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Companies Scheduled to Exhibit at Plastics USA/98
Close to 400 exhibitors have already reserved
more than 105,000 net square feet of exhibit space in
Plastics USA/98 eight months before the exposition's
scheduled dates of Oct. 6-8, 1998, according to show
co-sponsors, The Society of the Plastics Industry Inc. (SPI)
and Society of Plastics Engineers (SPE). The floor plan of
the upper level of Chicago's McCormick Place East (renamed
Lakeside Center) has been expanded from 100,000 to 125,000
net square feet to accommodate those exhibitors still
seeking to reserve space.
The Plastics USA/98 exposition is designed for plastics
equipment manufacturers, producers, users and processors in
the North, Central and South American marketplace.
In conjunction with Plastics USA, the SPE will conduct
four days of technical seminars, Oct. 5-8, featuring experts
on a variety of topics ranging from practical processing to
theoretical polymers. In addition, SPI will offer a two-day
complimentary conference program, Oct. 6-7. The educational
programs will be held in the Lakeside Center.
For more information on exhibiting, call Hall-Erickson at
(630) 850-7779. For more information on attending, call SPI
at (800) SPI-0015 or (202) 974-5235 or visit the Web site at
U.S. Demand For
According to a study from The Freedonia Group, a
Cleveland-based industrial market research firm, U.S. demand
for acrylic resins will expand 3.6 percent annually to 3.5
billion pounds in the year 2002, valued at $2.3 billion.
Growth will continue to be spurred by greater use of
acrylics in coatings, adhesives and paper and textile
finishes, due to their compatibility with waterborne,
high-solids and radiation curable products.
In adhesives, demand will benefit from the growing use of
acrylate monomers in the production of water-based pressure
sensitive adhesives, which are expanding their presence in a
range of packaging applications. Other growth opportunities
exist in such areas as medical products, where acrylics'
toughness, clarity, biocompatibility and ability to
withstand chemical or gamma radiation sterilization make
them suitable for use in contact lenses, drug delivery
systems and other medical instruments.
A full copy of the report is available from The Freedonia
Group. Contact the company at (216) 921-6800; Web site:
Bayer Corp. Invests
$25 Million in Isocyanate Facilities
To meet increasing demands in the
high-performance coatings markets, Bayer Corp. announced its
plans to invest $25 million in its Baytown, TX, coatings
facilities this year. Of this investment, $18 million will
be used to debottleneck and expand the production of four of
its major products -- Desmodur H, Desmodur N, Desmodur W and
Desmodur Z aliphatic isocyanates.
"The demand for more durable, attractive and
high-performance coatings is rising faster than ever before,
and polyurethane technology meets the more stringent
specifications," said Rich Sabatine, marketing director of
Bayer Corp.'s Coatings Business Unit. "This capacity
increase will help supply necessary raw materials for the
production of polyurethane coatings demonstrating Bayer's
commitment to the industry."
Desmodur H, Desmodur N and Desmodur Z are key raw
materials used in polyurethane coatings for the automotive
OEM, automotive refinishing, industrial finishes and
maintenance industries. Desmodur W is mainly used in
manufacturing waterborne coatings and elastomeric
The remaining $7 million of the total investment will be
used to make quality improvements and infrastructure
enhancements to the Baytown facility, which started
producing raw materials for polyurethane coatings in 1976.
As polyurethane technology has expanded in existing markets
and moved into new markets through the past several decades,
Bayer has continued to increase its capacity for supplying
quality raw materials to the marketplace.
Acquires Somomeca Group
In a strategic move to solidify its European
plastics manufacturing platform and enhance the company's
technical capabilities, Moll Ind. acquired Somomeca Group, a
major supplier of injection molded plastic components to the
automotive and appliance industries.
Moll serves such industries as automotive, appliance,
telecommunications, packaging and business machines by
offering engineering, design, prototyping, mold building and
mass manufacturing on an international basis. With annual
sales of approximately $90 million, Somomeca Group owns and
operates eight facilities throughout France and Portugal,
and is the second largest manufacturer of plastic molds in
Under terms of the agreement, Somomeca's plastics
business will be renamed Moll Industries France, while the
engineering, design and mold-building operations will
continue to create and operate their design facilities under
a separate name.
into Biking Industry
K2 was awarded the Product Award of Excellence at
the International Composites Expo for its use of
thermoplastic material in its Pro-Flex 5500 and 4500 Model
The bikes were manufactured using TowFlex, a patented
thermoplastic material produced by Applied Fiber Systems
Ltd. K2 chose the plastic material over metal for its
mountain bike frame to satisfy weight, durability and
Group Purchases Penn Fibre and Specialty Co.
The Specialty Group Inc. of Dunmore, PA,
announced the purchase of Penn Fibre and Specialty Co. Inc.
A privately-owned company, The Specialty Group is a major
producer of such military equipment as combat helmets,
combat packs and body armor, as well as aircrew survival
vests, and other personal survival gear.
Penn Fibre is a leading manufacturer and supplier of a
broad range of engineered-thermoplastic parts and materials,
which are used in countless thousands of industrial
applications throughout the U.S. and abroad. The company's
production facilities are located in Greenwood, DE.
William E. Minogue, president of Penn Fibre, emphasized
that all phases of the company's business remain unchanged.
He added that, while the Specialty Group has assumed
operating control, day-to-day customer contact, order
service and production, plus the ISO 9002-governed product
quality and overall responsiveness on which Penn Fibre's
reputation has been built, are not affected by its recent
purchase. "If anything," Minogue said, "the engineering
skills and financial resources provided by The Specialty
Group can only enhance Penn Fibre's leadership position
throughout the many industries which we serve."
Acquires MOS Plastics For $17 Million
Compass Plastics & Technologies Inc.
announced the completion of its acquisition of San Jose,
CA-based MOS Plastics Inc. for approximately $17.4 million.
MOS Plastics' founder, Werner Schulz, will be joining
Compass Plastics' board of directors.
Founded in 1974, MOS Plastics is an injection molding
company that specializes in producing turnkey plastics parts
and subassemblies. MOS has 150 employees and occupies a
60,000-square-foot manufacturing plant and
26,500-square-foot warehouse. The company has 35 molding
machines and state-of-the-art mold-making capabilities.
The company's clients include Hewlett Packard, Apple
Computer Inc., Silicon Graphics Inc., Lifescan Inc., Nellcor
Inc. and Rockshox Inc., among others. The company achieved
1997 sales in excess of $18 million and EBITDA of over $3
Compass Plastics, through its wholly-owned subsidiary, AB
Plastics Corp., is a leading contract manufacturer and
assembler of custom injection-molded plastic components in
the western United States and Baja, Mexico. The company
manufactures the plastic enclosures for computer monitors,
televisions and electronic keyboards.
Plastics Machining & Fabricating
|P: (847) 634-4347
F: (847) 634-4379
|P.O. BOX 1400