International News

Engel leads injection machine exports to US

Injection molding machines imports in the United States have been growing since 2012 according to market observer Plastics Insight, although growth reported tapered off in 2016 when imports were roughly the same in terms of number of units. According to the Plastics Insight’s findings based on customs data, Engel shipped 951 injection machines to the US in 2016.
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Global stocks scale new record highs, dollar stuck

World stocks scaled fresh record highs on Friday after more data pointed to the strength of the world's largest economy, while the dollar was stuck near four-month lows ahead of crucial payroll numbers.
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Asian indexes hit multi-year highs as stocks climb on global optimism

Asian markets closed higher on Friday, tracking stateside gains after the Dow Jones industrial average hit a major milestone. Markets in the region traded at or around multi-year highs, with Japan's benchmark index touching a 26-year high and the Hang Seng Index earlier hitting a fresh decade-high.
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Korea’s Lotte gains ABS foothold in Indonesia; plans major additional investment

Korea’s Lotte Advanced Materials Co. is acquiring two indebted acrylonitrile-butadiene-styrene (ABS) resin manufacturers in Indonesia. The company has inked a deal to buy PT Arbe Styrindo and PT ABS Industri Indonesia, the only domestic producers of the resin in that country. The value of the deal has not been disclosed.
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