Press Releases

Huhtamaki, a key global provider of sustainable packaging solutions, introduces Smilepack, a 100% plastic free molded fiber egg carton, in the United States and Brazil. Smilepack cartons are Huhtamaki's first product designed especially for the U.S. egg industry, providing a sustainable and functional alternative to traditional polystyrene foam or plastic packaging for eggs. In the United States, the egg packaging market is expected to reach $405 MN at a CAGR of 4.38% by 2025*.

The "Polyester Resin: Global Markets" report has been added to ResearchAndMarkets.com's offering. The report offers an exhaustive description and evaluation of the global polyester resin market. It provides in-depth qualitative and quantitative insights, aligning with the goals and objectives of our intended customers. Projections are verified through intensive primary and secondary research. This report will enable clients to invest in the global polyester r

Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized a quarterly dividend of $0.08 per share. The dividend will be a cash distribution payable on July 22, 2021, to shareholders of record as of the close of business on July 8, 2021. Tax Considerations Trinseo is a public limited liability company formed under the laws of Luxembourg.  Under

Liquibox’s bag-in-box flexible packaging production facility in Auckland, New Zealand, takes action to tackle climate change, proving their commitment to create a more sustainable future just a month after the release of the company’s first ever Sustainability Report. Through a new partnership, they will be able to divert 50,000 kilograms of plastic from the landfill each year. In their Sustainability Report, Liquibox outlined their roadmap to minimize their environmenta

Spectrum Plastics Group, a global solutions provider for development through scaled manufacturing of critical polymer-based components and devices for medical and other demanding markets, announces the acquisition of substantially all assets of KCS Plastics LTD. Based in Langley, British Columbia, KCS Plastics offers complete polyethylene packaging solutions for customers across Canada and the United States. Founded in 1998, KCS Plastics' products are food contact safe as define

The new material group replaces MCAM's well-known MD materials. For years, MD materials have been used as metal-detectable plastic components in food processing and packaging equipment, meeting the broadest detectability needs of the global food market. However, rising requirements for more product safety and production efficiency, led MCAM to improve the performance of their detection portfolio. “We aim at expanding our materials leadership position within the food proces

Braskem has launched the world's first renewable-source polyethylene (PE) wax, used in the production of adhesives, cosmetics, coatings and compounds . The product, commonly used as a viscosity modifying agent in diverse formulations, has the same properties and delivers the same performance as the version made from fossil-based PE. Produced from sugarcane ethanol, the new solution entails lower CO 2 footprint, is recyclable and has applications in multiple markets. With the arr

Avient Corporation, a premier provider of specialized and sustainable material solutions and services, has announced it is collaborating with Oceanworks® to help customers incorporate recycled ocean plastics in their products. Recycled ocean and ocean-bound plastics are those recovered from the ocean, waterways, and ocean-bound collection zones within 50 km of a coastline. Building on the 2020 launch of reSound™ R recycled content thermoplastic elastomers (TPEs) created wi

Klöckner Pentaplast (kp or the company), a leading global manufacturer of high barrier protective packaging solutions with industry-leading use of recycled content, has been awarded a gold rating by EcoVadis, the independent provider of global sustainability ratings for environmental, social, and ethical performance. The gold rating ranks kp in the top 3% of plastic product manufacturers assessed by EcoVadis, with each company being rated on the material sustainability risks an

Solvay’s partner in the Sustainable Guar Initiative, non-profit organization TechnoServe, has received the External Collaborator Award from the American Chemistry Council (ACC), for its commitment to working collaboratively with ACC members and others throughout the guar supply chain to drive sustainability and innovation. The Sustainable Guar Initiative is an integrated program implemented by Solvay and its partners in collaboration with TechnoServe to teach and promote susta

The Heubach Group, in partnership with SK Capital Partners (“SK Capital”), announced today a definitive agreement to acquire Clariant’s Pigments Business (“Clariant Pigments”). The combined business will operate under the Heubach name, creating a global pigments leader generating more than €900 million in annual sales. The transaction values Clariant Pigments at approximately CHF 805 million, with additional consideration of CHF 50 million continge

The "Polytetrafluoroethylene (PTFE) Films - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Polytetrafluoroethylene (PTFE) Films Market to Reach $643 Million by 2027 Amid the COVID-19 crisis, the global market for Polytetrafluoroethylene (PTFE) Films estimated at US$479.5 Million in the year 2020, is projected to reach a revised size of US$643 Million by 2027, growing at a CAGR of 4.3% over the anal