Press Releases

Footprint, a global materials science technology company focused on creating a healthy planet, today announced it has awarded five customers with an annual Ocean Hero Award, and two honorees. The awards celebrate businesses leading by example to eliminate single-use and short-term-use plastic. Award recipients were honored during an award ceremony at Footprint’s fourth annual Sustainability Summit, Champions of Change, which brings together sustainability leaders and Footprint customers

TotalEnergies and Honeywell today announced a strategic agreement to promote the development of advanced plastic recycling. Under this agreement, Honeywell will agree to supply TotalEnergies with Recycled Polymer Feedstock (RPF) using Honeywell’s UpCycle Process Technology at the recently announced Honeywell and Sacyr advanced recycling plant, intended to be built in Andalucía, Spain. TotalEnergies will purchase and convert this raw material into virgin-quality polymers, which co

 rePurpose Global, the world's leading Plastic Action Platform is now creating environmental impact in collaboration with 100 personal care brands based in over 15 countries. On behalf of this coalition, the social enterprise is removing 4127 tons of plastic waste every year, the equivalent of 208 million plastic bottles or 1.8 billion plastic bags in weight. The brands partnered with rePurpose Global are tackling the pressing issue of plastic pollution globally by going plastic neut

The plastics industry in Malaysia is on its growth path despite the challenges posed by the coronavirus pandemic. Forecast has been optimistic, with the Malaysian plastics market projected to register an annual growth of 3% for the period 2021-2026, according to Mordor Intelligence.  Major drivers for growth are sectors such as food and beverage packaging, consumer products, electronics and construction. According to the report, packaging accounts for the largest application se

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at LANXESS Corporation, USA effective July 1, 2022 after a brief work-in period. He has been Region Head, Vice-Chairman & Managing Director for LANXESS India Private Limited since August 2018 and has also been an Executive Director since 2009. He has held senior management positions in the last 16 years with the organization. Headquartered in Shelton, CT in the US, the Busines

The Edison Awards globally recognizes, honors and fosters innovators and innovations that positively impact the world. As a 2022 Edison Award Finalist iMFLUX is thrilled to be included among this elite group of finalists recognized for excellence in innovation. Specifically, Auto Viscosity Adjust was nominated in the category of Sustainability and will medal in the Plastic Upcycling during the gala event, April 20-22, 2022. Hosted by journalist Miles O’Brien from PBS NewsHour,

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 Anviplas S.L. ("Anviplas" or the "Company"), a producer of recycled LDPE located in the Catalunya region of Spain. Terms of the transaction were not disclosed. Repeats is a portfolio company of Ara Partners ("Ara"), a global private equity firm focused on industrial

Logitech International announced today that it has exceeded its commitment to incorporate post-consumer recycled (PCR) plastic into products, reducing its carbon impact and increasing the circularity of consumer product materials and ingredients. Logitech’s Creativity and Productivity portfolio, the company’s largest product portfolio, uses PCR at scale with 65% of all mice and keyboard units now including PCR plastic, surpassing its 50% commitment made in 2020. Logitech

Honeywell today announced that it has introduced a new solution for producing renewable naphtha for petrochemical production using the commercially proven Honeywell UOP Ecofining™ technology.  The new pathway can produce high yield of naphtha from sustainable feedstocks like used cooking oil and animal fats. Naphtha is a valuable petrochemical feedstock used in the production of plastics, specifically olefins that are building blocks for other chemicals and aromatics that

Origin Materials, Inc., the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and the Green Chemistry Division of the Minafin Group (“Minafin”), a global specialty chemical company, are entering into a strategic partnership to industrialize high-value specialty materials based on Origin’s carbon-negative materials. The partnership includes multiple collaboration areas and is an im

Kaneka Corporation has decided to significantly increase production capacity for KANEKA Biodegradable Polymer Green Planet™ (referred to below as "Green Planet™") in Japan. Plastic pollution has become a widespread problem with single-use plastics being banned in many places around the world. In Japan, as well, the Act on Resource Circulation for Plastics, slated to go into effect in April of this year, will mandate a reduction in single-use plastics. Green Pla

Braskem S.A., the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced its investment in Nexus Circular LLC ("Nexus"), a commercial leader in advanced recycling that converts landfill-bound plastics into circular feedstocks used in the production of sustainable virgin plastics.   Mark Nikolich, CEO, Braskem America, stated, "At Braskem we have a clear, long-term vision