Press Releases

Trinseo a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced the inauguration of its Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan. The new pilot facility represents a major step in Trinseo’s wider growth strategy for TPEs, enabling it to locally produce custom-engineered TPE and thermoplastic urethanes (TPU), together with its leading bioplastics portfolio, for key customers in the Asia-Pacific region.

Strengthening its 50 years of proven plastics expertise and offerings, Spartech announces the acquisition of Tufpak™, Inc., a leading manufacturer of custom and stock engineered plastic films designed for biohazard bags, medical devices and biopharma packaging. “This acquisition expands our product line to include medical and biohazard plastic film capabilities with industry-leading packaging for biological, chemical, pharmaceutical and laboratory research applications,&

Committed to the circular carbon neutral economy, Braskem announces an important investment to expand its portfolio of post-consumer resins (PCR). In partnership with Valoren, a company specialized in the development and operation of technologies for the transformation of waste, the company will invest R $ 67 million in the construction of a recycling line with the capacity to transform around 250 million packages into 14 thousand tons of resin. high-quality post-consumer products per year. T

After Continental Structural Plastics (CSP) won a JEC Innovation Award in 2016 for its Lincoln MKS Decklid Concept - a TCA Ultra Lite® exterior panel and a Carbon fiber RTM prototype inner part - Continental Structural Plastics (CSP) has refined its carbon fiber RTM process (CF-RTM) to such an extent that a premium automobile manufacturer will use the technology for closures on future vehicle platforms. These doors will feature both interior and exterior panels and structural reinforcemen

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Sasol, a global integrated chemicals and energy company, today announced the closing of their Louisiana-based Integrated Polyethylene Joint Venture (JV) transaction following required regulatory and shareholder approvals. The 50/50 JV includes a 1.5 MM ton ethane cracker, 0.9 MM ton low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, La, and will

Spectrum Plastics Group – the market leading specialty medical packaging, component and contract manufacturer, has closed on the acquisition of PeelMaster Medical Packaging Corporation ("PeelMaster"). Based in Niles, Illinois, PeelMaster is a full-service converter of sterile flexible packaging to the medical device market.  Founded in 1989, PeelMaster produces pouches, header bags and die cut lids for medical applications. PeelMaster has been an Autho

Clariter, an international clean-tech company, has announced that its unique plastic recycling solution has achieved a net negative carbon footprint according to the results of a new study, meaning it does not add to, but rather depletes carbon from the planet. The results stem from an independent initial Life Cycle Analysis (LCA) carried out by CE Delft, the renowned research and consultancy firm. The LCA determined that Clariter's carbon footprint is below zero indicating a ne

The global industrial plastic market is anticipated to grow at a compound annual growth rate (CAGR) of 4.9% during the forecast period 2020 to 2027. Industrial plastic is a synthetic compound that are largely used in the various industrial applications that include automotive, packaging, electronics & electrical, construction, healthcare, aerospace & defense, and many other industries. Advanced properties offered by these plastics such as moldability, high tensile strength,

The "Ultra-High Molecular Weight Polyethylene Market 2019-2024: Trends, Forecast, and Opportunity Analysis" report has been added to ResearchAndMarkets.com's offering. The global ultra-high molecular weight polyethylene market is expected to grow with a CAGR of 9.9% from 2019 to 2024. The future of the ultra-high molecular weight polyethylene (UHMWPE) market looks promising with opportunities in the aerospace, defense, & shipping, healthcare & medical

CVC Credit Partners is pleased to announce that it has provided a $60 million first lien loan to support Sole Source Capital's acquisition and growth strategy of Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets.   Founded in 1989, Dallas Plastics is a leading independent producer of high-performance specialty films for multi-use flexible packaging

Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a global leader in supply of catalysts, technology, and services for the chemical and refining industries, have announced that they achieved their first-ever demo-scale production of bio-based monoethylene glycol (MEG). As a result of the collaboration between the two companies, the MOSAIK™ technology development has been progressing according

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.05 per share, to be paid December 7, 2020 to shareholders of record November 30, 2020, with an ex-dividend date of November 27, 2020. About LyondellBasell  LyondellBasell  is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell