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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LyondellBasell, the world’s largest licensor of polyolefin technologies, today announced that Lianyungang Petrochemical Co., Ltd (a company of Zhejiang Satellite) has selected Hostalen “Advanced Cascade Process” (Hostalen ACP) technology from LyondellBasell for a 400KT per year high density polyethylene (HDPE) plant to be built at Lianyungang, Jiangsu Province, China. We…

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Safic-Alcan UK, a major distributor of specialty chemicals and subsidiary of the Safic-Alcan Group, announces that it has acquired 100% of Langley-Smith & Company. Langley-Smith was established in 1907 and is a specialty chemicals distributor in United Kingdom, Ireland and mainland Europe, with a focus on adhesives, paint and coatings,polymer…

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A WSU research team for the first time has developed a promising way to recycle the popular carbon fiber plastics that are used in everything from modern airplanes and sporting goods to the wind energy industry. The works, reported in Polymer Degradation and Stability and Green Chemistry, exemplify two efficient…

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The Sterling Group, an operationally focused middle market private equity firm, today announced the acquisition of Polychem Corporation.  Polychem is a leader in the securement packaging industry.  The company manufactures polyester ("PET") and polypropylene strapping consumables, securement equipment and related products, serving the food and beverage, consumer packaged goods, and…

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LJC Investments IV, LLC, an investment vehicle controlled by Littlejohn Capital, LLC ("Littlejohn Capital"), today announced the acquisition of Western Industries Plastic Products LLC ("Western"), a niche technical manufacturer of large blow-molded products.  Western was formerly a portfolio company of Speyside Equity LLC. With over 30 years of rich history,…

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PureCycle Technologies, which offers the only recycled polypropylene with properties equal to virgin polymer, has collaborated with global industrial manufacturer Milliken and food and beverage firm Nestlé to accelerate plastics recycling. PureCycle plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary…

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Honeywell announced today that Jiangsu Sailboat Petrochemical Co., Ltd. will use Honeywell UOP's C3 Oleflex™ technology to produce 700,000 metric tons per year of polymer-grade propylene at its facility in Lianyungang City in China's Jiangsu Province. Jiangsu Sailboat will expand its existing facility, which uses Honeywell UOP's methanol-to-olefins (MTO) process…

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Mallinda Inc, an early pioneer in reversible thermoset resins, announces the close of a $2 million strategic investment by SABIC. This round of financing will enable Mallinda to scale up and to deliver its first commercial product, and accelerate the development of its high-performance materials for the transportation segment. Mallinda's…

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Ecoark Holdings, Inc. (“Ecoark”), to be renamed Zest Technologies, Inc., (OTCQX: ZEST), an AgTech company modernizing the post-harvest fresh food supply chain, today announced it has reached an agreement with Kal-Polymers, a Canadian company well established in the manufacturing of 100% recycled plastic compounds. Kal-Polymers Americas will acquire the key…

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Redline Plastics announces the groundbreaking ceremony for their new 117,900 sq. ft. manufacturing facility in Manitowoc, WI. This new facility will be more than twice the space of their current home. The groundbreaking ceremony will be held at 11:00 am on Thursday, March 21, 2019 at the construction site for…

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