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Plastics make perfect for Saudi Arabia's global giant
Financial Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
In a memorable scene from the film The Graduate, a family friend offers the lead character, played by Dustin Hoffman, some simple career advice: "I want to say just one word to you. Just one word. Plastics." It has certainly been a lucrative industry for Saudi Basic Materials Corporation, the state-controlled giant that has emerged as a global player in plastics, chemicals, fertilizers and metals (which are used to make golf clubs), with operations spanning from the U.S. to China. More


Improved gas-impermeable, transparent food packaging
SPE Plastics Research Online    Share    Share on FacebookTwitterShare on LinkedinE-mail article
An important application of polyethylene terephthalate (PET) is in food and beverage packaging. However, its gas-barrier characteristics are insufficient for packaging large-volume products that are sensitive to changes in oxygen and carbon dioxide content. The use of polymer/layered-silicate nanocomposites has been studied extensively in this context. The complete dispersion of layered silicate in a polymer optimizes the number of available reinforcing elements, thus resulting in many improvements (including of the material's gas-barrier properties). More

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Mark your calendars for the SPE Fall Conferences!
SPE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While SPE conferencing happens throughout the year, the autumn season is typically our most active. Also, more and more new SPE conferences are being produced outside the United States, adding to our global reach as an organization. If you have not attended any of these conferences in the past, or are looking for ways to target market your company or a new product, SPE's Topical Conferences are an excellent option. More


US degradable plastic demand shows strong growth, study says
Greener Package    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The degradable plastics industry has been on the verge of commercial success for decades, relates a new study, "Degradable Plastic," from The Freedonia Group, Inc. However, it reports, demand growth was limited because most degradable plastics were too expensive, were unavailable in large enough quantities, or had performance drawbacks that limited them to niche markets. This situation began to change in the early 2000s, as interest in environmentally friendly products gained strength, boosted by the efforts of major users like Walmart. More

US medical plastics market to grow 5 percent annually through 2015    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. medical plastics market is expected to reach almost 3.5 billion pounds by the end of 2010 and will grow at a compound annual growth rate of about 5 percent, consuming about 4.4 billion pounds by 2015. Commodity thermoplastics dominate the market with a little more than 55 percent of total volume. This sector is estimated at nearly 2 billion pounds in 2010 and should increase at a compound annual growth rate of 4.8 percent to reach 2.5 billion pounds in 2015. More

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California legislature votes down plastic bag ban
San Francisco Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Plastic bags will remain in grocery stores and unloaded handguns can still be brought into Starbucks, but from now on shoppers might know what kind of animal fur was used in their new coat. The Legislature failed to approve bans on single-use plastic bags and the open carrying of guns as the two-year legislative session came to a close last week. More

How Tessy Plastics in Elbridge, NY, fought its way back from the loss of its major customer
The Syracuse Post-Standard    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Tessy Plastics Corp. President Roland Beck had every reason to be feeling good that morning in June 2001 as he drove to work. Business had been good for Tessy, an Elbridge company founded by Beck's father and two partners 28 years earlier. Tessy was making the plastic ink cartridges for Xerox printers. Lots of them. But about two miles before reaching Tessy's plant on Route 5, Beck heard a news report on his car radio that ruined his day and nearly his family's company: Xerox was pulling the plug on its entire line of inkjet printers, a business it had entered just one year earlier. More
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Adhesive from DYMAX Features Built-In Cure Indicator
DYMAX 3225-T-SC adhesive is bright blue in its uncured state, making it very visible when dispensed onto substrates. Upon exposure to UV/Visible light the blue color changes to clear indicating full cure. 3225-T-SC rapidly bonds and laminates PMMA, PC, PVC, PA, and PU. It's ideal for appliance, auto, and aerospace assemblies.

Petronas to buy BP's Malaysian ethylene, PE assets
Oil & Gas Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Petronas agreed to buy BP PLC's Malaysian ethylene and polyethylene production for $363 million in a transaction expected to close by yearend, subject to certain conditions. "The agreement concerns BP's 15 percent interest in Ethylene Malaysia Sdn. Bhd. and 60 percent interest in Polyethylene Malaysia Sdn. Bhd., both of which are operated by Petronas," BP said in a Sept. 1 news release. More

Federal judge won't certify class in plastics antitrust case
The Legal Intelligencer via    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Nearly $47 million in settlements was struck with seven of the defendants in a suit alleging price-fixing conspiracies in the markets for plastics additives, but the four non-settling defendants have now won a ruling that effectively kills the case. In his 42-page opinion in In re Plastics Additives Antitrust Litigation, U.S. District Judge Legrome Davis ruled that the plaintiffs cannot pursue the case as a class action because the theory of their antitrust claims is riddled with fatal flaws. More

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Survey of public's impressions on manufacturing reveals paradox
Plastics Today    Share    Share on FacebookTwitterShare on LinkedinE-mail
Some 78 percent of Americans have a strong view of the significance of manufacturing, seeing it as very important to the country's economic prosperity, while 76 percent, indicate that manufacturing is very important to the standard of living in the U.S. Contrast that with the fact that 55 percent think the long-term outlook for American manufacturing will be weaker moving forward, with only 30 percent of respondents saying they would encourage their children to pursue a manufacturing career. More

Taiwanese Premier Wu calls for cap-and-trade system
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Taiwan's Premier Wu Den-yih has urged the island's Environmental Protection Administration to plan for the introduction of a cap-and-trade system on greenhouse-gas emissions to help reduce pollution. The EPA should coordinate with lawmakers to facilitate the passage of a proposed law that would set the framework for emissions trading, the Cabinet said in an e-mailed statement in Taipei today. President Ma Ying-jeou, who took office in May 2008, has pledged to cut emissions to 2000 levels by 2025. More


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Automakers post sales declines
Plastics News    Share    Share on FacebookTwitterShare on LinkedinE-mail
Major automakers reported sharply lower August sales compared with a year earlier when the U.S. "Cash for Clunkers" program lifted consumer demand for new vehicles. More

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