Press Releases

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

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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

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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

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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

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Duro, a Novolex brand, has earned the Biodegradable Products Institute (BPI) certification for numerous products in its Dubl Life® line of paper bags and sacks. The products are among the first on the market to receive this leading certification, further expanding the portfolio of certified compostable products offered by Novolex. In another first, the bags will also feature the How2Compost® and How2Recycle® labels, which inform consumers of how to dispose of the packagi

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CRDC Global, with support from the Alliance to End Plastic Waste (Alliance), today announced the opening of a new factory capable of converting difficult-to-recycle plastic waste into an innovative new concrete additive called RESIN8™. The facility, the first in the US and the second of its kind in the world, uses a proven and propriety process to transform York's unwanted plastic waste into RESIN8 at a rate of approximately one ton of plastic per hour. City of York Mayor

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Green-tech start-up Melodea, Ltd., producer of sustainable barrier coatings for packaging, announces plans to expand its eco-friendly solution to the U.S. market. The move is set to support increased production capacity of its novel, plastic-free, plant-based barrier coatings to serve the burgeoning U.S. and South American markets. Melodea will showcase its portfolio of products at the PackExpo exhibition in Chicago on October 23-26th, Booth #27075. One of the greatest strains on th

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Creating a circular economy is an essential sustainability target for stakeholders across the plastic value chain. Conventional mechanical recycling methods are necessary, but given the inferior product properties, this downcycling will only go so far; this is where chemical recycling and dissolution processes enter the picture. Chemical recycling attracts both notable critics and strong supporters, but the commercial momentum is building. IDTechEx has launched a new market report providing a

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Asahi Kasei Plastics Singapore Pte Ltd (APS), a wholly owned subsidiary of Asahi Kasei, a diversified Japanese multinational company, acquired the widely recognized international certification ISCC PLUS1 for its polyphenylene ether (PPE) as a sustainable product on September 19, 2022. Production of PPE using biomass-derived raw material is scheduled to begin in January 2023. PPE is an engineering plastic that is blended with other resins such as polystyrene and polyamide to form mod

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Drake Plastics, a global supplier of machinable semi-finished high-performance plastics, will exhibit several unique products at K2022. The world's largest plastics industry expo is held in Düsseldorf, Germany, October 19 – 26. "We serve high technology industries globally with our advanced polymer rod, plate and tube products, many developed by our R&D team," said Steve Quance, President of Drake Plastics. "Our growth in these materials has been st

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KBR announced today that it has won a contract from GS Caltex for its planned plastics circularity project in South Korea. Based on KBR and Mura's Hydro-PRT® process, the 50 kTA unit will convert waste plastics into raw materials for conversion into new plastics, achieving total circularity. "We are thrilled to support GS Caltex in their effort to integrate circularity in their value chain," said Doug Kelly, KBR President, Technology. "Hydro-PRT is p

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Myers Industries, Inc., a customer-centric innovator of engineered plastics solutions for over 85 years, is featuring products from their complete materials handling segment portfolio at Pack Expo, October 23-26, 2022, in Chicago, Illinois. Attendees will be able to validate the performance of in-demand Intermediate Bulk Containers (IBC), high-value storage and handling containers, and bin-matched industrial shelving for use in the reusable packaging market. Jim Gurnee, Myers’

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