news


CPVC plant for India


Kem One and Chemplast Sanmar have established a joint venture to manufac- ture chlorinated polyvinyl chloride (CPVC) in India. The creation of the new


company, called Kem One Chemplast, is subject to approval from the compe- tent authorities. The new facility, equally


owned by the two partners, will be located at Karaikal in Puducherry and have a capacity of 22,000 tonnes/ year of CPVC resins. The project will cost the equivalent of around $48m, using technology from Kem One. The facility will also make CPVC compounds. There has been a recent


switch from metal to CPVC pipe in India, say the partners. ❙ www.kemone.com ❙ www.chemplastsanmar.co.in


North American machinery shipments fall in Q4 of 2016


Deliveries of North American plastics machinery saw a decline in the final quarter of 2016.


The Plastics Industry


Association in the US said this was the second consecutive quarterly decrease – the first instance of back-to-back quarterly decline since the industry’s recovery began in 2010.


The preliminary estimate


for shipments of primary plastics equipment was nearly $362 million in the fourth quarter – 7.4% percent lower than the Q4 2015 figure, but 24% higher than Q3 2016. For the whole year, shipments of primary plastics equipment rose 1.2% com- pared to 2015. “After rising steadily for six


years, shipments of plastics equipment hit a plateau in 2016,”said Bill Wood, the


than 9%. New bookings of ancil- lary equipment were flat at around $127m.


The decline in the fourth


Demand from industries such as construction helped to boost sales of North American extrusion machinery in 2016


economist who puts the report together.


The shipment value of


single-screw extruders fell more than 9% in Q4, while that of twin-screw extruders – in- cluding both co-rotating and counter-rotating machines – fell around 8% in the same peri- od. For comparison, injection moulding machinery was down more than 12%, while blow moulding machines rose more


quarter, and small gain for the entire year, were comparable to the performance of the entire industrial machinery industry. According to data from the Census Bureau, the value of new orders of US industrial machinery fell 1.6% in Q4 of 2016, but increased by 0.6% for the whole year. “After a modest decline in


2016, overall demand for plastics products in the US will start to rise again in 2017,” said Wood. “Our forecast for the economy in 2017 calls for annual, real GDP growth in the range of 3% due primarily to steady improvement in wages and household incomes resulting from stronger employment levels.” ❙ www.plasticsindustry.org


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