News & Opinion>>Business

Plastindia International University to open this year

The long-awaited Plastindia International University, an effort to boost education and training for India's plastics industry, plans to open with short-term courses this year and be fully operational in 2019, according to one of its leaders.

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EU plastics groups call for stronger legislative base for plastics strategy

The European Commission's ambitious 'plastics strategy' for more environmentally friendly use of plastics should be enshrined in hard law, with sector-wide targets, industry associations are saying.

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Plastindia 2021 moves back to New Delhi

The Plastindia trade show, India's largest plastics fair, is moving out of Gujarat and returning to New Delhi for its next edition in 2021, according to the head of the Plastindia Foundation, which organizes the event.

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Shareholder pressure grows on China XD over privatization offer

Nasdaq-listed China XD Plastics Co. Ltd., one of the country's main suppliers of automotive engineering polymer compounds, is coming under increasing pressure from some of its U.S. shareholders who question the fairness of plans to privatize the company.

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China-based recycler plans $52 million US plant

A company from China plans to spend $52 million to construct an aseptic carton recycling plant in South Carolina that will create an expected 200 jobs.

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China's National Sword continues to cut into US recycling

Many plastic recyclers in the United States are probably making their best quality bales ever, but the seismic shifts in the marketplace, thanks to China's National Sword program, have people still scrambling to move the material.

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China's Haitian sees sales jump 25 percent

Haitian International Holdings Ltd., China's largest maker of injection molding machines, said sales rose 25.8 percent in 2017, with both exports and the domestic market showing similar gains.

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Push for electric vehicles means plastics may take charge

It should not be a shock to automotive suppliers that the plastics industry has an electric future. By 2025, electric and hybrid electric vehicles could account for 33 percent of total vehicle production worldwide, according to data from IHS Markit Ltd., and suppliers are being tapped by OEMs to put different composites and materials into real-world vehicle applications.

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On NAFTA, report says US loss could be China's gain

The leading chemical industry trade association in the United States is warning that China's industry stands to gain if the United States withdraws from the North American Free Trade Agreement.

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China's Minghua chooses Michigan for North American HQ

Auto parts manufacturer Minghua USA Inc. has chosen Troy, Mich., as the site for its North American headquarters.

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