Press Releases

B+ credit rate characterizes R&P POLYPLASTIC as a large business with stable financial state and sufficient safety margin necessary for effective pursuit of activities amid market turbulence. Andrey Menshov, Managing Partner of R&P POLYPLASTIC noted: “Professional judgement was of critical importance for us. We are actively working not only on import substitution and localization but also on developing export shipments into Europe. This is the reason why we chose to un

The global manufacturer of plastic packaging and recycling specialist, the ALPLA Group, is investing more than five million euros in an extrusion system for food-grade recycled PET (rPET) made of used PET bottles (so-called post-consumer material) at its site in Anagni. The ALPLA Group is investing in an extrusion system for recycled PET at its site in Anagni, Italy. Anagni in central Italy is home to one of the ALPLA Group’s most important preform production plants.

The "Polymer and Thermoplastic Micro Molding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Polymer and Thermoplastic Micro Molding Market to Reach $1.1 Billion by 2027 Amid the COVID-19 crisis, the global market for Polymer and Thermoplastic Micro Molding estimated at US$488.4 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 12.9% ove

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world and the China Petroleum & Chemical Corporation (Sinopec), one of the largest integrated energy companies in China, announced the signing of an agreement to form a 50:50 joint venture (JV) which will produce propylene oxide (PO) and styrene monomer (SM) in China's domestic market. First announced on December 23, 2019, the JV will operate under the name Ningbo ZRCC LyondellBasell New Material Comp

Chevron Phillips Chemical (CPChem) announced two significant developments in its advanced recycling program which converts waste plastics into circular polyethylene (PE). Since introducing Marlex® Anew™ Circular Polyethylene in October, the company has received certification through the International Sustainability and Carbon Certification PLUS (ISCC PLUS) process and signed a long-term supply agreement with Nexus Fuels LLC (Nexus) as its first supplier of pyrolysis oil. T

The "The Global Market for Self-Healing Materials, Polymers and Coatings 2021-2031" report has been added to ResearchAndMarkets.com's offering. The Global Market for Self-Healing Materials, Polymers and Coatings provides a comprehensive review of the technology, players, and market for Self-Healing Materials, Polymers and Coatings. The report covers each major type of Self-Healing Materials technology. The need for sustainable manufacturing solutions is drivi

The "Global Propylene Oxide Market Outlook 2025" report has been added to ResearchAndMarkets.com's offering. The global propylene oxide market is anticipated to achieve a CAGR of 4% during the forecast period, i.e. 2021-2025. On account of the growing number of applications in a wide variety of end-use industries such as food & beverage, pharmaceuticals, plastics, and others, the production of propylene glycol has seen a substantial rise in recent years.

In another significant contribution towards the development of a circular economy for plastics, SABIC and Plastic Energy are set to commence construction on the first commercial unit to produce its flagship certified circular polymers, part of the TRUCIRCLE™ portfolio, which are made from the upcycling of mixed and used plastic. SABIC, a global leader in diversified chemicals, along with partner Plastic Energy, a pioneer in chemical plastics recycling, are set to start the con

LongueVue Capital ("LVC") is pleased to announce it has partnered with CEO Tom Nathanson and the management team of Summit Plastics ("Summit" or "the Company") to recapitalize the business and provide growth capital. Headquartered in Summit, MS, Summit is a business-to-business focused niche manufacturer of custom low-density and linear low-density polyethylene ("LLDPE") blown film and bags for a number of commercial end markets, including food and beve

With one of the most complete portfolios on the market, Braskem expands its range of solutions for the packaging segment, one of the main consumers of the company's thermoplastic resins in South America. The Braskem Flexus family, the company's high performance film brand, now has the Flexus 9213S , which features low blockage, low migration of additives and greater stability of the pre-press treatment, in addition to performance gains and excellent impact resistance and dri

Celanese Corporation, a global chemical and specialty materials company, announced price increases on its portfolio of engineered materials in response to strengthening demand for its products and increased transportation, energy and raw material prices. The price increases below will be effective for orders shipped on or after February 1, 2021, or as contracts otherwise allow.

Ravinia Capital LLC, a Chicago-based boutique investment bank specializing in sell-side M&A advisory for middle-market companies, is pleased to announce the sale of Re-Poly LLC to GP-Plastics Holdings LLC, a subsidiary of Granite Peak Development. Re-Poly's recycling business has developed a unique process to transform hard-to-recover, post-consumer plastics into the types of consistent, high-quality manufacturing inputs that are needed to meet the growing demand for finishe