Press Releases

INDEVCO Plastics, a member of INDEVCO North America Plastics Division, is now operating in its 100,000 square-foot greenfield plant on Prosperity Drive in Orangeburg, South Carolina. Construction of the flexible packaging facility began in 2021 in Orangeburg County Industrial Park and houses manufacturing, warehousing, offices, and laboratory space.  “Our plant in Orangeburg further cements the commitment of our Board of Directors and owners to grow INDEVCO Plastics in No

Together with an ecosystem of partners the non-profit H&M Foundation launched a first of its kind USD 11 million initiative in 2020, to address the gaps in the system that keep Bengaluru waste pickers in poverty and exclusion. Now, plastic waste collected by informal waste pickers is becoming a valued resource in the fashion and textile industry, providing a higher income and recognition as an integral part of the circular value chain. Buttons partly made from the plastic waste are now fe

BASF has calculated the individual product carbon footprints (PCF) of a large part of its portfolio of chemical intermediates1. The results were compared with assessments of market-wide average carbon footprints of the corresponding products of third parties2. The outcome of the analysis shows that due to the production set-up the PCF of a range of BASF’s chemical intermediates is significantly below the global average PCF of the corresponding third-party chemicals

Reportlinker.com announces the release of the report "Blow-Molded Plastics Global Market Report 2022" - https://www.reportlinker.com/p06284142/?utm_source=GNW, Agri-Industrial Plastics, Garrtech Inc, North American Plastics Ltd., Creative Blow Mold Tooling, Pet All Manufacturing Inc., Exxon Mobil Corporation, and APEX Plastics. The global blow-molded plastics market is expected to grow from $86.39 billion in 2021 to $89.30 billion in 2022 at a compound annual growth rate (

Late last week, after over two years of litigation, Earth Island Institute, represented by Cotchett, Pitre & McCarthy, received an order from the San Mateo County Superior Court allowing its landmark lawsuit to proceed against 10 major plastic consumer goods companies for the nuisance allegedly created by their plastic packaging, including polluting California waterways with plastic trash and touting products as recyclable when they’re not. Judge V. Raymond Swope of the Sa

Origin Materials, Inc., the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product label for multiple additional products. The certification affirms that Origin’s furandicarboxylic acid (“FDCA”), purified terephthalic acid (“PTA”), and para-xylene (“pX”), when produced

KBR, Inc., is pleased to announce it has entered into an agreement to invest an additional $100 million in Mura Technology ("Mura") bringing KBR's aggregate investment in Mura to 18.5%. This investment provides Mura incremental capital to accelerate development of its plastics recycling projects and enables KBR to participate more fully in this sustainability-focused, high growth sector. Funding is expected in two tranches with the first payment in the quarter ended Ju

Repeats Group B.V., a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene ("LDPE"), today announced that it has made an investment in Daly Plastics ("Daly Plastics," "Daly" or the "Company"), a producer of recycled LDPE located in the eastern part of the Netherlands, near Apeldoorn. Financial terms of the transaction were not disclosed. Repeats is a portfolio company of Ara Partners ("Ara&quo

Orion Engineered Carbons, a specialty chemical company, today announced that it has added 100 million EUR to its senior secured revolving credit facility, which expands the company's facility to 350 million EUR. “In light of current volatility within the global energy markets, we feel it is prudent to increase our revolving credit facility. We believe this will cover our working capital needs up to an oil price of about $200 per barrel. We want to be proactively prepared f

LLFlex, one of the world’s leading suppliers of specialized packaging materials and industrial laminates, has named Thomas Bowden Chief Executive Officer and Tamra Koshewa Chief Financial Officer effective immediately. Both executives have extensive experience in manufacturing and packaging companies. Victor Dixon has been named Chief Commercial Officer to lead the sales and marketing teams and accelerate growth with both new and existing customers. Formerly CEO of LLFlex sinc

AMP Robotics Corp. (“AMP”), a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, continues to expand its presence in Europe to meet the demand for its AI and automation solutions and provide dedicated local support and service for the market. The company is exhibiting at IFAT 2022, May 30-June 3 in Munich, for the first time. AMP installed its first AI-guided robotics systems in the UK and Ireland with Recyco in September 2021 and has since

Nexeo Plastics, a leading global thermoplastics resin distributor, is pleased to announce an agreement with Highsun Engineering Plastics Co., Ltd., a subsidiary of Highsun Holding Group (also known as HSCC), to provide high-quality virgin polyamide resins to customers in the Americas. “The number of packaging and virgin polymer applications continue to increase across the globe, and we are pleased to add Highsun’s high-quality products to our list of solutions,” sa