Plastics, Information

Modern Plastics E-Update December 2004

December 2004
- Year-to-date production and sales of resin up from '03

- E-Update Exclusives

- MP's December Issue Highlights

- Upcoming Issue Highlights

- Book of the Month

Year-to-date production and sales of resin up from '03 According to statistics released on Dec. 20, 2004 by the American Plastics Council, U.S. production of plastic resin totaled 7.3 billion lb in October 2004, an increase of 3.3% compared to the same month in 2003. October 2004 production was also up 1.9% from September 2004, and overall production during the first ten months of 2004 totaled 70.8 billion lb, an 8.3% increase compared to the same period in 2003. View the full release...
E-Update Exclusives Huntsman blames NYMEX for natural gas woes
Peter Huntsman, president and CEO of the Huntsman companies, criticized the New York Mercantile Exchange (NYMEX) for natural gas trading rules that he says cost consumers hundreds of millions of dollars. On Nov. 24, 2004 the United States Energy Information Agency erroneously reported that natural gas inventories were lower than expected. The news sent gas prices at the NYMEX skyrocketing 17%, the second-largest increase in history.
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Industry News
Shintech places big bet on PVC plant for U.S. More...
Honeywell opens new Asia-Pacific HQ More...
Milliken expands its materials lab More...
Country recognizes Udo Kreyenborg More...
Money to be made in airbags More...
At Sterigenics, irradiated PE demand prompts expansion More...
Scholle's big bags business adds to portfolio More...
Dec. 7 proves infamous for Amcor's Jones More...
E-biz formed for plastics processing machinery sales More...
Siemens' mobile phone woes could affect molders More...
Masterbatch group not hot on new fairs More...
Nypro adds paint line More...
Precise shifts production from its NJ facility More...
Tool component manufacturer expands More...
December Issue Highlights How P&G buys plastics
There are dramatic changestaking place in how major companies buy plastic products. They're building leverage to reduce costs; they're partnering with suppliers who can offer key services such as design; and they're deploying sophisticated Web-based electronic procurement tools that drive down cycle times and costs. And no surprise here: They're going global looking for low-cost sources.
One of the leaders is Procter & Gamble, the giant consumer products company that spends close to $3 billion a year on injection molded, blowmolded, and other types of packaging for products that range from Tide and Downey to cosmetics and health care items.
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What does 2005 have in store?
Our editors look ahead to report on the trends that will be shaping three major plastics markets: automotive, packaging, and medical. The automotive market is a big bundle of trends, so let us consider them as we move around a vehicle. For exterior parts, this should be the year that long-fiber reinforced thermoplastics (LFT) parts break out in the U.S. car industry.
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Access the entire December issue of Modern Plastics online at www.modplas.com.
January Highlights Look for these feature stories. . . Cover Story: Sorting out K
Naturally it was big. But K 2004 was also a place where suppliers were smiling, and processors were buying. Here's the lowdown from Dsseldorf.
Notables: Five technologies to watch
The first installment of our new series looks at technologies shaping the industry.
Book of the Month Whittington's Dictionary of Plastics By: James Carley Price: $99.95
Description: More than 5200 terms fill this updated and expanded version of a dictionary that has become a reliable industry standard.
For information on purchasing this book, click here.

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