News Plastic Industry 

Clariant inaugurates new Additives production facilities in China

Clariant, a world leader in specialty chemicals, today announced the official opening of two new, fully-owned additives facilities at its site in Zhenjiang, China. This completes a multi-million CHF investment originally announced last year and puts Clariant’s Additives business in China on track to further expand its offering of customized, high-end solutions for the plastics, coatings & ink industries. “This completed investment in the Zhenjiang Economic and Technological Development Zone marks another milestone in our commitment to expand capability and capacity in China, one of the most important strategic markets…

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News Plastic Industry 

ASEPTO by UFLEX at PROPAK

With encouraging response from the market already, ASEPTO – the aseptic liquid packaging brand from the house of Uflex Limited – India’s largest multinational flexible packaging materials and Solution Company will test waters for its holographic applications in aseptic liquid packaging by participating in Propak China. Talking about the potential that the brand beholds, Mr. Ashwani Kumar Sharma, President and CEO of New Business Initiatives, Uflex Limited, said, “This show, considered to be the carnival of processing and packaging technology industry will help us showcase ASEPTO’s holographic excellence in the…

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News Plastic Industry 

ExxonMobil Singapore Butyl and Resins Plants Begin Production

ExxonMobil has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. “These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. “We remain committed to safe and environmentally-responsible operations as we manufacture products that support better living standards and economic progress for a…

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News Plastic Industry 

Clariant breaks ground on joint venture production site in Cangzhou, China

Clariant, a world leader in specialty chemicals, and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), conducted a groundbreaking ceremony in Cangzhou (China), just over 200 km south of Beijing. The ceremony marked the start of the construction of a world-class production facility for stabilizers for plastics and textiles that will form the heart of the joint venture between both parties. The event was marked by a special event with representatives from both companies, as well as local officials. The joint venture between Clariant and Tiangang was established in September 2017, and…

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News Plastic Industry 

Global Masterbatch market projected to reach US$13 billion by 2024

The global Masterbatch market is projected to reach US$13 billion by 2024, driven by the rising significance of colorful plastics in major end-use markets of packaging, construction and automotive sectors. Technology advancements aimed at improving masterbatch characteristics and increased focus on biodegradability will also drive growth in the coming years. Masterbatches are omnipresent raw materials used as colorants for plastics. Masterbatch has become an indispensable product with applications in almost all areas of plastic processing, including injection molding, extrusion, rotational molding, sheet, film, and blow molding. Masterbatch allows processors to…

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News Plastic Industry 

Detailed clarification on Plastics items banned in Maharashtra awaited

The empowered committee is scheduled for Wednesday 27th June, the minutes of the last expert committee meeting will only be cleared in this meeting. The confirmation of exemptions or what is exactly banned in maharashtra is unclear till then. What we are seeing in the media is only an interpretation. The government in principal has also agreed to release a list with PICTURES of the banned items which will be released by MPCB shortly. Akhilesh Bhargava Chairman Environment Committee AIPMA(All India Plastic Manufacturers Association)

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News Plastic Industry 

Global Thermoform Packaging Market Will Reach USD 51.5 Billion by 2024

Zion Market Research has published a new report titled “Thermoform Packaging Market by Material (Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), and Others), Paper & Paperboard, Aluminum, and Others); by Heat Seal Coating (Water Based, Hot Melt Based, and Solvent Based); by Packaging Type (Blister Card Packaging (Full Face Seal, Trapped Blister, Face Seal, and Others), Clamshell Packaging, Skin Packaging, and Others); by End-user (Pharmaceuticals, Food and Beverages, Electronics, Consumer Goods, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024’’….

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News Plastic Industry 

Loop Industries, Inc. activates breakthrough Generation II technology

TERREBONNE, Quebec, Loop Industries, Inc. announced that they have successfully activated the next generation of their waste PET and polyester fiber upcycling technology which now allows for the continuous production of Loop™ PET products. “Our Generation II technology is a major step forward in sustainable plastic,” says Daniel Solomita, CEO & Founder, Loop Industries, Inc. “It further reinforces our confidence that upcycling waste PET and polyester fiber will be cost effective, scalable and very efficient on a commercial scale, which means we can help divert even more waste plastic from…

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News Plastic Industry 

Important Update on Plastic Ban in Maharashtra

The associations had a meeting of expert Committee on plastic ban in Maharashtra. The deadline of 23rd June will be extended. The revised deadline will be communicated on 23rd June. Govt will issue a fresh notification. No coercive action will be taken until the final notification. Points finalised are. 1). PET manufacturers to establish buyback and recycling mechanism. Retailers are required to buyback pet bottle to the extend of bottle sold by them. 2) Apparels / garments packed at manufacturing stage will be exempted 3) Plastic used for preserving and…

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News Plastic Industry 

Bio-on inaugurates in Italy the first bioplastics production plant to produce 100% natural and biodegradable microbeads

Bologna, Italy. Bio-on inaugurated its first owned plant designed to produce 100% natural and biodegradable special PHAs bioplastics for high added value niche markets such as the microbeads used in the cosmetics sector. “We are extremely proud,” explains Bio-on Chairman and CEO Marco Astorri, “because this factory demonstrates all-Italian excellence and is the beginning of a new era in the global green chemical industry. From today, thanks to our bioplastic, many companies will have the chance to protect the environment and give ecological credentials to their products, in compliance with…

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