Press Releases

Liqui-Box, a portfolio company of Olympus Partners, and the U.S. Department of Justice (DOJ) have entered into an agreement to allow Liqui-Box to acquire DS Smith plc's Plastics Division (DS Smith Plastics). The transaction is expected to close in Q1 2020.? ? As part of the agreement, Liqui-Box will divest selected DS Smith/Rapak bag-in-box (BIB) business in the U.S., including two manufacturing facilities located in Indianapolis, Indiana, and Union City, California. "

The CHINAPLAS show organizer ? Adsale Exhibition Services Ltd., formally issued the notice - CHINAPLAS 2020 Rescheduled to 3-6 August 2020 at NECC in Shanghai, on 19 February. Ada Leung, General Manager of Adsale, expressed, ?As an important trend-setter, CHINAPLAS has expeditiously responded to the market needs. Many market activities like consumption, manufacturing and investment etc. are put on hold during the epidemic. And now, some companies have already resumed work and manufa

Direct Pack, Inc., a leader in sustainable, thermoformed plastic packaging, announced? that it is expanding its global operations with the acquisition of Guadalajara, Mexico based Atmosphera Verde that will now be known as Direct Pack Recycling ? a facility capable of recycling 20,000 tons of PET plastic, including post-consumer PET thermoforms. This new facility will allow the company to build on its sustainability commitment and move even closer to a truly closed loop recycling pr

The "Blow Molded Plastics Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global blow molded plastics market is expected to grow at a CAGR of over 4% during the period 2019-2025. Key Market Insights The analysis of the blow molded plastics market provides market sizing and growth opportunities for the forecast period 2020-2025. Provides comprehensive insights o

INEOS Olefins & Polymers has today announced a partnership with Forever Plast SpA, a leading polymer recycling technologies operator in Italy. Together they have developed a range of new Polyethylene grades that mirror INEOS virgin grades and perfectly fit injection moulding and compression moulding machines. The new Recycl-IN products take Post Consumer Recyclate (PCR) from used bottle caps and carefully blend them with highly engineered virgin polymer to create new high-quality ca

Ascend Performance Materials, the largest fully integrated producer of polyamide resin 66, today announced that it has signed a contract to buy Poliblend and Esseti Plast GD from D'Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the Esseti Plast GD masterbatch portfolio and Poliblend's engineering plastics portfolio, which consists of virgin and recycled types of PA66, PA6, PBT and POM. ?This strategic acquisition marks an important transf

INEOS and UPM Biofuels have today announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS K?ln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins. These new sustainable materials will be used in a wide range of products from plastic food packaging to medical and pipes. Applications also incl

INEOS Styrolution, the global leader in styrenics, has announced today plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene plant in Ningbo. Less than a year after announcing the acquisition of two polystyrene production sites in China, INEOS Styrolution embarks on plans to grow its production capacity in the country significantly. The company plans to construct a green field ABS plant adjacent to the

Austin Resource Recovery (ARR), a department of the City of Austin, received a $45,000 grant from the Foam Recycling Coalition (FRC). This grant will increase the city?s capacity to manage and process more post-consumer foam polystyrene, including foodservice packaging and protective packaging for recycling. Austin?s Recycle & Reuse Drop-Off Center(RRDOC) currently serves single family residents and multifamily complexes. Most services are at no cost, but some services have a fee, i

The Alloyd Division of Sonoco , one of the most sustainable diversified global packaging companies, today announced the introduction of its first, all-paper retail blister package. The new EnviroSense PaperBlister? provides an alternative to the more traditional thermoformed plastic blister package that is found prominently in retail outlets around the world. ?This new mono-material package is further evidence of our commitment to developing more sustainable options for our customer

Silgan Holdings Inc., a leading supplier of rigid packaging for consumer goods products, announced that it has acquired Cobra Plastics, Inc. This business manufactures and sells injection molded plastic closures for a wide variety of consumer products, with a particular focus on the aerosol overcap market. ?The acquisition of Cobra Plastics expands the product offering of our global closures franchise into a variety of new markets and applications,? said Adam Greenlee, President of

Celanese Corporation, a global chemical and specialty materials company, today announces price increases on its Amcel? and MFI series (POM) grades sold in Europe. The price increase of ?0.10 per kilogram will be effective February 1, 2020, or as contracts otherwise allow. ? Product EMEA (Euro/kg) MFI 2 Series????????????????