Duraco Specialty Materials buys Strata-Tac
Duraco Specialty Materials makes its fifth acquisition in three years.
We Need to Talk About China, Again
For decades now, China has been all up in our business. From displacing entire manufacturing sectors and competing unfairly with US moldmakers to championing a truly singular definition of intellectual property, China has been a thorn in the side of the plastics industry. You can add China’s pursuit of self sufficiency in plastics to that list, according to some industry observers. Paul Hodges, a business consultant who sits on the ICIS advisory board and…
Plastics treaty talks get down to specifics
The next phase of the plastics treaty talks will get down to specifics on what countries could — and could not — be required to do.
Pretium to pay $252,700 in sex discrimination settlement
A three-year consent decree resolves the case, requiring Pretium to pay more than $125,000 to two female machine operators as well as $2,500 each to an additional group of former female employees.
Leverwood invests $3M in additional capacity
Leverwood Knife Works has recently invested more than $3 million to expand its Red Lion, Pa., factory.
Engel Unveils Expanded Automation Center in York, PA
All systems are go at Engel North America’s expanded automation center at company headquarters in York, PA. The renovation that began in August 2022 culminated with a ribbon-cutting ceremony on June 7, 2023, unveiling 15,000 square feet of production, office area, and logistics space, providing room for increased operations. The expansion doubles the amount of space that was previously available. With 13 projects running in parallel, the expanded facility has…
Energy Advancement Technology on Show at smarter E Europe 2023
Sabic will highlight material solutions suited for the electric vehicle supply equipment (EVSE), battery, solar, and wind industries at the smarter E Europe 2023 event in Munich, Germany, this month. Sabic’s specialty resins, compounds, and co-polymers include bio-based, recycled, and upcycled solutions that contribute to sustainability, as well as grades with performance enhancements and new designs for applications across these rapidly expanding sectors. As an example of this effort, Sabic…
Clean Vision to spend $50M on West Virginia pyrolysis plant
Clean Vision Corp. expects to spend at least $50 million on a pyrolysis plant to convert use plastics in West Virginia.
Layoffs Begin at Phillips-Medisize
Phillips-Medisize has begun the process of permanently closing its plant in Medford, WI, where it employs approximately 170 people, according to reporting from various media outlets. The facility will close permanently by the end of 2023 and production will move to a company plant in Phillips, WI. A contract design and manufacturing organization (CDMO) with considerable injection molding capabilities serving the medical device and pharmaceutical industries, among others, Phillips-Medisize notified state officials in…
LyondellBasell Postpones Oil Refinery Exit
In December, LyondellBasell announced plans to close its Houston refinery by year-end 2023, but the company has decided to extend the business exit to no later than the end of the first quarter 2025. Positive inspections and consistent performance have given the company confidence to continue safe and reliable operations at the Houston, TX, site. LyondellBasell anticipates moderate maintenance spend to support this extension in 2023 and 2024 but remains committed to ceasing operation…