Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): "AGLX") and a leader in advanced recycling technology, established Cyclyx International LLC., on January 1, 2021. ExxonMobil joined Agilyx to become a founding member of the joint venture which is focused on helping increase plastic waste recycling. Cyclyx will aggregate and pre-process plastic waste to meet the technical requirements of a wide range of recycling processes while ensu

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The Polyplastics Group is expanding its DURACON (R) polyoxymethylene (POM) PM series portfolio with the development of a new high-flow grade for drug contact and delivery applications for the medical and healthcare market. The new grade, DURACON PM27S01N, offers reduced wall thickness, miniaturization, and lower weight for various medical devices that are becoming increasingly complicated and highly functional. Polyplastics' PM series, which also includes DURACON PM09S01N, a sta

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AmSty announces an increase in the transaction price of all grades of polystyrene produced by the Company of $0.11/lb., effective March 1, 2021. This price supersedes all other previously announced price changes. About AmSty AmSty is a leading integrated producer of polystyrene and styrene monomer, offering solutions and services to customers in a variety of global markets. AmSty is a member of the American Chemistry Council and its Responsible Care initia

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PMC Group International, an independent division of the PMC Group, is Cobra Investments Management and its subsidiary Copperhead Chemical Company ("" Copperhead) and Copperhead Investments were announced to have been acquired from the group owned by these companies on February 5, 2021. Copperhead is responsible for the manufacturing of the three acquired companies and is located on 875 acres of 53 buildings in Tamaqua, Pennsylvania. Copperhead is the only manufacturer of F

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LANXESS has taken another major step on the road to climate neutrality: the specialty chemicals company inaugurated a nitrous oxide reduction plant at its site in Antwerp on February 10, Belgium. The plant breaks down around 500 metric tons of nitrous oxide per year, which is equivalent to the climate impact of 150,000 metric tons of CO2. LANXESS has invested around EUR 10 million in its construction. A second plant is scheduled to start up in 2023 and is expected to eliminate a fu

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The "The Global Market for Bioplastics and Biopolymers 2021" report has been added to ResearchAndMarkets.com's offering. Nearly 270 million tonnes of petroleum are used every year in the production of plastics. Apart from the environmental problems associated with extracting the non-renewable resource, nearly 80 million tonnes of plastics end up in landfills. Bioplastics and biopolymers are a biodegradable and natural alternative. Bioplastics are biobased pro

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INDEVCO Plastics continues expanding its range of sustainable plastic films, announcing the launch of recyclable industrial films and bags that use up to 50% recycled resin content. Last month, INDEVCO Plastics announced its recyclable Shrink Bundling Film comprised of 50% post-consumer recycled (PCR) resin for the beverage and processed food industries. Wayne Mashe, Divisional General Manager of INDEVCO North America Plastics Division, explains, “We’ve been using post-i

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Akdeniz Chemson, the world leader in PVC stabilizers, under the umbrella of OYAK, has launched the company's first phase of zinc borate production in Izmir with an annual capacity of 3,000 tons . Akdeniz Chemson will this month complete the parallel capacity expansion in zinc oxide production, one of the main raw materials for the production of zinc borate, and at the same time take its place among flame retardant manufacturers in the world. Akdeniz Chemson, which is one of the

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