Press Releases

Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, today announced a partnership with Solenis, a leading global producer of specialty chemicals, that they are open-sourcing a PFAS-replacement for food packaging manufacturing to food manufacturers and CPG brands across the global market. In conjunction, Zume is announcing it will no longer manufacture any products that contain PFAS from its California packaging facility effect

Danimer Scientific, Inc., a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has completed the acquisition of Novomer, Inc., a leading developer of conversion technology providing transformable, functional and low net carbon inputs into the production of PHA-based resins and other biodegradable materials. Novomer develops high-performing, carbon-efficient, cost-effective polymers and chemicals, including

The "North America Plastic Recycling Market Size, Share & Trends Analysis Report by Product (Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene), by Process, by End-use, by Country, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering. The North America plastic recycling market size is expected to reach USD 7.7 billion by 2028 expanding at a CAGR of 13.1% Recycled plastic packag

Quadion LLC, d.b.a. Minnesota Rubber and Plastics, a leading provider of highly engineered elastomer and thermoplastic solutions for the medical device market, announced it is building a state-of-the-art innovation center adjacent to the company’s corporate headquarters in Plymouth, Minn. The new 9,000 sq. ft. innovation center will provide customers with direct access to some of the industry’s foremost materials scientists and engineers in an immersive design-prototype-build-test

The "China Degradable Plastics (PLA & PBAT) Market Insight Report, 2021-2025" report has been added to ResearchAndMarkets.com's offering. Policy catalysis accelerates the release of demand for degradable plastics. In 2020, China issued the Opinions on Further Strengthening the Treatment of Plastic Pollution, and after the plastic limit order in 2008, it once again intensified efforts to rectify the plastic pollution problem, which is called the plastic ban order in

Today, PureCycle Technologies, Inc. announces a strategic partnership with Gulfspan Industrial, LLC to build and reserve construction space in Beaumont, Texas for the fabrication of modular processing lines. Gulfspan's expanded capacity will help PureCycle's mission to grow its ability to recycle polypropylene (PP) into ultra-pure, sustainable plastic resin. This collaboration will also centralize and streamline PureCycle's module construction process, allowing the modules to be b

MPE Partners of Cleveland, OH and Boston, MA, along with portfolio company Plastic Components, Inc. ("PCI") of Germantown, WI, today announced the acquisition of Sports Molding, LLC ("SMI" or "the Company") of Clearfield, UT, a portfolio company of Sage Park, Inc. SMI is a leading ISO 9001:2015 certified injection molder offering a full suite of design, manufacturing, and value-added services to a diverse range of sectors, including medical, industrial, recreatio

H.B. Fuller, a leading global adhesive manufacturer, announced today a strategic investment to build a new facility in Cairo to support customers’ increased demand in the fast-growing markets of Egypt, Turkey, Middle East and Africa. The new factory will become a regional supply hub and a center of excellence for manufacturing for adhesives serving the hygiene, packaging, labelling, paper converting and graphic arts, among other industries. “Egypt has naturally become a

Today, Berry Global Group, Inc. announced its new commercial-scale clean room for blown film, supporting its growing healthcare business in rigorous healthcare and pharmaceutical applications. The ISO 7 class clean room can produce nine-layer blown films. The new installation fully encloses commercial-scale production of Berry’s proprietary nine-layer blown film from extrusion to packaging, a first in the United States. The addition further enhances Berry’s ability to su

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fiber Optics - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Edition: 7; Released: May 2021 Executive Pool: 11288 Companies: 95 - Players covered include A

Myers Industries, Inc. announced that it has acquired the assets of Trilogy Plastics and financed the transaction with its revolving credit facility. Trilogy Plastics is a world-class custom rotational molder specializing in high quality, high tolerance parts and assemblies. The acquisition is the latest action taken as part of the “One Myers” long-term strategic plan, which is focused on transforming the Company into a high-growth, customer-centric innovator of value-added engine

Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announces a general price increase of 440 USD/MT ($0.20 cents per pound) for all HSBC products. This action is driven by the recent raw material cost increases and increases in energy prices and logistics costs. This increase will be effective September 1st, 2021, and/or subject to the terms of any applicable contracts and obli