3M, one of the largest, if not the largest, tape manufacturer in the world reported solid profits for the fourth quarter of 2011. They earned $1.08 billion ($1.49/share), up 16% from the same period in 2010. 3M is one of the manufacturers whose price increase letters we linked to in last week’s blog. The letter, […]
If you read my post yesterday, then perhaps you noted a bit of optimism. Hoping that a strong downturn in the cost of the raw materials used to make tape products would ease price pressures seemed like a bright light at the end of a year long tunnel. As a distributor of cloth tapes like […]
Futures trading activities in the three raw materials that provide the most important components in tape manufacturing have all seen significant downturns in the last week. Cotton pricing (cotton is the primary backing material for cloth tapes), Oil (major component of adhesives and vinyl tape backing), and rubber (primary adhesive component in tapes using natural […]
3M, the maker of the iconic Scotch brand of adhesive backed tapes is introducing a new green version of its “invisible tape. Scotch Magic Invisible Tape will now be offered in a version made of 75% recycled or renewable material and it will come in a refillable dispenser. 3M’s new version of this familiar product […]
There have been lots of technological advances since the invention of adhesive-backed tape in 1925. Click here to see how it’s done today. (Thank you , Discovery Channel) Allabouttape.com is your source for information about the adhesive tape industry.
Scapa, a British tape manufacturer who primarily serves the European market reports greater-than-expected profits. It seems odd to us at a time when all the tape manufacturers and raising prices and moaning about the cost of raw materials that this major tape maker would be beating analysts expectations and banking the cash! Click here for […]