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Canada’s ‘Worst Boss’ Might Be Medtech OEM Owner, Says Trade Union

When an email from Best Theratronics (BTL) owner Krishnan Suthanthiran landed in employees’ inboxes on May 18 ahead of the Victoria Day long weekend, they might have expected a rote corporate message encouraging them to enjoy the down time. What they read went in a wildly different direction. Instead, Suthanthiran lamented the fact that it seemed like “every other weekend is a long weekend in Canada,” cratering productivity. “Canadian manufacturing…

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Resin Price Report: Houston Storm a Prelude to Hyperactive Hurricane Season?

Resin demand surged at the start of the week on May 13, with NPE2024 in the rear-view mirror and buyers aggressively looking for material. Several waves of prime polyethylene (PE) and polypropylene (PP) railcar offers met initial needs and a high volume of resin transacted across the PlasticsExchange’s marketplace, the resin clearinghouse reports in its Market Update. However, offers seemed to dry up midweek and there was considerable unfilled demand…

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DuPont Calls It Splits

DuPont announced yesterday a plan to split the company into three publicly traded entities. Under the plan, the proposed separation of its electronics and water businesses would be conducted in a tax-free process for shareholders. The so-called New DuPont would continue as a “premier diversified industrial company” powered by deep materials science and application engineering expertise, the company said in its announcement. The standalone electronics and water businesses would benefit…

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How to Get Your Share of the $20 Billion Federal R&D Tax Credit

Did you know that the federal government has set aside a massive $20 billion to fuel independent research and development in 2024? The R&D tax credit is a business tax incentive channeling those funds to support a range of innovative activities, and companies in the plastics industry are especially well-positioned to benefit. Regrettably, many businesses miss out on these substantial tax savings simply because they aren’t aware of the program or how broadly…

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Smart Manufacturing Isn’t Just for the Big Guys

Ananth Seshan calls himself an evangelist for the application of Industry 4.0 using advanced artificial intelligence technologies at small and medium size enterprises (SMEs). The buzzwords in that short sentence typically don’t resonate with SMEs because of the perceived cost and complexity of implementing smart manufacturing technology. And that’s where the evangelism kicks in. The CEO of 5G Technologies Ltd., Seshan has spent the better part of three decades helping…

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3D-printed Lens Implant Could Revolutionize Cataract Surgery

A novel polymer blend developed by researchers in England combined with 3D printing could revolutionize cataract surgery. A photopolymerizable resin containing 2-phenoxyethyl acrylate, poly (ethylene glycol) dimethacrylate, and a photoinitiator was used to fabricate a prototype device, similar to a non-refractive intraocular lens (IOL), via stereolithography in a proof-of-principle study at the University of East Anglia in Norwich, UK. The process has the potential to accelerate design and manufacture of…

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Circular Plastics Challenge Targets rPET

Hillenbrand, Net Impact, and Coca-Cola announced the winners of the second annual Circular Plastics Challenge, a global competition that builds awareness and promotes innovation in plastics sustainability and circularity. A key goal of the annual challenge is to mobilize the next generation of plastics-industry leaders with a real-world circularity problem, enabling them to put their experience and classroom knowledge to work on solutions. Participants each year include undergraduates, graduate students,…

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Companies Partner to Get the Lead Out of PVC Recyclate

A transnational collaborative project in Europe is investigating the extraction of heavy metals such as lead from PVC recyclate and reintroducing the materials into their appropriate recycling streams. Initial trials begun in 2021 have now evolved into a pilot phase, with industrial-scale production anticipated by 2030 at the earliest. The three companies participating in this project are described as key players in the PVC value chain. French company Kem One…

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Premix Prepares to Launch US Plant for Electrically Conductive Polymers

Finnish compounder Premix Oy officially opened an office at the site of its first US plant on May 3, just outside Charlotte, NC, to produce electrically conductive (EC) plastic compounds and masterbatches.  In an interview at its NPE stand, Premix Group Managing Director Hanna Ristola said the new facility has been in the works for the past two years. It will begin production in early 2025 with two compounding lines capable…

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Resin Price Report: Lull in Resin Trading as NPE Holds Court

Few fresh polyethylene (PE) and polypropylene (PP) railcar offers were made available to the spot market during NPE week, but the short-staffed PlasticsExchange trading desk did fill a number of relatively urgent truckload needs the week of May 6, reports the resin clearinghouse in its Market Update. Historically, resin pricing is pressured when the plastics industry convenes at a major conference, as transparency is enhanced and competitive situations are created.…

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