Cyro consolidates, closes Ontario site
ROCKAWAY, N.J. — Cyro Industries has closed its Niagara Falls, Ontario, acrylic manufacturing facility and is moving production to two U.S. plants.
John Medina, Cyro president and chief executive officer, said in a news release that the consolidation will cut costs and improve consistency and production scheduling. The shutdown occurred April 17.
Cyro's plants in Osceola, Ark., and Sanford, Maine, will take over Niagara Falls' production of acrylic sheet, double-skinned acrylic sheet and molding and extrusion compounds. Those plants have enough capacity to handle the extra load because the firm has invested heavily in more efficient technologies there. At Osceola, for example, Cyro spent about $35 million on an expansion it completed early in 2000, noted spokeswoman Kathleen O'Connor.
Niagara Falls was Cyro's smallest plant, O'Connor said in a telephone interview from Cyro's head office in Rockaway. It employed 67 of Cyro's total of about 720. The company also runs plants in Fortier, La., and Wallingford, Conn., and technical centers in Orange, Conn., and Mississauga, Ontario.
Firms collaborate on recycled crates
SYDNEY, AUSTRALIA — More than 28 million high density polyethylene milk bottles will be recycled into milk crates each year as part of a joint venture between Dairy Farmers and Reln Plastics Pty. Ltd., both of Sydney.
Dairy Farmers is a division of Sydney-based Australian Co-Operative Foods Ltd.
Peter Herd, general manager of Dairy Farmers' milk division, said each milk crate will use the equivalent of 30 recycled 2-liter milk bottles. The crates will be distributed to Dairy Farmers' distribution centers in Sydney and Shepparton, Australia.
Nigel Nattrass, Reln Plastics managing director, said the crates took a year to develop at a cost of A$1 million (US$502,700).
"We had to develop new manufacturing machinery and systems to cope with the HDPE formulation. ... We needed to get it to a form where it could be injection molded to form crates.
"The challenge was to create a finished product that was as strong as [Dairy Farmers'] original crates and able to withstand the hardships of being stacked up to 10 high and being moved in and out of cold storage rooms," Nattrass said.
Reln adds coloring agents and stabilizers to ensure that the crates retain color and strength.
Crain to launch auto paper in Germany
DETROIT — Crain Communications Inc. will launch a German-language newspaper for the automotive industry in September, at the time of the Frankfurt, Germany, auto show.
The publication, Die Automobil-Woche (meaning Automobile Week), will cover the entire new-vehicle industry, from suppliers to automakers to franchised dealers. It will be based in Oberpfaffenhofen, a suburb of Munich.
Initially, the publication will publish every two weeks for distribution in Germany, Austria and German-speaking Switzerland. Its Web site will provide industry data and breaking news.
Detroit-based Crain publishes 33 consumer, business and trade publications, including Plastics News. The new publication will be the fifth in the Crain Automotive Group, including Automotive News, Automotive News Europe, Automotive News International and AutoWeek.
Indian firm to use Web site to sell resin
AKRON, OHIO — By May 1, Polymerupdate.com of Mumbai, India, will use Akron, Ohio-based PolySort LLC's PolymerSite trading exchange to sell resin in India and surrounding countries, said John Braver, PolySort director of business development.
The Indian firm's licensing agreement includes use of PolymerSite's demand aggregation system to group several resin purchasers and reduce costs. Polymerupdate, launched in November 1999, primarily has been a news and resin-pricing source until now. The company's majority owner and chief executive officer is Sajjid Mitha, who also is CEO of resin distributor Far East Trading Co. in Ch'onju, South Korea. The Indian market is expected to continue its 2 percent annual growth rate in resin purchasing that it has maintained for the past decade, Braver said.
"This gives entry to Polysort into global markets," said Braver, who added that he anticipates more worldwide expansion.
PolySort's U.S.-based site recently formed links to services from GE Capital and Pitney Bowes Escrow Services, Braver said.