Injection molds made in China are no longer part of the Trump administration's 25 percent tariffs on Chinese imports. In a late December decision, the U.S. government said it was removing molds from the much larger $34 billion package of tariffs it put on China in July. The exemption will last for one year and could be extended.
Global chemical company Indorama Ventures Public Co. Ltd. is expanding its plastics recycling operations into the United States.
The Pennsylvania-based fibers and composites maker has annual sales of almost $100 million.