Press Releases
7 September 2022
Parallaxes Capital Management , the premier investment firm focused exclusively on monetizing Tax Receivable Agreements ("TRAs"), is pleased to highlight a notable development in the market as Graham Packaging Company, Inc. ("Graham Packaging") previously terminated its TRA. Graham Packaging had disclosed that, after its acquisition by Reynolds Group Holdings Limited ("Reynolds"), Reynolds made an aggregate cash payment of $245 million pursuant to
Read more...Footprint, a global materials science technology company focused on creating a healthier planet through design, development and advanced manufacturing of plant-based biodegradable, compostable and recyclable solutions to replace single- and short-term use plastics, and Gores Holdings VIII, Inc. (“Gores Holdings VIII”) (Nasdaq: GIIXU, GIIX and GIIXW), today announced strategic amendments to the terms of their previously announced definitive merger agreement (the “Merger Agree
Read more...1 September 2022
Advanced Drainage Systems, Inc., a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries and the largest plastic recycler in North America, today announced plans to invest a total of approximately $65 million in Hilliard, Ohio, near the company's existing headquarters. This investment will fund the development of a nearly 110,000-square-foot industry-leading Engineering & Technology Center. "The ADS Engineeri
Read more...PEARL RIVER HOLDINGS LIMITED is pleased to announce that the termination date for Pearl River’s joint venture, Guangzhou Rodman Plastics Company Limited (“GRPC”), which was established in the People’s Republic of China, has been removed pursuant to amended Articles of Association under laws of People’s Republic of China dated August 29 2022, and a revised joint venture agreement dated August 29, 2022 between Pearl River’s indirect wholly owned su
Read more...BASF and Sulzer Chemtech sign Memorandum of Understanding to collaborate in sustainable technologies
26 August 2022
BASF and Sulzer Chemtech have signed a Memorandum of Understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of
Read more...25 August 2022
Harrington Industrial Plastics (“Harrington”) is pleased to announce the acquisition of Crist Group (“Crist”), in partnership with the company’s owner, Paul Crist. Headquartered in Woodland, CA, Crist is a leading specialty fabricator of critical fluid process components and assemblies with a focus on the semiconductor end market and applications in other markets including medical. Crist’s highly technical fabrication capabilities include infrared fusion we
Read more...25 August 2022
Asahi Kasei, a diversified Japanese multinational company, will present its newest concept car AKXY2 for the first time in Europe at K 2022 from October 19-26 in Düsseldorf, Germany (Hall 8a, Booth E23). Utilizing a broad variety of materials and technologies, the vehicle showcases the company’s cross-divisional expertise throughout the entire value chain. Other highlights at this year’s booth will be innovative particle foams, bio-based filler materials and sustainable engin
Read more...24 August 2022
Harrington Industrial Plastics is pleased to announce the acquisition of Crist Group (“Crist”), in partnership with the company’s owner, Paul Crist. Headquartered in Woodland, CA, Crist is a leading specialty fabricator of critical fluid process components and assemblies with a focus on the semiconductor end market and applications in other markets including medical. Crist’s highly technical fabrication capabilities include infrared fusion welding, hot gas welding, ult
Read more...23 August 2022
Flow Beverage Corp. today announced that it has signed a distribution agreement with Primo Water Corporation (“Primo”), whereby Flow Alkaline Spring Water will become available to over 1.8 million subscription customers across Primo’s consumer distribution network in the United States. Sales across Primo’s platform will begin in August 2022. Primo is a leading water solutions provider offering water direct delivery to home and office, water exchange, water re
Read more...The "The Global Market for Bioplastics in Packaging 2023-2033" report has been added to ResearchAndMarkets.com's offering. The Global Market for Bioplastics in Packaging 2023-2033 provides an in-depth analysis of the current market, future outlook and growth opportunities in sectors such as food, drink, food-service and other packaging sectors. The packaging market is the main end use sector for biopolymers, with increased demand for sustainability from packa
Read more...19 August 2022
Bridgestone Americas (Bridgestone) announced its Firestone Polymer Engineering Pilot Center (PEPC) in Akron, Ohio, has earned the International Sustainability and Carbon Certification (ISCC) PLUS recognition for its transparency and traceability of sustainable raw materials including bio, bio-circular and circular-based material to replace synthetic rubber in its transition to a circular economy. "Transparency and traceability are core elements to the success of our company'
Read more...According to the latest report published by Research Dive, the global conductive polymer market is predicted to rise at a tremendous CAGR of 7.7%, thereby garnering a revenue of $7,118.5 million in the 2020-2027 timeframe. This integrated report presents a brief outlook of the current framework of the conductive polymer market including its cardinal features like growth drivers, growth opportunities, restraints, and hindrances during the forecast timeframe of 2020-2027. All the necessary mark
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