Press Releases
14 September 2021
EnvisionTEC and Covestro today announced their collaboration on material+printer solutions to accelerate adoption of industrial 3D printing. Together, the two companies aim to lower the entry barriers for companies looking to adopt 3D printing for producing molds for low volumes or parts with detailed features faster and more economically. The combination of Covestro material expertise and EnvisionTEC printer technology resulted in a complete industrial manufacturing solution for 3D
Read more...14 September 2021
Solar Plastics LLC announced today that it is expanding its manufacturing capabilities into in Monterrey, Nuevo Leon, Mexico. The plant is currently under construction, with Solar taking occupancy of the building in the 4th quarter this year. The decision to expand into Monterrey is part of Solar’s long-term strategic growth plan. Solar Plastics’ recent significant growth and existing customer volume commitments are forecasted to push the current facilities in Davenport,
Read more...13 September 2021
LG Electronics has set a goal to use almost 600,000 metric tons of recycled plastic by 2030 in a concerted effort to reduce greenhouse gas emissions in the value chain. The goal is a part of LG's larger initiative to create a take-back ecosystem for electronic waste and increase the use of post-consumer recycled materials in its consumer electronics and home appliance products. In 2020, LG used about 20,000 metric tons of recycled plastic in its products, which it plans to incre
Read more...13 September 2021
Westlake Chemical Corporation today announced that it has completed the acquisition of Dimex LLC, from Grey Mountain Partners, a private equity firm. “The acquisition of Dimex underscores our longstanding commitment to stewardship of the environment and recycling, and to taking actions that contribute to a sustainable, circular economy,” said Robert Buesinger, Executive Vice President, Vinyl Products of Westlake Chemical Corporation. “We are at an important societa
Read more...9 September 2021
The ExOne Company , the global leader in industrial sand and metal 3D printers using binder jetting technology, is proud to announce that innovative molded fiber technology supplier, Celwise AB of Norrköping, Sweden, is using metal tools 3D printed by ExOne in 316L stainless steel for its patented method of transforming wood and other cellulose fibers into a wide range of eco-friendly packaging and products. Invented, developed and patented over the past 10 years, Celwise techn
Read more...9 September 2021
Ocean’s Halo, one of the fastest growing Asian-inspired brands offering seaweed snacks, broth, noodles and sauces, announced today that it will launch a trayless seaweed snack, removing the plastic holding tray from the packaging. Starting this month ‘Sea Salt’ flavored Seaweed Snack will be sold without a tray in almost 500 supermarkets nationwide as well as online. Constantly looking to advance its commitment to sustainability, Ocean’s Halo is the lead producer of se
Read more...8 September 2021
Chile urgently needs to increase its plastic recycling capacity and this opens up significant business opportunities for foreign companies. This topic will be aired in the online event "Plastic Recycling Infrastructure: Investment Opportunities in Chile" taking place this Thursday, September 9. The webinar has been organized by InvestChile, Chile's foreign investment promotion agency, in conjunction with the Chilean Plastics Pact (Pacto Chileno de los Plásticos, PCP) led
Read more...RPM Purchases Texas Manufacturing Plant to Meet Customer Demand and Enhance Operational Efficiencies
8 September 2021
RPM International Inc. today announced it has procured a 178,000-square-foot chemical manufacturing facility located on 120 acres in Corsicana, Texas. It was purchased from ChampionX Corporation (NASDAQ: CHX) for an undisclosed amount. The facility will be repurposed to act as a manufacturing campus for a number of RPM’s operating companies, providing multiple opportunities for expansion to meet customer demand and strengthen its supply chain. It will be owned and operated by
Read more...7 September 2021
Gunze Limited has posted a video of its efforts in the plastic film business aiming for a world of zero plastic waste on its website. This will enable to achieve a world of zero plastic waste together with companies that can agree with our efforts. 1. The reason for posting the video on our website Gunze plastic films have been finding steadily increasing applications closely related to everyday life. For example, Gunze’s shrink film “Fancywrap
Read more...Kruger Family Industries is pleased to announce a growth equity investment led by a family office with participation from current shareholders. This funding allows KFI's operations to meet the demands of a significant backlog and growing demand. This investment, combined with funds received from the government-sponsored CARES act, will allow the organization to scale to meet the record demand quickly. KFI is a family-owned manufacturing conglomerate focused on returnable p
Read more...3 September 2021
The leaders of two of the world's largest plastic makers today called for a global agreement among nations to eliminate plastic waste in the environment, urging governments and stakeholders worldwide to press for a treaty resolution at upcoming United Nations meetings. Dow Chairman and CEO Jim Fitterling and LyondellBasell CEO Bob Patel participated in today's Wall Street Journal special event "Getting There: A Global Agreement to End Plastic Waste." They spoke on
Read more...2 September 2021
Trinseo , a global materials company and manufacturer of plastics and latex binders, announced today the completion of the previously disclosed transaction to acquire Aristech Surfaces LLC (“Aristech”), a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast, solid surface and architectural resin sheets serving the wellness, architectural, transportation and industrial markets. This acquisition is another important step
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