Press Releases

Origins, a prestige global skincare brand that delivers high-performance formulas powered by nature and proven by science, and its parent company, The Estée Lauder Companies (ELC), announced a partnership with global chemical industry leader SABIC and strategic beauty packaging manufacturer Albéa to bring an advanced recycled tube package to market in 2021. Origins will be the first prestige beauty brand to leverage SABIC’s innovative, advanced recycling technolo

The "Polylactic Acid (PLA) Market - By Application (Packaging, Agriculture, Transport, Electronics, Textiles, and others) and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. Global Polylactic Acid (PLA) market is slated to accrue revenue worth nearly 1.31 (USD Billion) by 2026 and record the CAGR of about 19.7% over the period from 2020 to 2026. The report

The "Synthetic and Bio Based Polypropylene Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2020-2026" report has been added to ResearchAndMarkets.com's offering. Global demand for synthetic and bio-based polypropylene market was valued at approximately USD 32.1 Million in 2019, and is expected to generate revenue of around USD 53.2 Million by end of 2026, growing at a CAGR of around 7.5% between 2020 and 2026. Polypropylene is the th

ALPLA switched its PET Recycling Team plants in Wöllersdorf, Austria, and Radomsko, Poland, to a mix of electricity from renewable sources in order to produce carbon-neutral rPET (= recycled polyethylene terephthalate). ‘This step has already had a big impact on the carbon footprint of our food-grade regranulate – according to the calculations, emissions are cut by up to 90 per cent compared with virgin material. The feedback from the market regarding this further development

Ascend Performance Materials (Ascend Performance Materials) announced a global price increase for all its Vydyne ® polymers, fibers and compounds. The price increase will take effect on October 15, 2020, including the following price changes: Customers should contact their local sales representative for more information. About Ascend Functional Ma

Celanese Corporation, a global chemical and specialty materials company, today announced it completed the sale of its 45% equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion, as originally announced on July 20. Through this transaction, Celanese monetized a historically passive investment and expects to deploy the proceeds from this all-cash transaction into higher value-generating opportunities. These include the previously announced increas

Chevron Phillips Chemical (CPChem) today announced success in its first commercial scale production of polyethylene using advanced recycling technology. Advanced recycling, sometimes referred to as “chemical recycling,” converts plastic waste to valuable liquids that can become new petrochemicals. This approach complements traditional recycling by converting a range of materials, including many difficult-to-recycle plastics, into important building blocks for new chemica

Carbios, a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced today the acquisition from Limagrain Ingredients of its entire stake in the capital of Carbiolice, a joint company created in 2016 around an enzymatic biodegradation technology licenced by Carbios. The acquisition of Limagrain Ingredients’ equity stake in the capital of Carbiolice by Carbios, which took place on October 8, 2020, is paid for a minority

Sole Source Capital LLC ("Sole Source" or the "Firm"), an industrial-focused private equity firm providing capital to North American lower-middle market companies, today announced the acquisition of Dallas Plastics (the "Company"), a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets. Terms of the transaction were not disclosed. Founded in 1989, D

Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the launch of the Braskem e-NABLE Chapter. e-NABLE is a global community of "Digital Humanitarian" volunteers from all over the world who utilize 3D printing technologies to produce free and low-cost prosthetic upper limb devices for children and adults in need. Following the successful completion of the e-NABLE prosthetic device certification process, the Bras

M. Holland Company, a leading distributor of thermoplastic resins, announced a new partnership agreement with JL Goor Materials, a polymer distribution company headquartered in Dublin, Ireland. The agreement provides access to M. Holland’s Mtegrity™ products in both Ireland and the U.K., along with connections to strategic supply partners. This new international partnership marks M. Holland’s first formal business venture in Europe and expands the availability of the Mtegrit

Celanese Corporation, a global chemical and specialty materials company, today announced it will raise prices of all acetate tow product grades sold globally by up to 5 percent. This price increase will be effective for orders shipped on or after January 1, 2021, or as contracts otherwise allow. “To aid in securing sustainability of the Celanese acetate tow business, it is paramount that we increase prices and offset declines. Celanese is committed to our acetate tow business