Press Releases

Borealis announced that it had signed an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Elin Pelin, Bulgaria, subject to inter alia customary regulatory approvals. Today, the companies announce the successful closing of the transaction. Integra Plastics AD operates a modern advanced mechanical recycling plant built in 2019 with state-of-the-art equipment and an annual output capacity of more than 20,000 tons. Integra Plast

ICIS, a global source of commodity intelligence, is proud to announce the launch of its latest pricing index for recycled polypropylene (R-PP) in Asia. This new service will support the industry's shift towards more sustainable and circular economy models, reinforcing ICIS' dedication to bringing transparency to circular plastics markets and providing customers with the tools needed to make well-informed decisions.  The service will track six spot pellets assessments fo

Ascend Performance Materials and PolySource, a leader in engineered plastic resin solutions, have entered into a North American distribution agreement that provides Ascend's full portfolio of engineered nylons to PolySource's broad customer base. PolySource now offers Ascend's Vydyne®, Starflam®, HiDura® and ReDefyne™ polyamide product lines designed for use in automotive, electrical and electronic, healthcare and consumer and industrial applications.

Mitsui Chemicals, Inc. has announced that new affiliate Mitsui Chemicals ICT Materia, Inc. (ICTM) is starting its business as of April 1, 2024. ICTM has been established as a film solutions company specializing in the ICT field. The company will supply film and sheet products required in the ICT industrial field, including semiconductor, electronic component, and photovoltaic panel manufacturing. In addition, ICTM will leverage the comprehensive strength of the Mitsui Chemicals Grou

Asahi Kasei Plastics North America Inc (APNA), manufacturer of Asaclean and a leading supplier of purging compounds for the plastics industry, has announced a new partnership with renowned plastics distributor, Polysource. This exclusive distribution agreement marks a significant milestone for both companies, promising enhanced accessibility and service for customers across the United States. Under this partnership, Polysource will serve as the distributor of Asaclean's premium

Specialty chemicals company LANXESS is presenting its extensive product portfolio for the polyurethane industry at UTECH Europe 2024. This includes novel, more sustainable and high performing polyurethane solutions and polyurethane additives such as flame retardants, modifiers, crosslinkers, plasticizers, catalysts and hydrolysis stabilizers. The trade fair will take place from April 23 to 25 in Maastricht, Netherlands, at the MECC congress and event center. Adiprene Green:

Borealis is pleased to announce that it has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) concerning the use of specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) in food-grade packaging. This major achievement confirms Borealis’ position as a market leader in value-added solutions for the circular economy. Borcycle M is Borealis’ transformational mechanical recycling technology that gives post-consum

ANAKA Holdings Co., Ltd. announces that TANAKA Precious Metals will install a stationary pure hydrogen fuel cell system with a maximum generating capacity of 500 kilowatts (kW), one of the largest in private-sector use in Japan, at the Shonan Plant in Kanagawa Prefecture, a key recycling business site for TANAKA. It has decided to install an H2Rex™ pure hydrogen fuel cell system manufactured by Toshiba Energy Systems & Solutions Corporation to optimally control generating efficiency

LyondellBasell a global leader in the production of plastics, chemicals, specialty compounds and circular solutions, today announced its participation in the upcoming NPE2024: The Plastics Show scheduled to take place from May 6 to May 10, 2024, at the Orange County Convention Center in Orlando, Fla. The company will be located at booth number S22005 near the main south hall entrance. "We are so excited to exhibit at NPE 2024 and share our latest innovations and new brand look

Borealis and AKVA group are pleased to announce a breakthrough in sustainable aquaculture: a workboat hull constructed from renewable plastic. The boat will be unveiled in Mo i Rana, Norway, in Spring 2024, marking a significant step forward for circularity in marine technology. Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. AKVA group is the world's foremost technology provider to the aquaculture industry. The

Dow  announced today the intent to invest in ethylene derivatives capacity on the U.S. Gulf Coast, including the production of carbonate solvents, critical components to the supply chain of lithium-ion batteries. This investment supports growth in domestic electric vehicle (EV) and energy storage markets and builds on Dow's successful track record of growth projects, including the recent global alkoxylation capacity expansions expected to come online in the next two years in U.S. Gul

Eastman announced it has achieved on-spec initial production and is generating revenue from its new molecular recycling facility in Kingsport, Tennessee. The company expects to ramp up production of the new facility over the coming months and enable growth across a wide range of markets. Achieving this critical milestone enables the company’s pathway to deliver approximately $75 million of incremental EBITDA in 2024 from this facility as it builds momentum in its circular economy platfo