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Electric vehicles next growth engine for plastics
Plastics Today
A recent forecast by the McKinsey Center for Future Mobility predicts that battery electric vehicles and plug-in hybrid electric vehicles will make up more than 55% of new vehicle production across China, Europe, and North America by 2030. This represents 47 million units globally — seven times more than in 2021.
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.SPE CALENDAR OF EVENTS

Patents for plastic recycling hit 'record high' in 2021
Resource
Intellectual property firm Mathys and Squire has reported that 2,149 patents for plastic recycling were filed last year, indicating a record high, up 7% from 2021 and an eightfold increase since 2016.
Competition to develop technology that will produce clear recycled plastic is prevalent within the plastic recycling industry, the firm says.
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Promoted By
Wacker Chemical Corporation
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Promoted By
Extreme Coatings
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Resin price report: Buyers have pricing power, but wrangle with delivery delays
Plastics Today
Spot prices for prime polyethylene and polypropylene held flat last week, as a combination of ample supply, poor demand, and global economic concerns weighed on the market. Still, for producers that’s an improvement over the recent pummeling that spot resin prices have taken, writes the PlasticsExchange in its Market Update.
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Scientists from Japan create environmentally friendly plastics
Nature World News
A novel method for producing polymers has been created by researchers in Japan. The creation of more transparent, heat-resistant, and environmentally friendly plastics is anticipated to result from this discovery.
Asymmetric cationic polymerization, a process first used in the 1960s by the research team of Nobel laureate Giulio Natta, allowed for the creation of polymers.
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Planet's plastic problem can be eased by enzyme engineering platform, researchers say
Labiotech
Steps have been taken to tackle the planet’s plastic problem by researchers from the Manchester Institute of Biotechnology.
They have developed a new enzyme engineering platform to improve plastic degrading enzymes through directed evolution.
The platform can successfully degrade polyethylene terephthalate, the plastic commonly used in plastic bottles.
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Reshoring provides safe harbor for medical manufacturing
Plastics Today
As the COVID-19 pandemic exposed dramatic supply-chain vulnerabilities, particularly for the medical industry, the pace of U.S. manufacturers looking to reshore to alleviate those disruptions increased.
Going hand in hand with the reshoring process is the ramping up of automation to increase throughput amid a deepening shortage of skilled operators.
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