Press Releases
Davidson Kempner completes landmark $1 billion+ debt restructuring of UAE-based plastic manufacturer
24 October 2024
Davidson Kempner Capital Management LP a global investment management firm, has completed the restructuring of more than $1 billion of debt in the JBF Group ("JBF"), a business with industrial plants in the United Arab Emirates ("UAE"), Belgium and Bahrain, which manufactures and supplies high-quality polyester resins and films used in the packaging industry. The transaction is believed to be the first significant debt-for-equity transaction of this kind exe
Read more...23 October 2024
DuPont today announced it will showcase its extensive range of advanced circuit materials and solutions at the Taiwan Printed Circuit Association (TPCA) Show, held at the Taipei Nangang Exhibition Center from October 23-25, 2024. DuPont will be located at Booth #K409, presenting holistic solutions for fine line applications, advanced packaging, signal integrity, and thermal management. DuPont is proud to collaborate with industry leaders for the session titled "Shaping Our Futu
Read more...23 October 2024
FlowGuard® Gold CPVC is launching the Speed Test Challenge Sweepstakes1, encouraging plumbers2 to watch the Speed Test Challenge video for a chance to win $3,500. The video provides a side-by-side comparison of installation speeds for plastic plumbing systems and reveals which is faster to install: PEX or CPVC. From Oct. 8 – Nov. 4, 2024, individuals can participate for the chance to win a $3,500 Lowe’s Home Improvement e-gift card, with an additional six social medi
Read more...22 October 2024
BASF’s Personal Care business is launching a new synthetic peptide for skin care applications. Inspired by the natural regenerative process of the skin, Pepsensyal™ (INCI: Mannitol (and) Acetyl sh-Tetrapeptide-1 (and) Lauroyl sh-Tetrapeptide-1) has been clinically proven to reduce and delay the first visible signs of aging. The new ingredient is a response to the slow-aging trend, which reflects a shift in consumer attitudes: Rather than fighting the natural aging process, consume
Read more...22 October 2024
Grove Collaborative Holdings, Inc. a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation announced the launch of a new partnership pilot with hotel management company Crescent Hotels & Resorts. The two brands are working together to develop a Beyond Plastic™ Stay at a number of properties across the U.S., meeting the needs of eco-conscious travelers who are looking to reduce the environmental impact of their business and person
Read more...We’ve made the biggest impact in plastic collection and it still feels like we’re losing the battle.
22 October 2024
The communities and partners of Plastic Bank are celebrating a milestone that many thought was impossible—over 50,000 collection members have hand-gathered more than 140 million kilograms of plastic waste from the environment. That’s over 7 billion plastic bottles—enough to fill 3,354 football fields—kept out of our oceans and landfills. But here’s the uncomfortable truth: we’re still drowning in plastic. This isn’t just a celebration; it’s a wa
Read more...14 October 2024
SABIC has recently displayed a wide range of advanced materials, creative concepts and commercial applications in EVs and energy storage. The company spotlights solutions well suited for electric vehicle batteries, chargers, inverters, busbars and converters. SABIC is emphasizing its sustainable polymers and specialty thermoplastics, which can help address critical fire safety concerns and expand the environmental benefits of EVs. SABIC, a global leader in the chemicals in
Read more...Westlake Corporation today announced that Westlake Global Compounds businesses and operating sites outside of the U.S. - Westlake Compounds Holdings, S.A.S. - have been awarded the esteemed EcoVadis Silver Medal, reflecting the company’s commitment to improved environmental sustainability and corporate social responsibility. This accolade places these Westlake Global Compounds sites among the top 15% of companies assessed by EcoVadis globally over the past year. EcoVadis is the world&rs
Read more...19 October 2024
DuPont will release its third quarter 2024 financial results at 6:00 a.m. ET on Tuesday, November 5, 2024. In addition, the company will host a conference call at 8:00 a.m. ET that day. The event will be webcast live and can be accessed on DuPont’s Investors Relations webpage. A replay, along with the earnings release and supporting materials, will also be posted to the website. The dial-in number for the conference call is 888-440-4172 toll-free within the U.S.
Read more...18 October 2024
Toyoda Gosei Co., Ltd. is doubling its rubber recycling capacity at the Morimachi Plant in central Japan to accelerate the recycling of rubber used in automobiles. While progress is being made in the recycling of resources such as steel and plastic in the automobile industry, the recycling of rubber products is difficult and almost all rubber waste is incinerated (utilization of heat). Toyoda Gosei began operations of its first recycling line in FY2021, using its proprietary devulca
Read more...18 October 2024
The demand for MDO-PE film as a replacement for BOPET to produce mono-material and therefore fully recyclable packages is constantly increasing; COLINES® responds to this need with its new series of PE-d Polycast® lines, dedicated equipment for the production of cast MDO-PE film. Cast MDO technology has been used by COLINES® since the late 1980s; this experience lead to the development of revolutionary (and patented) technology that significantly improves the quality of
Read more...17 October 2024
SK chemicals strengthens its Sustainable Packaging Solution (SPS) lineup. SK chemicals (CEO Ahn Jae-hyun) announced on the 16th the launch of 'ECOTRIA CLARO 300', a copolyester that expands recyclability and molding/processing versatility. The newly introduced material ECOTRIA CLARO 300 possesses the inherent properties of copolyester such as transparency and chemical resistance, while also being recyclable and suitable for Extrusion Blow Molding (EBM). T
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