Press Releases
Singapore-based PCX Markets has today launched the world's first online platform for purchasing certified plastic credits from multiple providers. The platform is a commercial plastic credit marketplace bringing together partners from around the world on a mission to stop the flow of plastic waste into nature. PCX Markets will work closely with the established non-profit arm of the business, PCX Solutions, to give companies the opportunity to meet country-specifi
Read more...Avient Corporation , a leading provider of specialized and sustainable solutions, today announced it has finalized the debt financing to fund its pending acquisition of DSM Protective Materials (including the Dyneema® brand) ("Dyneema"), which is expected to close on September 1, 2022. The company has priced $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the S
Read more...Origin Materials, Inc. the world’s leading carbon negative materials company, and ATC Plastics LLC (“ATC Plastics”), a leading global manufacturer of black color concentrates, today announced a strategic partnership to bring sustainable carbon-negative carbon black made using Origin Materials’ patented technology platform to the plastics Industry. As part of the partnership, ATC Plastics has agreed to purchase Origin’s sustainable carbon black. Origin&r
Read more...27 July 2022
AACC 2022 Open Lab Solutions, Inc., is announcing the formation of a new division, AMCAR Scientific, that will focus on an expanding product line of plastic consumables used in the medical industry. OLS is exhibiting within booth #3257 at the 74th American Association for Clinical Chemistry Annual Scientific Meeting and Clinical Laboratory Exposition at the McCormick Place Convention Center in Chicago, July 24 – 28th. Medical Consumables Manufacturing
Read more...M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, announced that it has obtained Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) compliance for its proprietary Mtegrity™ line of materials. The certification granted by the European Chemicals Agency (ECHA) ensures that M. Holland’s European customers can be confident that their materials are compliant with EU regulation. This level of certification p
Read more...25 July 2022
Itero Technologies, chemical recycling technology provider, has received a €6m investment, with €5m from Infinity Recycling's Circular Plastics Fund (CPF), to support the design and construction of Itero's first at-scale demonstration plant located at the Brightlands Chemelot Campus, Geleen, NL. The plant will be able to process 27,000 tonnes of residual plastic waste annually, equivalent to the total amount of plastic packaging waste generated by the population of
Read more...25 July 2022
Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Intertex World Resources, Inc. (“Intertex”), a leading value-added distributor of synthetic rubber, carbon black, process oils and rubber chemicals, today announced a strategic partnership to bring sustainable carbon-negative carbon black made using Origin Materials’ patented technology platform to the ru
Read more...22 July 2022
Reducing use of virgin plastics is a key goal of packaging sustainability efforts, and leading US packaging suppliers including Amcor and Berry Global are showing dedication to these trends by participating in the Ellen MacArthur Foundation New Plastics Economy Global Commitment and similar pledges. While some companies are exploring ways to fulfill such pledges by making plastic more eco-friendly - such as by improving recyclability or increasing use of recycled content - 
Read more...Highview Capital LLC today announced the sale of its portfolio company, American Plastics LLC, a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. American Plastics was formed by Highview and Victory Park Capital Advisors, LLC (“Victory Park”) through the initial acquisition of the assets of Katy Industries, Inc. in 2017 and the subsequent strategic merger in 2018 with Creative Plastic Concepts and Centrex P
Read more...21 July 2022
Reducing use of virgin plastics is a key goal of packaging sustainability efforts, and leading US packaging suppliers including Amcor and Berry Global are showing dedication to these trends by participating in the Ellen MacArthur Foundation New Plastics Economy Global Commitment and similar pledges. While some companies are exploring ways to fulfill such pledges by making plastic more eco-friendly – such as by improving recyclability or increasing use of recycled content
Read more...Carbios , a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers, announces the publication of an article entitled “An NMR look at an engineered PET depolymerase” in the scientific journal Biophysical Journal. The scientists at Carbios and at the Company’s renowned academic partner, The Toulouse Biotechnology Institute (TBI) are at the forefront of enzymatic research and innovate every day in order to optimize the end
Read more...15 July 2022
For the first time in history, humans now have plastic in their blood which could pose a health risk that may be irreversible. And yet, global production of plastic is set to double by 2030 meaning the planets plastic crisis is set to worsen dramatically unless we all work together to create solutions and change our habits. Le Good Society is a UK-based organisation committed to arts and activism. For the third year, Le Good is assembling a group of talented artists to raise awarene
Read more...