Monday, November 12, 2007

Rubber & Plastics industry review Q3-2007; RSM EquiCo Capital Markets

New Applications for Rubber and Plastic Spur Increased Demand

Rising Costs of RawMaterials Drive Rubber and Plastics Prices Higher Demand for rubber and plastic products has increased, particularly due to the trend of replacing metal parts in automobiles and aircrafts with rubber and plastic parts because of their low-weight components. The use of plastics in automobiles has increased more than twelve-fold since 1980 and continues to grow. Advanced plastics have a reputation for costing less than comparable metal parts without sacrificing performance. Higher continuous-use and heat-deflection temperatures, as well as good pressure-velocity, ratings have made new applications possible for resins. High-temperature, high performance plastics are replacing aluminum, brass, steel and other metals that had been historically employed by manufacturers. Read More.

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