Press Releases

Orion Engineered Carbons, a specialty chemical company, today announced that the company will release its third quarter 2022 results after the market closes on Thursday, November 3, 2022, to be followed by a conference call on Friday, November 4, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at th

Hillenbrand, Inc. announced today it has completed the acquisition of LINXIS Group from IBERIS INTERNATIONAL S.À R.L, an affiliate of IK Partners, and additional sellers, for total aggregate consideration of €596.2 million, reflecting an enterprise value of approximately €572 million plus cash acquired at closing. "The completion of the LINXIS Group acquisition marks a clear step forward in the execution of our strategy to grow as a world-class industrial compa

For some time now, bioplastics have been used for more than just garbage bags or mulch films: Biopolymers are increasingly found in durable high-performance products, for example in demanding automotive applications, casings for the electronics industry or materials for the construction industry. Biodegradability is often an advantage, for example for packaging films, disposable tableware or medical implants. By now, however, "bio" versions are available for virtually all types and

IPACKCHEM Group announced it has acquired a majority stake in TPG Plastics LLC (“TPG”), a leading manufacturer of engineered plastic blow molded products, to bring IPACKCHEM’s Advanced In-Mold Fluorination technology (“Advanced IMF”) to North America, with an initial focus on the crop protection market for the 2023-24 growing season. Founded in 1987, IPACKCHEM is a leading global supplier of innovative and specialized barrier packaging solutions that se

Mitsui Chemicals, Inc., and Mitsui Chemicals Europe GmbH  will exhibit at K2022 – the World’s No.1 Trade Fair for Plastics and Rubber as the Mitsui Chemicals Group. The event is scheduled to be held from October 19–26, 2022 in Düsseldorf, Germany. At the trade fair, under the slogan “Feel Good Chemistry for a sustainable world”, the Mitsui Chemicals Group will present innovative materials and solutions that contribute to the circular

Canada Plastics Pact (CPP) is pleased to welcome six new Partners in Q3 of 2022 who are uniting under the CPP’s shared action plan to build a circular economy for plastics packaging in Canada. New CPP Partners includes reusable packaging borrowing services, a manufacturer in stretch film products, a leading independent research organization, a non-governmental organization working to eliminate plastic pollution in Canada, and an organization working to lead Canada’s dire

When the Director of Additive Manufacturing Dr. Eduardo Barocio joined Purdue close to a decade ago, he wanted to make a meaningful impact on the industry, and understood that the emerging technology had its own unique set of challenges. On October 19th, at CAMX in Anaheim, CA, Eduardo, alongside Techmer PM’s Anthony Fiorini, will be discussing a revolutionary simulation workflow designed to help companies reduce development time/cycles, reduce wasted material, and improve the physical

Chevron Phillips Chemical Company LLC today announced the appointment of Darren Ercolani as senior vice president and chief financial officer, effective Oct. 1. Ercolani will succeed Carolyn J. Burke, who has resigned from the company effective Sept. 30. He will continue to report to Bruce Chinn, president and CEO. Ercolani, currently senior vice president, business transformation, has 30 years of industry experience and joined Chevron Phillips Chemical from Phillips Petroleum (now

The global thermoformed plastic products market stands at US$ 13.5 Bn as of now and is expected to reach US$ 22 Bn by the year 2032 at a CAGR of 5%. Plastic products made out of thermoforming process are termed as “thermoformed plastics”. The process makes use of plastic molding techniques like pressure forming and vacuum for shaping the plastic. Increasing applications in domains include packaging, healthcare, electrical & electronics, automotive, and likewise. Easy

Innovia Films has developed a high yield, semi-solid, glossy white BOPP film, Rayoface™ JB. This 47 micron film, designed for pressure sensitive labelling (PSL) applications, combines some of the advantages of cavitated and solid films into a semi-solid film. JB47 has a coating receptive surface to allow customers to add their own printable top coat and has EU and FDA food compliance. Rayoface™ JB is particularly suitable for use within a wide range of market segments su

Fuwei Films (Holdings) Co., Ltd., a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that an Extraordinary General Meeting of Shareholders (the "EGM") was held on September 24, 2022, at 10:00 a.m. (Beijing Time) at Fuwei Films (Shandong) Co., Ltd., No. 387 Dongming Road, Weifang, Shandong, China. Holders of approximately 70.5% of the Company's outstanding shares, as of the record date, August 22, 2022, were present in person or

Interzero and Eastman announced a long-term supply agreement for Eastman's previously announced molecular recycling facility in Normandy, France. Interzero will provide up to 20,000 metric tonnes per year of hard-to-recycle PET household packaging waste that would otherwise be incinerated. Interzero Plastics Recycling, as part of Interzero, is an innovation leader in plastics recycling with the largest sorting capacity in Europe and many years of experience. Headquartered in Ger