Tuesday, September 18, 2012

PN Daily: Private equity firm Norwest buys Minnesota Rubber & Plastics

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  Breaking News
Private equity firm Norwest buys Minnesota Rubber & Plastics
MINNEAPOLIS (Sept. 17, 7 p.m. ET) -- Quadion Corp., dba Minnesota Rubber & Plastics, is now part of local investment firm Norwest Equity Partners' portfolio. Norwest purchased the ... (more)

Eller: TPEs experiencing global growth
AKRON, OHIO (Sept. 17, 8:55 a.m. ET) -- Thermoplastic elastomers are growing, thanks to the automotive recovery, new soft-touch packaging and as a PVC substitute in the health-care industry, ... (more)

Welch Allyn shifting work abroad, blames pending medical-device tax
SKANEATELES FALLS, N.Y. (Sept. 17, 8:45 a.m. ET) -- Global medical-device and diagnostic equipment manufacturer Welch Allyn Inc. said it plans to reduce its 2,750-person workforce by 10 percent ... (more)

Nordson names new top executive at EDI
CHIPPEWA FALLS, WIS. (Sept. 17, 7:15 p.m. ET) -- Nordson Corp. has brought in one if its veterans to become top executive of Extrusion Dies Industries, which it purchased in ... (more)

Newsletter continued below...

Today's sponsor:  Maguire

FDA clears IV catheter system
ANN ARBOR, MICH. (Sept. 17, 8:45 a.m. ET) -- A new IV catheter system designed to minimize the risk of needle-stick injuries and occupational exposure to blood has received market clearance from ... (more)

Callahan named MMI president
SALINE, MICH. (Sept. 17, 8:45 a.m. ET) -- Doug Callahan has been named president and chief operating officer of MMI Engineered Solutions, an engineering company that designs, tools and molds ... (more)

Spain's Grupo Maier buys stake in Italian auto firm
AJANGIZ, SPAIN (Sept. 17, 8:35 a.m. ET) -- Spanish auto component injection molder Grupo Maier has extended its production into southern Europe with the purchase of a 50 percent stake in Italian ... (more)

India may outpace China by 2048
LONDON (Sept. 17, 8:35 a.m. ET) -- India is likely to overtake China to become the world’s largest economy by 2048, according to a leading ... (more)

Scotland offers loans to plastics recyclers
EDINBURGH, SCOTLAND (Sept. 17, 8:35 a.m. ET) -- The Scottish government has established a $4.05 million loan scheme to help support plastics recyclers. The fund will be administered by Zero Waste ... (more)

Russian firm to launch ABS production
NIZHNEKAMSK, RUSSIA (Sept. 17, 8:35 a.m. ET) – Nizhnekamskneftekhim (NKNH), one of Russia’s largest petrochemical producers, plans to launch production of ABS polymer in November, ... (more)

  Multimedia
Video: Material Insights: Sept. 17, 2012
North American price hikes for solid polystyrene and PET bottle resin are featured in this week's Material Insights video. Regional PS prices moved up an average of 5 cents per pound in August, with ... (more)
 
  The Plastics Blog
Chevy: "We're letting plastic be plastic"
Sep 17, 9:03 AM -- When consumer-targeted auto magazines write about new cars, comments about the interiors usually focus on the plastic. All vehicle interiors are loaded with plastic these days, obviously, but critics tend to pick on interiors that they feel are "too plastic"... (more)


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