Press Releases

PureCycle Technologies, Inc. (Nasdaq: PCT) and the Orlando Magic are teaming up to divert thousands of pieces of plastic waste from being landfilled or flowing into Central Florida waterways. The Orlando Magic are the first NBA team to implement PureCycle's PureZero™ waste program. PureZero is a first-of-its-kind plastic waste recycling program geared toward stadiums and entertainment venues. "With the adoption of our PureZero™ Program, the Amway Center can help cl

Blaige & Company announced today the sale of Packright Manufacturing Limited ("Packright" or the "Company"), to CKF Incorporated ("CKF"), a Scotia Investments Family of Companies ("SIL") portfolio company. Blaige was the exclusive advisor to the seller. Terms of the transaction were not disclosed. Packright Manufacturing Limited, founded in 2003 and based in Langley (Vanco

With an intent to transform the antiquated laundry detergent aisle and reduce emissions as well as plastic and water waste, leading household products company and green products pioneer Seventh Generation announced today a commitment to phase out all large format liquid laundry detergent bottles from its product lineup by 2030 and transition all laundry products to concentrated formats. "When you walk down the laundry detergent aisle it's evident that it's riddled with unn

P&M Corporate Finance is pleased to announce that it served as the exclusive financial advisor to Enviroplas, LLC on its merger with Aurora Plastics, LLC , a portfolio company of Nautic Partners.  Aurora Plastics is a leading manufacturer of polymer compounds, and Enviroplas is an engineering compounding business with more than 30 years of growth history. Sharing a commitment to being their customers' first choice, Aurora Plastics and Enviroplas can now offer custo

Smile Compostable Solutions® won the compostability category for the first-ever U.S. Plastics Pact Sustainable Packaging Innovation Award. The award showcases companies that are eliminating problematic and unnecessary plastic packaging while taking actions to ensure that 100% of plastic packaging is reusable, recyclable or compostable by 2025. Smile is recognized as a business making strides to advance sustainable packaging solutions that contribute to a circular economy. Smile

Today, Protein Evolution, Inc. (PEI) launched out of stealth, unveiling groundbreaking technology that transforms textile and mixed-plastic waste into an infinitely reusable resource, helping the chemicals industry transition to a lower-carbon, circular economy. Leveraging recent breakthroughs in natural science and artificial intelligence, the company designs enzymes to break down end-of-life textile and plastic waste into the building blocks that make up new textile and plastic pr

More than 90 companies joined Cleantech Open's 2022 accelerator program, 77 participated in regional competitions across the US, and 18 finalists progressed to compete at the national level at the Global Forum, hosted at VERGE22 in San Jose, California on October 25-27, 2022.  Renegade Plastics was named the US National Winner of Cleantech Open's 2022 CTO Global Forum for commercializing a novel non-toxic and recyclable polypropylene fabric that can replace unsustainable PVC fabr

The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the fourth quarter of 2022. The dividend will be paid on December 15, 2022, to stockholders of record as of the close of business on November 15, 2022. A

Duro, a Novolex brand, has earned the Biodegradable Products Institute (BPI) certification for numerous products in its Dubl Life® line of paper bags and sacks. The products are among the first on the market to receive this leading certification, further expanding the portfolio of certified compostable products offered by Novolex. In another first, the bags will also feature the How2Compost® and How2Recycle® labels, which inform consumers of how to dispose of the packagi

CRDC Global, with support from the Alliance to End Plastic Waste (Alliance), today announced the opening of a new factory capable of converting difficult-to-recycle plastic waste into an innovative new concrete additive called RESIN8™. The facility, the first in the US and the second of its kind in the world, uses a proven and propriety process to transform York's unwanted plastic waste into RESIN8 at a rate of approximately one ton of plastic per hour. City of York Mayor

Green-tech start-up Melodea, Ltd., producer of sustainable barrier coatings for packaging, announces plans to expand its eco-friendly solution to the U.S. market. The move is set to support increased production capacity of its novel, plastic-free, plant-based barrier coatings to serve the burgeoning U.S. and South American markets. Melodea will showcase its portfolio of products at the PackExpo exhibition in Chicago on October 23-26th, Booth #27075. One of the greatest strains on th

Creating a circular economy is an essential sustainability target for stakeholders across the plastic value chain. Conventional mechanical recycling methods are necessary, but given the inferior product properties, this downcycling will only go so far; this is where chemical recycling and dissolution processes enter the picture. Chemical recycling attracts both notable critics and strong supporters, but the commercial momentum is building. IDTechEx has launched a new market report providing a