Press Releases
Braskem the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced the construction of a new Renewable Innovation Center located in Lexington, Massachusetts at the Lexington Labs at 10 Maguire Road in Lexington, MA owned by Greatland Realty Partners. Braskem's new 35,000-square-foot innovation center will focus on accelerating innovation in renewable chemicals and sustainable materials. Capabilit
Read more...8 November 2022
Lyten, an advanced materials and applications manufacturer and inventor of the novel Lyten 3D Graphene materials platform, announced today the debut of LytR, its unique polymer composite product line. Pelican Products, Inc., a renowned maker of high-durability protective cases, will incorporate LytR into a new generation of transport cases, including cases intended for U.S. military forces. The infusion of LytR technology will allow Pelican to manufacture cases up to 50 percent lighter
Read more...4 November 2022
Greenbutts LLC. is pleased to announce that it has signed a Cooperative Development Agreement with Montrade S.p.A. Tadas Lisauskas, CEO of Greenbutts, commented, "Our continuous innovation and intellectual property behind our biodegradable filter technology allow multinational partners to meet their plastic-reduction targets without sacrificing the sensory experience smokers expect. Together, with Montrade, we expect to have great success in the European marketplace
Read more...4 November 2022
TekniPlex Consumer Products , a globally integrated provider of innovative solutions through materials science and manufacturing technologies, has acquired Empaques Moldeados de América Technologies S. de RL de CV (EMATEC), a Mexico-based manufacturer of molded fiber packaging solutions for eggs, produce, foodservice and other fresh food items. Ematec's portfolio of sustainable molded cellulose pulp packaging solutions further strengthens TekniPlex
Read more...PureCycle Technologies, Inc. (Nasdaq: PCT) and the Orlando Magic are teaming up to divert thousands of pieces of plastic waste from being landfilled or flowing into Central Florida waterways. The Orlando Magic are the first NBA team to implement PureCycle's PureZero™ waste program. PureZero is a first-of-its-kind plastic waste recycling program geared toward stadiums and entertainment venues. "With the adoption of our PureZero™ Program, the Amway Center can help cl
Read more...3 November 2022
Blaige & Company announced today the sale of Packright Manufacturing Limited ("Packright" or the "Company"), to CKF Incorporated ("CKF"), a Scotia Investments Family of Companies ("SIL") portfolio company. Blaige was the exclusive advisor to the seller. Terms of the transaction were not disclosed. Packright Manufacturing Limited, founded in 2003 and based in Langley (Vanco
Read more...2 November 2022
With an intent to transform the antiquated laundry detergent aisle and reduce emissions as well as plastic and water waste, leading household products company and green products pioneer Seventh Generation announced today a commitment to phase out all large format liquid laundry detergent bottles from its product lineup by 2030 and transition all laundry products to concentrated formats. "When you walk down the laundry detergent aisle it's evident that it's riddled with unn
Read more...2 November 2022
P&M Corporate Finance is pleased to announce that it served as the exclusive financial advisor to Enviroplas, LLC on its merger with Aurora Plastics, LLC , a portfolio company of Nautic Partners. Aurora Plastics is a leading manufacturer of polymer compounds, and Enviroplas is an engineering compounding business with more than 30 years of growth history. Sharing a commitment to being their customers' first choice, Aurora Plastics and Enviroplas can now offer custo
Read more...1 November 2022
Smile Compostable Solutions® won the compostability category for the first-ever U.S. Plastics Pact Sustainable Packaging Innovation Award. The award showcases companies that are eliminating problematic and unnecessary plastic packaging while taking actions to ensure that 100% of plastic packaging is reusable, recyclable or compostable by 2025. Smile is recognized as a business making strides to advance sustainable packaging solutions that contribute to a circular economy. Smile
Read more...1 November 2022
Today, Protein Evolution, Inc. (PEI) launched out of stealth, unveiling groundbreaking technology that transforms textile and mixed-plastic waste into an infinitely reusable resource, helping the chemicals industry transition to a lower-carbon, circular economy. Leveraging recent breakthroughs in natural science and artificial intelligence, the company designs enzymes to break down end-of-life textile and plastic waste into the building blocks that make up new textile and plastic pr
Read more...More than 90 companies joined Cleantech Open's 2022 accelerator program, 77 participated in regional competitions across the US, and 18 finalists progressed to compete at the national level at the Global Forum, hosted at VERGE22 in San Jose, California on October 25-27, 2022. Renegade Plastics was named the US National Winner of Cleantech Open's 2022 CTO Global Forum for commercializing a novel non-toxic and recyclable polypropylene fabric that can replace unsustainable PVC fabr
Read more...26 October 2022
The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, 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 fourth quarter of 2022. The dividend will be paid on December 15, 2022, to stockholders of record as of the close of business on November 15, 2022. A
Read more...