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Taiwan Formosa Plastics Group would be interested in BP assets
The Wall Street Journal    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Taiwan's Formosa Plastics Group would be interested in buying assets that BP PLC (BP) is selling to help pay for the costs of its massive oil spill, a senior official at the group's flagship Formosa Plastics Corp. (1301.TW) unit said. "There's an interest, but it depends on conditions and the price," the official said, declining to be named. BP hasn't approached the company so far, he said. He didn't specify which assets Formosa would be interested in purchasing or their location. BP is selling properties in order to fund the mounting costs from the massive oil spill in the Gulf of Mexico, and has agreed to sell its assets in North America and Egypt to Apache Corp. for $7 billion. More



Artificial enzymes may green up production of plastics, drugs
The Seattle Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
From manufacturing tires to churning out pharmaceuticals, industrial-scale chemistry can be a nasty business. Stews of ingredients are pressurized, boiled and laced with solvents and toxic metal catalysts to drive the reactions that yield useful products. Nature takes a gentler approach, marshaling armies of enzymes to produce the things living cells need to keep them humming. Now, scientists at the University of Washington have followed nature's lead to design and build two artificial enzymes that could "green up" the production of plastics, drugs, textiles and a wide range of other goods. More

PTT plans green plastics venture
Bangkok Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Thailand's national oil flagship PTT has joined with Mitsubishi Chemical Corp (MCC) to build the first biodegradable plastics plant to serve the rising global trend, says Prajya Phinyawat, PTT's chief operating officer for downstream petroleum business. The two companies are studying the possibility of investing first in downstream biodegradable products, including polylactic acid (PLA) and polybutylene succinate (PBS). More



Ithaca, NY, plastics company gets $18.4 million federal grant
The Ithaca Journal    Share    Share on
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An Ithaca company has managed to turn waste into an $18.4 million windfall — and will be doing its bit to save the planet in the process. The novel work at Novomer to transform carbon dioxide (CO2) from a harmful greenhouse gas into a lightweight plastic was recognized Thursday by the U.S. Department of Energy. It awarded Novomer one of six grants funded by $106 million from the American Recovery and Reinvestment Act. More


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Highly improved mechanical and tribological properties in nanofiber composites
SPE Plastics Research Online    Share    Share on FacebookTwitterShare on LinkedinE-mail
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High-performance thermoplastic polyetherimide (PEI) has great promise for aerospace materials and electronics subjected to extreme conditions because of its high strength and elastic modulus, excellent thermal stability, and superior electrical and dielectric properties. However, PEI poses two crucial challenges to practical applications: brittleness and poor wear resistance, which significantly affect the processing, performance, and service life of polymer materials. More

Engineering applications are bioplastics' holy grail
Design News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Two leaders in the development of sustainable polymers are extending research into a new generation of engineering plastics made from renewable resources. The research mates Ingeo polylactic acid from NatureWorks of Minnetonka, Minn., with furanic chemicals developed by Avantium of Amsterdam, The Netherlands. More

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Blowmolding: Adding a row helps double the output
Modern Plastics Worldwide    Share    Share on
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With its second row of molds, a new single-stage stretch blowmolding machine offers processors the ability to double output on the same footprint as a more established model, while also reducing energy consumption per bottle by about 40 percent. Blowmolding machine manufacturer Nissei ASB Co. (Atlanta), the wholly owned U.S. subsidiary of Japan's Nissei ASB Machine Co. Ltd., offers the machine, marketed as the ASB-150DPW. More



PE and PVC prices fall again
Plastics News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
North American selling prices for polyethylene and suspension PVC have continued their summer slides. Since June 1, regional prices for high and linear low density PE are down an average of 8 cents per pound, according to buyers contacted recently by Plastics News, while prices for low density PE are down an average of 4 cents. More

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