Press Releases

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

 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

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

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

Bausano, an international leader in the design and production of customized extrusion lines for the transformation of plastic materials, today announced a major investment to expand its R&D and pilot testing department at its headquarters in Italy. To be fully operational in the fall, Bausano’s additional testing laboratory will feature state-of-the-art technology systems for performing a wide and diverse range of preliminary chemical and physical tests and analyses using Bausano ex

COMPAX is celebrating 25 years of manufacturing and global packaging supply by releasing the first-ever, fully recyclable, all plastic airless pump tube in the US market. Conventional airless pump tubes contain a metal spring and are not recyclable unless they are disassembled. "COMPAX believes that those of us in the packaging industry are responsible for making smarter investments in sustainable business practices," said Dennis Devine, co-founder at COMPAX. "That

Global storage, home décor and organizational products company iDesign announced today a new product line made in collaboration with New York Times bestselling author and YouTube star Rosanna Pansino available exclusively at The Container Store . The Rosanna Pansino Collection by iDesign includes clear storage bins, canisters, mixing bowls, turntables, a cake dome, and more. The products are made of sustainable materials including 100% recycled clear plastic, bio-filled recycled plasti

Biomerics, the leading vertically integrated medical device contract manufacturer in the interventional device market, announced the acquisition of Dependable Plastics and creation of a new division -- Biomerics Interventional Medical Plastics (IMP) Division. Biomerics' IMP Division with operations in Fairfield, California, and Salt Lake City, Utah is a full-service plastics component supplier to the interventional device market with a focus on robotic-assisted surgery. Founded

Trinseo, a specialty materials solution provider, announced that it has been working with CEDAP, an expert in plastic film extrusion and thermoforming, to provide food contact compliant recycled polystyrene (rPS) for the yogurt cups of the French brand Les 300 Laitiers Bio since April 2022. The brand is a holding of Eurial Ultra-Frais, the European agricultural cooperative. The material used for the application is Trinseo’s STYRON™ CO2RE™ CR55 Polystyrene Resin tha

Specialty chemicals company LANXESS has completed the acquisition of the microbial control business unit of the U.S. group International Flavors & Fragrances Inc. (IFF). With the closing of the transaction which was announced in August 2021, LANXESS has become one of the world’s largest suppliers of microbial control products. The specialty chemicals company is significantly increasing its portfolio of antimicrobial active ingredients and formulations for material protecti

To help advance their commitment of achieving 100% packaging that can be recycled, repurposed, or reused, McCormick is joining with packaging and plastics industry leader, Berry Global (NYSE: BERY). The collaboration leverages Berry's expertise and access to mechanically recycled polyethylene terephthalate (rPET). The new McCormick Assorted and Neon Food Color bottles are made from 100% post-consumer recycled (PCR) plastic and will begin appearing on shelves across North America this mont

Carbios , a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers, has signed an agreement with On, Patagonia, PUMA, and Salomon, to develop solutions that will enhance the recyclability and circularity of their products. An important element of the two-year deal will be to speed up the introduction of Carbios’ unique biorecycling technology, which constitutes a breakthrough for the textile industry. Carbios and the four