Press Releases

Carbios , a company pioneering new enzymatic solutions to reinvent the lifecycle of plastic and textile polymers, announced the official opening and launch of an industrial demonstration plant operating with its enzymatic recycling technology, C-ZYME®, which was installed on the Cataroux site in Clermont-Ferrand. “For more than 10 years, we have been creating innovative solutions to rethink the end of life of plastics and textiles,” said Jean-Claude Lumaret, Carbios&

Solvay, a science company delivering high performance materials for safe and reliable food packaging, has conducted a proof of concept showing that polyvinylidene chloride (PVDC) has the potential to be recycled. PVDC is used in food, beverage and healthcare multilayer barrier packaging across the world. The proof of concept involves a process to recycle Ixan® PVDC bioriented film from a post-industrial waste source from food packaging without compromising the performance of the

Toray Plastics (America), Inc., announces that its Torayfan® Division’s new, state-of-the-art, 8.7-meter, five-layer, in-line coating polypropylene film line with automated slitting began producing commercial volumes of packaging and label films in May. The customized, proprietary equipment is considered by Toray to be one of the most capable BOPP film lines in the world. It is enabling Toray to expand its flexible packaging product lines, including a robust label portfolio, and man

LyondellBasell today announced its ambition of, and approach to, achieving net zero emissions from global operations by 2050. As an interim step toward 2050, the company also announced a strategy to achieve an absolute reduction of 30 percent in scope 1 and scope 2 emissions by 2030. These targets are consistent with efforts to support the Paris Agreement's goal of limiting climate change by achieving net zero for global greenhouse gas (GHG) emissions by mid-century. "While

Arkema produces bio-based and specialty epoxides in Blooming Prairie (MN, USA), used as additives or intermediates in the manufacture of lubricants, plastic additives and a wide variety of other applications. Part of Arkema’s Hydrogen Peroxide activity, this business has limited integration with the rest of the Group’s portfolio, generates sales of around US $40 million and employs approximately 45 people. By joining Cargill, a global player in bio-based-products, this b

Specialty chemicals company LANXESS India has been conferred with three prestigious awards from the Indian Chemical Council (ICC), recognizing the organization’s commitment and outstanding performance specifically in the areas of Health & Safety. LANXESS India won awards for Excellence in Management of Health & Safety, Best Responsible Care committed company & ICC CERTIFICATE OF MERIT for Best Compliant Company for the Codes under RESPONSIBLE CARE, and Best Nicer Globe User

AdvanSix announced today that it has added 100% post-industrial recycled (PIR) grades to its industry-leading portfolio of Aegis® PA6 Resins and Capran® Biaxally Oriented Polyamide (BOPA) films. The new products, which are the first of their kind for the company, offer customers a way to address their sustainability goals by incorporating materials built on recycled monomers reclaimed from waste streams into their end products without compromises or trade-offs on performance.

Danimer Scientific, Inc. a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it is collaborating with Chevron Phillips Chemical (“CPChem”) to explore a loop slurry reactor design for the manufacture of Rinnovo™. Rinnovo™ is a type of polyhydroxyalkanoate (“PHA”) synthesized from lactones produced using Danimer’s proprietary Novo22™ catalyst technology that can be use

Origin Materials, Inc.  the world’s leading carbon negative materials company, today announced it has joined the Alliance to End Plastic Waste, a global non-profit organization. Members of the Alliance include industry leaders across the plastics value chain, working towards a common goal of developing, deploying and scaling solutions to end plastic waste in the environment. As a member of the Alliance, Origin will work with fellow members to drive innovation and build a

Trinseo, a global materials solutions provider and manufacturer of plastics and latex binders, today announced that its Board of Directors authorized a dividend of $0.32 per share, an increase of four times the amount of the most recent dividend. In December 2020, Trinseo announced a dividend reduction to enable rapid near-term deleveraging following the acquisition of the PMMA business. Taking into account the Company’s previously announced expectation of a net leverage ratio in the lo

Reportlinker.com announces the release of the report "Market Trends in the Plastics Industry: An Analysis of Developments by Key Plastics Manufacturers" - https://www.reportlinker.com/p06151451/?utm_source=GNW This study covers market segments in the market, such as plastic packaging, plastic resins, plastic recycling etc. The report covers all categories of plastic manufacturers located worldwide. The report covers 67 companies, which include global and smaller loc

Reportlinker.com announces the release of the report "Plastic Caps And Closures Global Market Report 2021: COVID-19 Growth And Change" - https://www.reportlinker.com/p06151365/?utm_source=GNW , Cap & Seal Pvt. Ltd, Phoenix Closure, Hicap Closures, and MJS Packaging. The global plastic caps and closures market is expected to grow from $37.01 billion in 2020 to $39.74 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth is mainly due to the