Press Releases

Aptar and PureCycle are working to determine the right material combination to create hinged closures for food, beverage and cosmetics applications made with UPR. Recently, Aptar converted prototype material from the PureCycle Feedstock Evaluation Unit into multiple colors of hinged closures with performances similar to conventional resin for food, beverage and cosmetic applications. Industry collaboration is essential to achieve a more circular economy, which is why Aptar works wit

Encore Container, a leader in the plastic drum and IBC tote industry, recently announced the company is diversifying its product portfolio to serve new customers in new markets—starting with the production of 77-gallon plastic drums in January and continuing with additional expansions later this year. “We are leveraging our deep expertise in manufacturing and reconditioning plastic containers, as well as our reputation for quality products and fast delivery, as we look a

Klockner Pentaplast (kp), a global leader in recycled content products and high-barrier protective packaging, has chosen its production facility in Beaver, West Virginia for its multi-million dollar production expansion, adding post-consumer recycled content (PCR) PET capacity in North America. This expansion will further grow kp’s sustainable innovation offering in consumer health, pharmaceutical, and food packaging markets through the addition of an extrusion line and two th

Celanese Corporation, a global chemical and specialty materials company, today announced the completion of the restructuring of Korea Engineering Plastics Co. (KEP), a joint venture owned 50 percent by Celanese and 50 percent by Mitsubishi Gas Chemical Company, Inc. (MGC), as previously announced in December 2020. KEP will now focus solely on manufacturing and supplying high quality products to its shareholders, who will independently market them globally and without competitive res

Orion Engineered Carbons, a leading global supplier of specialty and high-performance carbon black, announced today that effective for all shipments made on or after April 1, 2022, or as permitted by customer contracts, the company is changing its carbon black oil surcharge and introducing a natural gas charge on all rubber carbon black products manufactured in Europe. Due to changes in feedstock availability, quality and logistics, the company considers it necessary to adjust its c

Knowlton Development Corporation, the trusted global provider of innovative end-to-end solutions for beauty, personal care, and home care brands, today announced that KKR, a leading global investment firm, has made a significant investment to support its continued strategic growth. Cornell Capital will remain the Company’s largest shareholder and the existing investor group, including CDPQ, will remain in place as owners of kdc/one. The Company also announced the acquisition of Aerofil

In partnership with Smart Plastic Technologies, Sigma Stretch announced today they are expanding the production of Sigma Stretch VANISH, powered by SPTek ECLIPSE™ bio-assimilation technology, to all five production facilities across North America. The initial launch of this product, which was rolled out to selected Sigma Stretch distributors in late 2021, generated tremendous interest from brand owners who wanted to take action towards their sustainability goals. Switching to Sigma Stre

Igloo Coolers proudly announces the company has set a cumulative goal to recycle 30 million post-consumer plastic bottles by 2025. On a mission to become the most environmentally friendly cooler company on Earth, Igloo has created a sustainability category with several eco-focused products. “Igloo set out to become the most environmentally friendly cooler company on Earth in 2019 when we first created RECOOL, the world’s first biodegradable cooler. Since then, we have mo

CBD Global Sciences, Inc., dba Global Sciences Inc. is pleased to announce that it has executed a binding letter of intent with Pure Vision Technology LLC for the acquisition of 100% of Pure BioPlastics Inc., a company in Ft. Lupton, Colorado (the “PBP”). With the acquisition of Pure BioPlastics Inc., the Company will create a Bio-Based Technologies Division, run by Ed Lehrburger, who is a PBP founder and a principal of PBP’s parent company, PureVision Technology L

ICIS, a global source of Independent Commodity Intelligence Services, announces a new pricing service for recycled polyethylene (R-PE) in Asia. The new weekly pricing service offers benchmarkable pricing and valuable intelligence to help traders make effective buying and selling decisions and bring transparency into contract negotiations. Recycled plastics markets remain complex. The new pricing service provides a complete view of R-HDPE and R-LDPE markets and shines a light into an

PureCycle Technologies, Inc. will break ground on its second U.S. plastic waste purification facility in Augusta, Georgia, which will enable PureCycle to expand production of its ultra-pure recycled (UPR) resin. Initial construction activities will begin immediately following the groundbreaking ceremony. This facility, located in Augusta Corporate Park, is designed to transform No. 5 plastic waste into a sustainable material that can be used to make products consumer use on a regula

Braskem, the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announces today the expansion of its 3D printing product portfolio to include polyethylene (PE) and glass fiber reinforced polypropylene (PP) filaments. Braskem's PE and glass fiber reinforced PP filaments are easier to print, have less warpage, minimal shrinkage, and better interlayer adhesion than other comparable products on the market.