Blog

Three of Unique Fabricating Inc.’s largest customers have agreed to bail out the insolvent supplier with price increases and investment of up to $15 million to tide over the company until it sells itself and restructures. General Motors, Stellantis and Yanfeng Automotive Interior Systems Co. entered into an accommodation agreement with the Auburn Hills-based supplier on May 22, according to a filing with the U.S. Securities and Exchange Commission. At…

In-mold electronics is an emerging technology that produces multi-functional surfaces for applications in an array of industries, including consumer products, automotive, and medical technology. It has tremendous potential: Valued at $147 million in 2022, the in-mold electronics sector is projected to grow at 28.8% CAGR from 2023 to 2030 and reach $2.8 billion by 2030, according to Verified Market Research. To learn more about the technology and its reach, PlasticsToday spoke with technology analyst…

India’s Vasantha Group has established its first North American facility in West Chester, OH, near Cincinnati, where it will build high-cavitation precision molds for the medical and packaging markets. Image courtesy of Vasantha Group Shawn Schnee, CEO,Vasantha Tech. Vasantha Tech, as the US operation is called, is headed by Shawn Schnee, an industry veteran who has held positions at iMFLUX, where he was manager of advanced engineering, and medtech giant…

Sumitomo Mitsui Banking Corp. joins other well-known names in to invest in circular plastics projects through Closed Loop.

As the second round of the global plastics treaty kicks off in Paris, plastics industry groups and companies step up their presence with about 60 delegates from different companies and trade associations, roughly double the first round of talks in Uruguay in November.

3D printing companies Stratasys Ltd. and Desktop Metal Inc. announced that they have entered into a definitive agreement to combine the companies via an all-stock transaction valued at approximately $1.8 billion. Described by Desktop Metal co-founder and CEO Ric Fulop as a “turning point in the next phase of additive manufacturing for mass production,” the deal brings together the polymer-based 3D printing expertise of Stratasys with the industrial mass production…

The new materials also allow UBQ products to be compounded with a brighter spectrum of colors beyond brown, black and gray.