Press Releases

Repeats Group B.V., a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene ("LDPE"), today announced that it has made an investment in Daly Plastics ("Daly Plastics," "Daly" or the "Company"), a producer of recycled LDPE located in the eastern part of the Netherlands, near Apeldoorn. Financial terms of the transaction were not disclosed. Repeats is a portfolio company of Ara Partners ("Ara&quo

Orion Engineered Carbons, a specialty chemical company, today announced that it has added 100 million EUR to its senior secured revolving credit facility, which expands the company's facility to 350 million EUR. “In light of current volatility within the global energy markets, we feel it is prudent to increase our revolving credit facility. We believe this will cover our working capital needs up to an oil price of about $200 per barrel. We want to be proactively prepared f

LLFlex, one of the world’s leading suppliers of specialized packaging materials and industrial laminates, has named Thomas Bowden Chief Executive Officer and Tamra Koshewa Chief Financial Officer effective immediately. Both executives have extensive experience in manufacturing and packaging companies. Victor Dixon has been named Chief Commercial Officer to lead the sales and marketing teams and accelerate growth with both new and existing customers. Formerly CEO of LLFlex sinc

AMP Robotics Corp. (“AMP”), a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, continues to expand its presence in Europe to meet the demand for its AI and automation solutions and provide dedicated local support and service for the market. The company is exhibiting at IFAT 2022, May 30-June 3 in Munich, for the first time. AMP installed its first AI-guided robotics systems in the UK and Ireland with Recyco in September 2021 and has since

Nexeo Plastics, a leading global thermoplastics resin distributor, is pleased to announce an agreement with Highsun Engineering Plastics Co., Ltd., a subsidiary of Highsun Holding Group (also known as HSCC), to provide high-quality virgin polyamide resins to customers in the Americas. “The number of packaging and virgin polymer applications continue to increase across the globe, and we are pleased to add Highsun’s high-quality products to our list of solutions,” sa

As per the report published by Fior Markets, The global plating on plastics (POP) market is expected to grow from USD 537 million in 2019 to USD 1008.78 million by 2027, at a CAGR of 8.2% during the forecast period 2020-2027. North America is expected to dominate the market during the forecast period. The substantial growth of the consumer electronics industry in the region is expected to drive the market growth. The advancements in the technologies with the coming of IoT, virtual reality, an

Orion Engineered Carbons, a specialty chemicals company, announced today that it will complete its gas black expansion in Germany at plants in Dortmund and Cologne by early 2023. Orion is the only carbon black producer in the industry with gas black capabilities. Gas blacks, known for excellent dispersion and coloristics, are used in coatings, printing ink and other applications. “The expansion in Germany is core to our strategy to further strengthen our leadership i

2.7 million metric tons of plastic waste are generated in the Philippines each year with about 20 percent ending up in the ocean. An estimated 163 million pieces of single-use plastics known as multilayer sachets are consumed daily in the Philippines. Thanks to the generous new investment provided by Charter Next Generation, PLAF will continue to take on the challenge of collecting and recycling 100 tons per year of ocean-bound plastic waste over the next three years in the Philippi

According to Waste Sense, provider of independent waste management services Melbourne-wide, the Australian government and recycling industry has made a significant investment to improve recycling infrastructure and technologies aimed at increasing domestic recycling capacity. The regulations have been designed to ensure 70% of plastic waste is either recycled or composted by 2025. Waste Sense says this year's federal budget added an extra $60.4 million to the Recycling Modernisa

S&B Engineers and Constructors (S&B) signs a multi-year master service agreement to provide engineering, procurement and construction (EPC) services for New Hope Energy’s plastics pyrolysis unit. The initial project under this partnership is the expansion in Tyler, Texas. The expansion will add 420 metric tons per day of capacity to convert plastic waste to chemical feedstocks in the existing facility. This expansion will allow the Tyler plant to divert more than 300 million pou

Cleanroom Film and Bags (CFB), a division of C-P Flexible Packaging, has expanded its manufacturing footprint with a new solar-powered and ISO-certified facility in Placentia, California. This expansion allows the company to meet increased demand for high-quality, certified cleanroom packaging for a growing customer base, while remaining true to CFB’s 100% American-made commitment. The modernized facility features ISO-certified cleanrooms with environmental monitoring climate

As per the report published by Fior Markets, The global thermoplastic pipe market is expected to grow from USD 2.73 billion in 2019 to USD 4.14 billion by 2027, at a CARG of 5.3% during the forecast period 2020-2027. The Asia-Pacific region dominates the market because of high demand of thermoplastic pipe in chemical and other industries, followed by North America and Europe. Also, Middle East & Africa regions are predicted to have a healthy growth in the forecast years due to increasing