Press Releases

Heartland and Ravago Americas have executed a joint development agreement to create the next generation of plastic resins. This collaboration aims to drive material innovation for companies that buy large volumes of plastic. Heartland’s hemp additives will help these manufacturers reduce the cost, weight, and carbon footprint of the raw materials they rely on every day. Ravago is one of the world's largest plastic recyclers, compounders, and distributors. Ravago and its su

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 entered into a definitive agreement to acquire Karl Etzel GmbH (“Etzel”) from the Schürrle family for approximately US$95 million (the “Etzel Acquisition”). Based in Muhlacker, Germany, Etzel was founded in 1976 and is a leading tier-1 and tier-2 s

PureCycle Technologies, Inc.  in partnership with EXPLR Media, announced an episode of EXPLR's upcoming "Everyday Science Stuff" original series, which will spotlight PureCycle's unique recycling process that uses proprietary technology to transform common plastic waste which would otherwise find its way into landfills or oceans into a versatile, sustainable recycled material. The episode – produced by EXPLR Media executives Kari Byron and Jenny Buccos &

KBR announced today that along with Mura, it has secured a contract for its breakthrough plastics recycling technology, Hydro-PRTSM, from LG Chem, Korea. Under the terms of the contract, KBR will provide technology licensing and engineering to implement the innovative and scalable Hydro-PRTSM technology at LG Chem's Dangjin plant. Hydro-PRTSM was developed by Mura and is licensed exclusively by KBR. Utilizing supercritical steam, this technology employs a unique patent

Fast-moving consumer goods (FMCG) is one of the industries that very much relying on plastics to support their dynamic activities and create trendy products in order to meet today’s evolving consumer preferences. FMCG, such as food and beverages, personal care products, over-the-counter medicines and so on, are sold quickly in large volumes and have short turnaround time, manufacturers need to be more creative in order to catch the attention of consumers in the midst of extreme competit

Sun Chemical has acquired SAPICI, a global leading company in high-performance polyurethanes for coatings, flexible packaging, industrial adhesives and more. With SAPICI, Sun Chemical reinforces its integrated supply strategy in the packaging market by adding capabilities to develop and produce unique polymers for the entire portfolio of inks, coatings, and lamination adhesives. The combined resources and technologies of DIC/Sun Chemical and SAPICI will provide a comprehen

In a partnership with WestRock and Grupo Gondi, Grupo Modelo is investing roughly 4 million dollars in the sustainable, fiber-based CanCollar® Eco solution in Quintana Roo, a Mexican state on the Yucatan Peninsula. The partnership aims to help advance the beer company’s sustainability goals by eliminating its use of plastic rings in Mexico. Grupo Modelo is the first company in the Americas to adopt the recyclable CanCollar® Eco technology, which will replace hard-to-re

Origin Materials, Inc., the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Mitsui & Co., Ltd. (“Mitsui”), a global leader in energy, machinery, chemicals, food, textile, logistics, finance, and more, today announced a strategic partnership to industrialize advnceda carbon negative materials. This strategic partnership aims to rapidly develop and industrialize new sustainable

Reports and Data has published its latest report titled "Thermoforming Plastic Market, By Plastic Type, By Thermoforming Type, By Parts Type, By Application, and By Region Forecast to 2028." According to the latest report by Reports and Data, the global thermoforming plastic market size was USD 36.58 billion in 2020 and is expected to reach USD 55.38 billion in 2028 and register a revenue CAGR of 5.3% during the forecast period, 2021-2028. Request a Sample Report

MPE Partners, a preferred partner for entrepreneur- and family-owned companies, announced the sale of Lighthouse Holdco, Inc., the parent company of Plastic Components, Inc. ("PCI" or "the Company") to Rosti US Corp., a subsidiary of Sweden-based Rosti Group AB ("Rosti") which has state-of-the-art production sites strategically located across Europe and Asia. Headquartered in Germantown, WI, with additional locations in Cary, NC and Clearfield, UT, PCI is an inno

Reportlinker.com announces the release of the report "Plastic to Fuel Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology and End Product and Geography" - https://www.reportlinker.com/p06195631/?utm_source=GNW Plastic waste has been a growing concern across the world in recent years. With a growing reliance on plastic, the practice of discarding plastic carelessly has become commonplace.Several waste-to-wealth methods have been created throug

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 entered into a definitive agreement to acquire dlhBOWLES, Inc. from MPE Partners (“MPE” or Morgenthaler Private Equity”) for approximately US$255 million (the “dlhB Acquisition”). Based in North Canton, OH, dlhBOWLES is a recognized leader in the