#ECONOMICS

Packaging

Top Packaging Innovation Award Goes to Henkel in Collaboration with Plastic Bank

The strong focus on sustainability and the circular economy evident in Dow’s 2020 Packaging Innovation Awards

Recycled Materials

Elix Polymers and Repsol Forge Circular Economy Styrenic Partnership

Styrenics compounder Elix Polymers and oil & gas company Repsol agree to incorporate chemically-recycled styrene into the production of ABS/SAN, in compliance with the ISCC PLUS certification.

2020 Size & Impact Report: Growth in the Plastics Industry

The 2020 Size & Impact Report indicates that the U.S. plastics industry not only remains one of the economy’s largest sectors, but also that it continued to grow in 2019. According to the report, the U.S. plastics industry accounted for an estimated $432 billion in shipments and 1,003,000 jobs last year.

Post-Industrial Recycling

Graham Recycling Company Celebrates 30th Anniversary

The plant is extremely important to Graham’s mission to create a circular economy.

Post-Industrial Recycling

U.S. Plastics Pact Focuses on Creating a Circular Economy for Plastics

A key target is taking actions to effectively recycle or compost 50% of plastic packaging by 2025.

Molds & Tooling

Molds for Plastics Monthly Trade Monitor

This monthly trade statistics report—developed by Perc Pineda, PhD, Plastics Industry Association’s Chief Economist—includes monthly and year-over-year analysis of U.S. plastics mold trade. In this report, exports and imports of plastics molds are broken down by HTS number and by country, providing deeper insights on export market growth and import trends by product and country of origin.

Automotive

GPS Online October 21–23: Pandemic Forces Changes in an Already Volatile Market

COVID-19’s adverse impact on a broad range of industries has dominated recent discussions of plastics. Against the backdrop of fragile economic conditions, ongoing trade tensions, and a lower merchandise trade forecast, what can the U.S. plastics industry expect in 2020 and beyond? Register for GPS Online to discover how you can turn these challenges into opportunities.

Compounding

Index Climbs Higher Toward ‘Neutral’ Mark

New orders and production hint at a bottom in the initial disruption caused by the Coronavirus pandemic.

Post-Industrial Recycling

Nova Chemicals Talks Recycled Plastics, Sustainability Strategy

In this Q&A, Monika Kleczek, circular economy market development manager, Nova Chemicals Polyethylene Business, talks about the company’s efforts to expand a market for recycled plastics. 

Packaging

Pandemic’s Impact on U.S. Plastics Appears Weaker Than Originally Forecast

A second quarter economic report from the Plastics Industry Association (PLASTICS) reveals the possibility of a less severe coronavirus slowdown in the plastics industry than previously expected.

Extrusion

Contraction Slows for Processors

For the first time since the coronavirus pandemic, Gardner Business Index signals decelerating contraction as all components report improved readings.

Blow Molding

Plastics Processing Business Continued Contracting in April

Global economic shutdown causes downturn in new orders and production.

Packaging

Additives: Additive and White Masterbatch Portfolio for BOPE Films

Ampacet’s Biox4ce additive masterbatches for biaxially-oriented polyethylene (BOPE) film applications support the circular economy.

Thermoforming

Processing Index Contracts as Coronavirus Disrupts Economy

COVID-19 results in weaker new orders, production dips and a disrupted supply chain in March. But for how long?

Post-Consumer Recycling

Waste Solutions Provider Brightmark Announces New Growth Plan

Over the past two years, Brightmark has more than tripled the size of its staff, garnered  $150 million in equity investments in its projects, and acquired proprietary technology that aims to create a circular economy for post-use plastics. 

Compounding

Expanding Production Bumps Index Above 50

Index expands for first time since June 2019. 

Additive Manufacturing

3D Printing Helps Close the Loop for Armor’s Circular Economy

Manufacturing 3D printing filament was first a way for Armor to recycle its own reclaimed plastic waste. But now, this business unit is helping to close the loop on sustainability for plastic 3D printed products.

COVID-19, the Fed Funds Rate and the U.S. Plastics Industry

Is the economy experiencing a financial meltdown necessitating drastic action from the Fed? The answer is a resounding no – the U.S. is not in a financial crisis.

Thermoforming

Index Inching Close to 50

January reading of 48.6 sends early signals of business-cycle phase change.

Extrusion

Contraction Slows Among Processors

Improvement in fourth-quarter new orders suggest a production boost may be in the offing.

Drying

K 2019 Report: Auxiliaries Stake Their Claim in the Circular Economy

The theme of sustainable plastics pervaded the exhibits at K 2019,  even those of auxiliary equipment suppliers, where everything from dryers to blenders to hopper loaders was reimagined as part of a circular plastics process.

Construction

'Circular Economy' Dominates Discussion of Resins, Additives at K 2019

New product launches from materials suppliers at the giant show shine light on sustainability. 

Packaging

Reflection is Key to PolyOne's Color Inspiration 2021+ Color Trends Forecast

Four dynamic color palettes forecasted by PolyOne, each tied to ‘reflection’ on our lifestyle, environment and choices.

Automation

Hahn Automation Expands Management Team

German manufacturer of assembly and testing automation equipment has expanded its management team to include a chief operations officer (COO) and chief revenue officer (CRO).