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Menampilkan postingan dari Juni, 2020

Fight continues to ban plastic even with heavy use in pandemic

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Momentum was building in the Garden State earlier this year for a potential statewide ban on single-use items such as paper and plastic bags. Then the pandemic hit. And now, groups that have been pushing for that ban for quite some time are hoping momentum doesn't shift in the other direction. Dependence on single-use items such as bags, straws, cups and take-home containers has shot up since the health emergency began, with in-person dining halted since the middle of March and eateries counting on take-out and delivery orders to stay afloat. In mid-June, New Jersey restaurants were given approval to offer outdoor seating; many have turned to one-use items in hopes of limiting the risk of cross contamination among customers. Several supermarkets have discouraged shoppers from bringing in reusable bags for the same reason. "We're seeing this tidal wave of disposable single-use plastics, which is exactly what we're trying to move away from," Doug O'Malley, direc...

Portage Plastics acquires Florida plastics division

Hyde Park Capital Advisors, LLC announced the sale of Paradise, Inc.'s plastics division, a manufacturer of plastic products, to Portage Plastics Corporation on June 15. Hyde Park Capital served as the exclusive investment banker to Paradise for this transaction. "Portage Plastics has a long history of providing quality products to their customers. We are very excited and pleased Portage has acquired our plastics division and look forward to adding our products and services to theirs as the joining of forces will improve the business growth resulting in a stronger presence in the marketplace," said Randy Gordon, Paradise, Inc. president and CEO. "In August 2019, we advised the Paradise management team on the sale of their candied fruit business to Seneca Foods Corporation. It is great to see another division of their business go to a worthy owner, Portage Plastics. It has been great to work alongside Randy Gordon and Paradise's legal, accounting, and management t...

Plastics Market Scope

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Environmentalists charged with terrorizing oil and gas lobbyist with box of plastic pellets

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Two women in Louisiana face felony charges after leaving a box full of plastic pellets that they claimed were "dumped" into local waterways by Formosa Plastics on the doorsteps of company officials' houses. Nola.com reported that Anne Rolfes and Kate McIntosh face charges of terrorizing and principal to terrorizing, respectively, and could face more than a decade in prison if convicted. The two are accused of leaving a box of plastic pellets on the front porches or doorsteps of several officials at Formosa Plastics, along with notes clearly labeling the boxes' contents. "These are just some of the billions of nurdles that Formosa Plastics dumped into the coastal waters of the state of Texas," the note said, according to Nola.com. "These were used as evidence in a landmark lawsuit filed against Formosa under the Clean Water Act." The two women are members of the Louisiana Bucket Brigade, a local environmentalist group. An attorney for the Center for...

Worldwide Foam Plastics Industry to 2025

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DUBLIN, June 24, 2020 /PRNewswire/ -- The "Foam Plastics Market by Type (PU, PS, PO, Phenolic), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The foam plastics market is projected to grow from USD 51.3 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8% between 2020 and 2025. Growth of major end-use industries of foam plastics, high demand for foam plastics in APAC, and energy sustainability and energy conservation properties of foam plastics are the major factors driving the growth of the market. Building & construction segment is projected to be the largest end use market of foam plastics. The building & construction industry is expected to lead the overall foam plastics end use market, in terms of value, between 2020 and 2025. Building & construction applica...

City Council approves $100000 grant for Flying W Plastics plant

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City Council unanimously approved a $100,000 grant for a West Virginia-based plastic and piping manufacturer to subsidize building improvements for a new plant in Northwest Jacksonville. Flying W Plastics Inc. agreed to create 28 jobs and invest an estimated $8 million to renovate an existing industrial facility at 109 Stevens St., north of Interstate 10, according to documents from the city Office of Economic Development. Resolution 2020-132 includes a development agreement detailing the job creation and capital investment conditions. The money would come from interest income in the Northwest Jacksonville Economic Development Fund. Council approved the resolution during its June 23 meeting. A project summary dated May 18 attached to the bill says it would be the second Flying W Plastics plant in the U.S. and serve the company's Florida and Southeast market customers. Flying W Plastics was established in 1984 and serves ...

This Plastic Mega-Factory Is a $10 Billion Bet on a Single-Use Future

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(Bloomberg) -- By the time the ribbon is cut in 2029 on the Sunshine Project, a $9.4 billion petrochemical plant under construction in rural Louisiana, single-use plastic bags will likely be restricted for most shoppers in the U.S. Right now there are bans, fees, and other rules on plastic for more than 1 in 5 Americans. Push that trend into the next decade, and you can imagine metal straws becoming commonplace, chicken breasts purchased without the tug of shrink wrap, and a generation unfamiliar with the touch of a Styrofoam cup. Yet right there on the same timeline sits Sunshine. When ready to run, the2,400-acre complex owned by the Taiwanese conglomerate Formosa Plastics Group will be dedicated to production of polyethylene, polypropylene, and ethylene glycol. These virgin resins are used to make plastic products. Manufacturing will spread across 14 plants, all built to last. The people pushing single-use bans want to eliminate what this giant factory and hundreds of others like it ...

Foam Plastics Market by Type End-Use Industry and Region

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The "Foam Plastics Market by Type (PU, PS, PO, Phenolic), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The foam plastics market is projected to grow from USD 51.3 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8% between 2020 and 2025. Growth of major end-use industries of foam plastics, high demand for foam plastics in APAC, and energy sustainability and energy conservation properties of foam plastics are the major factors driving the growth of the market. Building & construction segment is projected to be the largest end use market of foam plastics. The building & construction industry is expected to lead the overall foam plastics end use market, in terms of value, between 2020 and 2025. Building & construction applications include forging, doors, roof board, and...

Saving Life On Earth: The Fossil Fuel Industry is Building Plastic Factories

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More than 8 million tons of plastic enter our oceans every year, drowning wildlife, polluting our beaches and wrecking ecosystems, with no end in sight. From the deepest sea trenches to the most remote islands, plastic is starving seabirds and whales, suffocating sea turtles, and contaminating food chains. On top of that, the facilities producing all the plastic from fracked gas — often located in low-income areas along the Gulf Coast and in Appalachia — are poisoning people's air and water. This week's conversation will discuss our work to protect wildlife, communities and the climate by fighting plastic pollution at the source. We'll talk about the plastic industry's plans to drastically increase plastic production over the next five years, what we're doing to stop it, and why we can't recycle our way out of the plastic problem. The presentation will feature the Center's Julie Teel Simmonds, s...

Extruded Plastics Market Rising Growth Business Analysis and Forecast Study 2028

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The MarketWatch News Department was not involved in the creation of this content. Jun 18, 2020 (Market Insight Reports) -- Global Extruded Plastics Market is expected to reach USD 328.70 billion by 2028, growing at a CAGR of 3.6% during the forecast period. The growing demand for extrudates from the construction industry is expected to propel the extruded plastics market during the forecast period. The market for extruded plastics has been segmented in major regions to understand the global development and demand patterns of this market. Asia-Pacific emerged in 2018 as the fastest-growing region in the backdrop of high demand for extruded plastics from significant end-use sectors such as automobiles, building & construction, packaging, consumer goods. Rapid industrialization and urbanization combined with economic growth in this region have led to the growth of these end-use sectors, which are expected to spur the demand for extr...

Severe challenges await global plastic pipes market: report

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Even as the construction industry has so far been able to cope with the corona crisis better than other sectors, manufacturers of plastic pipes, which depend primarily on the development of the construction industry, will nevertheless also face very serious challenges in the coming months, if not years, predicts a report. Market research institute Ceresana has now updated its third report on the global market for plastic pipes, which had been published in 2018. The new edition provides a first assessment and quantification of the effects of the pandemic, including forecasts until 2027. Pipes enable communication Home office and online commerce are pushing digitisation. This upheaval in the economy seems to have very little to do with pipes at first glance. However, large sums are currently being invested in the expansion of fibre optic networks all across the globe. "Plastic cable protection pipes are needed to shield the expensive cables from harmful environmental influences,...

Nation's First Pilot Project Recycling Flexible Plastic Packaging Yields Successful Results

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"Approximately 12 billion pounds of FPP are consumed annually in the U.S., and it's one of the fastest growing consumer packaging formats, but collecting, sorting, recycling and reintroducing this material back into the marketplace as new products requires a comprehensive approach to ensure that these materials don't end up in landfills," said Brent Heist, MRFF Steering Committee Co-Chair; Section Head – Packaging Sustainability, P&G. The report, "Flexible Packaging Recycling in Material Recovery Facilities Pilot" prepared by Resource Recycling Systems (RRS) demonstrates that with adequate optical sorting capacity and peripherals, FPP can be efficiently captured in a large single-stream MRF and processed into a commodity bale, known as rFlex, for reuse in a variety of markets while diverting plastic from landfills.    The report also identifies more than a dozen end market opportunities for the captured FPP. Building envelope products like roofi...

How do we tackle the rising tide of pandemic-driven plastic waste?

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The Independent employs over 100 journalists around the world to bring you news you can trust. Please consider a contribution or subscription. The coronavirus pandemic is generating a rising tide in all things plastic. Some increases have been driven by necessity: Personal protective equipment (PPE) of masks, gloves, gowns and visors have been crucial in protecting medical staff and other frontline workers from Covid-19 transmission. ...

From national parks to the deep sea plastic pollution is showing up wherever scientists look

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In 2017, Janice Brahney was examining dust that had blown across the wilderness of the Western United States to determine its nutrient composition. She slid her samples under a microscope, expecting to see the usual quartz and feldspar grains, pollen and random bug parts. Instead, what leaped from the lens were candy-colored shards and spherules — blue, pink and red plastics mixed with the dust like foul confetti. "I was really taken aback when I saw this," said Brahney, an assistant professor of biogeochemistry at Utah State University. "I had no idea that our pollution had extended to that level." Sensing a potential discovery, Brahney, along with fellow researchers, started monitoring dust deposits in nearly a dozen protected areas in the West — places we tend to think of as relatively pristine, like Joshua Tree National Park, Rocky Mountain National Park and the Grand Canyon. [Hoovering the ocean: Plastic pollution threatens marine life, humans and ecosyst...

Jaffa ablaze: Explosive thrown at a municipal building truck set on fire

Two arson events took place in the central city of Jaffa overnight Friday. In one case, an Eden water company truck was ignited, causing grave damage to cars parked nearby. Firefighting and rescue teams arrived at the scene and contacted police, which began investigating the circumstances of the incident.Moreover, a Molotov cocktail was thrown at a Tel Aviv municipal building. During that incident, a window in the building was shattered and a plastic bottle filled with gas was tossed inside. The fire caused extensive damage to at least one of the offices in the building. The circumstances of the incident are currently under review. These two events occurred remarkably close together and preceded a series of violent events that occurred throughout the night, including setting several area trash cans on fire.The riots began because of the city's plan to build the Center for the Homeless on a site that was an old Muslim cemetery.The cemetery in question dates to the 18th cen...