Plastech News

America is facing a crisis over its crumbling water infrastructure, and fixing it will be a monumental and expensive task. Two powerful industries, plastic and iron, are locked in a lobbying war over the estimated $300 billion that local governments will spend on water and sewer pipes over the next decade. It is a battle of titans, raging just inches beneath our feet. “Things are moving so fast,” said Reese Tisdale, president of water advisory firm Bluefield Research. And it’s a good thing, he says: “There are some pipes in the ground that are 150 years old.” How the pipe wars play out — in Pittsburgh and countless other municipalities — will determine how drinking water is delivered to homes across the United States for generations to come. Traditional materials like iron or steel make up almost two-thirds of existing municipal water pipe infrastructure. But over the next decade, as much as 80 percent of new municipal investment in water pipes could be spent on plastic pipe...

Jain Irrigations announced of receiving an order of $24 Million, in a filing made to BSE on Wednesday. The company titled as NaanDaan Jain Mexico is a subsidiary of Jain Irrigation Systems. The company has been awarded two contracts in Honduras. The overall value of these two contracts is US $ 23.77 million. As per the filing, the company will design, supply, install and commission the plastic pipe networks during the next 2.5 years. At least 6,000 farmers are expected to benefit from this project. The contracts were awarded by Ministry of Agriculture in Honduras. These projects would serve as models for Central American regions, and would align the company’s concept of “Resource to Root”. Jain Irrigations operates with more than 10,500+ associates, with manufacturing plants in 30 locations across the globe, and revenue of $1 Billion.  Jain Irrigation Systems Ltd ended at Rs 95.55, up by Rs 0.15 or 0.16% from its previous closing of Rs 95.4 on the BSE. The scrip opened at...

Prince Pipes and Fittings Ltd, a maker of PVC pipes for plumbing, irrigation and sewage works, has received regulatory approval for an initial public offering (IPO). Prince Pipes received approval from the Securities and Exchange Board of India on 3 November, taking the tally of companies that have received regulatory approvals for IPOs in 2017 to 39. Mumbai-based Price Pipes had  filed its draft  red herring prospectus on 27 September. The IPO size is Rs 700 crore ($106.5 million), according to the prospectus. The company will issue fresh shares worth Rs 500 crore and its promoters will sell shares worth Rs 200 crore. Prince Pipes joins a clutch of companies looking to go public to benefit from the stock market boom in India this year. The company will join listed peers Astral Poly Technik, Jain Irrigation Systems and Finolex Industries on the bourses. Jain Irrigation has gained roughly 25% this year while Astral Poly has jumped 92% and Finolex has climbed about...

DALLAS ,  June 20, 2017  /PRNewswire/ -- The Uni-Bell PVC Pipe Association (PVCPA), which represents U.S. and Canadian manufacturers of PVC pipe, announced the completion of the first comprehensive environmental and performance review of water and sewer pipes in  North America . The study used life cycle assessment methodology to evaluate the cradle-to-grave sustainability of commonly used drinking water and sewer pipe materials, including polyvinylchloride (PVC), concrete, ductile iron, and high density polyethylene pipes over a 100-year service period. Sustainable Solutions Corporation (SSC), a sustainability consulting firm, was hired by PVCPA to conduct the study. SSC's engineers used the ISO 14040 series life cycle assessment (LCA) standards from the International Organization for Standardization (ISO) to evaluate PVC pipe's environmental footprint. The peer­-reviewed report also examines other pipe products based on durability, performance and environmental ...

When the founders of plastic pipe maker Ipex Group of Cos. came to Canada from then-Soviet occupied Estonia in 1949, they started manufacturing hula-hoops. Now they want to avoid getting hooped by cross-border trade restrictions. "The founders made their first million dollars within three years of coming to Canada, but they figured it might be a fad," says Veso Sobot, engineer and director of corporate affairs for the Mississauga-headquartered Ipex Management Inc. "So they straightened out the hoops and started making pipe." Today, Ipex has 18 plants in Canada and seven in the United States. "We supply the North American market with pipe for construction," Mr. Sobot says. Ipex makes thermoplastic pipe used in infrastructure for plumbing in buildings, factories and municipal water systems. "There's a lot of opportunity for supplying the infrastructure market in both Canada and the United States, and we've been doing so for 67 ...

PORTLAND, Oregon and PUNE, India, Mar 28, 2017 (PR Newswire Europe via COMTEX) -- PORTLAND, Oregon and PUNE, India, March 28, 2017 /PRNewswire/ -- PVC Pipe Marketreport, published by Allied Market Research, is expected to reach $85,565 million by 2022, growing at a CAGR of 7.9% from 2016 to 2022. Unplasticized PVC pipe segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. China held the leading position in the global market in 2015,and is expected to maintain its lead in the future. Summary of the ReportPVC Pipe Marketcan be accessed on thewebsite at: https://www.alliedmarketresearch.com/pvc-pipes-market The PVC pipe market is in its maturity stage. In this industry, most of the players focusto consolidate their market position through strategic expansions and product launches. Major factors that drive the demand for PVC pipe includerisein demand from irrigation & construction industries, growth in focus...

New Delhi —  The Chinese manufacturer of Bole-brand injection molding machines has opened a manufacturing plant in Ahmedabad, India. Zhejiang, China-based Ningbo Shuangma Machinery Industry Co. Ltd. opened a leased factory in June under a new independent subsidiary, Shuangma Machinery India Pvt. Ltd. "We have already commenced production of injection molding presses ranging from 70 to 900 tons at the Gujarat plant," said Ken Cheng, general manager of the subsidiary, in an interview at the Plastasia 2017 trade show in New Delhi. Bole plans to build its own factory in Gujarat in the next couple of years. "Initially, our target is to manufacture 20 presses each month," Cheng said. Bole has ambitious plans to invest $100 million in the India venture over the next four years. "This is considered as one of the first big-ticket foreign direct investments in the plastic processing industry from China, and our target is to take production to up to 1,000 pr...

Solvay SA is expanding its global production capacity in sulfone polymers through building a new production plant in India and expanding capacity in the United States. The investments follow Belgian chemicals producer’s announcement last year that it would increase its sulfone polymer capacity by more than 35% in the next five years. The move, said Solvay, is to meet the “significant” demand growth from mainly the medical and water treatment industries for this high-performance thermoplastic material. The investment size was not disclosed. According to Solvay, the new India plant will be dedicated to polyethersulfone (PESU) in Panoli, India. Construction of the plant, said the Brussels-based chemical group, is underway  and production should reach full capacity mid-2019. The company is also investing in capacity expansion and process optimisation at its US polymer and monomer units in Marietta, Ohio, and Augusta, Ga. "Solvay's expansion firms up our leadi...

Leoni invests 10 million euros to expand India plant Leoni Cable Solutions India Pvt. Ltd. is investing 10 million euros ($11.6 million) for additional capacity at its plant in Pune, India. The Nuremberg, Germany-based manufacturer produces a wide range of cables and cable systems for the automotive sector and other industries. The company is adding electron beam cross-linking technology in Pune, in line with India's growing infrastructure requirements. It now has capacity to produce more than 80,000 kilometers of e-beam cables a year, to be used in India's railway and solar markets. The e-beam process makes cables dimensionally more stable when subjected to heat, more resistant to chemicals, solvents and temperature fluctuation as well as harder and more resistant to abrasion. "The investment will contribute to the growth of Leoni's business in India besides providing superior solutions for India's rising needs under the government's 'Mak...