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Injection molder Tulip Richardson sold to Stryten Energy
13
/12
/2021
Battery manufacturer Stryten Energy LLC purchased one of its suppliers, Milwaukee's Tulip Richardson Manufacturing (TRM) injection molding machine. TRM manufactures products for the automotive, industrial lead-acid batteries and consumer markets. It also reprocesses polypropylene and manufactures high-density polyethylene rec...
Oil fluctuates at the highest level in many years
15
/11
/2021
After trading just below multi-year highs on Friday, crude oil prices edged higher last week. The pre-weekend rally extended into Monday and hit multi-year highs in intraday trading. The bullish sentiment due to tight global supply and increased fuel demand in the US and Asia supported the global benchmark oils.
Bringing automotive up to speed on recycled materials
11
/12
/2021
TotalEnergies, Plastic Omnium to develop new recycled plastic materials for auto industry TotalEnergies and Plastic Omnium have joined forces to design and develop new plastic compounds made from recycled polypropylene, the companies have announced. To that end, the companies have entered into a strategic partnership to poo...
Saudi Aramco to boost oil output for first time in a decade
19
/03
/2020
Saudi Arabia’s energy minister has instructed Saudi Aramco to increase oil production by 1 million barrels/day to 13 million barrels/day, its maximum capacity, as soon as possible, the company announced in a statement to Saudi stock exchange, Tadawul.
Ups and downs of America Recycles Day
16
/11
/2021
Today is America Recycles Day, so we're giving you an all-recycling edition of Kickstart. Let's start granular. For those in the business of plastics recycling, there's good news in the form of higher prices for recycled resins, as documented in this Nov. 1 report from the Solid Waste Association of North America.
African PE, PP markets go up on tight supply and rising costs in March
23
/03
/2022
Plastics suppliers in Africa are pushing for price increases due to higher energy costs caused by the Ukraine/Russia conflict and the potential to reduce supply in an already tight market. Although most grades of PP and PE saw price increases in March, basic demand in the market remained weak.
Aduro, Switch focus on recycling agricultural plastics
11
/11
/2021
Chemical recycler Aduro Clean Technologies Inc. and Ontario-based recycler Switch Energy Corp. will build a pilot plant in Sarnia, Ontario, to recover polyethylene and polypropylene used in agriculture.
There's been a lot of investment in recycling, but it's still not enough
14
/03
/2022
There's been a lot of investment in the recycling sector, but it's still not enough There's a lot of demand for a more rounded plastic industry - a call that doesn't just come from activists, but also from inside the house (metaphor).
Import PE price decreases in line with local price
03
/11
/2021
