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The plastics industry manufactures polymer materials—commonly called plastics—and offers services in plastics important to a range of industries, including packaging, building and construction, electronics, aerospace, manufacturing and transportation.
In April 2018, Formosa Plastics and sister corporation Formosa Petrochemical Corporation announced a new US$9.4 billion chemical manufacturing complex, set to be located across a 2,400-acre site in St. James Parish, Louisiana.
The word plastic derives from the Ancient Greek πλαστικός (plastikos), meaning 'capable of being shaped or molded'; in turn, it is from πλαστός (plastos) meaning 'molded'. [10]
Sintex (formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd) is the world's largest producer of plastic water tanks [8] and Asia's largest manufacturer of corduroy fabrics.
An ABS 3D bell manufactured with a 3D printer. Engineering plastics [1] are a group of plastic materials that have better mechanical or thermal properties than the more widely used commodity plastics (such as polystyrene, polyvinyl chloride, polypropylene and polyethylene).
Almost all plastics can be formed into a thin film. Some of the primary ones are: Polyethylene – The most common plastic film is made of one of the varieties of polyethylene: low-density polyethylene, medium-density polyethylene, high-density polyethylene, or linear low-density polyethylene.
Demand for plastic resins in Europe during 2017 as a percentage of total plastic demand. [1] A comparison of standard plastics, engineering plastics, and high-performance plastics
In 2001, Asia Pulp & Paper (APP), the subsidiary of Sinar Mas, called a standstill on $14 billion worth of bonds and loans and stopped repaying its debt, including interest payments, in what is still the largest default to foreign investors in Asian market history. [5]