Myers Industries, Inc. announced that it has acquired the assets of Trilogy Plastics and financed the transaction with its revolving credit facility. Trilogy Plastics is a world-class custom rotational molder specializing in high quality, high tolerance parts and assemblies. The acquisition is the latest action taken as part of the “One Myers” long-term strategic plan, which is focused on transforming the Company into a high-growth, customer-centric innovator of value-added engine

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Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announces a general price increase of 440 USD/MT ($0.20 cents per pound) for all HSBC products. This action is driven by the recent raw material cost increases and increases in energy prices and logistics costs. This increase will be effective September 1st, 2021, and/or subject to the terms of any applicable contracts and obli

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Olyns, a leader in technology-centric recycling solutions, today announced the launch of its new bottle collection machine, designed for high-traffic, indoor locations. To increase recycling of plastics, the innovative solution provides a convenient way for consumers to redeem bottle deposits while earning rewards through a mobile app. The approach also helps break down barriers surrounding the collection and transportation of recyclables. "The lack of plastics recycling is a g

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Danimer Scientific, Inc., a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has signed a definitive agreement to acquire Novomer, Inc. (“Novomer”), a leading developer of conversion technology providing transformable, functional, and low net carbon inputs into the production of PHA-based resins and other biodegradable materials, in a cash transaction valued at $152 million. Each company&rsquo

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The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the third quarter of 2021. The dividend will be paid on September 15, 2021, to stockholders of record as of the close of business on August 16, 2021.

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The biopolymers market is poised to grow by 1294.13 thousand tons during 2021-2025, progressing at a CAGR of 6.04% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by volatility in crude oil prices. The biopolymers market analysis includes End-user segment, Type segment, and Geography Landscape. This study identifies the

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ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021. “Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value performance products,” said Karen McKee, president of Exxon

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Alterra Energy, an innovative advanced recycling technology company, and Ravago, a global leader in polymer recycling and distribution, announced today that Ravago has acquired an equity interest in Alterra Energy. Ravago will be a strategic partner in supplying pre-processed waste plastic to Alterra Energy's Akron, Ohio, facility -- which currently has the capacity to liquefy up to 60 tons per day of waste plastic for use as a feedstock for the manufacturing of plastics and che

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