June 3, 2014
It’s not uncommon to see Ohio polymer companies making news. The last couple of weeks are no exception! As a nation-wide polymer industry leader, Ohio has never been a state of polymer slackers. Recently, these stories were in the forefront of polymer industry news.
Ohio Polymer Companies Making News
Plastic Technologies Inc.
Plastic Technologies, Inc (PTI) of Holland, Ohio recently made news as they have formed technology partnerships with Faboha GmbH and Ferromatik Milacron GmbH, both of Germany. This new partnership will move PTI closer to commercializing their new Opti overmolded, lightweight foamed PET bottles, This technology is based on MuCell technology that was licensed from Trexel Inc. The new bottle design will provide new opportunities for labeling and recycling. Read the full story.
Processor of the Year Award
Plastic News (PN) is calling for entries for their annual Processor of the Year Award. This award honors a North American plastics processor for performance, corporate responsibility and overall excellence. The winner will be announced at the next Plastics News Executive Forum, February 3-7 in Las Vegas, Nevada. In 2013, two Ohio companies were awarded with PN Excellence awards. 20/20 Custom Molded Plastics Ltd was honored for industry and public service. DLH Industries Inc. was given the award for customer relations. Entries are due by September 21 and can be submitted by a company itself, or by an outside representative, such as a customer or supplier. Each company nominated must be a company that forms plastic parts. The entry form and more information is available online.
Global Cardiovascular Innovation Center
The Global Cardiovascular Innovation Center (GCIC) is responsible now for 18 new businesses in Ohio, an effort that has attracted $700M of follow-on financing. The GCIC incubator is currently home to 28 startups. While located at the Cleveland Clinic, GCIC works with economic development organizations, technology companies and universities to perform a match-making role for the companies in the incubator. Currently, two programs are making the news as they work on new medical technology. According to GCIC director of product development, Gene Jung, the polymer industry has a great opportunity to help advance medical devices. Through material science breakthroughs, companies continue to enable the development of better minimally invasive devices. The new device movement is toward less expensive products that also shorten recovery times and reduce mortality rates.
In a recent presentation at the Plastics in Medical Devices conference, Jung highlighted several key emerging technologies. Among them was an anti-fouling composite that reduces the chances of bacterial infection; a neuro-stimulation catheter that aides in drug delivery to heart patients; a ventricular assist device that is a very small circulatory heart pump; and a single-use catheter and filter to capture embolic debris. Two projects discussed at the conference related to a customized, patient-specific silicone airway stent and a cardioscope – a catheter that can show live images of a heart valve with it’s camera and light. The patient-specific silicone airway process includes using a CT scan of the patient’s airway and 3-D printing to make a patient-specific mold.
Phoenix Technologies International
Phoenix Technologies International recently sought and earned approval of the European Food Safety Authority for their recycled PET. The recycled PET, obtained from their manufacturing process results in extra small particles. Because of this, the rPET is not considered by the European Food Safety Authority to be a safety concern. Many of Phoenix’s customers are global brand owners selling products into the European marketplace, so the certification means that they can use rPET safely in place of virgin PET. The U.S. Food & Drug Administration and Health Canada have also given the company letters of no objection for rPET. This product is used to make containers and bottles for food, beverages, pharmaceuticals, shampoos, soaps and detergents. Phoenix Technologies is part of Holland-based PTI, and is based in Bowling Green, Ohio.
President’s “E” Award for Export
Sentry Protection Products, LLC, located in Lakewood, was recently honored with the President’s “E” Award for demonstrating a sustained increase in export sales throughout several years. A total of 65 companies received this honor, with 9 of them being plastics companies. Export efforts in the U.S. supported more than 11.3M jobs through the export of goods and services that totaled a record $2.3T, according to U.S. Secretary of Commerce Penny Pritzker.
Sentry Protection Products manufactures impact resistant and collision awareness equipment with commercial applications. Products include impact resistant plastic column protectors, collision warning systems, along with other warehouse protection products. Vitamix Corporation of Cleveland was the recipient of an “E” Star award during the ceremonies. NOSHOK, Inc. of Berea Ohio, manufacturer of bleed valves was an Ohio winner as well. Read about the other 8 plastics winners.