9364 — a resin that doubles weld-line strength and boosts impact resistance by 50 percent over conventional acetal materials, all without sacrificing key properties.
- BASF pushes research & development in China
JINQIAO, CHINA (May 12, 11 a.m. EDT) -- Germany´s BASF AG is emphasizing a coordinated research and development effort in the wide-open China market. “China is a growing market for engineering plastics, especially in automotive, but also in the electrical and electronics field,” said Hermann Althoff, group vice president for engineering plastics for the Asia-Pacific region.
- Global polypropylene market changing quickly
SHANGHAI (May 12, 11 a.m. EDT) -- The world of polypropylene is shifting. PP experts from across the globe gathered April 21 in Shanghai. It was evident from the range of companies and nationalities represented that countries that have dominated the market in years past will be faced with new competition, exporters will become importers and new markets will open up.
- Arkema adding nylon capacity at Changshu site
SHANGHAI (May 12, 10:50 a.m. EDT) -- After a few years of growing pains, Arkema SA is on the move in Asia. The company plans to expand nylon capacity at its Changshu, China, site with the construction of a new facility. The move comes after Arkema opened a development service center at Shanghai in January. Asia makes up 13 percent of Paris-based Arkema´s global business.
- Conair plans operations in Suzhou, Beijing
SHANGHAI (May 12, 10:55 a.m. EDT) -- Auxiliary equipment maker Conair Group Inc., which started production in Shanghai in 2007, plans to open sales and service operations this year in Suzhou and Beijing, executives said at Chinaplas. Conair already has a sales and service center in Dongguan, China.
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