Press Releases

Olyns, a leader in technology-centric recycling solutions, today announced the launch of its new bottle collection machine, designed for high-traffic, indoor locations. To increase recycling of plastics, the innovative solution provides a convenient way for consumers to redeem bottle deposits while earning rewards through a mobile app. The approach also helps break down barriers surrounding the collection and transportation of recyclables. "The lack of plastics recycling is a g

Danimer Scientific, Inc., a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has signed a definitive agreement to acquire Novomer, Inc. (“Novomer”), 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, in a cash transaction valued at $152 million. Each company&rsquo

The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the third quarter of 2021. The dividend will be paid on September 15, 2021, to stockholders of record as of the close of business on August 16, 2021.

The biopolymers market is poised to grow by 1294.13 thousand tons during 2021-2025, progressing at a CAGR of 6.04% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by volatility in crude oil prices. The biopolymers market analysis includes End-user segment, Type segment, and Geography Landscape. This study identifies the

ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021. “Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value performance products,” said Karen McKee, president of Exxon

Alterra Energy, an innovative advanced recycling technology company, and Ravago, a global leader in polymer recycling and distribution, announced today that Ravago has acquired an equity interest in Alterra Energy. Ravago will be a strategic partner in supplying pre-processed waste plastic to Alterra Energy's Akron, Ohio, facility -- which currently has the capacity to liquefy up to 60 tons per day of waste plastic for use as a feedstock for the manufacturing of plastics and che

According to the new market research report "Industrial PU Elastomer Market by Type (Thermoset PU Elastomer, Thermoplastic PU Elastomer), End-use Industry (Transportation, Industrial, Medical, Building & Construction, Mining Equipment) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the market size is projected to reach USD 10.5 billion by 2026 from USD 7.7 billion in 2021, at a CAGR of 6.3% during the forecast period. Download PDF Brochur

Solvay has developed Phenothiazine LVT™ 2330, a next-generation shortstop inhibitor solution available globally and designed to protect against runaway polymerization of acrylic and methacrylic acids, esters and other monomers in bulk storage facilities, transportation tanks and containers. A runaway polymerization is potentially hazardous due to the reaction becoming uncontrollable and the heat that it producesmay lead to a fire or an explosion or rupture of closed storage an

Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC (“Falcon”), to acquire Aristech Surfaces LLC (“Aristech”), a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industr

Burloak Technologies Inc., a division of Samuel, Son & Co., Limited, today announced the establishment of its second additive manufacturing center in Camarillo, California. With the addition of this facility, Burloak Technologies becomes North America's first multi-site additive manufacturing services provider, offering full Design for Additive Manufacturing (DFAM) expertise at scale. The new 25,000-square-foot (2,300-square-meter) facility bolsters the manufacturing capacit

Prudent American Technologies, a premier USA-based contract manufacturer of highly engineered plastics and precision machined products, is pleased to introduce the Pauldron Recoil Reduction System at the NSSF Range Retailer Business Expo (West Palm Beach, FL). The Pauldron is a ground-breaking family of AR Buffers and Stock Inserts that absorb the majority of recoil, enabling hunters, competitive shooters, and soldiers to perform without shoulder pain. Co-developed with Knight Techn

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plastic Recycling - 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: June 2021 Executive Pool: 449 Companies: 98 - Players covered inclu