The new face of the North American plastics industry is emerging as companies that are focused on plastics. One of the first large companies to divest its plastics portfolio was Monsanto back in 1997 when Solutia was created. Monsanto made a decision to focus on agricultural biotechnology. Solutia filed for bankruptcy in 2003 in the midst of a major manufacturing slowdown and emerged from bankruptcy early this year. The company believes it is now stronger and more competitive than at any time in its history, hopefully setting a positive tone for other plastics orphans. Solutia posted a first quarter profit of $1.4 billion, compared to a loss of $8 million for the same quarter in 2007 because of reorganization gains. Revenues were up 40 percent. What’s important from a design engineering perspective is that Solutia, a major nylon producer, is developing new products and expanding capacity. Vydyne GW350 was announced in April and is said to offer superior toughness and elongation. Solutia is also increasing nylon 66 capacity by 140,000 metric tons. Solutia’s plant in Pensacola, FL is the world’s largest integrated nylon manufacturing facility. Solutia operates five nylon-making plants in the U.S., while its sales to Asia are growing rapidly.
Several major companies have divested part or all of their plastics portfolios in recent years, ranging from GE Plastics and Dow to Bayer. When the spin-offs become standalone companies, such as Solutia, they may face trouble raising capital in tough credit markets, such as the one we face in 2008. In fact, Solutia had to file suit against three banks that had balked at providing the company with capital needed to exit bankruptcy. Solutia needed the funds for operations and won the lawsuit.
It’s important for companies like Solutia to survive and thrive, particularly when they are producing products with a limited supply base.
Last week, the bill for reforming chemical regulation, the TSCA Modernization Act of 2015, passed the House. If it or a similar bill becomes law, the effects on cost and availability of adhesives and plastics incorporating these substances are not yet clear.
The latest crop of coating and sealant materials and devices has impressive credentials. Many are designed for tough environments with broad operating temperature ranges, and they often cure faster, require fewer process steps, and produce less waste.
A new program has been proposed for testing and certify 3D printing filaments for emissions safety. To engineers who've used 3D printers at home this is a no-brainer. It's from a consumer on Kickstarter, and targets use in homes and schools.
For the last 50 years, the Metal Powder Industries Federation (MPIF) has sponsored an awards competition for creative solutions to designing and fabricating near-net-shape parts using powder metal (PM) technologies. Here are the seven Grand Prize winners of the 2015 contest.
Graphene 3D Lab has added graphene to 3DP PLA filament to strengthen the material and add conductivity to prints made with it. The material can be used to 3D print conductive traces embedded in 3D-printed parts for electronics, as well as capacitive touch sensors.
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