Press Releases

over 70 leading businesses, organizations, and governments have come together to release an ambitious action plan to eliminate plastic waste through the Canada Plastics Pact. Roadmap to 2025: A shared action plan to build a circular economy for plastics packaging represents unprecedented cross-value chain collaboration, uniting key players behind a shared vision for a circular economy for plastics packaging in Canada and a targeted plan to drive tangible change by 2025. The Roadmap

Nexeo Plastics, a leading global thermoplastics resin distributor, has announced it will begin carrying and distributing Polymaker’s high performance 3D printing filaments in North America, including carbon reinforced nylons and a fire-retardant polycarbonate. Polymaker offers a diverse portfolio of materials from high performing plastics to unique aesthetic solutions. Each family of products has unique properties and can be used in a wide range of applications from everyday n

Specialty chemicals company LANXESS and energy company bp are entering into a strategic partnership for the use of sustainable raw materials in high-tech plastics production. bp will supply sustainably produced cyclohexane to the LANXESS’ production site in Antwerp, Belgium, starting in the fourth quarter of 2021. The sustainable origin of the raw materials is certified according to ISCC Plus rules (“International Sustainability and Carbon Certification”). With this partners

SyBridge Technologies, a global industrial technology company, announced today that it has completed the acquisition of Pyramid Mold and Tool ("Pyramid"). This transaction further expands SyBridge's customer base and footprint in the life sciences end-markets. New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning across e

LATI Industria Termoplastici of Vedano Olona, Italy ("LATI"), a leader in self-extinguishing and high performance thermoplastic compounds, and The Hemp Plastic Company, of Boulder, Colorado, USA ("THPC") a leading provider of sustainable hemp plastics today announced that the parties have signed an agreement for the distribution of The Hemp Plastic Company's line of ecological hemp blended plastics. These hemp plastics are usable across diverse sectors in the plastics

Custom Cones USA launched the latest breakthrough in the pre-roll sector of the cannabis industry with the development of the first and only machine that automatically produces infused pre-rolls. Capable of accurately infusing a pre-roll every 4.5 seconds, this automated pre-roll machine can infuse up to 800 pre-rolls per hour. What was once a laborious and inaccurate process is now fully automated and 100% compliant in all medical and recreational cannabis markets. If you need to see it to b

Leading European thermoforming packaging specialist Waddington® Europe, a division of Novolex®, has launched a new 100% mono-material protective soft-fruit punnet thanks to the company's revolutionary MONOAIR™ cushion technology. Traditionally, punnet bases have required an additional layer of bubble padding attached with a glue adhesive to protect soft fruit from bruising and spoiling in transit. However, the padding must be removed from the container to be proper

ExxonMobil plans to build its first, large-scale plastic waste advanced recycling facility in Baytown, Texas, and is expected to start operations by year-end 2022. By recycling plastic waste back into raw materials that can be used to make plastic and other valuable products, the technology could help address the challenge of plastic waste in the environment. A smaller, temporary facility, is already operational and producing commercial volumes of certified circular polymers that wi

The "Global Blow Molded Plastics Market Size, Share & Trends Analysis Report by Product (PP, ABS, PE, PVC), by Technology (Extrusion, Injection), by Application (Packaging, Automotive & Transport), and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering. The global blow molded plastics market size is anticipated to reach USD 98.7 billion by 2028, growing at a CAGR of 3.3% The global industry is expected to witness

Tekni-Plex Healthcare has acquired precision extrusion manufacturer Johnson Plastic Group (JPG) as part of a strategy to expand the company's patient care solutions platform. Located in Mexicali, Mexico, Johnson Plastic Group specializes in precision extrusions for medical device applications. The company provides complete extrusion solutions into a variety of medical device applications for interventional and therapeutic procedures. The acquisition expands Tekni-Plex

Nexeo Plastics and Covestro Additive Manufacturing (former DSM AM) are strengthening their partnership in 3D printing through the expansion of material and service offerings available through 3D at Nexeo Plastics. As a premier distributor, 3D at Nexeo Plastics will now also offer direct global distribution of additional Covestro filaments, as well as Somos® resins for SLA and Digital Light Processing/Liquid Crystal Display (DLP/LCD) 3D printing. Since 2016, the two companies hav

Jamestown Plastics, a custom manufacturer of thermoformed products in the packaging industry for more than 60 years, created Clamtainer™, a durable and sustainable alternative to traditional clamshell packaging that can be incorporated into manufacturers’ frustration-free packaging programs. Clamtainer utilizes Click-It™ Closure technology that provides exceptional security with a one-snap closing system that can be opened with just one hand– yet it stays com