Market trends
CPRJ survey finds Chinese plastics industry optimistic about post-pandemic market recovery Editor    |    2020/04/01
CPRJ survey finds Chinese plastics industry optimistic about post-pandemic market recoveryThe coronavirus pandemic is hitting the global economy. To what extent it is affecting  the Chinese plastics industry and its future outlook? A survey conducted by AdsaleCPRJ.com to find out the situations  has received valid feedback from 355 respondents between February 21 and March 5. I..


Coronavirus updates: Geneva auto show canceled editor    |    2020/03/01
-Coronavirus updates: Geneva auto show canceledARM cancels Italian tour of rotomoldersJEC reverses itself, postpones 2020 eventAuto industry seeing new impacts from virusGeneva auto show   Media at the 2019 Geneva auto show.Plastics News will be posting live updates on impacts of the coronavirus update on the global plastics industry. This story will be updated as information become..


Canadian auto suppliers pushed to US Editor    |    2020/01/26
Canadian auto suppliers pushed to USJohn IrwinAutomotive News CanadaAxiom Group Inc.Canadian auto suppliers say they are being pulled by the gravity of U.S. President Donald Trump’s protectionist policies. Government support, logistics and politics all played roles in an Ontario injection molder’s decision to open a $20-million plant in Toledo, Ohio.Canadian auto suppliers say they are being pul..


Samsung expanding EV battery plant in Hungary as EU probes state subsidy Editor    |    2019/11/25
Samsung expanding EV battery plant in Hungary as EU probes state subsidyHungarian Prime Minister Viktor Orban (2nd from left) visits Samsung SDI plant on completion in 2017Europe’s electric vehicle (EV) revolution is continuing apace as Asian battery manufacturers build up EV power pack capacity in recently launched or extended plants in the region. South Korean giant Samsung is now investin..


Engel cites drastic decline in global machinery market editor    |    2019/10/26
Engel cites drastic decline in global machinery market▲Plastics News photo by Caroline SeidelPaul Kapeller from Engel showing the new Sim Link System at the Engel booth at Oct. 16 at K 2019 in Duesseldorf, Germany. Photo: Plastics News/ Caroline SeidelDüsseldorf, Germany — Economic uncertainty and unresolved global issues are dragging down market volumes in the injection molding i..


Japan's Toshiba Machine to become Shibaura Machine in 2020 editor    |    2019/09/22
Japanese machinery maker Toshiba Machine Co. Ltd. is changing its name to Shibaura Machine Co. Ltd., effective April 1, 2020.Toshiba Machine stockholders approved the name change during a general meeting in June, the company said. It will make a gradual shift to Shibaura Machine throughout the next year.Takahiro Mikami, president of Tokyo-based Toshiba Machine, said the new name takes the company..


Robot sales slide in plastics sector Editor    |    2019/08/25
Robot sales slide in plastics sector▲ Robotic Industries AssociationNorth American robot and orders rode a strong second quarter — 19.2 percent in unit volume over the same period a year ago — and are up 7.2 percent for the first half of 2019, thanks largely to a robust automotive sector, according to the Robotic Industries Association.Orders to the plastics and rubber se..


Hillenbrand purchase ‘a unique opportunity for Milacron' Editor    |    2019/07/18
Joe Wilssens Milacron displayed the Cincinnati 2250 Injection machine, staking the claim to the biggest at NPE2018. Hillenbrand Inc., the owner of Coperion, announced July 12 it is buying Milacron Holdings Corp.In a blockbuster deal in the plastics machinery sector, Hillenbrand Inc. — the Batesville, Ind.-based parent company of compounding extruder maker Coperion and auxiliar..


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