Posts Tagged ‘europe’

Consolidation of the European cable extrusion industry amidst turbulent economic times

The European cable industry is showing signs of consolidation according to AMI’s latest report. Detailed information is provided on 325 cable extrusion sites across Europe, from multinational groups such as Prysmian and Nexans to smaller new sites looking to make their mark.

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PTT Global to invest US$11 bln by 2020 in capacity expansion, to focus on specialty and green products

PTT Global Chemical Pcl (PTTGC)- Thailand’s largest petrochemical maker, plans to invest US$11 bln by 2020 to expand capacity and focus on high-margin specialties and green products. This will include investment of US$3 bln to build a new olefins cracker with estimated annual capacity of 1 mln metric tons (1.1 mln tons), Chief Executive Anon Sirisaengtaksin told Reuters in an interview

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Improving the environmental performance of PVC

The PVC industry met at AMI?s PVC Formulation 2012 conference to debate the market trends and the latest recipes to improve the environmental performance of vinyl compounds.

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Global electro-active polymers market estimated to be worth US$3.4 bln by 2017

The common applications where electro-active polymers are used include batteries, actuators, sensors, capacitors, solar cells, EMI & ESD shielding, electrostatic paintable plastics, corrosion-resistant coatings, and organic light emitting diodes.

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Taking innovations through to successful, cost-effective medical device manufacturing

The global economy has taken a hit in the past few years and there is additional uncertainty in the US market surrounding the impact of healthcare reforms.

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Rise in China’s plastics consumption in 2012 insufficient to melt regional supply glut

China’s consumption of plastic could grow by up to 7% in 2012 after stalling in 2011, but the rebound will not be enough to melt a regional supply glut that will curb the output of plastic manufacturers and pressure the petrochemical market, as per Reuters. Weak traditional export markets and Bejing’s steps to cool economic growth are still hitting sales. As a result, Asian plastic exporters face possibility of scaling back production further this year, in turn cutting demand for naphtha.

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Dow to build new ethylene production plant at Texas operations to enhance USGC advantage

The Dow Chemical Company will construct a new world-scale ethylene production plant at Dow Texas Operations in Freeport, TX, as part of Dow’s previously announced comprehensive plan to further connect its U.S. operations with cost-advantaged feedstocks available from increasing supplies of U.S.

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Global automotive plastics forecast to grow to US$42135 mln in 2016 at an estimated CAGR of 13.7%.

The global automotive plastics revenue is forecast to grow from US$ 22,155 mln in 2011 to US$42,135 mln in 2016 at an estimated CAGR of 13.7% from 2011 to 2016. The consumption of automotive plastics worldwide is expected to increase from last year’s from 6.7 mln tons to 10.2 mln tons by 2016 at a projected CAGR of 8.5% for the same period, as per a report worked out by MarketsandMarkets

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Best fiscal year ever for EREMA, Austrian manufacturer of recycling systems

EREMA continues with the positive development of recent years. The Austrian manufacturer of recycling systems had the best fiscal year of all time

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Severe weather conditions continue to affect polymer business in Europe

Cold weather over the past few weeks has affected EuropeÂ’s plastics sector severely, as per ChemOrbis. Tough weather conditions, which worsened during the weekend, caused many upstream and downstream plants to freeze

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