Quick Packaging News

Market Update & Summary April 29th, 2011: Spot resin market activity slowed a tad from the fervent pace seen during the first half of the month. Resin prices resumed their upward trek amid light spot offerings and still rising energy and feedstock costs. Polyethylene buyers are confirming a $.06/lb rise in April contracts while most PP buyers have endured a $.15/lb jump. Upward pressure remains as producers will seek to lift commodity resin prices again in May. Up, up and away…resin prices continue to rally with no apparent end in sight. The huge disparity between the price of Natural Gas and Crude Oil has had a significant impact on the market.

HYBRiD80™ Handwrap is the result of many months of development and field-testing. It's a stiff and tough film capable of replacing competitive products, which are significantly thicker. The inherent toughness of HYBRiD80™ Handwrap allows you to get higher holding force and better puncture properties than thicker obsolete stretch films.

Polyethylene prices were higher and availability has diminished. Resin producers finally secured part of the increase they have been pushing since December. With $.03/lb now achievedt, they are seeking in March the $.02/lb balance plus an extra $.06/lb that was already on the table. To add strength to this effort, a $.05/lb price increase has been issued for April. Trade Analyst March 2011

Put Your Plastic Scrap to Good Use If you have plastic scrap Quick Pak Inc, can help you put it to good use. Plastic scrap can be melted down or reground into pellets, which can then be reused in a variety of ways. This greatly reduces the amount of waste that is directed to the nations landfills and minimizes the impact on the environment. Most forms of plastic degrade extremely slowly, and introduce potentially hazardous chemicals into the environment when it does begin to break down. Finding a way to keep materials like plastic out of the waste stream is a critical step in protecting the earth and its environment. It also introduces a more cost effective means of creating and packaging new goods, as recycling plastic costs less than manufacturing brand new materials. Either way, recycling plastic makes good sense both financially and environmentally. The Revolution Minipak Baler by Quick Pak Inc makes clean and simple... see more

Extended Tax Incentives Provide Opportunity to Get More Value from 2011 Packaging Machinery Purchases Under Section 179, businesses spending less than $2,000,000 a year on qualified equipment may write off up to $500,000 in 2011. • 100% Bonus Depreciation on qualified equipment acquired and placed in service after September 8, 2010 thru December 31, 2011. • The $500,000 deduction phases out when a business purchases more than $2,000,000 in one year. • Companies cannot write off more than their taxable income. • Your new equipment must be placed in service by December 31, 2011. Create Your Own Tax Break in 2011...click here to read more Contact us and we can work together on creating a plan to suit your business needs. More info http://quickpakinc.com

Market Update & Summary Feb 11th, 2011: Polyethylene: trading was busy again; prices were slightly higher depending on grade. Availability was good with a number of suppliers looking to deal before month-end (January). There was also a fair amount of packaged resin offered in Houston warehouses. Demand was good and a number of deals came together at prices that were mostly steady for the month. Quick Pak Inc mike.cunningham@quickpakinc.com

The MiniPAK is a small hand operated baler for baling plastic, cardboard, paper, shredded paper. With a footprint of only 23" x 28" this machine produces bales of up to 44 Lbs of cardboard. Up to 75 Lbs of plastic film. The machine is suitable for Offices, Farms, Factories, Warehouses and distribution centers. Needing no power source the machine can be used anywhere and is ideal where space is limited or ceiling height is low. Special offer price of $1,750/EA. Wheel Set Option: $150/set.