Press Releases
16 September 2022
Pexco LLC, a North American manufacturer of specialty plastics, is pleased to announce the acquisition of Performance Plastics Ltd. Located in Cincinnati, Ohio and founded in 1982, Performance Plastics is a molding company precision injection molding specializing in high performance, tight tolerance components for the most demanding applications within various industries including aerospace, defense, medical and life sciences, and precision manufacturing. In this regard, Pexco CEO S
Read more...15 September 2022
Spectrum Plastics Group (Spectrum), a global solutions provider for development through scaled manufacturing of critical polymer-based components and devices for medical and other demanding markets, is announcing the implementation of new business unit names to reflect the continued expansion into key market segments and provide an even stronger organizational alignment with customers. “These names more accurately represent the breadth and value we bring to the core markets th
Read more...14 September 2022
The study is primarily segmented into the five end-use segments where the following end products are considered:1.Pipes, tanks, and ducts (covers potable water pipes, sewage pipes, hot- and cold-water pipes, gas pipes, pipe fittings and joints, and water tanks and rainwater harvesting systems)2. Windows and doors (covers window frames, window glazing, interior housing doors, door frames, door knobs and handles, and door hinges)3.Wall coverings, claddings, and partitions (covers wall
Read more...WM today announced that it has agreed to acquire a controlling interest in Avangard Innovative's U.S. business, which will operate as Natura PCR – an independent company expected to scale and grow recycling capacity to produce an estimated 400 million pounds per year of post-consumer resin (PCR) in five years. Through Natura PCR, WM expects to deliver new recycling capabilities for its customers and provide circular solutions for films and clear plastic wrap used commercially,
Read more...13 September 2022
Prospera Energy is primarily focused on optimizing hydrocarbon recovery through environmentally safe and efficient reservoir development methods and production practices. Restructured PEI has elevated gross production levels to 925 Boepd (750bpd) from 80bpd in the span of a year and a half. PEI has piloted horizontal laterals in order to assess and improve technical and economic efficiency to effectively capture the significant remaining reserves (400milion bbls). PEI’s primar
Read more...12 September 2022
Repeats Group B.V. a pan-European plastics recycling platform focused on the production of high-quality recycled low-density polyethylene ("LDPE") from post-industrial and commercial films, announced today that it has made an investment in Polimero Srl ("Polimero" or the "Company"), a producer of recycled LDPE located in northern Italy, close to Venice. The financial terms of the transaction were not disclosed. Repeats is a portfolio company of Ara Partners (&quo
Read more...12 September 2022
The global plastic waste management market is expected to grow from $34.13 billion in 2021 to $35.25 billion in 2022 at a compound annual growth rate (CAGR) of 3.30%. The plastic waste management market is expected to grow to $41.39 billion in 2026 at a compound annual growth rate (CAGR) of 4.09%. The plastic waste management market consists of the sales of plastic waste management services by entities (organizations, partnerships, and sole proprietors) that are used to provide disp
Read more...M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, announced expanded access to 3D printing filaments from Braskem, a global chemical and petrochemical company. M. Holland’s 3D Printing clients now have access to polyethylene (PE) and glass fiber reinforced polypropylene (PP) filaments. Both materials deliver high printability, reduced warpage and shrinkage, and better interlayer adhesion than other filament options in the 3D printin
Read more...Xeriant, Inc. a Company dedicated to the discovery and development of advanced materials and technology, announces today that it has trademarked NEXBOARD™ as the commercial name for its green Retacell®-based wall panels, which can be used to replace wallboard products made from gypsum and wood, such as drywall, plywood, OSB (oriented strand board) and MDF (medium-density fiberboard) for new and retrofit construction. Xeriant continues to work with several large firms – b
Read more...8 September 2022
Pexco LLC, a leading North American specialty plastics extruder, is pleased to announce the acquisition of Enflo LLC. Based in Bristol, CT with a second facility in Grand Falls, NB, Canada, Enflo is one of the leading manufacturers of Polytetrafluoroethylene (PTFE) products in North America. Founded in 1954, Enflo manufactures a wide range of PTFE shapes including molded cylinders/tubes and sheets, skived sheets, tape, and extruded rods and tubing - in standard and custom sizes. The comp
Read more...8 September 2022
Seatex, LLC , a leading specialty chemical manufacturer and formulator, is pleased to announce the acquisition of ChemQuest Chemicals, LLC (“ChemQuest”), a custom chemical manufacturer headquartered in Pasadena, Texas. For over twenty-five years, ChemQuest has provided custom toll manufacturing services to customers globally, with expertise in complex blending and reactionary synthesis. This acquisition provides Seatex with enhanced production capabilities, increased capacity and
Read more...7 September 2022
INDEVCO Plastics, a sustainable plastics manufacturing division of INDEVCO North America, has named Demetri Papachristopoulos as VP of Sales & Marketing, effective September 6, 2022. Papachristopoulos brings two decades of experience in sales and marketing to INDEVCO Plastics, with extensive industry knowledge of plastics extrusion and flexible packaging converting. “Demetri is an accomplished and versatile leader adept at developing and leading high performing t
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