Plastics

Foresight plies recycler with investment capital (Plastics and Rubber Weekly)
Wed, 21 Jan 2009 09:46:07 GMT
UK asset management company Foresight Group has completed a £5m investment in London-based recycling operation 2K Manufacturing. The firm will manufacture a plywood substitute from waste plastics.

Blue Star New Chemical Falls Most in a Month on 2008 Loss (Bloomberg)
Wed, 21 Jan 2009 02:24:11 GMT
Jan. 21 (Bloomberg) -- Blue Star New Chemical Material Co. , a Chinese plastics manufacturer, fell the most in a month in Shanghai trading after saying it will post a loss for 2008.

Berry Plastics to expand (The Indianapolis Star)
Wed, 21 Jan 2009 07:07:15 GMT
EVANSVILLE » Berry Plastics Corp. is planning an $80 million expansion. The Evansville-based company says the site has yet to be determined. It says the expansion will add more than 150 jobs. The targeted date for startup is in the first quarter of 2010. (AP)

Sabic Closes Plants as Quarterly Net Misses Forecasts (Update1) (Bloomberg)
Tue, 20 Jan 2009 16:07:31 GMT
Jan. 20 (Bloomberg) -- Saudi Basic Industries Corp., the world’s largest chemical maker by market value, reported a record drop in quarterly profit and said it is shutting plants to contend with slumping demand for plastics and chemicals.

Berry Plastics to expand operations next year (WTHR Indianapolis)
Tue, 20 Jan 2009 11:42:03 GMT
Berry Plastics Corp. is planning an $80 million expansion of its thermoforming operations next year.

2 quit board of plastics maker (The Scranton Times-Tribune)
Tue, 20 Jan 2009 09:40:28 GMT
Two board members of Scranton-based CPG International Inc. have resigned, and ties with the company’s founding family were severed as the plastics manufacturer confronts tough times.

Sabic Profit Below Target on Slumping Plastics Demand (Update2) (Bloomberg)
Tue, 20 Jan 2009 07:43:08 GMT
Jan. 20 (Bloomberg) -- Saudi Basic Industries Corp., the world’s largest chemical maker by market value, reported a record drop in quarterly profit as the global financial crisis and a slumping auto industry reduced demand for plastics and chemicals.

Plastics company buys former Noble plant in South Haven; to create 50 jobs (The Kalamazoo Gazette)
Mon, 19 Jan 2009 16:25:13 GMT
SOUTH HAVEN, MI -- A northern Michigan plastics company has purchased a building in South Haven where it plans to create 50 new jobs in the production of plastic trays for the horticulture industry....

Extrutech Plastics, Inc. Announces That it has Been Certified as ISO 9001-2000 QMS Compliant (ThomasNet)
Mon, 19 Jan 2009 14:05:07 GMT
MANITOWOC, WI, JANUARY 8, 2009 - Extrutech Plastics, Inc., a custom plastic extruder, has been registered by Verisys Registrars, LLC of Brookfield, WI as ISO 9001-2000 QMS compliant. The scope of this registration encompasses the manufacturing of custom pvc profile extrusions for the agriculture, food, construction and other custom markets. EXTRUTECH PLASTICS extrudes high quality, close ...

Berry Plastics announces $80 million expansion (14 WFIE Evansville)
Mon, 19 Jan 2009 22:42:20 GMT
The expansion will mean at least 150 new jobs for the area.

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