Press Releases

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

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