Press Releases

Origin Materials, Inc., the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Kolon Industries, Inc. (“Kolon,” “Kolon Industries”), a global leader in chemicals and materials, today announced a strategic partnership to industrialize novel polymers and drop-in solutions for select applications, with an initial focus on automotive applications. This strategic partnership a

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, today announced Bob Patel, chief executive officer, will participate in a virtual fireside chat at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference on Wednesday, November 10, 2021 at 2:00 p.m. ET.   Webcast and Presentation Slides Access A live webcast can be accessed at the time of the event at https://www.LyondellBasell.com/en/investors/investor-events/.

Honeywell announced the commercialization of a revolutionary process that expands the types of plastics that can be recycled and can produce feedstock used to make recycled plastics with a lower carbon footprint. The new technology can reduce the need for fossil fuels in the creation of virgin plastics while enabling hundreds of cycles of recycling, with the goal of enabling a circular economy for plastics. Honeywell's UpCycle Process Technology utilizes industry-leading molecul

ReNew ELP, a UK-based advanced recycling company, has selected Emerson (NYSE:EMR) as its digital automation partner for its new plastics recycling plant in Teesside, North East England. Emerson’s advanced automation technology and software will help achieve safe, efficient operation of an innovative hydrothermal process to convert end-of-life plastics back into their original feedstock to produce new plastic products, reducing waste and pollution. Currently, many post-consumer

Orion Engineered Carbons, a leading global supplier of specialty and high-performance carbon black, announced today it will raise prices for all specialty carbon black customers. The increase, which will be communicated individually, will vary depending on the product, manufacturing process and location. “Sharply rising raw material, energy and supply chain costs have made the price adjustment necessary. It will enable us to continue to deliver reliable and sustainab

Plastic Energy Ltd., Freepoint Eco-Systems LLC and TotalEnergies have announced a strategic partnership in the U.S. Under this agreement, Plastic Energy and Freepoint Eco-Systems plan to build an advanced recycling plant in Texas, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy’s patented technology. TotalEnergies will convert this raw material into virgin-quality polymers, which can be used for food-grade packaging.

Orion Engineered Carbons, a leading global supplier of specialty and high-performance carbon black, announced today that Lorin Crenshaw has decided to leave his position as chief financial officer to accept a leadership role at another public company. He will remain with Orion as an adviser until November 21, 2021. "We appreciate the contributions Lorin made to the company during his tenure,” CEO Corning Painter said. “He has provided strong strategic financial lead

Bazan Group's wholly-owned subsidiary, Carmel Olefins (CAOL), Israel's sole manufacturer of petrochemicals for raw materials in the plastics industry, together with UBQ Materials, developer of the leading climate-positive thermoplastic material on the market, announced today an agreement to incorporate the patented bio-based material, UBQ™, with the resin production of CAOL. The development of reduced carbon resins will be done in cooperation with Ducor Petrochemicals, CAOL'

over 70 leading businesses, organizations, and governments have come together to release an ambitious action plan to eliminate plastic waste through the Canada Plastics Pact. Roadmap to 2025: A shared action plan to build a circular economy for plastics packaging represents unprecedented cross-value chain collaboration, uniting key players behind a shared vision for a circular economy for plastics packaging in Canada and a targeted plan to drive tangible change by 2025. The Roadmap

Nexeo Plastics, a leading global thermoplastics resin distributor, has announced it will begin carrying and distributing Polymaker’s high performance 3D printing filaments in North America, including carbon reinforced nylons and a fire-retardant polycarbonate. Polymaker offers a diverse portfolio of materials from high performing plastics to unique aesthetic solutions. Each family of products has unique properties and can be used in a wide range of applications from everyday n

Specialty chemicals company LANXESS and energy company bp are entering into a strategic partnership for the use of sustainable raw materials in high-tech plastics production. bp will supply sustainably produced cyclohexane to the LANXESS’ production site in Antwerp, Belgium, starting in the fourth quarter of 2021. The sustainable origin of the raw materials is certified according to ISCC Plus rules (“International Sustainability and Carbon Certification”). With this partners

SyBridge Technologies, a global industrial technology company, announced today that it has completed the acquisition of Pyramid Mold and Tool ("Pyramid"). This transaction further expands SyBridge's customer base and footprint in the life sciences end-markets. New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning across e