Business & people
Continental projects five-year downturn of global auto market editor    |    2019/10/26
Continental projects five-year downturn of global auto marketAuto supplier Continental AG reported a slight drop in profitability at its rubber group, which covers plastic and rubber parts along with tires, for the third quarter, while also issuing a downbeat forecast for future growth prospects in the automotive industry.Hanover, Germany-based Continental's financial update was accompanied b..


Wittmann Battenfeld taps OMV for new sales director editor    |    2019/09/22
Wittmann Battenfeld taps OMV for new sales directorWittmann Battenfeld  Valentina FalociAustrian injection molding machinery supplier Wittmann Battenfeld has appointed Valentina Faloci as its sales director, effective Aug. 5.Prior to joining the Kottingbrunn-based machinery maker, Faloci served as an international key account manager for airline sales at Austrian energy company OMV,..


South Korean auto supplier Donghee facing OSHA penalties in Alabama editor    |    2019/07/06
Occupational Safety and Health AdministrationAutomotive parts supplier Donghee Alabama LLC faces proposed penalties from the U.S. Department of Labor's Occupational Safety and Health Administration for exposing employees to safety hazards at its facility in Auburn, Ala.Staffing agencies J & C Enterprise LLC and Jian Enterprise LLC have also been cited by OSHA. The companies collectively face $..


Escalating tariffs signal caution for China investments Editor    |    2019/06/02
Escalating tariffs signal caution for China investmentsGuangzhou, China — The escalating trade conflict between the United States and China was prompting some plastics investors to hit the pause button at the massive Chinaplas trade fair this week — with Chinese compounder Top Polymer Enterprise among them.The uncertainty around tariffs was causing the Liyang, China-based firm to..


Engel introduces Wintec to Mexico Editor    |    2019/04/22
David Liu, area sales manager, left, and Michael Feltes, president - sales and service for Wintec at Plastimagen 2019.Engel de Mexico showed the Wintec injection molding press to a Mexican trade show audience for the first time at Plastimagen 2019.Wintec presses, made in China, are a lower-cost line from the high-end Engel brand of molding machines, executives of Engel and Wintec said at Engel's n..


Preparing for future mobility means staying 'ahead' of the challenges Editor    |    2019/02/16
Preparing for future mobility means staying 'ahead' of the challengesMichael A. MarcotteEugenio Toccalino, global marketing director of transportation and advanced polymers at DowDuPont Inc. speaks at the Jan. 15 Plastics and Rubber in Automotive conference.Novi, Mich. — If there is one aspect of the automotive industry that is consistent, it is that "change is unavoidable."That's what..


South Korean battery maker investing $1.6B in Georgia production Editor    |    2018/12/25
South Korean battery maker investing $1.6B in Georgia productionSK Innovation Co.With demand for lithium ion batteries expected to skyrocket, SK Innovation Co. has opened a factory in Hungary, shown, and plans to begin construction next year on a plant in Georgia.Anticipated future demand for electrified vehicle batteries is leading to a $1.67 billion factory project in northern Georgia.South Kore..


DJA now distributing LS Mtron presses from Korea in US Editor    |    2018/12/25
DJA now distributing LS Mtron presses from Korea in USDaiichi Jitsugyo AmericaPeter Gardner, vice president of sales and general manager for DJA's plastics machinery division, left, and Howard Chung, LS Mtron's general manager of overseas sales.Orlando, Fla. — Daiichi Jitsugyo America, the U.S. distributor of Niigata injection presses, is now distributing injection molding machines from..


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