Press Releases

LG Chem announced that it has developed a new plastic product for battery application that is capable of preventing the spread of flame in batteries, delivering the longest fire-resistance performance in the world. LG Chem’s flame-retardant engineering plastic product is able to prevent the spread of flames, thanks to the company’s proprietary technology and manufacturing methods. The new advanced flame barrier product created by LG Chem is a highly functional engineerin

Hoffmann Neopac, a global provider of high-quality packaging for pharma, beauty and oral care, has "capped off" its commitment to reducing plastics in its tube designs. The company has introduced Eco-Stripped Tube, which combines a significantly reduced sleeve wall thickness with a comparable materials reduction in the shoulder and cap. The result is a 30% reduction in overall virgin materials without sacrificing product protection, haptics or esthetics. For cosmetics and

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $49 billion of equity capital under management, is pleased to announce that it has signed an agreement to sell its portfolio company Valtris Specialty Chemicals (the “Company” or “Valtris”) to an affiliate of funds managed by SK Capital Partners (“SK Capital”). Valtris is a leading manufacturer of specialty polymer additives and specialty chemicals for a

Successfully creating sustainable and recyclable packaging starts during the design phase: The right choice of adhesive significantly influences what can be done with the package at the end of its primary use. With its RE range of adhesives and coatings designed for recycling, Henkel enables packaging to go beyond current functionalities – to create flexible packaging that has recyclability “built in”. Products in this range must fulfill stringent external testing requiremen

Intertape Polymer Group Inc., announces the opening of its newest facility in Widnes, United Kingdom ("UK"). The facility will be fully operational in the second quarter of 2022. This facility will service the growing need for sustainable packaging solutions in the region with a focus on the production and distribution of IPG’s Curby Mailer™. “Growing our global footprint with the addition of the Widnes manufacturing facility positions IPG to service the

As per a newly published report on antimicrobial plastic by Fact.MR, a market research and competitive intelligence provider, the global market is projected to be valued at US$ 36.54 billion in 2022, and expand at a high CAGR of 7.2% over the period of 2022-2032. Demand for antimicrobial plastic is surging from the automobile and packaging sectors. There is increasing demand from the automotive industry where the use of plastic is necessary to improve fuel efficiency by making vehicles lighte

UFP Industries announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain performance goals. Founded in 2007 and based in Tipton, Iowa, Cedar Poly is a full-service recycler of high-density and low-density polyethylene (HDPE and LDPE) flakes and pellets used in various products, including composite decking. The company also recycles corrug

Aduro Clean Technologies Inc., a Canadian developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into new-era resources and higher-value fuels, announces its membership in the Canada Plastics Pact (CPP). The CPP is part of the Ellen MacArthur Foundation’s global Plastics Pact network, joining other plastics pacts across the world in a network of national and regional initiatives working towards the vision of a

Orion Engineered Carbons, a specialty chemical company, today announced plans to build the only plant in the U.S. producing acetylene-based conductive additives – a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy. Orion’s planned facility in La Porte, Texas, south of Houston, will be backed by a long-term agreement for acetylene supplied from a neighb

Kemira and Danimer Scientific, Inc. announced today a multi-year license and supply agreement, exclusive in Kemira’s core markets, to commercialize biobased barrier coatings for paper and board products. The companies will introduce the newly developed coatings for food and beverage industry applications within North and South America, Europe, the Middle East and Africa in the coming years. The relevant dispersion barrier market size is currently around EUR 500 million and is expected t

Hillenbrand, Inc. and Net Impact announced a partnership in the creation of the 2022 Plastics & Circularity Case Competition, aimed at continuing to innovate and promote sustainability within the plastics value chain. The Plastics & Circularity Case Competition brings together next generation innovators to rethink the challenges the plastics value chain faces from creation to collection. Hillenbrand brought this concept to Net Impact to engage the future generation in how we

Ocean Recovery Group (ORG), a Florida based social-business enterprise that leverages over 100 years of recycling-industry experience to better collect, clean and recycle ocean-bound plastics has become the first United States-headquartered company to achieve Zero Plastic Oceans’ distinguished Ocean-Bound Plastic Certifications for collection, recycling and neutralization. “The Ocean-Bound Plastic Certification from Zero Plastic Oceans signals to our partners and stakeho