Senior Editor Alex Tullo of Chemical & Engineering News reports that the North Carolina-based DAK Americas, a subsidiary of the Mexican conglomerate ALFA, will buy the polyethylene terephthalate (PET) business of Wellman, Inc., for $185 million. Tullo reports: The business has a PET resin capacity of 950 million lb per year at its plant in [...]
Tracking Plastic Packaging
June 14, 2011 By 1 Comment
A company has come up with a way to let original equipment manufacturers, brand owners, and others keep their eyes at all times on their products. The aim is to help manufacturers and retailers deal with product security, counterfeiting, liability, and other issues by keeping track of unique signatures in plastic packaging. Ampacet Corp. has [...]
China’s Energy Crisis Affects Plastics Manufacturing
May 23, 2011 By Leave a Comment
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 [...]
