Plastics prices are soaring right now with a renewed conviction. Until recent years, plastics producers have been more focused on market share than margins. They paid a steep price for that approach, and some big names such as GE, have exited the business. Many are determined to recover every penny of the new, higher costs for hydrocarbons. Huntsman and PolyOne, for example, issued announcements they will hike prices up to 25 and 20 percent, respectively. Interestingly, many suppliers also want to end arrangements that protected big customers. In such cases, price hikes often were delayed for a quarter or longer. Look for companies like Dow Chemical to try to end those practices. Dow’s feedstock and energy bill for the first three months of 2008 was 42 percent higher than the year-earlier quarter.
How can automakers, aerospace contractors, and other OEMs get new metal alloys that are stronger, harder, and can survive ever higher temperatures? One way is to redesign their crystalline structures at the nanoscale and microscale.
Although a lot of the excitement about 3D printing and additive manufacturing surrounds its ability to make end-products and functional prototypes, some often ignored applications are the big improvements that can come by using it for tooling, jigs, and fixtures.
A fun and informative tour you can attend at the upcoming Design & Manufacturing Minneapolis, MD&M Minneapolis, and other events there, is the Materials Innovation Tour on Wednesday afternoon. I'll be leading it.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies.
You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived.
So if you can't attend live, attend at your convenience.