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Platinum Equity buys units from Singapore’s Broadway Industrial

Los Angeles-based investment firm Platinum Equity LLC is paying up to US$111 million to buy two plastics-related businesses from Singapore's Broadway Industrial Group Ltd., including operations in China.


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Indian and Chinese firms form plastics auto part joint venture

India's Minda Corp. Ltd. and China's Shandong Beiqi Hai Hua Automobile Parts Co. have formed a 50/50 joint venture to make plastic auto parts.


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3-D printed tooling project bands together technology and design

Continuing its effort to connect with the industrial design community, PolyOne Corp. returns this year to the annual conference of the Industrial Designers Society of America with a new project showcasing how manufacturing feasibility can be tested with 3-D printed plastic tooling.


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FCS, Chinese partner halt medical molding equipment JV

Changing market conditions in China have halted a planned joint venture to make medical injection molding equipment in China between Taiwan's Fu Chun Shin Machinery Manufacture Co. Ltd. and the Chinese medical device company Shengguang Medical Instrument Co. Ltd.


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Some global plastics machine makers see potential in Taiwan

In the last year, European injection molding machinery makers Arburg GmbH & Co. KG and Wittmann Battenfeld GmbH both set up technical centers in Taiwan, a small but significant sign of increased interest in the local market on the part of global firms.


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Breakthrough technology could slash cost of manufacturing plastics

Scientists from oil and chemical giant ExxonMobil Corp. and the Georgia Institute of Technology have developed a potential breakthrough to reducing the amount of energy and emissions associated with manufacturing plastics and cut costs by up to $2 billion annually.


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Turkey's plastics industry worries about impact of unrest on exports

Turkey's plastics industry is concerned that the failed coup in mid-July is making global manufacturers skittish about the supply chain there, and it plans a publicity effort to try to reassure them and retain business.


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IBM, Stanford on path toward cheaper biodegradable plastics

IBM and Stanford University Researchers are developing catalysts that promise to make cheaper, sustainable, biodegradable plastics with improved properties compared with conventional routes for such plastics.


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Taiwan’s Lung Meng reveals market trends

Tainan, Taiwan-based extrusion and bag-making machinery manufacturer Lung Meng Machinery Co. Ltd. is bucking cross-straits headwinds.


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Absolute Haitian adds California site

Injection molding press distributor Absolute Haitian of Worcester, Mass., is adding Anaheim, Calif., as a site to stock machines and has added another sales representative in southern California.


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