Press Releases

International Recycling Group (IRG) announced that it has entered into a contract with Erie Management Group to purchase land on the east side of Erie for its future plastics recycling plant—expected to be the world’s most technologically advanced. The approximately 25-acre lot in the SB3 Industrial Park on East Lake Road sits in a federal Opportunity Zone within the city of Erie. Opportunity Zones were designated by Governor Tom Wolf as a means to attract investment in

Celanese Corporation, a global chemical and specialty materials company, today announced its Singapore subsidiary, Celanese Singapore Pte. Ltd., has recently extended its long-term contract with Linde Gas Singapore Pte. Ltd. for the supply of carbon monoxide to its Singapore acetyls chemical facility located on Jurong Island, Singapore. Financial details of the contract were not disclosed. Linde operates large integrated gasification facilities in Singapore to produce gases includin

SABIC has become the world’s second most valuable brand in the chemicals industry for the first time, and it has also cemented its place among the top 500 most valuable global brands. The rankings were confirmed in the 2021 Chemicals 25 and Global 500 reports published by Brand Finance, a world-leading independent brand valuation consultancy. Yousef Al-Benyan, SABIC Vice Chairman and CEO, said: “We are proud of our improved ranking. It is a significant step in our missio

Interfacial Consultants ("Interfacial"), a Wisconsin-based innovator in advanced materials, has recently released two disruptive, highly filled masterbatch technologies, to be distributed by its sister company NAGASE Specialty Materials ("NSM"). These novel, proprietary composites—one biofiber-based, the other carbon nanotube-based—are engineered to enable greater filler dispersion for the production of high-performance compounds. As a result, compani

Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announced the first international shipment of polypropylene from the Company's new Global Export Hub in Charleston, S.C. Braskem's new Global Export Hub facility provides packaging, warehousing and export shipping services to support the Company's six U.S. polypropylene (PP) production facilities: four in Texas (La Porte, Oyster Creek and Seadrift), one in Pennsylv

Fathom Manufacturing announces the acquisition of Summit Tooling and Summit Plastics, a leading precision tooling and injection molding services provider specializing in small-to-medium prototype injection molds for the domestic market. This acquisition will greatly expand Fathom's domestic injection molding capabilities. "Summit's focus on customers during the design, prototyping and low-volume production stages of a product's life cycle perfectly aligns with Fatho

Polytek® Development Corp. ("Polytek"), a manufacturer of specialty polymers for mold making, casting, and coating applications, announced the acquisition of Endurance Technologies. Polytek is a portfolio company of Arsenal Capital Partners. Based in South St. Paul, Minnesota, Endurance Technologies has decades of formulation and manufacturing experience with a strong focus on polyurethane and epoxy systems. Their brands are well-known throughout industrial and consume

Star Thermoplastics Alloys & Rubbers is proud to introduce our patent pending StarBond® XL PA series offering outstanding bond strength for a variety of Polyamides such as Polyamide 6, Polyamide 6,6, and glass filled analogues of these polymers. The new StarBond® XL PA series has an initial offering of hardness 60 Shore A and 75 Shore A. They come in natural and black colors. These grades offer outstanding tensile properties, elongation and tear properties compared to several lead

ExxonMobil said it has created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and the climate goals outlined in the Paris Agreement. ExxonMobil Low Carbon Solutions is advancing plans for more than 20 new carbon capture and storage opportunities around the world to enable large-s

The "Global Polyolefins Market By Type (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Ethylene-Vinyl Acetate (EVA), Others), By Application (Injection Molding, Film & Sheet, Fiber, Blow Molding, Others), By Region, Competition Forecast & Opportunities, 2015 - 2026" report has been added to ResearchAndMarkets.com's offering. The Global Polyolefins demand has witnessed robust growth in the past five years and the market is anticipated to grow a

2020 was an unprecedented year for the world. The plastics and rubber industries have undergone rapid changes, and the downstream users are more urgently in need of innovative and practical solutions than ever before. How to grasp the infinite market opportunities in 2021? CHINAPLAS, Asia’s No. 1 plastics and rubber trade fair, to be held during April 13-16 in Shenzhen, PR China, together with a series of exciting concurrent events, to explore hot topics like 5G, digital manufacturing,

Hengyi Industries Sdn. Bhd., has selected Univation Technologies’ UNIPOL™ PE Process for its world-scale 600,000 TPY polyethylene (PE) plant to be located in Palau Muara Besar, Brunei. The new PE plant will be integrated into a larger refinery and petrochemicals project centered on a 14-million metric tons/year (280,000 b/d) crude oil refinery that will include 11.2 million metric tons/year (MMt/y) of downstream capacity producing ethylene, benzene, para-xylene, ethylene glycol (E