Press Releases

SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of IPACKCHEM Group SAS (“IPACKCHEM” or the “Company”), a leader in sustainability-oriented barrier packaging. Founded in 1987 by Jean-Philippe Morvan as a division of Air Products Group, IPACKCHEM is a leading global supplier of innovative and specialized barrier packaging solutions. I

As consumers become increasingly eco-conscious, more and more brands are committing to investing in sustainable improvements for their products and packaging. One simple solution is labeling products to inform consumers whether – and how – the product or packaging may be recycled. To help retailers clarify the recyclability of their packaging content, Trex Company, the world’s leading manufacturer of wood-alternative decking and railing – and one of the largest recycle

Reportlinker.com announces the release of the report "Plastic Injection Molding Machine Market by Machine Type, Clamping Force, End-Use Industry and Region - Global Forecast to 2025" - https://www.reportlinker.com/p06045397/?utm_source=GNW.These machines have application in surgical and medical devices such as syringes, vials, medical instruments, inhalers, cannulated, medicinal connectors, air systems, and prescription bottles. The outbreak of coronavirus across the globe has highl

Sir Kensington's, best known for making premium condiments and dressings, has revamped their polyethylene terephthalate (PET) plastic bottles. The new packaging not only gives the brand an iconic shape within the condiments landscape, but it also pushes the brand closer to their sustainable packaging and sourcing goals. Sir Kensington's has a publicly stated packaging goal to achieve 100% recyclable and 100% recycled content in rigid plastics and fiber by 2022. With the new

The Recycling Partnership announced a second round of grant funding through its Polypropylene Recycling Coalition, distributing nearly $1 million in catalytic grants to advance polypropylene recycling in the U.S. Launched in July 2020, the Polypropylene Recycling Coalition (Coalition) is a cross-industry collaboration supported by steering committee members Keurig Dr Pepper, Braskem, NextGen Consortium, and the Walmart Foundation, along with other members of the polypropylene value chain. Pol

The global polylactic acid market size is expected to reach USD 1.82 billion by 2028 registering a CAGR of 18.1% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is mainly driven by the high demand for flexible packaging due to the increasing popularity of Quick-Service Restaurants (QSRs) and changing consumer preferences. Moreover, the rapid expansion of the end-use industries, such as agriculture, transport, and textile, will support the mar

Environmental problem such as climate change caused by human population explosion and activity have become a serious issue. Especially the plastic pollution and microplastic problem in the marine environment is becoming a devastating problem. There are some scientific reports that these microplastics are already in our human body and damaging our health, by additive such as plasticizer in these plastics. Plastics can be classified into 4 categories from a point of view of their biod

Reportlinker.com announces the release of the report "Engineering Plastic Recycling Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" - https://www.reportlinker.com/p06039523/?utm_source=GNW On the flipside, difficulty in collecting and sorting mixed plastic, along with the difficulty in removing residues, is expected to hinder the growth of the market studied. Additionally, the recent outbreak of the COVID-19 is expected to have a negative impact on t

Sekisui Specialty Chemicals announced that it will increase the price of Selvol® Polyvinyl Alcohol, Selvol Ultiloc®, Selvol Ultalux® and Selvol Premiol® up to the amounts shown in the table below. Sekisui Specialty Chemicals remains committed to meeting customers' needs with high quality products.  The increase will take effect April

Celanese Corporation, a global chemical and specialty materials company, today announces further investments to strengthen its commitment to being the world’s foremost emulsion polymers and vinyl acetate producer through facility expansions, new unit builds and key debottlenecking projects in Europe and Asia. Today’s announced expansion plans, highlighted below, point to a growing and robust vinyls portfolio for the company’s Acetyl Chain and derivatives. Nanjing,

Celanese Corporation, a global chemical and specialty materials company, today announces its intent to initiate a three-year plan to expand engineered materials compounding capacities at the company’s Asia facilities, including the locations of Nanjing, China; Suzhou, China; and Silvassa, India. To support the significant business growth expected, Celanese has begun planning for the following Asia expansion investments: Nanjing, China Compounding and

After eight years of extensive research, Nextek Ltd has launched a global multi-participant project (NEXTLOOPP) to address a missing link in the plastics recycling chain - polypropylene (PP). PP makes up about 20 percent of the world's plastic. 1 It is mainly used in jars, cups, trays and films for food packaging, and is also common in non-food household and personal care products, making recycling of the 700,000 tonnes / year difficult in the UK alone. 2 Currently, PP