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Chen Hsong reports first ever loss

China's second largest injection molding machinery maker is having a down year, and the primary cause may well be beyond its control.

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LyondellBasell acquires PP compounding assets from Indian firm

For the second time this year, polyolefins giant LyondellBasell Industries has made an Indian compounding deal.

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Icon Health shifts molding to China, auctioning equipment

Icon Health & Fitness Inc. of Logan, Utah, has retained the Branford Group to auction the plastics processing equipment in Icon's Logan facility on Dec. 9.

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Indorama fills in ‘missing piece’ with India acquisition

Thailand's Indorama Ventures said Nov. 30 it bought a PET resin plant in India, calling it a "missing piece" of its Asian footprint and banking on anticipated growth from very low levels of plastic use there.

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Ikea takes a slower route for foam in sustainability pledge

Ikea says there will not be enough bio-based foam available by 2020 to replace its existing traditional polyurethane foam in furniture.

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Covestro extends Solar Impulse partnership

Polymer materials supplier Covestro is extending its sponsorship with Solar Impulse, as it prepares to complete its journey round the world in 2016.

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BASF to expand compounding capacity at German site

BASF will produce up to 70,000 metric tons per year of Ultramid (PA) and Ultradur (PBT) at its Schwarzheide site in Germany from 2017, the chemicals giant has revealed.

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VW finds quick plastic fix for 1.6 liter diesel engines

Volkswagen has come up with a plastic technical fix for its 1.6 liter TDI engines in the wake of the so-called "Dieselgate" scandal surrounding emissions from the German group's diesel engines.

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Industry leaders optimistic, planning growth

I was excited to analyze the results of the recent survey conducted by Plastics News Research of the owners/CEOs/presidents of companies in the North American plastics industry.

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Sipa makes collapsible water-cooler bottle

After much work on design and R&D, Sipa of Italy has created a PET water dispenser bottle that collapses as it becomes empty, reducing its size for easier recycling.

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