On Friday, March 30, the U.S. Food and Drug Administration (FDA) rejected a call to ban the plastic additive bisphenol A from food packaging. The agency took this action after federal researchers couldn’t find sufficient evidence that people are being harmed by BPA. The call had come from the Natural Resources Defense Council (NRDC). The [...]
China’s Energy Crisis Affects Plastics Manufacturing
An energy crisis has hit central China, which is affecting its plastics manufacturing. The crisis has been exacerbated by a drought that is reducing hydroelectricity capacity. An Associated Press article reports that the energy crisis in the industrial regions west of Shanghai is the worst in years. The China Electricity Council, an industry group, estimates [...]
Chemical and Plastics Company Sees Strong Growth
BASF SE says it more than doubled first-quarter earnings because of higher demand for its chemicals and plastics, which are used to make items as diverse as cars and cosmetics. According to an Associated Press report: BASF, the world’s biggest chemicals company, said Friday it earned €2.4 billion ($3.5 billion) in the January-March period, compared [...]
Johnson & Johnson to Buy Medical Device Company Synthes
The rumors began over the weekend and are growing stronger. Johnson & Johnson (J&J) is in discussion to acquire Synthes, a Swiss medical device manufacturer. If the deal crystallizes, J&JÂ could boost its revenue and profit in the short term and gain a strong foothold in the growing market for orthopedic surgery products. It will also [...]



