Press Releases

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Sasol, a global integrated chemicals and energy company, today announced the closing of their Louisiana-based Integrated Polyethylene Joint Venture (JV) transaction following required regulatory and shareholder approvals. The 50/50 JV includes a 1.5 MM ton ethane cracker, 0.9 MM ton low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, La, and will

Spectrum Plastics Group – the market leading specialty medical packaging, component and contract manufacturer, has closed on the acquisition of PeelMaster Medical Packaging Corporation ("PeelMaster"). Based in Niles, Illinois, PeelMaster is a full-service converter of sterile flexible packaging to the medical device market.  Founded in 1989, PeelMaster produces pouches, header bags and die cut lids for medical applications. PeelMaster has been an Autho

Clariter, an international clean-tech company, has announced that its unique plastic recycling solution has achieved a net negative carbon footprint according to the results of a new study, meaning it does not add to, but rather depletes carbon from the planet. The results stem from an independent initial Life Cycle Analysis (LCA) carried out by CE Delft, the renowned research and consultancy firm. The LCA determined that Clariter's carbon footprint is below zero indicating a ne

The global industrial plastic market is anticipated to grow at a compound annual growth rate (CAGR) of 4.9% during the forecast period 2020 to 2027. Industrial plastic is a synthetic compound that are largely used in the various industrial applications that include automotive, packaging, electronics & electrical, construction, healthcare, aerospace & defense, and many other industries. Advanced properties offered by these plastics such as moldability, high tensile strength,

The "Ultra-High Molecular Weight Polyethylene Market 2019-2024: Trends, Forecast, and Opportunity Analysis" report has been added to ResearchAndMarkets.com's offering. The global ultra-high molecular weight polyethylene market is expected to grow with a CAGR of 9.9% from 2019 to 2024. The future of the ultra-high molecular weight polyethylene (UHMWPE) market looks promising with opportunities in the aerospace, defense, & shipping, healthcare & medical

CVC Credit Partners is pleased to announce that it has provided a $60 million first lien loan to support Sole Source Capital's acquisition and growth strategy of Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets.   Founded in 1989, Dallas Plastics is a leading independent producer of high-performance specialty films for multi-use flexible packaging

Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a global leader in supply of catalysts, technology, and services for the chemical and refining industries, have announced that they achieved their first-ever demo-scale production of bio-based monoethylene glycol (MEG). As a result of the collaboration between the two companies, the MOSAIK™ technology development has been progressing according

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.05 per share, to be paid December 7, 2020 to shareholders of record November 30, 2020, with an ex-dividend date of November 27, 2020. About LyondellBasell  LyondellBasell  is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell

Reportlinker.com announces the release of the report "North America Plastic Bottles and Containers Market - Growth, Trends, Forecasts (2020 - 2025)" - https://www.reportlinker.com/p05986847/?utm_source=GNW Owing to the rising stringent regulations against plastic recyclability, plastic bottle and container manufacturers, coupled with end users, are expected to use more recyclable materials. - Packaging is the most critical factor that plays an essential role in the widespr

CARBIOS, a company pioneering new enzymatic solutions to reinvent the lifecycle of plastic and textile polymers, today announced it has successfully produced the first bottles containing 100% recycled Purified Terephthalic Acid (rPTA) from textile waste that contains a high PET content. This result confirms the capacity of Carbios’ technology to recycle textile waste and opens up access to an additional waste stream of up to 42 million tons per year, worth over $ 40 billion. &

Tupperware Brands has announced a partnership with TerraCycle's circular reuse platform Loop, aimed at eliminating waste and greatly improving the delivery, design and features of products. This partnership is intended to launch in 2021, initially offering to consumers across the United States the ability to purchase products from leading consumer brands and retailers packaged in durable, reusable Tupperware® products. Aligned in the collective mission to reduce waste throug

Shin-Etsu Chemical Co., Ltd. (Headquarters: Tokyo, President, Yasuhiko Saito) has now developed a new form of low-density silicone rubber that makes lighter rubber molded products. Shin-Etsu is the first in the industry to develop this type of molded silicone rubber using LIMS (Liquid Injection Molding System) materials. The demand for lighter rubber molded products is growing in many industries such as automobiles and transportation vehicles such as airplanes, as well as in other a