German plastics group reports on sales
BAD HOMBURG, GERMANY Despite a drastic collapse in the first quarter of 2009, the German plastics industry's umbrella trade group says there already are signs of the business situation brightening.
Bad Homburg-based Wirtschaftsvereinigung Kunststoff (WVK), which starting this month represents German machinery and materials suppliers and processors, said plastics materials producers suffered a 35.5 percent decline in sales in the first quarter of 2009, compared to the German plastics processors' sales that were down 19.8 percent in the same period, mostly the result of reduced exports. Their domestic sales were down 17.2 percent.
German plastics and rubber machinery producers experienced a 27 percent decline in sales.
Reinhard Proske, WVK president, rated the drastic declines as a historically crucial event in the plastics industry that has been growing for decades. Nevertheless, he sees no reason to be gloomy in the long term.
Next Resins compounding recycled resin
CHICAGO Recycler Next Resins LLC has entered the compounding market.
Toledo, Ohio-based Next Resins is offering recycled-content compounds based on a variety of resins, including nylon, polypropylene and polycarbonate.
We can offer equivalent material at lower costs, President Rajiv Naik said in an interview at NPE2009 in Chicago.
The firm's compounds combine recycled content with several additives, including glass, minerals, antioxidants and heat stabilizers. Potential markets include automotive, furniture and hand tools.
This is a further value addition for us, Naik said. We're taking green products to the next level.
He added that Next Resins can benefit by making its compounding move in a tough economy because every molder is looking for a cost advantage.
Next Resins recycles about 30 million pounds of material annually, with about 80 percent of that amount coming from industrial sources.
Plastic News' online videos tell NPE tales
CHICAGO Some things are better seen than read. That's why Plastics News is using video to help tell some of the more compelling personal and corporate tales of growth, change and new technology emerging from the show floor at NPE2009, held June 22-26 in Chicago.
In addition to producing its traditional print show dailies, PN posted a series of 16 news videos during the show. Videographer Steve Raddock caught up with most of this year's Plastics Hall of Fame inductees at the reception just prior to their induction banquet Monday, and has supplemented those brief interviews with clips about cool new technology, about the IDSA/Plastics News Design Award winner, and about someone who is putting together a television documentary about the plastics industry, among other topics.
You can view all the clips at www.plasticsnews.com/npe, which also features more than 100 news stories from the show (with more to come).
Bankrupt rotomolder auctions off plant
HUMBOLDT, SASKATCHEWAN Rotational molder Del-Air Systems Ltd., a manufacturer and distributor of livestock ventilation systems, stopped production March 4, due to bankruptcy.
The company, based in Humboldt, auctioned off all of its property June 24, according to Grasswood Auctions in Saskatoon, Saskatchewan.
Items listed at the Humboldt plant for auction included rotomolding and assembly equipment, shelving and office equipment, along with the plant itself. The firm's welding shop and equipment in Watson, Saskatchewan, also were auctioned.
Greg Wells, former ventilation division manager for Del-Air, said everything was sold, including the facility and the four operational rotomolding machines.
The company began manufacturing and distributing agricultural heat-recovery ventilators in 1981, and added its third rotational molding unit in 1990. Del-Air served markets for dairy, poultry and hog products, and hurricane and chimney fans.
The company employed 70 at the time of closure.