As Plastics News marks its 25th year of publication, we take a year-by-year look back at some of the events, people and curious coincidences that have shown up its its pages. Check back through the end of the year (not including holidays) to follow along. This year: 2000.
Fortune magazine names Lego toys the play product of the century because of their influence on people's lives.
International Packaging Corp. has stopped making commodity PS CD jewel boxes because it cannot compete with low-cost offshore production.
Donald Duncan is named the new president of SPI. He's previously served and president and CEO of DuPont Dow Elastomers LLC. He will start his new post dealing with the fallout of SPI's recent fights with APC and failed consolidation talks.
After years of development, the first thermoset truck beds hit the market, although in limited size and scope. Ford's new offshoot, the Explorer Sport Trac, feature a 4-foot composite bed.
TRW Inc. signals the auto industry's push to move more production to Tier 2 suppliers at the annual SAE conference in Detroit. “We just make too much stuff,” says TRW President David Cote.
Plastics News' tongue-in-cheek prediction for the plastics industry in 2014? “Out of sheer boredom, Exxon Mobil Phillips Chevron Corp. and Dow Union Carbide-Lyondell Oxy LLC — the megafirms that control 97 percent of the North American resin market — swap their massive petrochemical holdings in a one-year contest to see who can post higher returns.” (At least a couple of those names are still in plastics, though not necessarily in that configuration. Not a word, by the way, about shale gas and oil.)
A mold maker gets a sense of what the future holds when he takes part in a trade visit to China to see what Chinese toolmakers are doing. Stopping at one shop, a toolmaker recognizes a job under way. “I bid on that,” he says
Five of the world's largest resin companies — BASF, Bayer, Dow, DuPont and Ticona/Celanese — sign an agreement to develop a coordinated central online hub where injection molders can buy resins.
The Bad Boys are getting into plastics. Two of them, anyway. Two members of the world championship Detroit Pistons basketball team — Vinnie Johnson and Joe Dumars — announce plans to launch joint ventures to produce parts for the auto industry. They join former Piston Dave Bing, who ran a handful of Tier 2 suppliers prior to his stint as Detroit's mayor.