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BusinessDaily News
Toray Plans $100mn Investment to Set Up Nylon fibres Plant in Mexico

Toray Plans $100mn Investment to Set Up Nylon fibres Plant in Mexico

Japan’s Toray Industries Inc will set up a production facility for nylon fibres used in automobile airbags and airbag materials at its Mexican subsidiary Toray Advanced Textile Mexico (TAMX) with an investment of Yen 10 billion (about $ 100 million). The plant, with production capacity of about 10,000 tonnes, will be located within the Mexican plant premise of Zoltek Companies Inc, a large tow carbon fibre production subsidiary of Toray. TAMX’s production facility is expected to start operation in March 2018. Mexico has been rapidly growing as an automobile production base by leveraging the wide-ranging free trade network and geographical proximity to the US. Recently, a number of airbag manufactures launch their businesses in Mexico, and the demand for airbag fabrics in the Americas is expected to continue growing significantly primarily in Mexico.
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BusinessDaily News
plastic news faurecia omnium
Faurecia Sells Auto-Exteriors Arm to Plastic Omnium

Faurecia Sells Auto-Exteriors Arm to Plastic Omnium

MADRID – The European Commission moves to break up a potential auto-parts monopoly by authorizing Plastic Omnium to pay French rival Faurecia €665 million ($743 million) for its automotive-exteriors business. The sale is contingent on Plastic Omnium divesting itself of its plastic-bumper-manufacturing business in France and its front-end-module operations in Germany, as well as one of its seven plants in Spain. Plastic Omnium has not confirmed whether that facility is in Valencia, where both parts makers have factories.
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AutomotiveDaily News
Lightweighting Remains Top Focus for Automakers to Meet CAFE Standards – from the WardsAuto Survey, Sponsored by DuPont Automotive

Lightweighting Remains Top Focus for Automakers to Meet CAFE Standards – from the WardsAuto Survey, Sponsored by DuPont Automotive

Taking weight out of vehicles and engine efficiency programs continue to top the list of strategies for automakers as the industry looks for ways to meet 2025 CAFE (Corporate Average Fuel Economy) standards. The recent findings were part of the annual WardsAuto survey, sponsored by DuPont Automotive. The survey also showed electrification as an increasingly mentioned technology focus by the respondents. “It’s no surprise to learn that lightweighting and the use of lightweighting structural materials continue to top the list of strategies the industry remains focused on,” said Brian Fish, NA automotive marketing manager, DuPont Performance Materials. “Lightweighting can be applied to virtually every component and part and we continue to work with the industry to look for opportunities to reduce weight across systems.”
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BusinessDaily NewsPlastics Employment
McNeely Plastics Expanding, Creating 25 new Jobs

McNeely Plastics Expanding, Creating 25 new Jobs

HAZLEHURST, Miss. (AP) - State officials say McNeely Plastics, a plastic products manufacturer, is investing $6.5 million in an expansion of its operations and creating 25 new jobs. A state news release on Tuesday said McNeely Plastics has expanded its operations by moving into a 59,000-square-foot, county-owned facility in the Copiah County Industrial Park in Hazlehurst, Mississippi.
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BusinessDaily News
Merrillville-Based Polycon Industries to Invest $15 Million for Expansion

Merrillville-Based Polycon Industries to Invest $15 Million for Expansion

A local manufacturer of plastic containers has announced plans to invest $15 million to expand its operations, creating up to 100 new jobs by the end of 2017. Polycon Industries plans to construct and equip a 150,000-square-foot addition to its plant on Colorado Street, which it shares with its parent company, Crown Packaging, according to the Indiana Economic Development Corporation.
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All DesignDaily News
plastic news wittmann clean room
Wittmann Battenfeld Adds Cleanroom Demonstration Facility to American HQ

Wittmann Battenfeld Adds Cleanroom Demonstration Facility to American HQ

Plastics processing and auxiliary equipment maker Wittmann Battenfeld Inc. has added a new demonstration cleanroom at its U.S. headquarters in Torrington, Conn. The 672-square-foot room, which will be in operation by October 1, will house two Wittmann Battenfeld molding machines, an all-electric EcoPower SE 110/350 (special cleanroom edition), and a MicroPower 15/10 micromolding machine. Other Wittmann equipment including a W821 robot will also be used.
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All DesignDaily News
plastic news sabic food waste innovation
Sabic to Showcase Innovations That Reduce Food Waste at K 2016

Sabic to Showcase Innovations That Reduce Food Waste at K 2016

An estimated one-third of food produced for human consumption is lost or wasted, equivalent to 1.3 billion tons of food every year, according to the Save Food report by the Food & Agriculture Organization of the United Nations. Even in the most advanced supply chain systems such as those in Europe, 4% of transported goods are damaged because of low pallet stability. As consumers continue to express a growing need for convenience and eco-friendly packaging, continuous changes and innovation will be seen in the industry. At the K 2016 plastics trade fair in Düsseldorf, Germany, Sabic (Riyadh, Saudi Arabia) will be showcasing several new products and technologies that help to address these specific market needs. With a strong emphasis on sustainability and a central theme of “Chemistry that Matters,” Sabic will exhibit a wide array of packaging solutions that address the challenges the packaging industry is currently facing.
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All DesignDaily News
Fibermaq Presents Evolution Gelcoat Machine

Fibermaq Presents Evolution Gelcoat Machine

Equipment has more lightweight and ergonomic pistol Fibermaq, a Brazilian company in equipment for composites molding, is presenting the Evolution gelcoat machine. The equipment has a new pistol, which is lighter and more ergonomic than the previous model. Besides, it is much more easier to perform any kind of maintenance. Other highlight of Evolution gelcoat machine include safety improvement: it has no apparent moving parts.
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BusinessDaily News
Ontario Teachers’ Augments Industrials Portfolio With Polyvinyl Chloride Market Leader Aurora Plastics

Ontario Teachers’ Augments Industrials Portfolio With Polyvinyl Chloride Market Leader Aurora Plastics

TORONTO, Aug. 2, 2016 Ontario Teachers' Pension Plan (Ontario Teachers') today announced it is acquiring industry leader Aurora Plastics from its founders, in partnership with Wind Point Partners of Chicago. "We are excited about our acquisition of Aurora Plastics," said Jane Rowe, Senior Vice-President, Private Capital, Ontario Teachers'. "The Company is a market leader, with best-in-class products and growth potential, and we have excellent and proven partners in Wind Point Partners and their executive advisor Mike Fitzpatrick, who have strong expertise in this sector."
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BusinessDaily News
plastic news spin master
Spin Master Corp to Buy Pool Toy Company Swimways Corp, Moves Into Outdoor Toy Segment

Spin Master Corp to Buy Pool Toy Company Swimways Corp, Moves Into Outdoor Toy Segment

TORONTO — One of Canada’s largest toy companies will be going outdoors to play in the pool with the purchase of Swimways Corp. Spin Master Corp. (TSX:TOY) says it will pay about US$85 million up front and up to an additional US$8.5 million over four years, based on sales growth at Swimways, which would operate as a stand-alone subsidiary based in Virginia.
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Daily News
plastic news solar impulse
Décision/Group Carboman and North Thin Ply Technology Congratulate Solar Impulse on Historic Round-the-World Flight

Décision/Group Carboman and North Thin Ply Technology Congratulate Solar Impulse on Historic Round-the-World Flight

Décision SA, official supplier of the composites structures for the Solar Impulse team, and NTPT celebrate Solar Impulse 2's successful completion of the world's first round-the-world solar-powered flight. The zero-fuel Solar Impulse 2 aircraft landed in Abu Dhabi today, completing the final leg of its 40,000 km trip. Décision, based in Ecublens, Switzerland, is proud to have collaborated with Solar Impulse since the beginning of the project in May 2003, and has become one of the key partners. The company was responsible for the production of the main carbon fibre composite structures for both the HB-SIA prototype and the current Solar Impulse 2 aircraft, including the wing's longitudinal beams, the fuselage, vertical and horizontal stabilisers, the engine gondolas and the pilot's cockpit.
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BusinessDaily News
plastic news mitsubishi scandal
Mitsubishi Scandal Probe Finds Unrealistic Goals, Conflicts

Mitsubishi Scandal Probe Finds Unrealistic Goals, Conflicts

TOKYO (AP) — A group of lawyers asked by Mitsubishi Motors Corp. to investigate mileage cheating at the Japanese automaker found a divided company that had set unrealistic goals, to which employees simply couldn't say, "No." The Tokyo-based automaker acknowledged in April it had systematically falsified mileage data on its eK wagon and eK Space minicars, also produced for Nissan Motor Co. The investigative panel said Tuesday such data falsifying went on for 25 years, and the wrongdoing was systematic, extensive and escalated with time.
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Daily NewsRecycling
plastic news recycling carbon fiber
Ready Route to Recycling Carbon Fiber-Reinforced Plastics

Ready Route to Recycling Carbon Fiber-Reinforced Plastics

Researchers at Georgia Institute of Technology have developed a method to recycle nearly 100 percent of the materials in certain types of thermoset carbon fiber composites. The new method involves soaking the composites in an alcohol solvent, which slowly dissolves the epoxy that binds and gives shape to the carbon fibers. Once dissolved, the carbon fibers and the epoxy can be separated and used in new applications. “This method we think could have a lot of immediate industrial applications, with lots economical and environment benefits,” said Kai Yu, a postdoctoral researcher in The George W. Woodruff School of Mechanical Engineering at Georgia Tech.
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Daily NewsThermoforming
PlastiComp Christens New R&D Laboratory to Continue Advancement of Long Fiber Thermoplastic Technology

PlastiComp Christens New R&D Laboratory to Continue Advancement of Long Fiber Thermoplastic Technology

WINONA, MINN., USA – PlastiComp, Inc., a global leader in long fiber thermoplastic (LFT) materials and technologies, announced that it has recently completed a capital improvement project at its Winona, Minn., manufacturing and corporate headquarters facility which moved its research and development functions into a dedicated laboratory space. Dubbed the Da Vinci R&D Lab by the company in honor of famed renaissance inventor and artist Leonardo da Vinci, the project provides an isolated environment for the firms’ smaller long fiber composite pellet pultrusion line and auxiliary equipment for conducting evaluations of new raw material feedstocks and processing enhancements.
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