GM electric pickup target: 600,000 a year with historic Michigan investment
The automaker is committing nearly $7 billion, the single largest investment in its history, toward building more electric trucks and electric vehicle batteries in Michigan.
Bottled water firms seek end to PET resin import duties
A bottled water trade group is asking the U.S. International Trade Commission to eliminate anti-dumping duties on PET resin imported into the U.S. from Canada, China, India and Oman.
No One-Size-Fits-All Solution for Plastics Industry to Meet Sustainability Goals, Says Delterra CEO
With the word sustainability on everyone’s lips these days, the international environmental nonprofit Delterra has come onto the scene with a burst of energy, a strong pedigree, and a big mission. Delterra CEO Shannon Bouton. Delterra’s founding partner is consulting giant McKinsey & Co., and its flagship initiative, Rethinking Recycling, “works with communities in emerging economies to build rapidly scalable, self-sustaining waste management and recycling ecosystems that redirect waste into…
Tank Holding acquires Dutchland in rotomolding deal
Tank Holding Corp. already is the largest rotomolder in North America. It builds on its leading position in rotomolding with another purchase that brings two more manufacturing sites.
Amsler Canadian workers told to seek new work as owner Benpac restructures
“We are still investigating the disaster [at the blow molding equipment maker],” Benpac CEO says.
Michigan recycler looks to ocean-bound plastics for growth
Louis Padnos Iron & Metal Co. is spending millions of dollars to expand plastic recycling capabilities at the firm’s site in Wyoming, Mich.
Plastics Fast-Track Electric Vehicle Innovation
The automotive industry is undergoing its biggest revolution in 100 years with the rise of electric and hybrid vehicles. Governments around the world have adopted policies that promote electric vehicles as part of their sustainability efforts, even mandating their implementation in the decades ahead. As the industry continues to adapt, plastics are uniquely positioned to move this revolution forward. Plastics have played a long-standing and important role in supporting automotive…
Solar Panels Drive Solid Growth for Polyolefin Elastomers
The global market for polyolefin elastomers and plastomers (POEs/POPs) is forecast to reach a 7.4% compound annual growth rate through 2030, approaching $6.3 billion in value, according to a report released by MLT Analytics. This impressive growth is set to be fueled by strong gains in solar panel encapsulation at the expense of ethylene vinyl acetate (EVA) resin and supported by advances in impact modification of automotive polypropylene (PP) compounds…
Past Is Prologue
Last week, Plastics Technology opened up submissions for its free, anonymous benchmarking survey for injection molders. Now in its sixth year and coming off its most robust response rate ever, the Top Shops Survey not only gives its respondents an opportunity to audit their operations, but it also takes those results and shows how the respective molder compares to its peers. To properly plan for the coming year, a vital…
R&D Tax Credit Opportunities for Plastics Processors
This has been a hectic time for plastics processors, many of which have ramped up production and development efforts to bring new products to the market, some related to the ongoing pandemic. The great news is that all the time and expenses these processors spent to meet the new demand and expand plastics’ applicability can qualify for the research and development (R&D) tax credit, saving companies millions of dollars so…