Press Releases

Polyplastics Co., Ltd., a leading global supplier of engineering thermoplastics, has developed a testing method that identifies gas formation during the injection molding process and helps to reduce mold deposits. The company's Gas Investigation Method in Injection Molding (GIMIM) facilitates continuous molding and improves production efficiency. During the injection molding process, harsh conditions (high temperature, high speed) and deterioration of plastic additives can relea

With a common vision of a world where no plastic waste ends up in nature – land or sea – The Consumer Goods Forum's (CGF) Coalition of Action on Plastic Waste today announces the latest critical step made by Coalition members to transform the industry's relationship with plastic packaging. The Coalition's 42 member companies have published the remaining seven "Golden Design Rules", which follows on from the launch of the first two of the series in December 20

Sealed Air Corporation (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on September 17, 2021 to stockholders of record at the close of business on September 3, 2021. About Sealed Air Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we found it. Our packaging technology, solutions, and s

Revere Plastics Systems, LLC, one of the nation's premier manufacturers of highly-engineered plastic injection molded parts and assemblies, has acquired Ferguson Production, Inc. of McPherson, Kansas. The acquisition, effective July 2, 2021, comes six months after Revere's acquisition of its first manufacturing facility in Mexico and increases Revere's manufacturing footprint from 8 to 9 locations throughout North America. "We are extremely excited to add Ferguson a

Westfall Technik, Inc., a global holding company that provides superior manufacturing solutions for the production of plastic parts in the medical, packaging, and consumer goods industries, announced today the acquisition of Carolina Precision Plastics, LLC (d/b/a “CPP Global” or “CPP”) and its wholly owned subsidiaries. The deal greatly strengthens Westfall’s geographic footprint by adding its first plants in the southeastern United States, specificall

Enterprise Products Partners L.P. and NOVA Chemicals Corporation today announced that a subsidiary of Enterprise has acquired a wholly owned subsidiary of NOVA Chemicals, which operates an ethylene storage business and trading hub in Mont Belvieu, Texas. NOVA Chemicals, one of the largest merchant ethylene producers and marketers on the U.S. Gulf Coast, will be a long-term storage customer in the Enterprise system. “The acquisition, which gives Enterprise ownership of the larg

Orion Engineered Carbons S.A., a leading global supplier of specialty and high-performance carbon black, announced today that effective August 1, 2021, or as permitted by customer contracts, the company is increasing prices on all rubber carbon black products sold in the EMEA region. Due to rising operating, logistics and environmental costs required to maintain service levels, it is necessary to adjust prices for rubber carbon black by an average of €110 per ton. In addition,

Quadion LLC, d.b.a. Minnesota Rubber and Plastics (“MRP” or the “Company”), a leading provider of highly engineered elastomer and thermoplastic solutions for the Medical, Water, and Industrial end markets, announced today its acquisition of Pawling Engineered Products (“Pawling”), a Pawling, New York-based custom elastomeric inflatable seal and extruded solutions provider. “We’re thrilled to add Pawling, a company with a 75-year histor

Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, has earned certification to the standard NSF/ANSI 51, Food Equipment Materials, for its Polycast FDA Cell Cast Acrylic Sheet from global public health organization NSF International. NSF International standards serve as the benchmarks by which all commercial foodservice equipment products are measured. Certification signifies to customers, specifiers and health departments that these produc

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today launched six new daily price assessments for recycled plastics in the US, Europe and Southeast Asia spot physical markets. Underpinned by a robust price assessment methodology, the new assessments of three recycled polymer types (R-HDPE, R-PP and R-LDPE) are the first-of-kind in their respective regions and will help market participants understand

S&B Engineers and Constructors (S&B) was awarded an engineering and construction contract with Chevron Phillips Chemical to engineer and build the company’s second U.S. world-scale unit to produce on-purpose 1-hexene. The asset’s location will be in Old Ocean, Texas, near Chevron Phillips Chemical’s Sweeny facility. S&B completed Chevron Phillips Chemical’s first U.S. 1-hexene unit in 2014 at its Cedar Bayou plant in Baytown, Texas. The project ea

Styrenics Circular Solutions (SCS), the value chain initiative to increase the circularity of styrenic polymers, today welcomed European Plastics Converters (EuPC) as new member. EuPC is the professional representative body of 55.000 plastics converters in Europe, whose activity embraces all sectors of the plastics converting industry, including recycling. Their members include national plastics organisations, as well as sector organisations within the plastics converting industry.