Date Archive - January 2023

Numbers That Matter Live January 2023: Expect short-term pain, strong rebound in 2024

U.S. plastics markets should start to improve in the second half of 2023, and the industry should expect strong growth in 2024, according to Plastics News Economics Editor Bill Wood. But in the meantime, some end markets will continue to experience pain as the Fed tries to tame inflation. For company owners and managers watching for signals of a recovery, Wood advises them to keep an eye on the labor…

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7 Sustainably Beneficial Bottle Breakthroughs in Plastics

What can suppliers and brands do to make PET and other plastic bottles better for the environment? We’ve collected seven different examples that represent new approaches that make a sustainable difference. These include lightweighting bottles through reengineered threads, turning them into luggage, making them label-less, and gaining hard-fought certification that assures bottle recyclability. Among the featured companies are suppliers Amcor and Ring Container along with brand owners Beiersdorf, Cove, Hormel Foods, and…

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January’s Most-Viewed Stories

Recycling (plant tour, resin prices, technology types) figured prominently in January’s most-viewed articles along with single-screw extruder vent design, hybrid vs. all electric presses, TCU troubleshooting, perfection in pelletizing, a new drying technology and more. January 2023’s Top 10 Most-Viewed Articles A Recycling Plant, Renewed Prices of Volume Resins Drop–Except for PE Recycled Material Prices Show Stability Heading into 2023 The Right Way to Design Vents in Single-Screw Extruders Word…

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Q&A: Material Selection for Thin-Walled Micro-Molded Medical Devices

Polymer material selection for thin-walled micro-molded medical products will be under the rhetorical microscope during a session at the co-located Plastec West and Medical Design & Manufacturing (MD&M) West event in Anaheim, CA, next month. Patrick Haney, R&D Engineer at MTD Micro Molding, will discuss the requisite characteristics of various polymer categories to fulfill the demands of thin-wall molding and how to determine the optimal materials for a specific application.…

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Here’s a Quick Guide to All That’s Going on at Upcoming PTXPO

Is the PTXPO on your calendar? Let me help you add it: this second trade show for the North American plastics processing market is set for March 28-30 at the Donald E. Stephens Convention Center in Rosemont, Ill. A click here and a click there and you’re calendar will be packed. Two Tech Talk Theaters, one devoted to moldmaking and one to plastics processing. Both are free to attend. Click here…

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China-owned parent company of GD Medical Inc. is buying Trademark Plastics for $42M

Duarte, Calif.-based medical device manufacturer GD Medical Inc. is acquiring Riverside, Calif.-based injection molder Trademark Plastics Inc. for an estimated $42 million. GD Medical is owned by Huangyan, China-based Zhejiang Gongdong Medical Technology Co. Ltd., a publicly traded maker of disposable plastic medical and laboratory products. Gongdong Medical said the final purchase price will be adjusted based on liabilities, accounts payable and estimated closing costs. TPI announced the deal in…

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Georgia home to new PET chemical recycling plant

Chemical recycler Revalyu Resources GmbH is bringing the company’s glycolysis technology to the United States through a $50 million project. The firm is acquiring 43 acres in Statesboro, Ga., with plans to build a 225,000-square-foot PET recycling plant with an initial capacity of up to 225,000 pounds per day. For Vivek Tandon, the company’s founder, the move into the United States, in general, and the Southeast, specifically, makes sense. “From…

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Plastics firms work to eliminate PFAS use as pressure mounts

Wanting to eliminate PFAS, a group of so-called forever chemicals, from plastics and actually eliminating PFAS from plastics are two different things. But Inteplast Engineered Films, the blown film maker, is committing to discontinuing use of the chemicals from production. “We as an organization have made the decision that, in order to simplify things — because we do a mix of industrial and food packaging — the safest thing for…

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Chemically Recycled Plastics Hitch a Ride in Auto Applications

Chemical recycling of end-of-life plastics has its champions and its critics. IDTechEx does not believe advanced recycling solutions are the much-promised silver bullet, nor does it think they have no role to play in a circular economy. As pyrolysis and depolymerization projects ramp up, one question is where the recycled material will be used?  IDTechEx has published a new report — “Chemical Recycling and Dissolution of Plastics 2023–2033” — replete…

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