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Daily NewsRecycling
NWRA, SWANA Update Recycling Advisory

NWRA, SWANA Update Recycling Advisory

The National Waste & Recycling Association (NWRA), Washington, D.C., and the Solid Waste Association of North America (SWANA ), Silver Spring, Maryland, have added two addenda to their Joint Advisory on Designing Contracts for Processing of Municipal Recyclables, which was originally issued in April 2015. The two associations began work on the two addenda following last year’s Wastecon program, which was held in Orlando. Because members of both organizations are involved in collecting, processing and marketing residential recyclables, increasing the effectiveness and efficiency of those efforts has direct benefit to companies and municipalities. However, achieving the goals is challenging due to variations in both the types of materials and the prices paid for the materials once processed. Cooperatively addressing both changes in the residential recycling stream and price fluctuations for recyclables are key aspects of successful recycling programs and contracts.
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BusinessDaily News
basf 2016 sales drop
Basf Reports Considerable Decline in 2016 Sales

Basf Reports Considerable Decline in 2016 Sales

Basf (Ludwigshafen, Germany) reported Wednesday a drop in profit in the second quarter due to lower oil and gas prices. The German chemical company’s net profit was €1.09 billion ($1.19 billion) in the three months ending June 30, down 14% from €1.27 billion a year earlier and missing analysts’ €1.17 billion consensus estimate. Sales decreased by 24% in the second quarter to €14.5 billion compared with the same period of 2015.
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AutomotiveDaily News
ISRI Releases Plastic Auto Bumpers Specification

ISRI Releases Plastic Auto Bumpers Specification

The board of directors of the Washington, D.C.-based Institute of Scrap Recycling Industries (ISRI) www.isri.org has approved the addition of an auto bumper plastics specification to the plastics specifications listed in the ISRI Scrap Specifications Circular. As per its policy manual, ISRI says “any party may submit to ISRI a written appeal of the ISRI board’s approval of this new specification up to 30 days after publication of this notice.” The notice was issued on July 26, 2016.
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BusinessDaily News
PolyOne Acquires Gordon Composites and Polystrand

PolyOne Acquires Gordon Composites and Polystrand

CLEVELAND, July 26, 2016 /PRNewswire/ -- PolyOne Corporation (POL), a premier global provider of specialized polymer materials, services and solutions, today announced the acquisition of two specialty businesses from Gordon Holdings. The acquired businesses design and produce innovative, lightweight, high-performance solutions, utilizing advanced composite technology and state-of-the-art manufacturing capabilities. Bolstering PolyOne's existing portfolio of thermoset composite solutions is the acquisition of Gordon Composites, which develops high strength profiles and laminates for use in vertical and crossbow archery, sports and recreation equipment, prosthetics, and office furniture systems. The second acquired business, Polystrand, operates on the leading edge of continuous reinforced thermoplastic composite technology, a next generation material science that delivers the high strength and lightweight characteristics of composites, further enhanced with the design flexibility to form more complex shapes. Current application usage includes materials for the aerospace, transportation, outdoor and security and protection markets. Both acquired businesses will join PolyOne's existing portfolio of complementary solutions in a new comprehensive platform to be called PolyOne Advanced Composites.
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BusinessDaily News
SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on U.S. Gulf Coast

SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on U.S. Gulf Coast

HOUSTON--(BUSINESS WIRE)--SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units.
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BusinessDaily News
Michigan Approves Loan for C3 Ventures Flint LLC

Michigan Approves Loan for C3 Ventures Flint LLC

The Michigan Strategic Fund has announced that it has approved the issuing of a $5.7 million performance-based loan to a Chinese company called C3 Venture Flint, LLC, which is seeking to build an auto parts manufacturing facility in Flint, Michigan. Depending on whether the company meets some job creation milestones the loan could be converted into a grant. The company says that it expects to hire as many as 380 people for the manufacturing plant.
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Daily News
plastic news sun plastech asaclean
Sun Plastech Celebrates 20 Years of Asaclean in the Americas

Sun Plastech Celebrates 20 Years of Asaclean in the Americas

This month, Sun Plastech Inc. (SPI; Parsippany, NJ) is proudly celebrating the 20th anniversary of becoming the official manufacturer and distributor of Asaclean purging compounds for North and South America. SPI began as a small subsidiary of Japan-based Asahi Kasei Corp., achieving two decades of innovation and steady growth, said the company in a release.
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Blow MoldingDaily NewsInjection Molding
plastics meredith-springfield certification
Meredith-Springfield Achieves Rigorous Food Safety Certification

Meredith-Springfield Achieves Rigorous Food Safety Certification

Meredith-Springfield Associates Inc. (Ludlow, MA), a plastics manufacturer specializing in extrusion blowmolding and injection stretch blowmolding, has achieved Safe Quality Food Institute (SQF) certification recognized by the International Organization for Standardization (ISO). The packaging supplier represents brands such as Mrs. Dash and Vermont Maid Syrup. “Today’s consumer demands more in terms of quality and safety control, especially when it comes to food packaging,” said President and Chief Executive Officer of Meredith-Springfield, Mel O’Leary, Jr.
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All DesignDaily NewsMedical
plastic news medical device innovation
It’s Time for a Sensible Approach to Medical Device Innovation

It’s Time for a Sensible Approach to Medical Device Innovation

Pop quiz: What is the fastest growing on-demand sector after transportation? It’s healthcare, according to a recent article in Forbes, citing a report published by global consultancy Accenture. No wonder we have heard so much talk lately about the Uberication of healthcare. Mickey Garcia makes this point in an informative and eminently readable article on the MasterControl blog, “From Spectacular to Sensible: How Cost Control Is Driving Innovation in the Medical Device Industry.”
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AutomotiveDaily News
plastic news scania truck composite weight
Study Claims That Composites Can Almost Halve Truck Weight

Study Claims That Composites Can Almost Halve Truck Weight

New lightweight materials such as composites will play an increasingly large role in the heavy vehicles of tomorrow, particularly in city buses and distribution trucks. Working in association with researcher Magnus Burman from Stockholm’s KTH Royal Institute of Technology, Scania is investigating the potential for using lighter materials in both chassis structures and other load-bearing parts of vehicles. Our studies show that weight savings of up to 40% can be achieved if key load-bearing parts are replaced with lighter materials.
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All DesignDaily NewsTransportation
plastic news qineti aircraft composites
New Composite Material Could Reduce Impact of Aircraft and Vehicle Crashes

New Composite Material Could Reduce Impact of Aircraft and Vehicle Crashes

At the 2016 Farnborough International Air Show, British defense company QinetiQ unveiled a material – a Shape Memory Alloy (SMA), woven into a carbon fiber reinforced polymer – which it says can help reduce the impact of aircraft crashes. Andrew Foreman, Head of Engineering Research & Consultancy at QinetiQ, said: “Most existing safety measures require extra material to be added to vulnerable areas, adding mass and compromising the aircraft’s efficiency.
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