Press Releases

Celanese Corporation , a global chemical and specialty materials company, announced it has reached a definitive agreement to sell its 45 percent equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion. Following the completion of the transaction, Daicel will own 100 percent of Polyplastics. “Celanese has been investing in and rapidly growing our base business in Engineered Materials globally over the last 10 years,” said Lori Ryerkerk

While the automotive industry is making a major shift towards electric vehicles, Polyplastics Co., Ltd., a world leader in engineering plastics, sees great potential in its innovative resin products for components in Advanced Driver -Assistance systems (ADAS) that enable autonomous driving. The company's DURANEX (R) -PBT materials, which are intended for drive elements and communication devices, offer high durability, alkali resistance, hydrolysis resistance and thermal shock resistance.

Evonik is further expanding its business in the area of additive manufacturing. The specialty chemicals company has opened a new technology center for 3D printing in Austin, Texas. The U.S. site will play a key role within Evonik's global innovation network in the development of new, ready-to-use materials for powder bed fusion manufactured by the Structured Polymers technology. PIONEER IN POWDER MATERIALS FOR POWDER BED FUSION Evonik's new

The world has a problem with plastic waste and despite global plastic production continuing to accelerate, recycling rates remain stubbornly low., with only about 15% of the 400 million tonnes of plastic currently produced annually being recycled, according to the OECD. Although recycling rates have been steadily growing over the last 30 years, the rate of global plastic production far outstrips this, meaning that more and more plastic is ending up dumped in landfills and released into the en

Diageo, makers of Johnnie Walker, Smirnoff and Guinness, has announced that it has created the world's first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker, the world's number one Scotch Whisky, in early 2021. t comes as Diageo announces that it has launched a new partnership with Pilot Lite, a venture management company, to launch Pulpex Limited, a new world-leading sustainable packag

Technimark, a global manufacturer of custom rigid plastic packaging and components, announced it has acquired Tool & Plastic Industries Ltd., a leading supplier of injection molded products for the medical device, pharmaceutical and consumer product sectors. The company is headquartered in Longford, Ireland, with an additional facility in Ostrava, Czech Republic. Financial terms of the transaction were not disclosed. Technimark is backed by Pritzker Private Capital. Tool & P

Rubbermaid®, a leader in home organization and food storage solutions, announced a partnership with international recycling leader, TerraCycle®, to make all brands of well-used food storage containers recyclable in the US and Canada. Through this new partnership, Rubbermaid helps ensure all glass and plastic food storage containers will have a sustainable end to their lifecycle. Rubbermaid has been pioneering high-quality, innovative products for over 80 years. This superior

PLASTIX in Lemvig Denmark, a plastics recycling company dedicated to mechanically recycling post-use maritime fibers such as fishing nets and ropes, has formed an Alliance Partnership with nano technology and bio composite experts Titan Bioplastics, USA. Their collaborative agenda, to support sustainable circular economy initiatives for a new generation of 'Super Plastics,' in compliance of forthcoming plastic mandates throughout the EU. "The goal here" says Hans A

As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company's DURANEX(R) PBT materials--targeted for actuators and communications equipment--deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock resistance. In by-wire

The "Long Fiber Thermoplastics - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering. The Global Long Fiber Thermoplastics market accounted for $2.24 billion in 2018 and is expected to reach $6.15 billion by 2027 growing at a CAGR of 11.9% during the forecast period. Some of the key factors propelling the market growth include rise in the demand for high-performance materials globally, increase in the demand for fuel-efficient

Reportlinker.com announces the release of the report "Blow Molded Plastics Market Size, Share & Trends Analysis Report By Technology, By Product, By Application And Segment Forecasts, 2020 - 2027" - https://www.reportlinker.com/p05822967/?utm_source=GNW Blow Molded Plastics Market Growth & Trends The global blow molded plastics market size is anticipated to reach USD 96.2 billion by 2027., expanding at a CAGR of 2.8% over the forecast per

Celanese Corporation, a global chemical and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediates products. The price increases below are for orders shipped and will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases. About Celanese