NEWS

Our news section covers latest news in plastics industry/technology that helps to power the business and customer experiences by providing the latest plastics industry news. Our international business news accelerates customer centricity and agility. They allow our potential clients for continual refinement.

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PureCycle Technologies, in partnership with consumer goods company P&G, today hosted the ribbon-cutting for a plant that will restore used polypropylene (PP) plastic to 'virgin-like' quality with a recycling method that is one of a kind. The new plant will enable consumers to purchase more products made from recycled plastic.…

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In  response  to  growing  customer  demand  in  the  medical  device  market,  GW  Plastics announced today its purchase of Avenue Mould Solutions, a premier precision mold building, machining, and injection molding company based in Sligo, Ireland. This acquisition will give GW Plastics unparalleled global precision mold-making and advanced  manufacturing  capability to …

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PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, has completed the previously announced sale of its Designed Structures and Solutions (DSS) business, which includes sheet, rollstock and packaging assets, to Arsenal Capital Partners for $115 million. "We are pleased to have completed the divestiture of…

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Techniplas, a leading global design and manufacturing provider of automotive products and services, today announced the opening of its Additive Manufacturing Center in Ventura, California. Operated by Techniplas Digital, the company's digital-innovation and transformation unit, the new facility brings together the latest in generative design and lightweighting technology with advanced…

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Vanderbilt Chemicals will invest $13.7 million to increase the output of its production plant in Calloway County, Kentucky. The facility produces additive compounds for numerous industries. The facility provides dried, purified and finished smectite and bentonite clay used in pharmaceutical, personal care, agri-science, ceramics, household items and other products. Vanderbilt’s…

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Rayonier Advanced Materials Inc.  today reaffirmed its commitment to acquire Tembec Inc. on the terms previously agreed with Tembec. The Company believes that the previously announced arrangement consideration of C$4.05 in cash or 0.2302 of a share of Rayonier Advanced Materials common stock per Tembec common share—which is subject to…

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Proto Labs of Maple Plain, Minnesota, opened its Metrology Lab for digital inspections, and launched on-demand manufacturing for molded production parts. According to company officials, “for years there has been a gap in manufacturing services for low-volume, custom molded components. Companies had to purchase in large volumes to meet the…

Monday, Jul 17, 2017
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Formosa Plastics Corp. Texas is investing $5 billion into a plant expansion that will extend into Jackson County and provide about 340 jobs. The expansion will broaden the company's plastic resins product line and increase overall productivity, said Bill Harvey, company spokesman. Construction began about two and a half years…

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ENTEK, Separindo and NSG Group have reached an agreement for NSG to join the previously formed ENTEK-Separindo joint venture for manufacturing and sales of polyethylene (PE) separators for lead-acid batteries. In the rapidly expanding Asian market for automotive flooded lead acid batteries, the demand for Idling Start and Stop (ISS)…

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Wright Plastic Products Company plans to add 14,400 square feet to its St. Clair Facility, investing $3.275 million and creating an additional 19 jobs in St. Clair County, Michigan.  The company, which specializes in plastic injection molding, produces a variety of custom plastics parts in the automotive, recreational vehicles, marine,…

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