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JM Eagle urges judge not to accept Formosa settlement

Published: Thursday, December 12, 2013 7:12 PM Beijing Time

Attorneys for JM Eagle are asking a federal judge not to approve a $22.5 million settlement between the plastic pipe maker's former parent company, Formosa Plastics Corp. USA and 45 government entities, saying it is "woefully inadequate."


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Radici resins used in World Cup seats

Published: Thursday, December 12, 2013 7:11 PM Beijing Time

The plastic seating at major football venues include flame retardants to reduce the risk of a fire spreading, and that will be the case at Brazil's stadiums next year. Italian engineering plastics supplier RadiciGroup said six of the 12 stadiums have seating made of its flame retardant Radiflam range of nylon 6 materials.


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Coke testing shrink sleeve designed for easier recycling

Published: Thursday, December 12, 2013 7:08 PM Beijing Time

Full-wrap shrink sleeve labels are a marketer's dream and a recycler's nightmare. But one of the largest companies in the world believes it is on to a solution for a problem that's been creeping up on the PET recycling industry in recent years.


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South Korean molder building US plant in Alabama

Published: Thursday, December 12, 2013 7:06 PM Beijing Time

South Korean injection molder Taesung Precision Co. Ltd. will build its first U.S. plant -- and first site that makes auto parts -- in Shorter, Alabama.


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US compounder expands, plans acquisitions in China

Published: Thursday, December 12, 2013 7:05 PM Beijing Time

Materials firm Saco Polymers Inc. is building a 20,000 square-foot corporate office at its headquarters site in Sheboygan, Wisconsin. Saco -- a supplier of cross-linked compounds and similar products -- also has signed a letter of intent to buy two Chinese compounding plants, although that deal has not been completed.


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Promens to make major investments in China, Asia

Published: Thursday, December 12, 2013 7:03 PM Beijing Time

Plastics processor Promens hf is speeding up its expansion into China and launching a broader push into Asia that will see it set up several factories there in the next few years, the company's top executive in the region said.


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Compounder Citadel makes acquisition, plans second plant in China

Published: Monday, December 09, 2013 9:37 PM Beijing Time

Citadel Plastic Holdings Inc. sure likes spending its money in Evansville, Ind. The company, which also is planning to build a second plant in China, has purchased compounder Lucent Polymers.


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Dow Chemical to separate chlorine business

Published: Monday, December 09, 2013 9:35 PM Beijing Time

Dow Chemical Co. is spinning off what it calls "a significant portion" of its chlorine value chain, including its global epoxy business and units that make feedstocks used in PVC production


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US molder with a plant in China adds technical center

Published: Monday, December 09, 2013 9:33 PM Beijing Time

Evco Plastics has converted 5,000 square foot of space into a technical center as it starts a program aimed at remaking its headquarters into an innovation center.


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US molder invests in its largest molding machine

Published: Monday, December 09, 2013 9:31 PM Beijing Time

SALINE, MICH. -- Officials of MMI Engineered Solutions Inc. showed off a large new Negri Bossi Bi-Power injection molding press at an open house Dec. 4 -- part of an expansion by the automotive molder that signals the robust auto sector will keep investing in machinery.


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