Press Releases

The electricity used for street lighting is one of the greatest cost factors for municipalities, often making up between 30 and 50 percent of their total electricity costs. As a result, many towns and cities have begun replacing outdated public lighting with efficient LED lights featuring smart light control. This modernization saves energy and therefore money, while also playing a key role in environmental and climate protection. “LEDs are the simplest way to lower the electr

Ascend Performance Materials, the largest fully integrated producer of nylon 6,6, announced global price increases on its polyamide polymers, compounds and monomers, where contracts allow, as follows: Material Price Increase   Neat PA66 polymer $0.30/kg €0.28/kg

The Plastics Industry Association (PLASTICS) will foster the continued growth of the bioplastics industry at its upcoming trade show, NPE: The Plastics Show. With more than 45 bioplastics related exhibitors on the show floor, NPE2024 is expected to be the largest gathering of bioplastics companies in the Americas. NPE2024 will take place from May 6-10, 2024, at the Orange County Convention Center in Orlando, Fla. Companies such as NatureWorks, LG Chem, Evonik, LyondellBasell and mor

Get ready for a piping hot market! Indonesia's plastic pipes market is experiencing a surge, fueled by booming infrastructure development, rapid urbanization, and a shift towards sustainable alternatives. Ken Research's "Indonesia Plastic Pipes Market Outlook" report predicts a healthy 7.3% CAGR, leading to a substantial $5.8 billion market size by 2027. This press release unveils the key drivers, challenges, and exciting prospects shaping this dynamic landscape.

LG Energy Solution announced it signed an offtake agreement with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for lithium concentrate, further advancing the companies’ pre-existing partnership driven by the objective to deliver efficient and sustainable power solutions to the North American market. Under the agreement, WesCEF will supply LG Energy Solution up to 85,000 tons of lithium concentrate, which could be utilized in producing around 11,000 tons of lithium hydr

CARBIOS a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, and De Smet Engineers & Contractors (DSEC), a world-class provider of Engineering, Procurement and Construction services in the biotech’s and agro-processing industries, jointly announce their collaboration to spearhead the construction of the world's first PET biorecycling plant. Under the agreement, De Smet has been entrusted with the projec

A decade ago, California became the first state to ban single-use plastic bags, ushering in a wave of plastiphobia from coast to coast.  Now, California legislators are back for more, hoping to pass a law that closes loopholes and in effect bans all types of plastic shopping bags from being offered at the checkout. However, Symphony Environmental, a company at the forefront of environmental packaging technology, is clear that banning single-use plastic is not the solution. Symp

Eastman today announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company specializing in the recovery and mechanical recycling of PET packaging waste. Through its mechanical recycling sites in France (Nord Pal Plast SA), Spain (PET COMPAÑÍA PARA SU RECICLADO) and Italy (Dentis Recycling Italy Srl), Dentis will provide 30,000 metric tonnes per year of rejected PET post-consumer waste to Eastman. These materials, which curr

Numat Technologies, Inc. a global leader in metal-organic frameworks (“MOFs”), announces a significant expansion investment to build a second U.S.-based, high-volume MOF manufacturing facility in Wisconsin. This expansion, expected to be operational in the second half of 2024, follows Numat’s November 2023 announcement of the company’s new MOF manufacturing campus in Chicago. The investment will add critical manufacturing capacity to support customer demand in Numat&rs

A major capacity expansion has been completed at AkzoNobel’s Powder Coatings site in Como, Italy, which will help secure supply to customers across Europe, Middle East and Africa (EMEA). Four new manufacturing lines are now operational following the €21 million project – two of them dedicated to automotive primers and two to architectural coatings. New bonding equipment lines have also been added, ensuring that the products meet and exceed industry standards.

The High-Performance Polymers range, which includes Rilsan® and Pebax® Rnew® polymers was attributed the “Solar Impulse Efficient Solution” label following an assessment performed by external independent experts and based on verified standards. This solution is thereby joining the #1000solutions challenge, an initiative by the Solar Impulse Foundation to select solutions that meet high standards in profitability and sustainability and present them to decision

Leading North American recycler, Rumpke Waste & Recycling (Rumpke) and molecular recycling pioneer Eastman, today announced a groundbreaking partnership to help address the global plastic waste crisis. Later this year, Rumpke will begin collecting and sorting hard-to-recycle and colored PET packaging waste, materials that are largely unaddressed in today's recycling ecosystem and will provide 100 percent of this waste stream as feedstock to Eastman's molecular recycling process.&n