This Week's Top Stories: Wednesday, 22nd October 2014
Prices edge upward amid supply concerns
Calmness returned to the European standard thermoplastics sector last month after the turbulence of September. October feedstock contract prices for ethylene, propylene and styrene monomer were all settled on a rollover basis with benzene up slightly (+€6/tonne).
Arburg starts taking orders for Freeformer
For fans of 3D printing, Fakuma 2014 marks an important date: Arburg is taking German orders for the Freeformer. Arburg is showing two Freeformers at Fakuma, in stand A3-3101. After a decade of development, Arburg introduced the Freeformer one year ago, at the K 2013 show in Dusseldorf.
SVP takes Klöckner Pentaplast off the market
Plastic sheet leader Klöckner Pentaplast Group is no longer for sale, according to a 21 October Reuters article. Connecticut, US-based investment firm Strategic Value Partners canceled plans to sell Klöckner Pentaplast after bids came in “well below” the firm’s asking price of $1.9bn (€1.5bn), according to the article.
Hexpol acquires Vigar's compounding division
Swedish polymers group Hexpol is to acquire the rubber compounding division of Vigar Group, the Spain based plastics and rubber compounder and finished products maker, including a plant in Germany. The €19m deal to purchase the business from Vigar’s founding family is due to be completed, subject to approvals, by year end.
Humanoid robot provides inspection
Everyone knows robots can improve production and quality. But no one says they can’t show a little personality while they’re working. For a production cell at Fakuma in Friedrichshafen, pi4_robotics’s humanoid robot takes centre stage, inspecting parts made by Berlin-based injection moulder Ehlebracht Plastics Technology and coated by Linköping, Sweden’s Impact Coatings AB.... more
OnePlastics Group to cover seven plastics firms
A Dublin-based company is launching a new brand to unify its plastics businesses into a single entity called OnePlastics Group. OnePlastics is being born out of One51plc Group and includes seven businesses coming together under a unified name.
Meusburger turns 50 and keeps growing
Meusburger, based in Wolfurt, Austria, is celebrating its 50th anniversary this year but it shows no sign of slowing down as it gets older. In fact, its growth has been accelerating in recent years. Meusburger, which manufactures high precision standard parts for injection moulds, recovered strongly from the recession in 2009, with its turnover increasing from €79 million in that year to €160 million in 2013.
Composites on road, rail, air and sea
In this feature James Snodgrass looks at the composite applications for transportation that won their respective categories at this year’s JEC Innovation Awards. At the annual JEC Europe conference in Paris, France in March, the latest set of gongs were awarded for new advances in composite technology as part of the JEC Innovation Awards.
Caps and Closures 2014: 12 - 13 November|
Caps and Closures 2014, held in Amsterdam, offers a unique
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