Polyethylene provided the most drama in commodity resin markets for April, as North American PE makers needed considerable effort to push through a 3-cent-per-pound price increase.
Viking Group, which acquired the facility and BlazeMaster product line from Nibco Inc., will retain some of the 97 employees.
The Verbund plant will launch with an engineering plastics compounding production capable of turning out 60,000 metric tons per year.
The U.S. plastics tooling sector should benefit from lower steel and aluminum prices, but experts are taking a wait-and-see attitude on the impact of lifting tariffs from Canada and Mexico.
A directive will ban items that are most often found on European beaches, including plastic cutlery, plates, straws and cotton swabs as well as abandoned fishing gear and oxo-degradable plastics.
Plastics Machinery Group has invested about $700,000 to renovate a factory building into a showplace for its equipment.
German machinery maker KraussMaffei Group GmbH is building a new plant in China that will double its capacity there, as the company expects to see China play a larger role both as a source of research and as a machinery export base.
German machinery maker Arburg is building a new assembly plant for production of its large Allrounder injection molding machines and other turnkey systems.
This month, Best Practices takes you to tiny New Vienna in southwestern Ohio, and the Huhtamaki packaging factory there, where they invested in a sophisticated automation system to injection mold the company's Chinet dinner plates, including a fast side-entry robot from CBW Automation Inc.
As Europe and the U.S. look to ban single-use plastics, Taiwan's machinery makers eye growth in emerging markets seeking reliable sources of clean water.