South America-based Plastilene setting up production, R&D in Ohio
Plastilene expects to spend millions to establish its first location in the United States.
AGC expanding in Pennsylvania
AGC designated the Thorndale plant for expansion and execution of its plan because of its strong technical capabilities.
PureCycle, SKGC to Build Asia’s First Polypropylene Recycling Plant
South Korean polypropylene (PP) producer SK geo centric (SKGC) and Orlando-based advanced recycling company PureCycle have signed a non-binding head of agreement (HOA), aka term sheet, to establish Asia’s first recycled PP plant. The facility in Ulsan, South Korea, which is expected to be completed by the end of 2024, is projected have an annual production capacity of 60,000 tons. The two companies first entered into a business relationship in August…
A Look Ahead to 2022
I found, dusted off and sanitized my crystal ball. I peered in. This is what a saw: Industry 4.0; Time to Take a Look: The move to big data has gotten off to a slow start among North American processors. Some questions still linger: “Data is great, but how am I going to use it to make money? Do I need to hire a data scientist?” That said, I’m expecting…
New Electric Molding Machine Achieves Best-in-Class Speed, Precision
A new, all-electric injection molding machine featuring a toggle-link design achieves best-in-class speeds in the dry cycle, according to LS Mtron. The ONE*-E machine is suited for high-speed thin-wall molding and will be shown for the first time at Plastec West in Anaheim, CA, on April 12 to 14, 2022. The ONE*-E line is currently available in five sizes — 120, 140, 190, 310, and 390 tons — with four additional models coming…
California panel urges crackdown on ‘illegal’ bag recyclability claims
A widely watched advisory panel in California wants the state attorney general and others to probe what it calls misleading recycling claims on plastic bags and flexible film packaging.
RPM Tool adds services with Holzmeyer acquisition
RPM Tool is a small-to-medium size machine shop that specializes in tight tolerance automation components. Holzmeyer offers mold design and fabrication, die stamping, sonic welding and injection and insert molding.
Sweden’s Rosti Molds a Future in America with PCI Purchase
Injection molder and contract manufacturer Rosti Group AB has a global footprint that spans Sweden, where it is headquartered in Malmö, Germany, the United Kingdom, and Eastern Europe to Turkey, Malaysia, and China. The missing piece in that geographic puzzle was the United States . . . until now. The company announced yesterday on its website that it has acquired Plastic Components Inc. (PCI) from private equity firm MPE Partners.…
TricorBraun builds on packaging platform with two acquisitions
Packaging distributor TricorBraun, which has expanded over time through a series of deals, is adding two more companies to the fold.
Emerging Markets Are a Missed Opportunity for Medical Device OEMs
Have medical device manufacturers been dropping the ball on emerging markets? Most would agree that emerging markets presents a huge growth opportunity for medtech, but an op-ed penned by an industry thought leader suggests that medical device manufacturers may be trading long-term success for quick wins in emerging economies. “That’s because, rather than developing and tailoring products to meet the individual needs of each local market, medical OEMs have instead…