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Society Of The Plastics Industry
Founded in 1937, the Society of the Plastics Industry, Inc. was a professional society representing individuals in the plastics industry. In 2010, the organization began doing business as SPI: The Plastics Industry Trade Association, before changing its name to the Plastics Industry Association (PLASTICS). PLASTICS members represent the entire plastics industry supply chain in the U.S., including processors, machinery and equipment manufacturers, raw materials suppliers, recyclers and brand owners. Activities The organization produces the triennial global trade showbr>NPE one of the world's largest plastics industry events. PLASTICS also publishes statistical reports on the U.S. plastics industry, including: * ''The Size and Impact of the Plastics Industry on the U.S. Economy'' and * ''Global Business Trends.'' PLASTICS' Committee on Equipment Statistics also produces annual and quarterly reports on shipments in plastics manufacturing machinery. As the Society of the Plastic ...
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Plastics Industry Association (PLASTICS)
The Plastics Industry Association, abbreviated as PLASTICS, is a trade association representing the plastics industry. Founded in 1937 as the Society of the Plastics Industry, Inc., the organization rebranded as the Plastics Industry Association, and PLASTICS for short, in 2016. Membership Membership in PLASTICS is divided into four different industry councils, each one representing a different segment of the plastics industry: * Materials Suppliers * Processors * Equipment Manufacturers and Moldmakers * Brand Owners The organization also hosts international plastics showcase NPE, among largest triennial trade show A trade fair, also known as trade show, trade exhibition, or trade exposition, is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products and services, meet with industry partners and cu ... for the global plastics industry. References External links * {{Official website, www.plasticsindustry.org ...
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Plastics Industry
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, and transportation. It is part of the chemical industry. In addition, as mineral oil is the major constituent of plastics, it therefore forms part of the petrochemical industry. Besides plastics production, plastics engineering is an important part of the industrial sector. The latter field is dominated by engineering plastic as raw material because of its better mechanical and thermal properties than the more widely used commodity plastics. Companies Markets According to PlasticsEurope, the top three markets for plastics are packaging, building and construction, and automotive. Production Plastics production has been growing globally. The numbers include thermoplastics and polyurethanes, as well as thermosets, adhesives, coatings and sealants and PP-fibe ...
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Supply Chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and delivering the same to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. Overview A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the ...
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Trade Show
A trade fair, also known as trade show, trade exhibition, or trade exposition, is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products and services, meet with industry partners and customers, study activities of rivals, and examine recent market trends and opportunities. In contrast to consumer fairs, only some trade fairs are open to the public, while others can only be attended by company representatives (members of the trade, e.g. professionals) and members of the press, therefore trade shows are classified as either "public" or "trade only". A few fairs are hybrids of the two; one example is the Frankfurt Book Fair, which is trade only for its first three days and open to the general public on its final two days. They are held on a continuing basis in virtually all markets and normally attract companies from around the globe. For example, in the U.S., there are currently over 10,000 trade shows held every year, an ...
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Resin Identification Code
The ASTM International Resin Identification Coding System, often abbreviated RIC, is a set of symbols appearing on plastic products that identify the plastic resin out of which the product is made. It was developed in 1988 by the Society of the Plastics Industry (now the Plastics Industry Association) in the United States, but since 2008 it has been administered by ASTM International, an international standards organization. History The US Society of the Plastics Industry (SPI) first introduced the system in 1988 as the "Voluntary Plastic Container Coding System". The SPI stated that one purpose of the original SPI code was to "Provide a consistent national system to facilitate recycling of post-consumer plastics." The system has been adopted by a growing number of communities implementing recycling programs, as a tool to assist in sorting plastics. In order to deal with the concerns of recyclers across the U.S., the RIC system was designed to make it easier for workers in mate ...
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ASTM International
ASTM International, formerly known as American Society for Testing and Materials, is an international standards organization that develops and publishes voluntary consensus technical standards for a wide range of materials, products, systems, and services. Some 12,575 ASTM voluntary consensus standards operate globally. The organization's headquarters is in West Conshohocken, Pennsylvania, about northwest of Philadelphia. It is founded in 1902 as the American Section of the International Association for Testing Materials (see also International Organization for Standardization). History A group of scientists and engineers, led by Charles Dudley, formed ASTM in 1898 to address the frequent rail breaks affecting the fast-growing railroad industry. The group developed a standard for the steel used to fabricate rails. Originally called the "American Society for Testing Materials" in 1902, it became the "American Society for Testing And Materials" in 1961. In 2001, ASTM official ...
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Synthetic Resin
Synthetic resins are industrially produced resins, typically viscous substances that convert into rigid polymers by the process of curing. In order to undergo curing, resins typically contain reactive end groups, such as acrylates or epoxides. Some synthetic resins have properties similar to natural plant resins, but many do not. Synthetic resins are of several classes. Some are manufactured by esterification of organic compounds. Some are thermosetting plastics in which the term "resin" is loosely applied to the reactant(s), the product, or both. "Resin" may be applied to one of two monomers in a copolymer, the other being called a "hardener", as in epoxy resins. For thermosetting plastics that require only one monomer, the monomer compound is the "resin". For example, liquid methyl methacrylate is often called the "resin" or "casting resin" while in the liquid state, before it polymerizes and "sets". After setting, the resulting poly(methyl methacrylate) (PMMA) is often renam ...
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Plastic Recycling
Plastic recycling is the reprocessing of plastic waste into new products. When performed correctly, this can reduce dependence on landfill, conserve resources and protect the environment from plastic pollution and greenhouse gas emissions. Although recycling rates are increasing, they lag behind those of other recoverable materials, such as aluminium, glass and paper. Since the beginning of plastic production in the 20th century, until 2015, the world has produced some 6.3 billion tonnes of plastic waste, only 9% of which has been recycled, and only ~1% has been recycled more than once. Additionally, 12% was incinerated and the remaining 79% disposed of to landfill or to the environment including the sea. Recycling is necessary because almost all plastic is non-biodegradable and thus builds-up in the environment, where it can cause harm. For example, approximately 8 million tons of waste plastic enter the Earth's oceans every year, causing damage to the aquatic ecosystem and ...
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Recycling Organizations
Recycling is the process of converting waste materials into new materials and objects. The recovery of energy from waste materials is often included in this concept. The recyclability of a material depends on its ability to reacquire the properties it had in its original state. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions. It can also prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, reducing energy use, air pollution (from incineration) and water pollution (from landfilling). Recycling is a key component of modern waste reduction and is the third component of the " Reduce, Reuse, and Recycle" waste hierarchy. It promotes environmental sustainability by removing raw material input and redirecting waste output in the economic system. There are some ISO standards related to recycling, such as ISO 15270:2008 for plastics waste and ISO 14001:2015 for enviro ...
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Plastics Industry Organizations
Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptability, plus a wide range of other properties, such as being lightweight, durable, flexible, and inexpensive to produce, has led to its widespread use. Plastics typically are made through human industrial systems. Most modern plastics are derived from fossil fuel-based chemicals like natural gas or petroleum; however, recent industrial methods use variants made from renewable materials, such as corn or cotton derivatives. 9.2 billion tonnes of plastic are estimated to have been made between 1950 and 2017. More than half this plastic has been produced since 2004. In 2020, 400 million tonnes of plastic were produced. If global trends on plastic demand continue, it is estimated that by 2050 annual global plastic production will reach over 1,10 ...
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Trade Associations Based In The United States
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ...
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