Press Releases

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

Building on its commitment to zero-waste cities and clean energy solutions, Bee'ah, the Middle East's sustainability pioneer, today announced that it will be pursuing plans for the region's first waste-to-hydrogen project in the UAE. The project includes a green hydrogen generation plant and a hydrogen vehicle fuelling station, in collaboration with UK-based Chinook Sciences. The Waste-to-Hydrogen project is an evolution of Bee'ah and Chinook Sciences' $180 milli

Several companies are manufacturing reusable water bottles with added features such as built-in filter systems that remove a certain amount of water impurities or contamination from the water. Reusable water bottles have filter made of activated charcoal with a slight electro-positive coating that eventually run out. As water passes through the filter, it removes most of the chlorine, other heavy metals, and any unusual taste from the water, making the water fit for drinking. This feature is

Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today it has entered into a definitive agreement to sell its synthetic rubber business based in Schkopau, Germany (“Synthetic Rubber” or the “Business”) to Synthos S.A. and its affiliates (collectively “Synthos”) for an enterprise value of approximately $491 million, comprised of $449.4 million of cash and the assumption of approximate

Fact Mr's study has predicted the global ethylene bis-stearamide (EBS) to rise at 5% CAGR through 2031. Extensive use of ethylene bis-stearamide in wide range of applications such as plastic manufacturing, adhesives, inks & coatings and others will create growth opportunities for ethylene bis-stearamide manufacturers during the forecast period of 2021 and 2031. Some of the leading manufacturers are focusing on single-use plastic due to the sustainability concerns associated

Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will decrease the price of all grades of EPS by $0.03/lb., effective June 1, 2021 or as contracts permit. “We believe this adjustment reflects current EPS supply and demand dynamics as well as expected feedstock trends,” says Todd Galliart, Business Manager for Epsilyte. About Epsilyte Epsilyte is one of North America’s leading producers of expandable polystyrene

Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber announced that it can now supply recycled polystyrene (rPS) for food contact applications with the launch of the first yogurt pot integrating rPS, now on shelves in France. The material --Trinseo’s STYRON™ CO2RE™ CR55 Polystyrene Resin -- contains 55 percent recycled content resulting from depolymerization, and is part of the company’s STYRON™ CO2RE&tra

Frost & Sullivan's recent analysis, Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021, reveals eight predictions for the global plastics and composites market. Despite the impact of COVID-19 in 2020, the industry is expected to rebound in 2021 due to the resumption of activities in its major end markets in line with progressive containment of the pandemic. Global revenue for the market is estimated to reach $558.71 billion in 2021, up from $533.

Innovia Films is launching a new film in its Propafilm™ range of transparent speciality packaging films. CHS offers improved thermal resistance and shrinkage properties compared to conventional polypropylene films. It has been designed to substitute traditional outer web films in laminates for applications such as pouches and lidding in various food markets. Paul Watters, Product Development Manager Packaging, Innovia Films explains “With CHS, we have developed a BOPP fi