Kia plans to use recycled plastic from a 55-tonne haul of ocean plastics recently reclaimed from the Pacific Ocean in its new EV models. The record-breaking amount of plastic reclaimed by Kia’s global partner, The Ocean Cleanup, marks the next phase in a seven-year global partnership agreed in April 2022. The Ocean Cleanup, an international non-profit project with the mission of ridding the oceans of plastic, landed its plastic catch…
PVC and polystyrene resins both posted surprising increases August, after several months of declining prices. Senior Reporter Frank Esposito stops by Material Insights to talk about the production issues that impacted PVC, higher benzene feedstock prices that pushed up PS, plus his take on whether more increases are on the horizon.
Advanced Manufacturing Minneapolis has announced that Brad S. Sutton, MD, from Boston Scientific will be a keynote speaker at the event, which includes the Plastec and Medical Design & Manufacturing (MD&M) shows. Sutton will explain how innovations in medical technology are saving ever more lives as well as demonstrably improving the quality of life of patients. In particular, he will discuss the evolution of left atrial appendage closure devices in…
ID Additives Inc. is showcasing its purging products line at IMD Expo, Sept. 20-21 in Novi, Mich. At the event, technical manager Dave Denzel will be addressing best practices for molders to improve their purging process. In addition to purging products, LaGrange, Ill.-based iD will show its foaming agent molding solutions, mold cleaning systems and coolant products. In a news release, officials said iD’s purging products are ideal for cleaning…
The futures of materials firms Covestro and DuPont have drawn commentary from market analysts. Analyst Philipp Stuelken of financial website Seeking Alpha is bullish on Covestro, which in July rejected a buyout bid of more than $12 billion from Abu Dhabi National Oil Co. (ADNOC). “Even though these rumors have a high influence on the share price, I also see a compelling investment case regarding the fundamentals, which started improving,”…
Prosecutors in the Dominican Republic have asked for a one-year prison sentence for one of the alleged owners of a plastics recycling facility where a massive explosion and fire claimed several dozen lives. They also want his wife and daughter, said to be co-owners, to be fined and banned from leaving the Caribbean island while investigations continue. Edward Armando Vidal Garrido, his wife Maribel Sandoval Almánzar and the couple’s daughter,…
Wittmann Battenfeld is pulling out all the stops at Fakuma this year. We previously reported on the eight-station energy efficiency path that the company will lay out in its booth and the EcoPower B8X injection molding system, which will make its debut at the event. Here are some more highlights that you can expect to see on the Wittmann Battenfeld stand (booth 1204 in hall B1) at Fakuma, which returns…
An EPA plan for tighter limits on toxic chemicals in plastic waste may be a preview of how it could regulate feedstocks for chemical recycling.
After a hectic first half of the month, spot resin trading maintained the more relaxed pace observed in last week’s Resin Price Report. Prime polyethylene (PE) and polypropylene (PP) prices held firmly flat at the PlasticsExchange. The resin clearinghouse reported in its Market Update that it continued to see the bottom side of the spectrum shore up, as lower end buyers conceded to rising levels. A good number of railcars…
Plastic Omnium announced this week that it plans to build the largest North American hydrogen storage manufacturing plant in Grand Blanc Township, MI, to supply a major American automaker. The company will design, develop, and produce high-pressure hydrogen storage systems for medium- and heavy-duty zero emissions mobility. In addition, a state-of-the-art validation and prototyping lab will be commissioned to ensure product safety and customer support. The total capital investment is…