Industry NewsPlastics Machinery Shipments in the First Quarter Showed Year-on-Year GrowthMay 24, 2023 According to the Plastics Industry Association's Committee on Equipment Statistics (CES), shipments of primary plastics machinery (injection molding and extrusion) in North America declined in the fourth quarter. The preliminary estimate for the first quarter of 2023 showed a shipment value of $345.8 million, which was 20.1% lower than the previous quarter. However, compared to the same period last year, the value of shipments increased by 1.6%. |
-
Future Leaders
Marketing the Machinery that Puts Plastic into Action
May 25, 2023 Corey Gast, Marketing Manager at Graham Engineering, is proud to be part of an industry he believes will be integral to the future. -
Sustainability
Clean Up Champions Profile – Braskem
May 8, 2023 As we proved with our first installment in this blog series, PLASTICS’ Clean Up Champions initiative is revealing champions already in our midst. Today, we’re introducing you to another champion, one of the world’s largest plastics producers and leading producer of renewable plastics and chemicals focused on creating sustainable solutions—Braskem. -
Industry News
A Cross-border Conversation on Plastics Trade
May 3, 2023 PLASTICS' Chief Economist sat down with the President of Mexico’s plastics industry trade association to talk about plastics trade between the U.S. and Mexico. -
Future Leaders
Mining for Industry Insights
April 27, 2023 Emily Friedman is a markets editor, covering recycled plastics in the US/North American region for ICIS (Independent Commodity Intelligence Services), a group that helps businesses across the chemical, fertilizer and energy markets make strategic decisions, mitigate risk and capitalize on new opportunities. -
Industry News
On R&D First-Year Full Expensing—Why it Matters to the Plastics Industry and the Macroeconomy
April 12, 2023 As of January 1, 2022, businesses can no longer deduct research and development (R&D) costs in the same year they are incurred. Instead, R&D costs must be capitalized and amortized over time. There is a difference, however, in amortization depending on where the R&D expenses took place. With the recent change in R&D expensing, domestic R&D expenses must be capitalized and amortized over a five-year period. Foreign R&D, that is R&D expenses paid to a foreign contractor, must be amortized over 15 years. -
Advocacy
Clean Up Champions Profile - Dart Container
April 11, 2023 The first PLASTICS Clean Up Champion we’re featuring is already a veteran in the world environmental activity—Dart Container. They’re based in Mason, Michigan, but wherever the company has a presence, Dart employees can be found participating in local efforts to keep their communities clean and environmentally healthy.