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Future market Russia needs to modernise

Future market Russia needs to modernise

The recession has increased awareness in Russia of the need to press ahead with modernising the economy. The best form of protection against future recessions is greater diversification and focus on innovation in the national economy.

PET investment in Belarus

PET investment in Belarus

Belarus plastics producer Mogilevkhimvolokno plans to strengthen its PET business through the construction and launch of a new 120,000 tpa bottle grade PET polymer plant by 2015.

UK plastic bag industry says Italy’s plastic bag ban  contravenes EU law

UK plastic bag industry says Italy’s plastic bag ban contravenes EU law

Following the announcement that Italy is to implement a ban on shopkeepers handing out plastic bags after their current stocks run out, the UK lobbying group CBC says the move contravenes EU Law, will lead to greater environmental impacts as people switch to heavier alternatives, and by giving preference to degradable bags, will hit plastic recycling rates and increase greenhouse gas emissions.

SABIC cooperates with Mauser

SABIC cooperates with Mauser

SABIC partners with Mauser to develop high-performance, cost-effective granulated HDPE for industrial containers.

World demand for Nylon 6

World demand for Nylon 6

Strong demand for nylon 6 in China is leading market growth for the engineering polymer, says Chemical Market Associates Inc (CMAI), which forecasts global demand to grow at an average annual rate of close to 5% up to 2015. CMAI did not disclose exact figures in its press release for the 2011 World Nylon Engineering Resins Analysis.

World demand for caps and closures

World demand for caps and closures

World demand for caps and closures is expected to reach $40bn by 2014 boosted by continued growth in Asia and greater use of plastic packaging, according to Freedonia.