Press Releases

ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021. “Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value performance products,” said Karen McKee, president of Exxon

Alterra Energy, an innovative advanced recycling technology company, and Ravago, a global leader in polymer recycling and distribution, announced today that Ravago has acquired an equity interest in Alterra Energy. Ravago will be a strategic partner in supplying pre-processed waste plastic to Alterra Energy's Akron, Ohio, facility -- which currently has the capacity to liquefy up to 60 tons per day of waste plastic for use as a feedstock for the manufacturing of plastics and che

According to the new market research report "Industrial PU Elastomer Market by Type (Thermoset PU Elastomer, Thermoplastic PU Elastomer), End-use Industry (Transportation, Industrial, Medical, Building & Construction, Mining Equipment) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the market size is projected to reach USD 10.5 billion by 2026 from USD 7.7 billion in 2021, at a CAGR of 6.3% during the forecast period. Download PDF Brochur

Solvay has developed Phenothiazine LVT™ 2330, a next-generation shortstop inhibitor solution available globally and designed to protect against runaway polymerization of acrylic and methacrylic acids, esters and other monomers in bulk storage facilities, transportation tanks and containers. A runaway polymerization is potentially hazardous due to the reaction becoming uncontrollable and the heat that it producesmay lead to a fire or an explosion or rupture of closed storage an

Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC (“Falcon”), to acquire Aristech Surfaces LLC (“Aristech”), a leading North America manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industr

Burloak Technologies Inc., a division of Samuel, Son & Co., Limited, today announced the establishment of its second additive manufacturing center in Camarillo, California. With the addition of this facility, Burloak Technologies becomes North America's first multi-site additive manufacturing services provider, offering full Design for Additive Manufacturing (DFAM) expertise at scale. The new 25,000-square-foot (2,300-square-meter) facility bolsters the manufacturing capacit

Prudent American Technologies, a premier USA-based contract manufacturer of highly engineered plastics and precision machined products, is pleased to introduce the Pauldron Recoil Reduction System at the NSSF Range Retailer Business Expo (West Palm Beach, FL). The Pauldron is a ground-breaking family of AR Buffers and Stock Inserts that absorb the majority of recoil, enabling hunters, competitive shooters, and soldiers to perform without shoulder pain. Co-developed with Knight Techn

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plastic Recycling - 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: June 2021 Executive Pool: 449 Companies: 98 - Players covered inclu

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