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This page was last modified on Tuesday, March 09, 2010 03:15:10 AM
 

Plastics  Online Directory Press Releases

Read the latest Business News and Product Developments for End Users who buy finished products at Plastics Processing and manufacturing companies; includes Top Managers; Production and Design Engineers and Materials and Purchasing Managers.
Honeywell Signs Agreement to Provide Technology and System-Design for Shell
Johnson Controls Announces Pricing of $500 Million Debt Offering
Honeywell Next Generation Flight Management System Meets New Air Traffic Requirements
Corporate Responsibility Magazine Names Johnson Controls a Top U.S. Corporate Citizen
Honeywell LED Wingtip Lighting Now Standard on Airbus A320 Family Aircraft
Honeywell Completes First Test of Airbus A350 XWB Auxiliary Power Unit
Tredegar Board Declares Dividend
Solutia Announces Pricing of $300 Million of Senior Unsecured Notes
Solutia Upgraded by Standard & Poor's
Honeywell Sets New Standard in Small Engine Turbocharging
Honeywell Set to Launch 15 New Turbo Technologies in 2010
Johnson Controls Acquires Lighting Services Company
Teleconference Alert: LyondellBasell Reviews January 2010 Financial Results
Solutia Announces Plans to Refinance Its Senior Secured Credit Facilities
Solutia Announces Offering of Senior Notes
Berlin Packaging, Leading Supplier of Packaging, Completes Acquisition of All-Pak, Inc.
Solutia Announces Agreement to Acquire Etimex Solar
Huntsman and Zamil Group Announce Completion of New Ethyleneamines Plant in Saudi Arabia
New Civil Helicopter Deliveries Expected to Reach 3,750-4,250 Between 2010 and 2014
Lear is Cooperating Fully with Investigation of Anticompetitive Practices by the European Commission
SAM Rates Johnson Controls as a Gold Class Sustainability Leader
Freed Maxick Expands Social Media Efforts
Saflex(R) Introduces Embossed Solar Encapsulant for Photovoltaic Market
Westlake Chemical Reports Fourth Quarter and Full-Year Earnings
Honeywell Expects Significant Sales, Earnings Per Share, and Cash Flow Growth Over Next Five Years
Honeywell Authorizes M International as T53 Distributor
Honeywell Sentinel(TM) Display Enhanced with Approach Plates and Airport Diagrams
Verisk Analytics CEO Frank Coyne Elected to Underwriters Laboratories' Board of Trustees
Huntsman Releases 2009 Fourth Quarter and Full Year Results
Huntsman Announces Details of 2010 Annual Meeting
Mayor Nutter Launches 'Coolest Block' Contest
LyondellBasell Announces Settlement of Intercreditor Dispute
CBIZ Reports Fourth-Quarter and Full-Year 2009 Results
Tredegar Reports Fourth-Quarter Results
Platts Survey: OPEC Pumps 29.25 Million Barrels Per Day in January
Clean Plast Purge Compounds introduces an Economy Grade Purge
Fourth Quarter 2009 Westlake Chemical Corporation Earnings Conference Call
Huntsman Announces First Quarter 2010 Common Dividend
UL Environment to Develop Sustainability Standards For Plastic
Institutional Investor Ranks Johnson Controls Among Top U.S. Companies in Annual Survey
Lear Reports Fourth-Quarter and Full-Year 2009 Financial Results
Underwriters Laboratories Acquires Luminaire Testing Laboratory
Ad Hoc Announcement - ROFIN-SINAR Reports Results for the First Quarter Fiscal Year 2010
ROFIN-SINAR Reports Results for the First Quarter of Fiscal Year 2010
CBIZ Webcasts Fourth-Quarter and Year-End 2009 Conference Call
Walmart Selects Johnson Controls as Sole Source Provider for Automotive Batteries
Solutia to Present at Deutsche Bank Small and Mid Cap Conference
Instituto Tecnologico Y De Estudios Superiores De Monterrey Aquires Objet 3D Printing Technology
Dow Reports Fourth Quarter and Full-Year Results
Huntsman to Discuss 2009 Fourth Quarter and Full Year Results on February 19, 2010
Lear Fourth-Quarter and Full-Year 2009 Earnings Conference Call Details
Offense is the Best Defense When Creating a Safe Super Bowl Celebration
JacoTech Offers New: 3-Sided Cubic Corner Pyramid Cylindrical Moulds For Retro Reflective Signage
Innovative Exterior Films Improve Windows Outside and In
CPFilms Launches New Websites Supporting Premium Brands
Ashland Inc. Completes Sale of Wood Rosin and Terpenes Business to TorQuest Partners
Johnson Controls Named to New Maplecroft Climate Innovation Indexes on Bloomberg
Ashland Inc. Board Declares Regular Quarterly Dividend
Solutia Reports Fourth Quarter and Full Year 2009 Results
Altair Adds Moldex3D by CoreTech System to Its HyperWorks Enabled Community
Johnson Controls Announces Quarterly Dividend
Most Americans at Risk Against the Silent Killer
Ashland Inc. Reports Fiscal First-Quarter EPS from Continuing Operations of 97 Cents
Platts Energy Podium: DOI Chief Says Atlantic OCS Seismic Studies Near
Teleconference Alert: LyondellBasell Reviews December 2009 Financial Results
ICE Starts 3 New Cleared OTC North American Nat. Gas Contracts Based on Platts
Platts Report: China's Oil Demand Jumps 16.1% in December
ROFIN-SINAR Announces 2010 First Quarter Financial Results Teleconference
Johnson Controls Donates $150,000 to American Red Cross for Haiti Relief
Johnson Controls Announces First Quarter 2010 Earnings Conference Call Webcast
UL International (UK) Ltd. Appointed as Notified Body to the Construction Products Directive
Turning Down the Danger in Home Heating Hot Spots
Altair and Summitech Develop New Methodology for Vehicle Chassis System Development
Huntsman to Host Investor Day on May 12, 2010
Altair Continues to Make HPC Faster, Smarter and Easy to Manage with PBS Works(TM)
Altair Names Dhirendra Verma as Vice President of India Services Operations
Governor Rendell Announces Resignation of DCED Secretary George Cornelius
Platts Survey: OPEC Pumps 29.1 Million Barrels of Oil Per Day in December
Platts Launches World's First Daily LNG Price Points for Australia, India, Middle East
CBIZ Acquires Employee Benefits Firm - National Benefit Alliance, LLC
Lear Announces Fourth-Quarter and Full-Year 2009 Earnings Conference Call
Huntsman to Repurchase Convertible Notes Prior to Maturity
Teleconference Alert: LyondellBasell Reviews November 2009 Financial Results
Freed Maxick Continues Expansion of Healthcare Consulting Practice
Dow Pittsburg Sets Safety Records
PA DCED Report Guides Local Officials on Earned Income Tax Consolidation
PTi builds largest PLA line operated by Fabri-Kal..
CBIZ Acquires Goldstein Lewin & Co.
CertainTeed Corporation Settles Class Action Lawsuit Regarding Organic Roofing Shingles
Connex(TM) 3D Printing Systems Receive Material of the Year Award Honorable Mention
Lear Warrants Become Exercisable
Platts Report: China's Oil Demand Surges 18.7% in November
UL Warns of Potentially Hazardous Holiday Lighting
Fiber Cement Siding Offers the Highest Return-on-Investment for Five Years Running
Huntsman Announces 2010 Annual Meeting
$1.7 Million in New State Investments Help Pennsylvania Ag and Tourism-Related Businesses
Platts Begins Daily ESPO Price Assessments for East-Bound Russian Oil
CPA Firm Launches Interactive Digital 'Twitter' Billboard
CPA Firm Launches Interactive Digital 'Twitter' Billboard
Ashland Inc. to Sell Wood Rosin and Terpenes Business to TorQuest Partners
 
 

 
 

Commodity resin prices surged the last week of January, fueled by soaring

feedstock costs resulting from a series of planned and unplanned monomer

outages. Spot Polyethylene prices jumped about $.04/lb while Polypropylene

prices added another $.02/lb. When all the dust settled, resin producers secured

a $.04/lb price increase for January Polyethylene contracts, while Polypropylene

contracts added $.03-.04/lb.

Resin buyers were out in full force last week seeking to secure material before the

end of the month. For the month of February, producers are looking to raise PE

prices by another $.03-.08/lb and PP prices by as much as $.08-.10/lb.

Current Polyethylene increases include the $.03/lb initially targeted for

December and $.05/lb nominated for February, while a fresh $.06/lb increase has

already been announced for March contracts. Polypropylene producers were

initially seeking to increase February contracts by an average of $.06/lb, but this

has been revised upward to $.08/lb outright, while at least two PP producers

intend to increase contract prices by the change in PGP monomer contracts plus

an extra $.02/lb.

The key US energy markets fell sharply this week. Crude Oil futures continued to

drop, with the March contract dropping another $1.65/bbl to end the week at

$72.89/bbl, the lowest settle in nearly 4 months. Natural Gas prices were

pummeled, losing more than 10% of their value; the March contract ended the

week at $5.131/mmBtu, $.619/mmBtu less than the previous Friday close. The

Crude: Nat Gas price ratio expanded to about 14:1.

Additional unplanned cracker outages further restricted already scarce Ethylene

supplies, driving spot prices up a whopping $.06-.07/lb last week to as much as

$.52/lb in very heavy trade. Spot Propylene monomer prices also continued to

rise; RGP added nearly $.03/lb to trade at $.55/lb. Spot PGP, which trades very

infrequently, transacted at $.61/lb. Continued upward pressure encouraged

Propylene monomer producers to revise their previous $.05/lb increase to

$.08/lb. January PGP contracts were up $.03/lb to $.57/lb.

The resin export market slowed its fervent pace last week as Asian traders

relaxed ahead of the Chinese New Year which comes in Mid-Feb. Houston

warehouses are still jammed full of material, with many packaging schedules

already full through February. With some of the Far East activity quieting, Latin

American buyers became more visible this past week.

Resin prices ended January with strength; buyers were willing to pay above their

January contract prices, which is a strong signal that producers will find success

implementing increases for February contracts. At this point it is too early to tell

 how much of the increases will stick, but expect a sizable chunk

 
 

 
 

February 9, 2010





In This Issue:











































1 | Plastic bag ban bonanza


Oregon is the latest state to dip its toes into the plastic bag ban waters, and the Beaver State has been greeted with what is, by now, the typical push-back from the plastic industry and other bag ban opponents. Senate Bill 1009, introduced earlier this week during a special February session for the Oregon Legislature, by State Senators Mark Hass (D) and Jason Atkinson (R), prohibits the distribution of plastic bags "as checkout bags," as of January 1, 2012. Only paper and reusable bags would be allowed under the measure.

The bill was heard by the Senate Environment and Natural Resources Committee on Tuesday — after Senate President Peter Courtney went back and forth on whether it would be considered.

The measure has become a hot-button issue in local media as well, with one of the bill's sponsors, Haas, going on an Oregon Public Broadcasting talk show "Think Out Loud" to debate with the infamous lead counsel for the SavethePlasticBag.com, Stephen Joseph, to mixed results.

In other plastic bag news from around the country, The Florida Department of Environmental Protection released its final "Retail Bags Report," which concludes that there is a need for new or different regulatory measures to stem the use of single-use plastic bags.

A Virginia bill died in a subcommittee this week, which would have banned single-use plastic bags, instead of requiring stores to distribute or sell reusable sacks.

Looking at local bag bans at a local level, a Hawaii County Council committee voted Tuesday against a proposed ban on the big island. The proposed prohibition is not expected to pass when it reaches the full Council in two weeks.

2 | Plastics Recycling 2010: Final agenda released, exhibit space going fast


Don't miss out on joining a veritable who's who in plastics recycling coming from around the world to next month's Plastics Recycling Conference 2010. On March 2-3, more than 800 attendees from over 20 countries and territories, and over 90 exhibitors gracing the trade show hall, will descend upon Austin, Texas.

The final agenda for the conference has been posted online, with sessions covering such disparate and important topics as a look at the year ahead for resin markets, recycling trends and issues from around the globe and innovative technologies for the industry.

We are expecting over 800 attendees from over 35 U.S. states, plus the District of Columbia. Additionally, we expect officials representing seven Canadian provinces, and more than19 countries and territories, including Argentina, Belgium, Bolivia, Cameroon, Canada, Colombia, Ecuador, Germany, Hong Kong, Mexico, Nepal, The Netherlands, The People's Republic of China, Peru, Russia, Spain, Turkey and the United Kingdom, to attend the conference.

For more information about attending next month's conference go to www.plasticsrecycling.com or click on the banner below.

Don't forget to make your hotel reservations by February 8, 2010 to receive the special conference rate of $169 plus taxes. Hotel reservations can be made by calling the Hilton Austin at (800) 236-1592, or online here. Be sure to identify yourself with the 2010 Plastics Recycling Conference.

3 | Plastics export watch


The volume of plastic scrap exported in November, at 376.21 million pounds, decreased from the October tally by 4.4 percent. Yet, when compared to November 2008's position, the volume of exports rose by a whopping 116.2 percent.

The weighted average price of recovered plastic exports for November, at 19.27 cents per pound, lessened by 7.2 percent when measured against its October standing. And, when compared to October 2008, the price diminished by 10.8 percent.

Through November, at 4.08 billion pounds, the volume of recovered plastics exported improved 24.8 percent over its 2008 figure. Yet, at 18.27 cents per pound, the average price through November was down 23.3 percent from 2008's year-to-date (YTD) standing.

4 | EuPR offers actions to increase plastics recycling


The European Plastic Recyclers (EuPR) has released a new paper, "How to Increase Plastics Recycling," detailing 10 "fundamental actions" needed to boost post-consumer plastics recycling on the continent. The suggestions include "close monitoring of the national collection systems and better harmonization of the different European collection systems," and "limiting the export of plastics waste to secure supply for European recyclers."

One suggestion — ending "the use of unsustainable technologies (bioplastics and Oxo-degradables) for plastics" — is sure to sow the ongoing animosity between plastics reclaimers and oxo-degradable additive makers.

The full paper is available here.

5 | Bottler to build $17 million PET recycling plant


The Ice River Springs Water Co. plans to build a $17-million ($US) PET processing plant in Shelburne, Ontario, creating 60 jobs for the area. The company expects to close on the property February 15th and be operational by July.

The facility will be sourced by material from local municipal curbside collection programs, and will send its processed material to the company's Feversham, Ontario facility to be made into bottles. The move is part of an ongoing effort by the water bottler to switch to bottles that have 100-percent recycled content. Currently, the company's water bottles include 50-percent recycled content.

6 | NewsBits


The Coca-Cola Co. and Keep America Beautiful launched their 2010 Recycling Bin Grant Program, for which applications will be open through March 12, 2010. Eligible grant recipients include government agencies, civic organizations, schools and non-profit groups. More information can be found at http://r20.rs6.net/tn.jsp?et=1103003045617&s=31389&e=0016_ND8_2Jo3fBUyek87iW3i3MQZdqlzvAxF_kzNZHj38EHvvrL7AZEMcLZWiBCL7mRIjCyDcuTqxp1kRNQOniJhiPPrlsz9MNswPbU0j4dhg= … RecycleYourMat will recycle — or upcycle — your unwanted yoga mats for the price of postage, and giving you a discount on a new pad or other yoga-based product … In honor of the blue cat creatures nominated for nine Academy Awards this week, Elizabeth Weise in USA Today found out what happens to all of those 3-D glasses after you leave the theatre, having seen Avatar (Thanks to The Plastics Blog for the link) … The Indian state of Himachal Pradesh surfaced an 86-mile stretch of road with scrap plastics.

7 | Plastics Recycling 2010: Are you an industry leader?


Sponsoring and/or exhibiting at the Plastics Recycling 2010 Conference, to be held March 2-3, 2010 at the Hilton Austin in Austin, Texas, provides your company the perfect opportunity to reach key industry decision makers. Buying, networking, selling — business gets done at Plastics Recycling 2010.

A veritable who's who of the plastics industry will be walking the trade show floor and the halls of Hilton Austin, none more so visible than our sponsors and trade show exhibitors, including:


ABC Polymers, Inc. • Advanced Extruder Technologies (AET) • Advantage Analytics, Inc. • America Chung Nam, Inc. • American Chemistry Council, Plastics Division • American Starlinger Sahm • AMUT • Association of Postconsumer Plastic Recyclers • Avangard Innovative • Birch Plastics, Inc. • Blue Ridge Plastics, LLC • Bright Technologies • Buhler Group • Bulk Handling Systems • Carter Day International • Clean Tech, Inc. • The Coca-Cola Co. • Colortronic North America, Inc. • Cumberland • Custom Polymers, Inc. • Custom Polymers PET LLC • Davis-Standard, LLC • Eastman Chemical Co. • Eco Marketing Solutions, LLC • eFACTOR3, LLC • Emerald Groupe / Modern Plastics India • Envision Plastics • Erema North America, Inc. • Evergreen Plastics Ltd. • Extrusion Control & Supply Inc. • Foam Equipment & Consulting, Co. • Gala Industries, Inc. • Gamma-Meccanica North America • Gneuss, Inc. • Granutech-Saturn Systems • Gros Executive Recruiters • Gulfstream Services • Herbold USA • Husky Injection Molding Systems Ltd. • IPS Balers, Inc. • Institute of Scrap Recycling Industries, Inc. • Jelliff Corp. • Jordan Reduction Solutions • JTW International, Inc. • Kal-Trading Inc. • Keller and Heckman LLP • Kice Industires • Kreyenborg Industries • Krones Inc. • KW Plastics Recycling • Lindner Resource GmbH • Maag Pump Systems • MacDermid Inc. • Machinex Technologies Inc. • Magic Bright Ltd. / Monarch Enterprises International, LLC • Marglen Industries, Inc. • Merlin Plastics Supply • Mohawk Industries, Inc. • Moore Recycling Associates Inc.• MSS, Inc. • Natural State Research Inc. • NatureWorks LLC • Next Generation Recycling Inc. • Nicos Polymers Group • NRT Sorters • Omni Resource Recovery • Orwak USA, LLC • Owl Plastics • Parallel Products • Pelletron Corp. • PepsiCo, Inc. • PET Processors LLC • Phoenix Technologies International LLC • Plastic Revolutions • Plastic Technologies, Inc. • Plastics Recycling Update/Resource Recycling • Plastrec Inc. • Polar Beverages • PolyAd Services Inc. • Polyvel, Inc. • Precision Airconvey Corp. (PAC) • Pure Tech Plastics • Purolator Engineered Filtration Products (Purolator EFP) • Rex Global Recycling, SA de CV • Satake USA, Inc. • Schupan Recycling • SDS Logistics Services • Sorema Plastics Recycling Systems • Starlinger & Co. GmbH • Talco Plastics, Inc. • Tradepro Inc. • Trex Co., Inc. • UltrePET, LLC • UNISENSOR GmbH • UNM International • UNTHA Shredding Technology • United Resource Recovery Corp. (URRC) • Valley Plastics and Paper Recycling, Inc. • Van Dyk Baler Corp & Lubo USA • Vecoplan, LLC • Vincent Corp. • Waste Management Recycle America • WEIMA America Inc. • West Salem Machinery Co. • Zenith Cutter Co.


Contact Cara Bergeson, conference manager, at cara@resource-recycling.com for additional information on sponsorship and exhibiting opportunities. For additional information, please visit www.plasticsrecycling.com or click on the banner below.