SIPA releases new rotary PET blow molder with compact design

SIPA, a manufacturer of stretch blow molding machines for the production of PET, PLA, OPP and multilayer bottles, has released a new rotary blow molder to their existing range.

The SFR 6 EVO, which can produce up to 13,800 bottles/hour, is the smallest version in its rotary range, with six blowing cavities.

he new compact model features a preform alignment system inside the machine and a vertical mold opening that ensures maximum simplicity of preform/bottle transfer wheels and the lowest peripheral speed in the market.

Handling of the preforms is performed by a technopolymer transport chain, with the neck up heating and with very simple and low speed movements.

The heating oven features great process flexibility and can be used to produce high quality containers as well as hot fill containers of various shapes.

The company said that the SFR 6 EVO can produce extremely lightweight and complex containers such as a 1-litre container, weighing only 16g utilizing preforms which determine a total stretch ratio of 18, producing a speed of 2,200bph per cavity.

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The London Metal Exchange (LME) Announces Delist Plastics Contracts

The London Metal Exchange (LME) announces that it will delist its plastics contracts and that the last prompt date for all existing contracts will be Friday 29th April 2011. The formal decision to delist was taken by the Board of the London Metal Exchange following a recommendation by the Executive Committee. This announcement follows the establishment of delisting procedures.

The Exchange has decided that the costs of withdrawing outstanding warrants from the LMEsword depository will be waived. Current open interest for all plastics contracts is 228 lots, out to March 2011.

Plastics futures trading was introduced on the LME on 27th May 2005. Despite a number of changes to the contracts and the subsequent launch of regional contracts no significant volume or open interest has been established and the exchange believes that this position is unlikely to change in the foreseeable future. It has therefore decided to focus its efforts and resources on other opportunities.

LME Chief Executive Martin Abbott commented, “The Exchange and its committee members have put considerable effort into this endeavour to bring transparency and hedging facilities to the plastic business. But we must now recognise that these efforts have not attracted sufficient volume business and the time has come to bring this activity to a close.”

London Metal Exchange

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