Press Releases

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

H.I.G. Capital, a leading global alternative investment firm with over $49 billion of equity under management, is pleased to announce that one of its affiliates has completed the acquisition of Pixelle Specialty Solutions Holding LLC (“Pixelle” or the “Company”). Headquartered in Spring Grove, PA, Pixelle is a leading provider of fiber-based specialty solutions in North America. Pixelle owns and operates four industry-leading specialty paper mills located in

TotalEnergies and New Hope Energy today announced a commercial agreement under which New Hope Energy will build an advanced recycling plant in Texas to transform end-of-life plastic waste into a recycled feedstock that TotalEnergies will partly purchase and convert into virgin-quality polymers, which can be used for food-grade packaging. The New Hope Energy plant is expected to start production in 2025 and will use a patented pyrolysis technology that was developed in partnership wi

The worth of global polyethylene terephthalate market stood at US$ 31.45 Bn in 2020. The global market is likely to rise at a CAGR of 5.8% during the forecast period, from 2021 to 2031.The global polyethylene terephthalate market is anticipated to attain valuation of US$ 58.47 Bn by 2031. The global polyethylene terephthalate market is expected to recover due to strict government environmental laws and rising consumption for thermal insulation products. In order to diversify sources of revenu

Tosaf, Inc., a leading global developer and manufacturer of additives, compounds, and color and white masterbatches for the plastics industry, today announced the completion of additional capital investments in its Bessemer City, N.C. plant. The latest commitment of $2 million for a silo system and additional extruders brings the company’s total investment in the facility to more than $20 million. The silos were installed to take advantage of a rail spur that serves the plant.

The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced its participation leading a three-year recycling research project in collaboration with industry, academic, and government experts to develop an efficient, cost-effective, and more sustainable process for recovering titanium dioxide (TiO2) and polymers from plastic end-use products. The initiative, dubbed Re

LG Chem announced that it has developed a new plastic product for battery application that is capable of preventing the spread of flame in batteries, delivering the longest fire-resistance performance in the world. LG Chem’s flame-retardant engineering plastic product is able to prevent the spread of flames, thanks to the company’s proprietary technology and manufacturing methods. The new advanced flame barrier product created by LG Chem is a highly functional engineerin

Hoffmann Neopac, a global provider of high-quality packaging for pharma, beauty and oral care, has "capped off" its commitment to reducing plastics in its tube designs. The company has introduced Eco-Stripped Tube, which combines a significantly reduced sleeve wall thickness with a comparable materials reduction in the shoulder and cap. The result is a 30% reduction in overall virgin materials without sacrificing product protection, haptics or esthetics. For cosmetics and

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $49 billion of equity capital under management, is pleased to announce that it has signed an agreement to sell its portfolio company Valtris Specialty Chemicals (the “Company” or “Valtris”) to an affiliate of funds managed by SK Capital Partners (“SK Capital”). Valtris is a leading manufacturer of specialty polymer additives and specialty chemicals for a

Successfully creating sustainable and recyclable packaging starts during the design phase: The right choice of adhesive significantly influences what can be done with the package at the end of its primary use. With its RE range of adhesives and coatings designed for recycling, Henkel enables packaging to go beyond current functionalities – to create flexible packaging that has recyclability “built in”. Products in this range must fulfill stringent external testing requiremen