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Plastic Masterbatch Demand Will Rise to Almost 5.5 Million Tons by 2031

Global demand for plastic masterbatches is projected to reach nearly 5.5 million tons by 2031, according to a new study by Germany’s Ceresana market research institute. The third edition of Ceresana’s global masterbatches study analyzes projected masterbatch output in 16 countries from 55 producers, including Avient, Global Colors, and Americhem. About 1.4 million tons of white-pigment masterbatch were sold globally last year — primarily for use in toys, electrical appliances, automotive parts,…

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Cold Jet Spends $4.9 Million to Consolidate Operations in Ohio

Dry-ice technology pioneer Cold Jet said it plans to invest $4.9 million in a new facility that will house company headquarters, manufacturing, and production under one roof. The move is needed, the company said, to meet demand — during the last two years, Cold Jet has experienced 18% year-over-year growth. Cold Jet’s workforce reportedly has grown more than 30% during the last 10 years and the company said it benefits from “an…

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Eight Ways Manufacturers Can Attract & Retain Customers – Part 3

Plastic processors need to go beyond sales and marketing to gain new customers and retain existing ones. They also must keep improving on the shop floor. Therefore, sustainability, transparency with quality data, and offering short-notice production runs are critical to building customer relationships. Let’s examine these shop floor strategies in this last of three posts on how to attract and retain customers. Go all-in on sustainability: Among global consumers, 73% say they…

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Philips Has a Problem with Plastics

FDA issued an alert earlier this week to notify patients and healthcare providers that Philips Respironics has recalled some of its bi-level positive airway pressure (BiPAP) machines because they may contain a plastic contaminated with a non-compatible material. If the plastic is in the device motor, it may release volatile organic compounds (VOCs), chemicals of concern that can irritate the eyes, nose, and throat and cause difficulty breathing. That can…

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Registration Now Open for Advanced Manufacturing Minneapolis

Registration is now open for Advanced Manufacturing Minneapolis, the Midwest’s only annual end-to-end design and manufacturing event. Taking place on Nov. 2 and 3, 2022, at the Minneapolis Convention Center in Minneapolis, Advanced Manufacturing Minneapolis features five co-located trade shows — Medical Design & Manufacturing (MD&M), Plastec, Automation Technology Expo (ATX), Design & Manufacturing Minneapolis (D&M), and MinnPack — along with keynotes and special information sessions. The event is organized by Informa…

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