Press Releases

With the automotive industry driving itself towards a circular and climate neutral future, the use of alternative materials, including those containing recycled content, to replace fossil resources has become more and more commonplace. However, the quality and traceability of such recycled materials are still of a major concern. In light of this, materials manufacturer Covestro has formed a partnership with China’s leading auto lighting supplier HASCO Vision to build a closed-

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 significant progress towards securing renewable and emissions-free power for its North American production facilities. The Company's current energy sourcing roadmap calls for more than a 15% reduction in carbon dioxide-equivalent emissions by 2030 with a path to carbon neutrality by 2050. Mark Nikolich, CEO of Braskem Ameri

Labrada Nutrition is proud to announce that their best-selling Lean Body protein shakes are now also available in recyclable plastic bottles! "Fueled by increasing demand from our convenience store customers, we are pleased to announce the introduction of our Lean Body protein shakes in recyclable plastic bottles. Same delicious taste, 40 grams of protein, and zero sugar!" Says founder and CEO Lee Labrada. Consumers can now find the same great-tasting Lean Body in t

Rockstart, global early-stage investor and accelerator, announces its co-investment in Biotic, a Rockstart Agrifood portfolio company. The € 2m round was led by Paseo Rosalez, UM6P Ventures, The Yield Lab Asia Pacific, Norfolk Green Ventures, Cambridge Agritech and TenNine.vc, alongside with Rockstart. The startup plans to use the funding to build a plant, optimize processes, and increase production capacity. Biotic envisions a world where plastic is no longer a concern. Their

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

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

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

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

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

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

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

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