Iran Foreign Debts Come Down 7%
According to a report published by Financial Tribune; Iran’s overseas debts have reduced from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019), indicating a 7% decline. According to the latest report of the Central Bank of […]
Kohlberg takes ownership of packaging manufacturer
US rigid packaging producer Nelipak has been acquired by private equity group Kohlberg & Company. The manufacturer will continue to operate under the name of Nelipak Healthcare Packaging. Nelipak, which has been under the ownership of US investor group Mason Wells for the past six years, manufactures custom thermoformed packaging for healthcare products, such as medical […]
Austrian Machinery Maker Furthers Industry 4.0 Development!
Plastics machinery manufacturer ENGEL has opened a new technology centre, called “Innovation at Heart”, at its headquarters site in Schwertberg. With a pilot plant for vertical integration in injection moulding, the company will be able to support its customers more comprehensively on the path to implementing the smart factory concept, said CEO Stefan Engleder. The centre […]
McDonalds Use of Plastics in Dessert Packaging
In its effort to reduce plastics and packaging waste, McDonalds Deutschland is planning broader measures than legally required by the European single-use plastics directive see (K Portal Source). This includes the McFlurry ice cream being served without plastic covers and plastic spoons Germany-wide as of 2020. The fast food chain will instead offer what it calls more […]
First Fully Integrated Electric Axle Drive Goes Into Production
Hanover, July 7th 2019, in the run-up to the Impact Auto Auctions 2019 (IAA) in Frankfurt (Sept. 2019), technology company Continental will be presenting numerous innovations that reflect the three major trends of the industry summit, all under the tagline of “Mobility is the Heartbeat of Life.” “Zero accidents, zero emissions and zero stress thanks to […]
The PET Material Price Jump And The Declining Of All HDPE Grades
Last week on June 30th the PDID Office of NPC didn’t announce any new base prices for polymers (Click Here) and kept the prices valid for last week (June 30th-July 6th) as well. However the recession continued in polymer market of Iran. To have more updated market information for our subscribers, we started an experimental […]
Making Artificial Polymer Blood Vessel by Using Composite Nanoparticles
Researchers at the Islamic Azad University of Khomeinishahr (IAUKHSH) built an polymer artificial vessel by using nanoparticles. According to the Plastic Industry Magazine, a new generation of artificial vessels was developed using bionicaminotic materials at Islamic Azad University of Khomeinishahr. Designer and constructor of nanocomposite blood vessels, describing the new achievements of researchers in the field […]
Iran, Pakistan Sign MoU to Broaden Economic Ties
Iran’s minister of Industry, Mine and Trade ( ITM Ministry) signs cooperation document with Pakistani officials to ease trade barriers so Tehran and Islamabad reach their target of 5 billion dollars in their annual trade volume. Based on a news published by Iran Chamber of Commerce, Industries, Mines and Aqriculture; Iran and Pakistan on Friday signed a […]
Today Polymers' Trade Volume and Prices In Iran
With no objection to todays’s polymer trades at the free and official market, PIMI is publishung both price tables. Type Grade Producer Price (Rls.) ABS 10415 Tabriz Petrochemical 217000 ABS ABS150 Tabriz Petrochemical 173000 ABS Absn50 Tabriz Petrochemical 193500 Gpps GPPS 1540 Tabriz Petrochemical 126500 Gpps TJPS-G1551 Takhte Jamshid Petrochemical 125500 HDPE Blown 0035 Bandar […]
