NEWS
Polyplastics doubles COC resin capacity
Japan’s Polyplastics has announced plans to build a new production plant for its Topas brand of cyclic olefin copolymer (COC) at Leuna, Germany, in response to growing market demand. This new plant will be operated by
the company’s Topas Advanced Polymers subsidiary and will have a capacity of 20,000 tonnes/yr when fully operational in the middle of 2023. Capacity will be similar to that from the current Oberhausen facility, which opened in 2000.
100th KM machine to Polycom
KraussMaffei has deliv- ered the 100th injection moulding machine to be bought by long-standing customer Polycom. The machine, an all-electric PX 50-55 with a clamping force of 500 kN, is being installed at Polycom’s new location in Dobje, Slovenia. The new machine is also equipped with KraussMaffei’s DataX- plorer data analysis tool. Polycom, which is owned by the Statzonik brothers, has been buying from KraussMaffei for 25 years. It is mainly an automotive compo- nents manufacturer but increasingly supplies other industries too, and has already ordered four more KM machines. �
www.kraussmaffei.com
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Topas COC is used mainly in medical devices for its high purity and glass-like properties. It is also used in some packaging applica- tions; the company claims mono- material structures based on PE enhanced with Topas COC are more easily recyclable than multi-material structures using layers of PET or other PE-incompatible polymers. �
www.topas.com
Right: The existing Topas COC plant at Oberhausen in Germany
Logoplaste consults on growth
Logoplaste has launched a strategic review to prepare for its next phase of growth. The company aims to increase its presence in Europe and the Americas and to expand in Asia and Australasia along with its clients. To this end, Logoplaste has engaged Bain & Company to support CEO Gerardo Chiaia and the senior management. It has also retained Barclay’s Bank
and Goldman Sachs International to evaluate strategic financial alterna- tives, including raising additional share capital. Logoplaste has grown
strongly in recent years, adding new facilities in Europe, North America and Brazil, and making acquisi- tions, including a majority stake in Poland’s Mas- terchem. Sales in North America have more than tripled in the last five years.
This has been based largely on its business model of building dedicated facilities, fully integrated within customers’ sites. Recently, the company announced its Mission Zero+ commitment to build a fully functioning industrial plant with zero emissions. In June, it received a loan which links its interest payments to meeting CO2 reduction targets. �
www.logoplaste.com
California passes recycled content bill
California Governor Gavin Newsom has signed Assembly Bill 793 into state law. This is the first recycled content mandate for plastic beverage containers in the US, requiring all bottles covered by the state’s container redemption programme to average at least 15% post-consumer resin from 2022, 25% in
INJECTION WORLD | September 2020
2025 and 50% in 2030. “The passage of this bill is a critical step forward,” said Steve Alexander, President and CEO of the Association of Plastic Recyclers (APR). “Mandated PCR content creates market demand, which in turn monetises the entire waste and recycling management system.” Those manufacturers who
miss the targets will be liable to fines of 20 cts/lb for each pound they fall short. This will be paid into a recycling enhancement penalty account, which will fund the recycling infrastructure, and the collection and process- ing of bottles. APR wants the law extended to other forms of plastic packaging. �
www.plasticsrecycling.org
www.injectionworld.com
IMAGE: POLYPLASTICS/TOPAS ADVANCED POLYMERS
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