Press Releases
Intertape Polymer Group Inc. announced that it has entered into a definitive agreement to be acquired by an affiliate of Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”). Under the terms of the agreement, Clearlake will acquire the outstanding shares of IPG for CDN$40.50 per share in an all-cash transaction valued at approximately US$2.6 billion, including net debt. This represents a premium of approximately 82% to the closing price of IPG commo
Read more...9 March 2022
AMP Robotics Corp., a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, has extended its partnership with Evergreen, one of North America’s three largest producers of food-grade recycled polyethylene terephthalate (rPET). Evergreen, which has grown through acquisitions to four locations across North America from its original facility in Clyde, Ohio, now has 15 of AMP’s robotic sorting systems guided by artificial intelligence installed or planned ac
Read more...Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, is pleased to announce that Greg Brunson has joined the Spartech team as Plant Manager of the former Crawford Industries plant in Thomasville, Georgia plant. Spartech recently acquired Crawford Industries, leading producer of graphic-quality polyethylene and polypropylene sheet and the industry leader in printing and converting for 50 years. In his new role that will encompass supervisory r
Read more...Quadion LLC, operante come Minnesota Rubber and Plastics (MRP), prestigioso fornitore di soluzioni elastomeriche e termoplastiche altamente ingegnerizzate destinate ai clienti finali dei settori dei dispositivi medici e idrico e segmenti specialistici del settore industriale, ha annunciato in data odierna di aver acquisito Primasil Silicones Ltd. (Primasil), azienda impegnata nella compoundazione, miscelazione e produzione di gomme siliconiche su misura con sede a Weobley, Regno Unito, per i
Read more...7 March 2022
AMP Robotics Corp.a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, has extended its partnership with Evergreen, one of North America’s three largest producers of food-grade recycled polyethylene terephthalate (rPET). Evergreen, which has grown through acquisitions to four locations across North America from its original facility in Clyde, Ohio, now has 15 of AMP’s robotic sorting systems guided by artificial intelligence installed or planned acro
Read more...ABC Technologies Holdings Inc. a leading manufacturer and supplier of custom, highly engineered technical plastics and lightweighting innovations to the global automotive industry, today announced that it has completed the previously announced acquisition of a majority interest in Karl Etzel GmbH (“Etzel”) from the Schürrle family for cash consideration of approximately US$95 million (the “Etzel Acquisition”). Based in Muhlacker, Germany, Etzel was
Read more...4 March 2022
H.B. Fuller Company, a leading global adhesives provider, announced that they have recently joined the 4evergreen alliance, a cross-industry alliance hosted by the Confederation of European Paper Industries (Cepi) to improve the circularity of fiber-based packaging. The initiative brings together a diverse network of around 90 organizations and stakeholders throughout the packaging value chain to push for innovation throughout the sector and develop robust, fact-based guideline
Read more...4 March 2022
X2F, the developer of a transformative plastics processing technology, has added a rotary table which reduces cycle times and opens up higher-volume production for its controlled viscosity molding machine. The rotary table enables X2F to reach production volumes of up to four million parts per year, depending on the cycle time, for the manufacture of critical components in the electronics, automotive, industrial, and medical industries. “Our technology enables the manufacture
Read more...3 March 2022
TriMas announced that it has acquired Intertech Plastics (“Intertech”), an innovative solutions provider of complex, precision injection molded components, expanding its product portfolio and capabilities for applications in the medical end market. Intertech will become part of TriMas Packaging, effective immediately. Intertech, founded by Noel Ginsburg in 1980, consists of two manufacturing facilities located in Denver, Colorado, which specialize in custom injection mol
Read more...3 March 2022
According to the report "Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High-Performance Plastics), Application and Region (APAC, North America, Europe, MEA, South America) - Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 66.7 billion by 2026, at a CAGR of 10.8% from USD 40.0 billion in 2021. Download PDF Brochure: https://www.marketsandmarkets.com
Read more...2 March 2022
Nexeo Plastics, a leading global thermoplastics resin distributor, has announced an agreement with Earth Renewable Technologies, Inc. (ERT), a biotechnology company, to distribute ERT’s BioCompounds in Canada and the United States. “We are extremely pleased to collaborate with ERT to increase the slate of sustainable products we offer our customers,” said Arturo Hoyo, Nexeo Plastics’ Vice President of Product Line Management. “ERT’s BioCompounds c
Read more...ABC Technologies Holdings Inc., a leading manufacturer and supplier of custom, highly engineered technical plastics and lightweighting innovations to the global automotive industry, today announced that it has completed the previously announced acquisition of dlhBOWLES, Inc. (“dlhBOWLES”) from MPE Partners (“MPE”) for cash consideration of approximately US$255 million (the “dlhBOWLES Acquisition”). Based in North Canton, OH, dlhBOWLES is a leading
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