Press Releases

TC Transcontinental announces the creation of a Recycling Group within TC Transcontinental Packaging. In 2020, this group will start purchasing equipment for converting flexible plastics recovered from sorting facilities and other commercial, industrial and agricultural sources into recycled plastic granules. It will also be on the lookout for potential acquisitions of companies in this sector. ?The creation of the Recycling Group aims to vertically integrate the recycling of plasti

Mitsubishi Chemical Corporation recently decided that it will acquire*1 two Swiss engineering plastics recyclers, Minger Kunststofftechnik AG and Minger Plastic AG (collectively, the Minger Group), through its group company Mitsubishi Chemical Advanced Materials (MCAM; Head office: Zurich, Switzerland; President: Michael Koch) as a part of the company?s efforts to promote the circular economy. The acquisition is expected to be completed by the end of February this year. Based on the

Align Capital Partners is pleased to announce the majority recapitalization of Marco Rubber & Plastics, a leading technology-enabled, specialty distributor of elastomer components, including O-rings, gaskets, and other high-performance seals and products. Headquartered in Seabrook, NH, Marco delivers high value performance sealing solutions to thousands of customers annually across a broad array of end markets, including aerospace, medical, semiconductor, chemical, and many other di

Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces today the use of construction blocks containing the Center for Regenerative Design & Collaboration's (CRDC) RESIN8? post-consumer plastic waste technology in the expansion of Braskem's world-class Innovation and Technology (I&T) Center in Pittsburgh, Pennsylvania. The Center for Regenerative Design & Collaboration, based in Costa Rica with operations in the U

Liqui-Box, a portfolio company of Olympus Partners, and the U.S. Department of Justice (DOJ) have entered into an agreement to allow Liqui-Box to acquire DS Smith plc's Plastics Division (DS Smith Plastics). The transaction is expected to close in Q1 2020.? ? As part of the agreement, Liqui-Box will divest selected DS Smith/Rapak bag-in-box (BIB) business in the U.S., including two manufacturing facilities located in Indianapolis, Indiana, and Union City, California. "

The CHINAPLAS show organizer ? Adsale Exhibition Services Ltd., formally issued the notice - CHINAPLAS 2020 Rescheduled to 3-6 August 2020 at NECC in Shanghai, on 19 February. Ada Leung, General Manager of Adsale, expressed, ?As an important trend-setter, CHINAPLAS has expeditiously responded to the market needs. Many market activities like consumption, manufacturing and investment etc. are put on hold during the epidemic. And now, some companies have already resumed work and manufa

Direct Pack, Inc., a leader in sustainable, thermoformed plastic packaging, announced? that it is expanding its global operations with the acquisition of Guadalajara, Mexico based Atmosphera Verde that will now be known as Direct Pack Recycling ? a facility capable of recycling 20,000 tons of PET plastic, including post-consumer PET thermoforms. This new facility will allow the company to build on its sustainability commitment and move even closer to a truly closed loop recycling pr

The "Blow Molded Plastics Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global blow molded plastics market is expected to grow at a CAGR of over 4% during the period 2019-2025. Key Market Insights The analysis of the blow molded plastics market provides market sizing and growth opportunities for the forecast period 2020-2025. Provides comprehensive insights o

INEOS Olefins & Polymers has today announced a partnership with Forever Plast SpA, a leading polymer recycling technologies operator in Italy. Together they have developed a range of new Polyethylene grades that mirror INEOS virgin grades and perfectly fit injection moulding and compression moulding machines. The new Recycl-IN products take Post Consumer Recyclate (PCR) from used bottle caps and carefully blend them with highly engineered virgin polymer to create new high-quality ca

Ascend Performance Materials, the largest fully integrated producer of polyamide resin 66, today announced that it has signed a contract to buy Poliblend and Esseti Plast GD from D'Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the Esseti Plast GD masterbatch portfolio and Poliblend's engineering plastics portfolio, which consists of virgin and recycled types of PA66, PA6, PBT and POM. ?This strategic acquisition marks an important transf

INEOS and UPM Biofuels have today announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS K?ln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins. These new sustainable materials will be used in a wide range of products from plastic food packaging to medical and pipes. Applications also incl

INEOS Styrolution, the global leader in styrenics, has announced today plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene plant in Ningbo. Less than a year after announcing the acquisition of two polystyrene production sites in China, INEOS Styrolution embarks on plans to grow its production capacity in the country significantly. The company plans to construct a green field ABS plant adjacent to the