Press Releases
Trinseo, a specialty materials solution provider, announced that it has been working with CEDAP, an expert in plastic film extrusion and thermoforming, to provide food contact compliant recycled polystyrene (rPS) for the yogurt cups of the French brand Les 300 Laitiers Bio since April 2022. The brand is a holding of Eurial Ultra-Frais, the European agricultural cooperative. The material used for the application is Trinseo’s STYRON™ CO2RE™ CR55 Polystyrene Resin tha
Read more...Specialty chemicals company LANXESS has completed the acquisition of the microbial control business unit of the U.S. group International Flavors & Fragrances Inc. (IFF). With the closing of the transaction which was announced in August 2021, LANXESS has become one of the world’s largest suppliers of microbial control products. The specialty chemicals company is significantly increasing its portfolio of antimicrobial active ingredients and formulations for material protecti
Read more...To help advance their commitment of achieving 100% packaging that can be recycled, repurposed, or reused, McCormick is joining with packaging and plastics industry leader, Berry Global (NYSE: BERY). The collaboration leverages Berry's expertise and access to mechanically recycled polyethylene terephthalate (rPET). The new McCormick Assorted and Neon Food Color bottles are made from 100% post-consumer recycled (PCR) plastic and will begin appearing on shelves across North America this mont
Read more...7 July 2022
Carbios , a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers, has signed an agreement with On, Patagonia, PUMA, and Salomon, to develop solutions that will enhance the recyclability and circularity of their products. An important element of the two-year deal will be to speed up the introduction of Carbios’ unique biorecycling technology, which constitutes a breakthrough for the textile industry. Carbios and the four
Read more...6 July 2022
One of the major environmental issues facing the planet today is the rising levels of plastic consumption and waste. According to a recent OECD study, the world produced 460 million tonnes (Mt) of plastics in 2019 and consumption will continue to rise despite an expected increase in recycling technologies deployment. As carbon dioxide (CO2) emissions also soar, the emerging carbon capture and utilization (CCU) industry propose a solution for both issues: creating lower-carbon, degra
Read more...Reportlinker.com announces the release of the report "Recycled Plastics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Source, and Application" - https://www.reportlinker.com/p06289933/?utm_source=GNW Increasing plastic waste in the environment developed the focus of manufacturers to shift in the production of recycled plastics, which are highly used in various industries. An increase in automotive production will create lucrative opportuniti
Read more...1 July 2022
Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, is pleased to announce the promotion of three team members. They include: Danny Puran to Operations and Technology Manager, Polycast of the Stamford, Connecticut location; Jason Thomas to Plant Manager of the Greenville, Ohio location; and Todd Chastain to Converting Operations Manager of the Crawfordsville, Indiana location. "Danny, Jason, and Todd are all talented individuals who are
Read more...30 June 2022
Today, in recognition of the upcoming Independence Day holiday that results in the 'dirtiest beach day of the year' on July 5th, the Surfrider Foundation has released its annual 2021 Beach Cleanup Report. Data collected from the organization's national Beach Cleanup program reveals that in 2021, 84% of all items removed from U.S. beaches, including the top 10 most commonly found pieces of trash, were made of plastic. The report also highlights regional updates and solutions to hel
Read more...As per thorough industry analysis by Fact.MR, a market research and competitive intelligence provider, the global high temperature plastics (HTP) market is anticipated to rise at a CAGR of 5.8% from 2022 to 2032. Plastics are known to be a type of organic polymer with a high molecular mass and a tendency to contain additional materials. Polyimides are high-performance plastics with excellent thermal and electrical resistance and high strength. They are commonly used in the automotiv
Read more...PureCycle Technologies, Inc. and the Jacksonville Jaguars are teaming up to help divert over half a million pieces of plastic waste at TIAA Bank Field from being landfilled or flowing into waterways. The Jacksonville Jaguars are the first professional sports team in Florida to implement PureCycle's PureZero TM waste program, a first-of-its-kind plastic waste program geared toward stadiums and entertainment venues. Through this partnership, PureCycle becomes the Proud Plastic Recycl
Read more...Fathom Digital Manufacturing Corp., an industry leader in on-demand digital manufacturing services, today announced it is set to join the broad-market Russell 3000® Index and the small-cap Russell 2000® Index at the conclusion of the Russell indexes annual reconstitution, effective after the market opens on June 27, 2022, according to a preliminary list of additions posted by FTSE Russell. Annual Russell indexes reconstitution captures the 4,000 largest US stocks, ranking th
Read more...COMSovereign Holding Corp., a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions today announced that it has completed the sale of its Sovereign Plastics business unit for total consideration of $2 million. The sale of Sovereign Plastics is part of a series of strategic actions intended to monetize the Company's non-telecom-related assets and reduce operating expenses. "We are pleased to have completed the sale of Sovereign Plastics
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