Press Releases
Amcor has announced that it is joining the Alliance to End Plastic Waste (the Alliance) at Executive Committee level. Amcor and the Alliance share the belief that collaboration and collective action are critical to eliminating plastic waste. Alliance membership also aligns with Amcor's 2025 Sustainability Pledge to develop all its packaging to be recyclable or reusable by 2025. This new partnership is the latest example of Amcor's commitment to better waste management and re
Read more...Cabot Corporation announced the launch of its latest Engineered Elastomer Composites (E2C™) product, E2C™ DZ8650, part of the Durability series of solutions that is designed to reduce in-field failures and maximize operational uptime. DZ8650 is formulated to deliver breakthrough improvements in erosion and wet abrasion resistance, as well as mechanical strength in mining rubber applications including slurry pumps, hydrocyclones and rubber pipes. Wear resistance of rubber
Read more...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 330 USD/MT ($0.15 cents per pound) for all HSBC products. Subject to the terms of any applicable contracts and obligations this price increase will be effective April 1, 2021. ABOUT KRATON Kraton Corporation is a leading global producer of specialty polymers and high
Read more...The "Recyclable Plastics Market Growth, Trends & Analysis, By Type, By Source, By Recycling processes, By End-Use Industry And Segment Forecasts To 2027" report has been added to ResearchAndMarkets.com's offering. Increased concern about plastic pollution, enhancement of the recycling process, and increased demand for plastics are propelling the recyclable plastics market growth. The Global Recyclable Plastics Market is forecast to reach USD 65.06 Billion
Read more...Specialty chemicals company LANXESS completed the acquisition of the French company INTACE SAS on March 1, 2021. The Paris-based biocide company is a manufacturer of specialty fungicides for the packaging industry. The parties have agreed not to disclose the purchase price. The biocides businesses now acquired account for annual sales in the mid single-digit million euro range. LANXESS will integrate them into the Biocides business line within its Material Protection Products busine
Read more...Dow signed a Memorandum of Understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build the Dow South China Specialties Hub, a multi-year project providing customers local access to Dow’s portfolio of high value products and innovative technologies. “Asia Pacific is the world’s largest chemicals market. Demands in the region are evolving towards high-value, specialty chemicals that help custome
Read more...Although Bag-in-Box is already a very sustainable packaging, by enabling considerable plastic and CO2 reduction, Smurfit Kappa is continuing to focus effort on raw material innovations, especially by incorporating recycled or bio-based resins to our taps and bags, where the food safety regulations allow it. One of the main steps of this initiative has been recently achieved with the ISCC PLUS certification. The Vitop facility in Alessandria, Italy, that produces the best-selling Vit
Read more...4 March 2021
Braskem Idesa signed a memorandum of understanding with Mexican state-owned oil and gas Pemex to discuss the contract for the supply of ethane in the country and the development of a terminal for the import of the raw material. In addition, the company signed a 15-year gas transport contract with the state agency Cenagás - the term of this contract is subject to the signing of the definitive negotiation with Pemex. As a result, Braskem Idesa's petrochemical complex in Mexico has al
Read more...Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports According to The Business Research Company’s resins and plastic materials market report, the world population is increasingly becoming aware about the adverse impact of plastic materials on the environment. This has led to a rapid increase in demand for eco-friendly plastics: bioplastics that a
Read more...Regardless of global economic tremors caused by the COVID-19 pandemic R&P POLYPLASTIC managed to maintain the sales amount on the level of 2019. The enterprise increased profitability, implemented a number of large-scale projects and shaped plans for the future. “When we were planning for the year 2020 of course no one could assume that there would be the pandemic and lockdown – we hoped to come close to 100 thousand tons of produced and sold materials. However
Read more...Milliken & Company, a globally diversified manufacturer with over a century and a half of materials science expertise, has formally established Zebra-chem GmbH (“Zebra-chem”) , a global chemical company known for its peroxide and blowing agent masterbatches. As more brands and governments around the world set goals to increase their use of recycled materials, plastic manufacturers are facing the challenges of using recycled plastic effectively. Peroxide masterbatches, such as
Read more...Cerberus Capital Management, L.P. and Koch Minerals & Trading, LLC (“Koch”) announced a partnership that has agreed to acquire the PQ Performance Chemicals business of PQ Group Holdings Inc. (NYSE: PQG) (“PQ”) for approximately $1.1 billion. PQ Performance Chemicals is a leading global producer of sodium silicates, specialty silicas, and zeolites. The business supports a broad range of end uses, including for personal and industrial cleaning product
Read more...