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Trump signs ocean plastics pollution law Aeyoung Park    |    2018/10/16
▲ President Donald Trump signs the Save Our Seas Act targeting plastic marine waste inon Oct. 11 ceremony at the White House.President Donald Trump signed legislation Oct. 11 beefing up U.S. government efforts to control ocean plastics pollution, including authorizing funding for marine debris cleanup and research and laying the groundwork for stronger international action.In a White House c..

Plastics machinery shipments up again in second quarter Aeyoung Park    |    2018/10/04
North American shipments of plastics machinery were up nearly 6 percent in the second quarter of 2018 compared to the second quarter of 2017, according to figures released Sept. 20 by the Plastics Industry Association's Committee on Equipment Statistics.The data marks the fifth consecutive quarterly year-over-year increase.Companies reported shipments of injection molding machines and extrusion eq..

TPE production moving from Asia to North America Aeyoung Park    |    2018/10/04
▲ Bob Eller speaks at TPE Topcon.(Frank Esposito)The global thermoplastic elastomer market is "at a change point" in 2018, with the supply chain shifting from Asia and Europe to North America, according to industry consultant Robert Eller."We're seeing a reverse flow of globalization," Eller said Sept. 19 at TPE Topcon, an industry conference hosted by the Society of Plastics Engineers in Fairlaw..

Over 56% of global TPE produced in Asia Aeyoung Park    |    2018/10/04
In 2017, about 4.7 million tonnes of thermoplastic elastomers (TPEs) were used worldwide, according to a study by Ceresana.Production of TPE is dominated by manufacturers in Asia. More than 56% of global production takes place in this region. Second largest producer is North America, followed by Western Europe.Demand for TPE is strongly focused on the largest economic powers. Currently, processors..

PET bottle resin, nylon 6/6 prices on the rise Aeyoung Park    |    2018/09/21
North American PET bottle resin prices jumped by an average of 2 cents per pound in August, getting back the 2-cent decline that the market had posted in July.Market watchers cited tight supplies of purified terephthalic acid (PTA) and other raw materials. Prior to the July drop, regional PET prices had increased a total of 5 cents in the May-June period.The potential restart of a PTA plant operat..

Report: Single-use plastic packaging must adapt to survive Aeyoung Park    |    2018/09/21
Recycling and sustainability are here to stay, and the plastics industry must adapt in order to survive.That outlook is the main take away of “Rethinking single-use plastics,” a study just published by market researchers with major financial institution Citi. The researchers paint an extensive picture of the battle between plastics, paper, metal and glass in packaging, but an embargoed version o..

Plastics industry seeks infrastructure dollars for recycling Aeyoung Park    |    2018/09/21
Scott DeFife, vice president of government affairs for the Plastics Industry Association, addresses the crowd before the industry's annual lobbying day. (Plastics Industry Association)Plastics industry executives fanned out over Washington Sept. 12 for their annual lobbying day with a new message: a push for more federal government spending on recycling to try to address public concerns about..

European soft drink industry pledges package recyclability Aeyoung Park    |    2018/09/21
Unesda Soft Drinks Europe has joined the ranks of other European associations to announce a set of voluntary measures to meet European circular economy ambitions. As part of the measures, the association announced Sept. 13 that 100 percent of soft drink primary plastic packaging will be recyclable by 2025. Unesda, which represents a range of soft beverage manufacturers, including still d..

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