Press Releases

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

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

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

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

 Parallaxes Capital Management , the premier investment firm focused exclusively on monetizing Tax Receivable Agreements ("TRAs"), is pleased to highlight a notable development in the market as Graham Packaging Company, Inc. ("Graham Packaging") previously terminated its TRA. Graham Packaging had disclosed that, after its acquisition by Reynolds Group Holdings Limited ("Reynolds"), Reynolds made an aggregate cash payment of $245 million pursuant to

Footprint, a global materials science technology company focused on creating a healthier planet through design, development and advanced manufacturing of plant-based biodegradable, compostable and recyclable solutions to replace single- and short-term use plastics, and Gores Holdings VIII, Inc. (“Gores Holdings VIII”) (Nasdaq: GIIXU, GIIX and GIIXW), today announced strategic amendments to the terms of their previously announced definitive merger agreement (the “Merger Agree

Advanced Drainage Systems, Inc., a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries and the largest plastic recycler in North America, today announced plans to invest a total of approximately $65 million in Hilliard, Ohio, near the company's existing headquarters. This investment will fund the development of a nearly 110,000-square-foot industry-leading Engineering & Technology Center. "The ADS Engineeri

PEARL RIVER HOLDINGS LIMITED  is pleased to announce that the termination date for Pearl River’s joint venture, Guangzhou Rodman Plastics Company Limited (“GRPC”), which was established in the People’s Republic of China, has been removed pursuant to amended Articles of Association under laws of People’s Republic of China dated August 29 2022, ‎and a revised joint venture agreement dated August 29, 2022 between Pearl River’s indirect wholly owned su

BASF and Sulzer Chemtech have signed a Memorandum of Understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of

Harrington Industrial Plastics (“Harrington”) is pleased to announce the acquisition of Crist Group (“Crist”), in partnership with the company’s owner, Paul Crist. Headquartered in Woodland, CA, Crist is a leading specialty fabricator of critical fluid process components and assemblies with a focus on the semiconductor end market and applications in other markets including medical. Crist’s highly technical fabrication capabilities include infrared fusion we

Asahi Kasei, a diversified Japanese multinational company, will present its newest concept car AKXY2 for the first time in Europe at K 2022 from October 19-26 in Düsseldorf, Germany (Hall 8a, Booth E23). Utilizing a broad variety of materials and technologies, the vehicle showcases the company’s cross-divisional expertise throughout the entire value chain. Other highlights at this year’s booth will be innovative particle foams, bio-based filler materials and sustainable engin

Harrington Industrial Plastics is pleased to announce the acquisition of Crist Group (“Crist”), in partnership with the company’s owner, Paul Crist. Headquartered in Woodland, CA, Crist is a leading specialty fabricator of critical fluid process components and assemblies with a focus on the semiconductor end market and applications in other markets including medical. Crist’s highly technical fabrication capabilities include infrared fusion welding, hot gas welding, ult