Page 23 - Plastics & Polymers

Molex acquires pharma packaging firm Phillips-Medisize

The Wisconsin-based global design and manufacturing company specialises in custom solutions that require advanced moulding and assembly for medical device OEMs

IBM and Stanford University collaborate to develop plant-based plastics

Scientists have identified a chemical catalyst that can be used to create cheaper, biodegradable plastics from plants such as palm trees and beets

Henkel expands capabilities of Pune innovation centre with two labs

The company has invested in two dedicated laboratories for maintenance repair & overhaul (MRO) and acoustic

Manpasand Beverages opens manufacturing facility in Haryana

The fruit-based beverages company has invested Rs 160 crore in the new facility at Ambala, which will take its production capacity up by 45,000-50,000 cases per day

Inverted duty structure hurting Indian toy manufacturers

As a result, importing of toy attracts 5% duty, whereas importing raw materials for domestic manufacturing attracts 20-30% duty, making domestic production costlier, says Assocham

ExxonMobil, Georgia Tech innovation to revolutionise chemicals manufacturing

The new molecular-level filter, developed by the two, can significantly reduce emission and amount of energy used in polyester and plastic manufacturing

Vikas Ecotech to supply eco-friendly specialty chemicals to Prince Pipes

The plastic pipes maker has entered into a long-term sourcing tie-up with Vikas EcoTech for supply of organotin heat stabiliser, a lead-free alternative additive used in plastics industry

Mitsubishi Gas to increase meta-xylene production by 70,000 tonnes

For this, the company will restarted operations of one its MX production line, which stopped production in November 2013

Asahi Kasei Mitsubishi restarts naphtha cracker in Mizushima

The cracker was suspended from July 27, 2016 due to a malfunction in its refrigeration system

TitanX acquisition to aid Tata AutoComp to tap engine cooling market

Given the challenges before the auto industry in emission control, this acquisition will help Tata AutoComp to expand its presence in the cooling and emission control segments

High performance composites market in US to reach $ 10 bn by 2020

While aerospace is likely to remain the leading market for high performance composites in 2020, pressure vessels will show the fastest growth of all outlets, says Freedonia's new report

Astral Poly terminates CPVC supply pact with Lubrizol

Termination will not have any impact on Astral as it has already done backward integration and initiated compounding for Astral CPVC Pro, through its tie up with Japan's Sekisui Chemical

Maharashtra govt picks L&T to convert Nagpur into smart city

The Orange City will become the country's first large-scale integrated smart city

Minda Corp forms JV with China's SBHAP for plastic auto parts

The JV, Minda China Plastic Solutions Ltd will focus on manufacturing interior plastic products of Minda KTSN in China

KAP Industrial buys Safripol from Rockwood and Thebe for $ 300 mn

Safripol is a South African manufacturer of polypropylene and high-density polyethylene, used to make an extensive range of industrial and consumer plastic products

Dutch firm Trafigura forms JV with Polycab to set up copper wire facility in India

With a proposed total investment of $ 25 million (about Rs 167 crore), the manufacturing unit, to be located at Halol (Gujarat), will have an annual capacity of 240,000 metric tonnes

Escorts divests auto products business to Badve Engineering

The company has divested the OEM & exports business of auto product division to focus on its core verticals in the agri-machinery, construction equipment and railway equipment

Hero Future awards contract to Gamesa for two wind energy projects

Gamesa received orders for 120 MW and 50 MW wind energy projects located at Kalyandurg (Andhra Pradesh) and Bableshwar (Karnataka), respectively

Skipper to set up facility for engineering and polymer products in Assam

The company will invest Rs 70 crore in the new facility, which have capacity to produce 30,000 tonne and 7000 tonne of engineering and polymer moulded products respectively

Linc Pen plans to set up manufacturing facility in Gujarat

The proposed plant at Umbergaon (Gujarat), to be built with an investment of Rs 26 crore, will have capacity to produce 1.25 crore pens per month