Press Releases

LongueVue Capital ("LVC") is pleased to announce it has partnered with CEO Tom Nathanson and the management team of Summit Plastics ("Summit" or "the Company") to recapitalize the business and provide growth capital. Headquartered in Summit, MS, Summit is a business-to-business focused niche manufacturer of custom low-density and linear low-density polyethylene ("LLDPE") blown film and bags for a number of commercial end markets, including food and beve

With one of the most complete portfolios on the market, Braskem expands its range of solutions for the packaging segment, one of the main consumers of the company's thermoplastic resins in South America. The Braskem Flexus family, the company's high performance film brand, now has the Flexus 9213S , which features low blockage, low migration of additives and greater stability of the pre-press treatment, in addition to performance gains and excellent impact resistance and dri

Celanese Corporation, a global chemical and specialty materials company, announced price increases on its portfolio of engineered materials in response to strengthening demand for its products and increased transportation, energy and raw material prices. The price increases below will be effective for orders shipped on or after February 1, 2021, or as contracts otherwise allow.

Ravinia Capital LLC, a Chicago-based boutique investment bank specializing in sell-side M&A advisory for middle-market companies, is pleased to announce the sale of Re-Poly LLC to GP-Plastics Holdings LLC, a subsidiary of Granite Peak Development. Re-Poly's recycling business has developed a unique process to transform hard-to-recover, post-consumer plastics into the types of consistent, high-quality manufacturing inputs that are needed to meet the growing demand for finishe

Desktop Metal, Inc., a leader in mass production and turnkey additive manufacturing solutions, today announced the signing of a definitive agreement to acquire EnvisionTEC, a leading global provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million, consisting of a combination of cash and newly issued Desktop Metal stock. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions.

KBR, Inc. announced that it has signed an alliance agreement with Mura Technology Limited to offer Cat-HTRTM, an innovative advanced plastics recycling process. Cat-HTR is a sustainability-focused, innovative technology that recycles end-of-life plastic such as thin plastic packaging, which would otherwise be combusted, sent to landfills or leaked into the environment. Cat-HTR converts these mixed plastics into an intermediate hydrocarbon feedstock that can be further refined to pro

Celanese Corporation, a global chemical and specialty materials company, announced its intent to build a world-scale, multi-phase Liquid Crystal Polymer (LCP) polymerization plant in China to support the significant growth in its high-value Vectra® and Zenite® LCP product lines. Site selection is underway, and Celanese is considering both existing and greenfield locations to place its new LCP facility. “5G, ‘Internet of Things’ and vehicle electrification a

The growing trend toward electric vehicles is spurring materials suppliers like Polyplastics Co., Ltd., a leading global supplier of engineering plastics, to position its innovative resin products for use in Advanced Driver-Assistance System(ADAS) parts that enable autonomous driving. The company's DURANEX(R) PBT and DURAFIDE(R) PPS materials--targeted for sensors in radar and camera bracket systems--show great promise in delivering low warpage, dimensional stability, and low dielectric c

Campine expands its recycling activities with an innovative process to recycle chemicals directly out of post-consumer and industrial metal waste. Campine, located in Beerse near Antwerp, has 2 main activities: the recycling of lead from car batteries and the production of antimony trioxide, a chemical additive. Antimony trioxide makes plastics and textiles flame retardant. It is produced out of antimony metal, which mainly comes from mining activities in China, Central and Southeas

Tilley Chemical Company, Inc., a leading regional distributor and value-added service provider of specialty chemicals and lubricants, announced that funds advised by SK Capital Partners, L.P. have made a controlling investment in the Company. SK Capital’s investment will serve as the basis for a new strategic partnership with the Tilley family, who will continue to retain a significant ownership stake and involvement in the Company. Privately held since being founded by the Ti

Align Capital Partners’ (“ACP”) specialty sealing distributor Marco Rubber & Plastics (“Marco” or the “Company”) has acquired Premiere Precision Components (“Premiere”) from KLH Capital. Premiere is a value-added supplier of custom manufactured molded rubber, plastic, and metal components. Headquartered in Holiday, Florida, Premiere’s products are used in a variety of end markets including wireless and wired communicati

StanChem Polymers announced that its wholly-owned subsidiary, Albi Protective Coatings, has completed the acquisition of Dux Paint and its sister companies, Hawthorne Coating and Hood Products (taken together, "Dux" or the "Company"). Based in Lodi, New Jersey, Dux offers a differentiated and comprehensive portfolio of industrial protective coating solutions for refinish, wood, automotive and direct-to-metal applications. Founded over 70 years ago, Dux has built