Press Releases

Klöckner Pentaplast (kp or the company), a leading global manufacturer of high barrier protective packaging solutions with industry-leading use of recycled content, has been awarded a gold rating by EcoVadis, the independent provider of global sustainability ratings for environmental, social, and ethical performance. The gold rating ranks kp in the top 3% of plastic product manufacturers assessed by EcoVadis, with each company being rated on the material sustainability risks an

Solvay’s partner in the Sustainable Guar Initiative, non-profit organization TechnoServe, has received the External Collaborator Award from the American Chemistry Council (ACC), for its commitment to working collaboratively with ACC members and others throughout the guar supply chain to drive sustainability and innovation. The Sustainable Guar Initiative is an integrated program implemented by Solvay and its partners in collaboration with TechnoServe to teach and promote susta

The Heubach Group, in partnership with SK Capital Partners (“SK Capital”), announced today a definitive agreement to acquire Clariant’s Pigments Business (“Clariant Pigments”). The combined business will operate under the Heubach name, creating a global pigments leader generating more than €900 million in annual sales. The transaction values Clariant Pigments at approximately CHF 805 million, with additional consideration of CHF 50 million continge

The "Polytetrafluoroethylene (PTFE) Films - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Polytetrafluoroethylene (PTFE) Films Market to Reach $643 Million by 2027 Amid the COVID-19 crisis, the global market for Polytetrafluoroethylene (PTFE) Films estimated at US$479.5 Million in the year 2020, is projected to reach a revised size of US$643 Million by 2027, growing at a CAGR of 4.3% over the anal

The Sterling Group, an operationally focused middle market private equity firm, today announced the formation of a new PET recycling platform company, Evergreen. Sterling executed the carve-out of Evergreen, the recycling division of current portfolio company, Greenbridge Packaging, and merged it with the Riverside, California assets of CarbonLITE, acquired through a 363 bankruptcy process. The combined business positions Evergreen as one of the nation's largest PET recyclers, c

Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, announced the company’s new manufacturing and professional services partnership with India-based Parason, a leading global pulp and paper industry supplier. Parason will leverage Zume’s proprietary manufacturing technology and professional services to support the production of molded-fiber goods in what will be the most advanced manufacturing facility of its kind in Southea

Danimer Scientific, a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Stephen E. Croskrey, Chairman and Chief Executive Officer of Danimer Scientific, commented, &l

Brightmark, the global waste solutions provider, today announced that it will build the world’s largest advanced plastics recycling and renewal facility in Macon-Bibb County, Georgia. The total investment is expected to be more than $680 million in a new plant intended to fully utilize the 5.3 million square-foot site, which will employ a state-of-the-art and proprietary plastics renewal process that sustainably recycles all plastic waste (Types 1-7) that has reached the end o

Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, recently launched its manufacturing and professional services partnership with Satia Industries, one of the largest wood and agro-based paper manufacturers in India. This deal brings innovation to the $580B global plastic industry by presenting a scalable solution to replace plastics and styrofoam with sustainable alternatives. Founded on the mission to change the unsustainab

The "Plastic Bags and Pouches Industry Market" report has been added to SpendEdge's library which is trusted by more than 100 CPOs and 500 category managers who uses our insights daily. Key Highlights Offered in the Report: Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices. Gain information on relevant pricing levels, detailed explanation of the pros and cons of prevalent pricing models.

Nexeo Plastics, LLC, a leading global thermoplastics resin distributor and an affiliate of GPD Companies, Inc. (“GPD”), today announced that it has acquired Nevicolor S.p.A. (“Nevicolor” or the “Company”), a leading Italian distributor and compounder of thermoplastics. Terms of the transaction were not disclosed. A family-founded business based in Luzzara, Italy, with broad geographic reach throughout the country, Nevicolor has provided value-adde

Jim Fitterling, chairman and chief executive officer of Dow Inc. (NYSE: DOW), will participate in a virtual fireside chat during the Bernstein 37th Annual Strategic Decisions Conference on June 3 at 8:00 a.m. ET. Dow invites investors to join the live webcast through its website. A replay and transcript will also be available within 48 hours following the event. About Dow Dow combines global breadth, asset integration and scale, focused innovatio