Press Releases

Carbios , a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers and the European Investment Bank (EIB) announced today the signing of a €30 million loan agreement supported by the European Commission InnovFin Energy Demonstration Programme. The aim of this type of financing is to support high potential innovative projects developed by companies aiming to achieve transformative changes aligned with the EU Climate goals a

TriMas today announced that it has closed the acquisition of Omega Plastics (“Omega”), a manufacturer of custom components and tooling for medical, as well as industrial applications, adding to TriMas’ Packaging group. Omega leverages its core injection molding capabilities, ISO Class 8 clean room and advanced in-house tool making capabilities, to provide its customers a faster product development cycle, from prototype development, testing and validation, to short

KYOCERA Corporation  today unveiled its HAPTIVITY® i human-machine interface (HMI) technology — a hybrid innovation combining its patented HAPTIVITY® touch technology with IMSETM, a patented 3D injection-molded structural electronics technology from TactoTek Oy (CEO: Jussi Harvela). The result lets designers create HMI solutions in a vast range of 3D shapes, with thinner form factors, fewer components, improved vibration resistance, and significantly reduced weight. Additio

The growth of the global plastic recycling market is primarily supported by the growing plastic production & demand. Increasing use of lightweight plastic components and awareness of plastic's negative effects on the environment are also driving the market. Furthermore, consistent support from the government and increasing penetration of recycled plastic products is presenting lucrative opportunities for the global plastic recycling market across the globe… A study, r

Chevron Phillips Chemical announced today plans to expand its propylene business with a final investment decision for a new C3 splitter unit. The unit’s location will be in Baytown, Texas, within the company’s Cedar Bayou facility. Its expected capacity is 1 billion lbs./year with targeted start up in 2023. The company chose S&B Engineers and Constructors to engineer, procure and build the project. Site construction activities will commence in January 2022. At its peak, the pr

Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, is pleased to receive the International Sustainability and Carbon Certification (ISCC) PLUS certification to produce ISCC Plus Certified renewable styrenic block copolymers (SBC) at their Berre, France facility. ISCC PLUS certification is a globally-recognized system that provides traceability of recycled and renewable-based materials acr

Empowered Ventures, an employee-owned holding company based in Carmel, IN, is pleased to announce the acquisition of Paramount Plastics (Paramount), a custom plastics thermoforming company that serves the recreational vehicle, marine, and specialty vehicle industries. Founded by the Prugh & Lim family in 1982 and based in Elkhart, Indiana, Paramount has been an innovator, winning multiple design awards and developing unique, non-commodity products. Paramount differentiates itsel

Trinseo, a global materials solutions provider and manufacturer of plastics and latex binders, announced that its flagship STYRON™ Polystyrene Resins, MAGNUM™ ABS Resins, and TYRIL™ SAN Resins now are available with renewable content. These materials combine fossil-based polymers with renewable raw materials according to a mass balance process, resulting in a bio-attributed composition from 80 to 95 percent. STYRON™ CO2RE™ BIO Polystyrene, MAGNUM™

Intercontinental Exchange, Inc., a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first ethylene futures contracts on December 13. Designed for participants who need to manage their exposure to ethylene price risk from the U.S. Gulf Coast to Asia, the two cash settled futures contracts are based on ethylene price assessments by ICIS. The ICIS CFR NE (northeast) Asia ethylene assessment and the ICIS CFR SE (southeas

Nexeo Plastics announced that it will partner with its supplier Forward AM, the brand of BASF 3D Printing Solutions, to expand access to Forward AM’s additive manufacturing materials in North America and Europe. Under this collaboration, 3D at Nexeo Plastics will carry Forward AM’s comprehensive portfolio of innovative and durable 3D printing materials, including powders, photopolymers, and plastics and metal filaments. “Our company’s objective is t

TotalEnergies and Plastic Omnium have signed a strategic partnership that will see them join forces to design and develop new plastic materials, made from recycled polypropylene, which meet the demanding aesthetic and safety standards that apply to the automotive industry. TotalEnergies and Plastic Omnium will pool their innovation and engineering skills to design new types of recycled materials that offer enhanced performance and are better for the environment while providing deliv

Trinseo, a global materials solutions provider and manufacturer of plastics and latex binders, today announced its entry into a definitive agreement to acquire Heathland B.V. (“Heathland”), a leading collector and recycler of post-consumer (PCR, EoL) and post-industrial (PIR) plastic wastes in Europe. As a plastic waste collector and recycler based in Utrecht, the Netherlands, Heathland is focused on converting PCR and PIR polymethyl methacrylate (PMMA), polycarbonate (P