North American automotive tooling market forecast to reach $8.3B in 2025
Automotive vendor tooling spending will increase year over year at a rate of 13.4 percent to reach $8.3 billion in 2025, according to a new study by Harbour Results Inc.
SK Innovations opts for Plastic Energy chemical recycling technology at Ulsan site
Plastic Energy, a London headquartered chemical recycling company and SK Innovation’s subsidiary for its green chemicals business, SK Geo Centric (SKGC), are joining forces to build a new chemical recycling plant based on technology developed by Plastic Energy. The new plant will be located at SKGC’s recycling cluster in Ulsan, South Korea and will have a projected annual processing capacity of 66,000 tonnes of plastic waste. A Heads of Agreement…
Stabilization Technology Delivers Sustainable HDPE for Blow Molding
Plastics additives supplier Baerlocher has collaborated with processor Envision Plastics, machinery OEMs Bekum America and W. Müller, and polyethylene supplier ExxonMobil Chemical to develop new sustainable plastics for the packaging industry. Baerlocher’s innovative Baeropol T-Blends stabilization solutions significantly enhance the recyclability of virgin polyolefin resins and the quality of recycled high-density polyethylene (re-HDPE) resins used in extrusion blow molding (EBM) applications. The blends are equally applicable to post-industrial recycled (PIR) and…
Berkeley and San Diego debate more plastic bans
Although California recently passed state laws regulating some single-use plastics, some cities in California are getting a head start with their own bans. For example, the state is phasing out plastic produce bags in grocery stores effective Jan. 1, 2025, but Berkley is proposing to move up the ban locally to Jan. 1, 2023. “Berkeley’s accelerating implementation and … in addition to that, they are banning all plastic film carry…
Video: Prepping Better Melt Preparers
Suhas Kulkarni leads a melt preparation workshop at the Polymers Center of Excellence in Charlotte, N.C. on Nov. 10 at the close of the Molding 2022 Conference. On the final day of Molding 2022, the Polymers Center of Excellence in Charlotte, N.C. held a sold out tour and workshop. The workshop was lead by industry consultant and Plastics Technology contributor, Suhas Kulkarni. [embedded content] RELATED CONTENT
Circularise secures 11 million euros in Series A funding round
Circularise, a supply chain software platform for end-to-end traceability, has raised 11 million euros in a Series A funding round led by Brightlands Venture Partners, joined by industry players Asahi Kasei and Neste the company announced on Nov. 17. Previous investor 4impact Capital also participated in the round, which has also been supplemented with grants from the European Commission. Circularise said the fresh capital would be used to advance its…
Thanksgiving Thoughts from Plastics Professionals
Let me start by saying that in a K or NPE year, I always first want to thank the plastics industry and event organizers for showcasing the breadth of innovation made possible by polymer science. This year was particularly special, as K 2022 was the first truly international live industry event since the global pandemic upended our lives. It was, in the best sense of the phrase, a return to normalcy, and…
Talent Talk: Should I Consider a Counteroffer?
When KLA was founded in 1999, less than 10% of the candidates we worked with, after accepting an offer from a new company, received a counteroffer from their existing employer. Today, that number is close to 50%. Recruiters have always told candidates that accepting a counteroffer is a bad idea, that three out of four people who take a counteroffer are not with that company a year later, and so…
Material Insights: More US polyethylene capacity
Plastics suppliers are announcing expansions for polyethylene, chemical recycling and additives.
DeKalb Molded Plastics has new, but familiar, owners
Structural foam molder DeKalb Molded Plastics officially has “new” owners, though both have been with the company for years.