NEWS
Coronavirus causes Chinaplas cancellation
Chinaplas 2020 has been cancelled – having earlier been rescheduled from April to August of this year. The next edition of the show will now take place on 13-16 April 2021, at the Shenzhen World Exhibition and Convention Center. Adsale, the organiser of
the show, said in a state- ment: “Since the occurrence of Covid-19, we have been
closely monitoring the situation. The virus is now largely under control in China but poses a high degree of uncertainty globally. China has now a formidable task of fighting against local rebound infections while preventing the next wave of outbreak from imported cases.” On 6 April 2020, the State Council of China issued a
circular on controlling further spread of the disease – which said that “all kinds of exhibitions have to be stopped for the time being”, said Adsale. Next year’s event is being held in a new venue, having previously been scheduled to take place at the National Exhibition and Convention Center in Shanghai. �
www.chinaplasonline.com
NSF opens new testing lab
US plastics testing specialist NSF International has moved two of its laborato- ries into a single 20,000 sq ft
space in Ypsilanti, Michigan. The expanded location brings all its plastics testing and certification capabilities
NSF’s new laboratory expands its plastics testing capabilities
together, including chemical and structural testing on plastic pipes. The testing laboratories have been relocated from Aurora in Canada and from NSF’s global headquarters in Ann Arbor, Michigan. “By bringing our labora- tories under one roof, we are offering greater ease to our clients, providing advanced plastic pipe, fitting and material testing,” said Dave Purkiss, vice president of NSF’s global water division. �
www.nsf.org
NEWS IN BRIEF...
US-based decking manu- facturer Trex has complet- ed its top management team, with the appointment of a new CFO. Dennis Schemm joins the company from a similar position at Continental Building Products. Trex’s CFO position was vacated by Bryan Fairbanks, who becomes president and CEO on 29 April – replacing James Cline, who moves to become chairman.
www.trex.com
The US-based Plastic Pipe Institute (PPI) has pub- lished a technical note on the use of chlorinated PVC (C-PVC) in piping systems for commercial buildings. The technical note,
TN-62, explains material properties and capabilities that should be considered when designing C-PVC systems for commercial building applications. It applies to applications including hot- and cold- water distribution (potable water plumbing), fire protection, chilled water and cooling systems.
www.plasticpipe.org
ADS estimates healthy sales and profits
US pipe manufacturer Advanced Drainage Systems (ADS) has provided a business update ahead of its full-year financial results. The company says it expects net sales for 2020 are expected to be around US$1,674 million – a 21% increase on fiscal year 2019. If realised, it will exceed the company’s earlier prediction (of US$1.6-1.65bn).
8 PIPE & PROFILE EXTRUSION | May 2020
At the same time, ADS expects adjusted EBITDA to exceed the higher end of its previously announced prediction of US$345m. To maintain a safe work environment and contain the spread of Covid-19, many ADS employees are now working from home, while non-essential travel and events have been cancelled. It has also implemented a cost
reduction and efficiency programme, including reduced salaries for directors and executives, a recruitment freeze, and enforcing expense controls. “While it is impossible to predict the
future impact of Covid-19, current demand and business activity remains fairly stable overall,” said Scott Barbour, president and CEO of ADS. �
www.ads-pipe.com
www.pipeandprofile.com
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