End Markets>>Packaging

UN calls bans 'effective strategies' to reduce plastic litter

A new report from the United Nations environmental agency says bans and taxes on single-use disposable plastics can be an effective strategy for combating plastic litter. The report also highlights benefits of polymer materials and says there is a need for cooperation with businesses.


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DuPont eyes $40 million upgrade to Chinese compounding plant

DowDuPont Specialty Products is boosting production and research in China with a $40 million upgrade to a compounding facility there, to satisfy the quickening pace of technological change there, especially in the automotive industry.


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Tech-Long, Unique unveil new partnership

Tech-Long Packaging Machinery Co. Ltd., one of the world's largest suppliers of PET stretch blow molding machines and beverage packaging lines, is partnering with another Chinese company, Unique Injection Molding Systems, for joint efforts in the Americas and much of Europe.


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Chinese compounder invests $15 million in US site

Chinese thermoplastic elastomer maker Top Polymer Enterprise Ltd. is investing $15 million in a factory near Atlanta, its first outside China, as it makes a bigger push into the U.S. market.


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Yizumi launches expansion plan

With orders up sizably in recent years, Guangdong Yizumi Precision Machinery Co. Ltd. has announced plans to expand its annual production capacity to 4 billion yuan ($630 million).


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Dow Packaging bets on Asia's middle class

Dow Chemical Co.'s Packaging and Specialty Plastics Division sees Asia's fast-growing urban middle class as a key market in coming years.


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Taiwan's FENC part of group buying unfinished M&G PET plant in Texas

Three global materials firms, including Taiwan's Far Eastern Investment Ltd., have formed a joint venture to buy an unfinished PET resin and feedstocks plant in Corpus Christi, Texas, for $1.125 billion.


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Taiwan's FENC winning bidder for M&G assets in Ohio, W.Va.

A PET plant in West Virginia and an R&D center in Ohio have a surprising new owner in Asian PET giant Far East New Century Corp.


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EU sets out ambitious plans to cut plastics use to protect environment

The European Commission adopted the first-ever Europe-wide strategy on plastics in January, saying that it wanted all plastic packaging in the European Union to be recyclable by 2030.


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Pact buys two Reynolds companies in Asia

Plastic packaging giant Pact Group Holdings Ltd. is buying two Asian packaging companies from Reynolds Group Holdings Ltd.


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