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Plastics News (UK) 08/11/2020 12:18
Flexible packaging maker Sealed Air Corp. said Aug. 11 it's made an unspecified equity investment in recycling company Plastic Energy Ltd. Charlotte, N.C.-based Sealed Air said the investment would help the company provide more recycled content plastic packaging for its customers, as part of a pledge it made in 2018 to have 50 percent recycled content across all its packaging by 2025. Plastic Energy, based in London, has technology to take what are traditionally harder to recycle grades of plastic and turn that into oil, to be reused as feedstock again for plastic or into what it said is a low-carbon fuel. The firm currently operates two commercial plants in Spain and has more projects under development in Western Europe and Asia.
Plastics News (UK) 08/11/2020 10:51
While the results announced by Borealis AG for the second quarter of 2020 could not be called good, the company nonetheless maintains a positive outlook. "Relatively speaking, and looking at some of the others in the sector, we haven't done at all badly," CEO Alfred Stern said in a telephone interview. The company announced a second-quarter net profit of 64 million euros ($75.3 million) on Aug. 10, compared to 328 million euros ($386 million) in the same quarter of 2019. The profit fall was mainly driven by a drop in the value of its inventory due to the declining oil price, a decreased advantage from the use of light feedstock versus naphtha, and the unplanned outage of Borealis steam cracker in Sweden.
Plastics News (UK) 08/11/2020 08:30
Let's celebrate the best workplaces for 2020, 2021. Two companies that were among the Best Places to Work in the plastics industry for 2020 have also landed on Crain's Chicago Business'. Distributor M. Holland Co., based in Northbrook, Ill., landed at No. 41 in the ranking and KI Industries of Berkeley, Ill., a supplier of decorative plastic and die-cast components, was No. 94. KI Industries was for Plastics News' ranking in 2020, while M. Holland was at. Registration is now open for the 2021 Best Places to Work in the plastics industry. And now I have an excuse to link this again.
Plastics News (UK) 08/10/2020 15:43
Injury and illness rates in plastics processing plants dropped about 20 percent in the last decade, but smaller factories remain much more dangerous places to work than larger facilities, government safety statistics show. Experts point to a number of factors for the improvement across the industry as a whole, from more technology and automation to reduce hazards, to more focus on safety within companies and efforts to analyze accidents and near-accidents. The plastic product manufacturing industry's injury and illness rate in 2018, the last year statistics are available, fell to a record low of 3.8. While that is progress, the data from the Bureau of Labor Statistics also points to a troubling disparity in injury and illness rates between
Plastics News (UK) 08/10/2020 08:57
Some of the innovations the automotive industry has brought to the creation of personal protective equipment for front-line health care workers are so impressive they are likely to live on after the pandemic fades. Freudenberg Sealing Technologies — a company best known for the seals it makes to keep fluids in engines, transmissions, axles and brake systems — is using its manufacturing prowess to produce items that are reducing the physical toll on health care workers of wearing the safety equipment many hours per day. At the company's Troy, Ohio, plant, engineers Eric Hunt, Kevin Belisle and Marcus Lewis came up with a urethane ear guard that helps hold a face mask in place without causing discomfort where the straps fit behind the ears. T.
Plastics News (UK) 08/10/2020 08:30
Don't rely on caterpillars to clean up your trash. A few years ago, a study came out of China on how insect larvae could eat expanded polystyrene, raising hopes about a solution to plastics trash. Then came a study that a certain kind of moth larvae could eat polyethylene. But don't start celebrating just yet. Fraunhofer Institute in Darmstadt, Germany, has taken a closer look and is strongly urging caution. "The results to date have been startling: According to the project team, the caterpillars eat holes in PE foil, taking in small amounts and losing considerable body mass in the process," of our sister publication Sustainable Plastics . "However, having nibbled through the material, the larvae then stop eating.". Using high-resolution micr.
Plastics News (UK) 08/07/2020 11:30
An Aug. 4 fire heavily damaged Green Tree Plastics LLC, an Evansville, Ind., company known for making plastic lumber for school groups using caps and lids collected by children. The fire started at about 1 p.m. from an exhaust fan and spread quickly when it ignited a pile of plastic pellets, according to the Evansville Fire Department. Workers tried unsuccessfully to put it out with an extinguisher. Ten workers were in the plant at the time. All escaped and no one was hurt. "At this time Green Tree Plastics is closed for business. We are working with water, power, the fire marshals and the insurance agencies at this time to start coming up with a plan to rebuild and move forward," the company wrote in reply to questions from Plastics News .
Plastics News (UK) 08/07/2020 11:00
A&R LOGISTICS INC. — The dry bulk and liquid chemical transportation services provider in Louisville, Ky., named Natalie Masin vice president of finance, corporate controller and Adam Denton vice president of finance, head of shared services. AGILYX INC. — The chemical recycler in Tigard, Ore., named Peter Norris chairman. Tim Stedman will become CEO, Aug. 17 based in Switzerland. Current CEO Joe Vaillancourt will become president of affiliate Cyclyx International Inc. AGR INTERNATIONAL INC. — The manufacturer of laboratory and on-line testing and quality control devices in Butler, Pa., named Martin Küstner international sale director and Davide Bartoli international service director. ALLSTEIN GMBH — The web flexographic printing machines m.
Plastics News (UK) 08/07/2020 10:18
ARaymond North America is closing a plant in Brunswick, Ohio, that specializes in automotive and industrial fastening systems, affecting 53 employees. The supplier will transfer production to its other North American facilities, "as part of the company's plan towards best leveraging its manufacturing capabilities," according to an Aug. 6 news release. Production in Brunswick will be phased out by December, it said. Injection molding operations will be transferred to ARaymond's facility in Rochester Hills, Mich., Mike Foresman, communications manager for ARaymond told Plastics News in an emailed statement. "A small number of layoffs in sales are planned for October, with plant manufacturing staff layoffs taking place in November and December.
Plastics News (UK) 08/07/2020 09:32
Plastics News is seeking interesting CEOs to feature in our sixth annual CEO issue, which will be published Sept. 7. We want to profile current and retired industry CEOs, similar to our recent Women Breaking the Mold and Rising Stars special issues. We're looking for people with president or CEO titles at plastics companies. While that's a pretty exclusive list, we're casting a wide net. Processors and supplier company CEOs are eligible, as well as candidates both inside and outside of North America. And diversity is strongly encouraged. This year we're adding some questions about how CEOs are dealing with the coronavirus pandemic and their expectations for 2021. That's in addition to asking CEOs to share their stories about how they ended
Plastics News (UK) 08/07/2020 09:30
Donna Stoughton got into the plastics industry while she was attending San Jacinto College in Texas and took a temporary accounting position at Bayport's American Hoechst Corp., which produced high density polyethylene resin for film, pipe, injection and blow molding. "When I started, I knew nothing about the different types of plastics or how plastic products are manufactured.
Plastics News (UK) 08/07/2020 09:30
Marie Weyandt studied journalism, public relations and advertising at Creighton University in Nebraska. She spent the majority of her career at Edina, Minn.-based Regis Corp. managing the marketing strategy for hair salon openings and later managed a nationwide gift card program for all corporate and franchise brands. She joined cross-linked polyethylene pipe maker Uponor of Apple Valley, Minn., in 2018 as the associate marketing manager of PP-RCT (polypropylene, random copolymer, with modified crystallinity and temperature resistance), working on launching a new PP-RCT product offering — her first role in the plastics industry. "I was interested in the industry because I wanted to expand my knowledge of a B2B industry and how marketing pla.


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