Press Releases

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

NewCo Plastics (“NewCo”), a portfolio company of White Wolf Capital (“White Wolf”), is pleased to announce the acquisition of PM Mold Company (“PM Mold”). Based in Schaumburg, Illinois, PM Mold is a highly regarded vertically integrated manufacturer of custom plastic injection molded parts and custom molds. For nearly sixty years, PM Mold has provided a comprehensive suite of manufacturing services from product design to final shipment for its cus

Eastman has announced an agreement with Ethicon*, a Johnson & Johnson MedTech** Company, to source Eastman Renew materials for its medical device sterile-barrier packaging. This is an important step to help reduce waste in the healthcare system and contribute to a more circular future. With this agreement, Ethicon becomes the first healthcare company to use medical-grade Eastman Renew materials in its product packaging. "The companies worked closely to chart a path toward c

Amcor, a global leader in developing and producing responsible packaging solutions, was represented today by David Clark, vice president Sustainability at Amcor, at the Global Plastics Summit in Chicago. Clark presented as part of the Keynote Panel entitled, "State of the Global Plastics Market – Producer and Processors Perspective". The panel consisted of senior leaders in the chemical industry who discussed their perspectives on major issues confronting the industry, includi

Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, announces Royalite® thermoplastic sheet provides permanent protection against electrostatic discharge (ESD). This product line features several material chemistries for manufacturing everything from shipping containers for sensitive software chips and aviation fuel caps to temporary floor material used during avionics assembly. Spartech's most popular thermoplastic ESD sheet, Royali

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

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

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

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,