Press Releases
10 August 2021
The "China Degradable Plastics (PLA & PBAT) Market Insight Report, 2021-2025" report has been added to ResearchAndMarkets.com's offering. Policy catalysis accelerates the release of demand for degradable plastics. In 2020, China issued the Opinions on Further Strengthening the Treatment of Plastic Pollution, and after the plastic limit order in 2008, it once again intensified efforts to rectify the plastic pollution problem, which is called the plastic ban order in
Read more...6 August 2021
Today, PureCycle Technologies, Inc. announces a strategic partnership with Gulfspan Industrial, LLC to build and reserve construction space in Beaumont, Texas for the fabrication of modular processing lines. Gulfspan's expanded capacity will help PureCycle's mission to grow its ability to recycle polypropylene (PP) into ultra-pure, sustainable plastic resin. This collaboration will also centralize and streamline PureCycle's module construction process, allowing the modules to be b
Read more...5 August 2021
MPE Partners of Cleveland, OH and Boston, MA, along with portfolio company Plastic Components, Inc. ("PCI") of Germantown, WI, today announced the acquisition of Sports Molding, LLC ("SMI" or "the Company") of Clearfield, UT, a portfolio company of Sage Park, Inc. SMI is a leading ISO 9001:2015 certified injection molder offering a full suite of design, manufacturing, and value-added services to a diverse range of sectors, including medical, industrial, recreatio
Read more...5 August 2021
H.B. Fuller, a leading global adhesive manufacturer, announced today a strategic investment to build a new facility in Cairo to support customers’ increased demand in the fast-growing markets of Egypt, Turkey, Middle East and Africa. The new factory will become a regional supply hub and a center of excellence for manufacturing for adhesives serving the hygiene, packaging, labelling, paper converting and graphic arts, among other industries. “Egypt has naturally become a
Read more...Today, Berry Global Group, Inc. announced its new commercial-scale clean room for blown film, supporting its growing healthcare business in rigorous healthcare and pharmaceutical applications. The ISO 7 class clean room can produce nine-layer blown films. The new installation fully encloses commercial-scale production of Berry’s proprietary nine-layer blown film from extrusion to packaging, a first in the United States. The addition further enhances Berry’s ability to su
Read more...4 August 2021
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fiber Optics - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Edition: 7; Released: May 2021 Executive Pool: 11288 Companies: 95 - Players covered include A
Read more...3 August 2021
Myers Industries, Inc. announced that it has acquired the assets of Trilogy Plastics and financed the transaction with its revolving credit facility. Trilogy Plastics is a world-class custom rotational molder specializing in high quality, high tolerance parts and assemblies. The acquisition is the latest action taken as part of the “One Myers” long-term strategic plan, which is focused on transforming the Company into a high-growth, customer-centric innovator of value-added engine
Read more...Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announces a general price increase of 440 USD/MT ($0.20 cents per pound) for all HSBC products. This action is driven by the recent raw material cost increases and increases in energy prices and logistics costs. This increase will be effective September 1st, 2021, and/or subject to the terms of any applicable contracts and obli
Read more...Olyns, a leader in technology-centric recycling solutions, today announced the launch of its new bottle collection machine, designed for high-traffic, indoor locations. To increase recycling of plastics, the innovative solution provides a convenient way for consumers to redeem bottle deposits while earning rewards through a mobile app. The approach also helps break down barriers surrounding the collection and transportation of recyclables. "The lack of plastics recycling is a g
Read more...Danimer Scientific, Inc., a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has signed a definitive agreement to acquire Novomer, Inc. (“Novomer”), a leading developer of conversion technology providing transformable, functional, and low net carbon inputs into the production of PHA-based resins and other biodegradable materials, in a cash transaction valued at $152 million. Each company&rsquo
Read more...29 July 2021
The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the third quarter of 2021. The dividend will be paid on September 15, 2021, to stockholders of record as of the close of business on August 16, 2021.
Read more...The biopolymers market is poised to grow by 1294.13 thousand tons during 2021-2025, progressing at a CAGR of 6.04% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by volatility in crude oil prices. The biopolymers market analysis includes End-user segment, Type segment, and Geography Landscape. This study identifies the
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