Press Releases

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.

Huhtamaki, a key global provider of sustainable packaging solutions, introduces Smilepack, a 100% plastic free molded fiber egg carton, in the United States and Brazil. Smilepack cartons are Huhtamaki's first product designed especially for the U.S. egg industry, providing a sustainable and functional alternative to traditional polystyrene foam or plastic packaging for eggs. In the United States, the egg packaging market is expected to reach $405 MN at a CAGR of 4.38% by 2025*.

The "Polyester Resin: Global Markets" report has been added to ResearchAndMarkets.com's offering. The report offers an exhaustive description and evaluation of the global polyester resin market. It provides in-depth qualitative and quantitative insights, aligning with the goals and objectives of our intended customers. Projections are verified through intensive primary and secondary research. This report will enable clients to invest in the global polyester r

Trinseo, a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized a quarterly dividend of $0.08 per share. The dividend will be a cash distribution payable on July 22, 2021, to shareholders of record as of the close of business on July 8, 2021. Tax Considerations Trinseo is a public limited liability company formed under the laws of Luxembourg.  Under

Liquibox’s bag-in-box flexible packaging production facility in Auckland, New Zealand, takes action to tackle climate change, proving their commitment to create a more sustainable future just a month after the release of the company’s first ever Sustainability Report. Through a new partnership, they will be able to divert 50,000 kilograms of plastic from the landfill each year. In their Sustainability Report, Liquibox outlined their roadmap to minimize their environmenta

Spectrum Plastics Group, a global solutions provider for development through scaled manufacturing of critical polymer-based components and devices for medical and other demanding markets, announces the acquisition of substantially all assets of KCS Plastics LTD. Based in Langley, British Columbia, KCS Plastics offers complete polyethylene packaging solutions for customers across Canada and the United States. Founded in 1998, KCS Plastics' products are food contact safe as define

The new material group replaces MCAM's well-known MD materials. For years, MD materials have been used as metal-detectable plastic components in food processing and packaging equipment, meeting the broadest detectability needs of the global food market. However, rising requirements for more product safety and production efficiency, led MCAM to improve the performance of their detection portfolio. “We aim at expanding our materials leadership position within the food proces

Braskem has launched the world's first renewable-source polyethylene (PE) wax, used in the production of adhesives, cosmetics, coatings and compounds . The product, commonly used as a viscosity modifying agent in diverse formulations, has the same properties and delivers the same performance as the version made from fossil-based PE. Produced from sugarcane ethanol, the new solution entails lower CO 2 footprint, is recyclable and has applications in multiple markets. With the arr

Avient Corporation, a premier provider of specialized and sustainable material solutions and services, has announced it is collaborating with Oceanworks® to help customers incorporate recycled ocean plastics in their products. Recycled ocean and ocean-bound plastics are those recovered from the ocean, waterways, and ocean-bound collection zones within 50 km of a coastline. Building on the 2020 launch of reSound™ R recycled content thermoplastic elastomers (TPEs) created wi