Page 2 - Plastics Processors News Today

The gasoline market is adding momentum to trends moving resin prices in opposite directions in North America.

Rising gasoline prices are having a ripple effect for the plastics industry.

Resins on the taxable list include polyethylene, polypropylene, homopolymer polystyrene, PVC, polybutadiene, synthetic rubber, phenolics and melamine.

The Manufacturers Association for Plastics Processors has recognized 11 companies this year for exceeding industry-average safety standards.

A New York-based investment firm has purchased well-known Indiana molder Metro Plastics Technologies from the Hahn family.

Ben Harp and Tom Rybicki, longtime executives at medical molder Polymer Conversions Inc. in upstate New York, have bought a small plastics firm near Buffalo. They said they see opportunities in fragile global supply chains.

The ongoing Ukraine crisis also is expected to keep upward pressure on materials. Russia launched a military assault on neighboring Ukraine on Feb. 23, a move that has sent global prices for crude oil and natural gas higher, even as financial markets have declined.

No one wants to be a crime victim, obviously. But when it comes to cybercrime, a lot of us — and our businesses — are at a higher risk of being hacked than we realize."A determined hacker can hack almost anyone or any company," John Prost, a consultant in cyber crime, warned the…

Growth rate will flatten compared with robust results of 2021, but some predict that positive Q4 momentum will carry over into a solid start for 2022.

There is some optimism that material production will increase, but converters and equipment makers struggle with worker shortages.