Press Releases
Over 400 million tonnes of plastic are produced every year, but less than 10% are recycled, with the majority entering incineration centers or landfills around the world. Addressing this pressing crisis, deep tech company DePoly is announcing a CHF12.3m seed funding round today to scale the solution the global consumer packaging and textile world has been longing for decades—its universal chemical recycling process converting plastics into raw materials without affecting their quality.
Read more...23 June 2023
Verde Bioresins, Inc., a visionary in sustainable product innovation and full-service bioplastics production with its innovative and proprietary based bioresins, known as PolyEarthyleneTM, and TLGY Acquisition Corporation, a U.S. publicly-listed blank check company, have entered into a definitive business combination agreement. Upon closing of the business combination, the combined company is expected to list its common stock on Nasdaq under the new ticker symbol “VRDE.”
Read more...22 June 2023
The Polyplastics Group is pleased to announce the commercial availability of its DURACON® POM PM Series for medical applications. The company will supply materials to all global regions including Asia such as China, India, Europe, and the U.S. In the medical device marketplace, manufacturers and end users demand high-quality materials from reliable suppliers. Polyplastics has served the medical and healthcare field for decades with its high-purity TOPAS® COC (cyclic olefin c
Read more...21 June 2023
Water Gremlin, a market leading manufacturer of essential components for batteries used to power the commercial, consumer, military, and government transportation and infrastructure sectors, will significantly expand its Gremlin Green Program, a proprietary UV technology manufacturing process, over the next two years. The move will dramatically reduce the Company’s use of solvents and volatile-organic-compound (VOC) emissions in its manufacturing operations. Conceived in 2018,
Read more...Styrenics Circular Solutions, the value chain initiative to realise the circular economy for styrenic polymers, today confirmed having submitted a notification of a ‘novel technology’ under the new EU regulation 2022/1616. The technology ensures the safe use of rigid recycled polystyrene (rPS) as food contact material behind a functional barrier, in a so-called ABA structure. The notification aims at the immediate and continued availability of safe rPS produced with that establish
Read more...Asahi Kasei Corporation and Mitsui & Co., Ltd. will establish a supply and procurement scheme for bio-methanol produced in the United States. Through this scheme, Asahi Kasei plans to use the bio-methanol procured from Mitsui to produce in Japan engineering plastics with a lower carbon footprint than existing products. Today, companies in Japan are increasingly stepping up their efforts to reduce GHG emissions throughout their product supply chains, including raw material-
Read more...16 June 2023
Organizers of the PPXXI Conference and Exhibition report that approximately 400 participants are expected at the PPXXI Conference and Exhibition in Lake Buena Vista, Florida. Also announced is a new coffee break sponsor: Shell Polymers! The event is scheduled this year for September 25 – 27, 2023. Sarah Patterson, PPXXI Organizing Committee Chair, remarks: ”We are delighted to welcome Shell Polymers as a PPXXI sponsor. Its parent company, Shell Chemicals, was founded in
Read more...16 June 2023
ETHOS ASSET MANAGEMENT INC USA, a leading investment firm committed to sustainable and impactful investments, is thrilled to announce a strategic investment in The Plastic Bank Recycling Corporation, a pioneering social enterprise dedicated to stopping ocean plastic while empowering collection communities. This collaboration marks a significant milestone in Ethos Asset Management's commitment to driving positive environmental and social change through its investment portfolio. P
Read more...15 June 2023
PolyJoule, Inc., a manufacturer of conductive polymer energy storage, has developed a new process that transforms PVC (polyvinyl chloride) into PolyJoule’s patent-protected conductive polymers for use in batteries. PVC is one of the top five most common plastics worldwide and is used in everything from window frames and doors to piping and packaging. Recent market reports indicate global production capacity exceeds 40 million metric tons per year, with over 10% installed in th
Read more...Markem-Imaje, part of Dover and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of the SmartDate® Xtra 3530. The SmartDate Xtra 3530 ribbon, which complements Markem-Imaje's existing SmartDate® Xtra 3750 ribbon, is engineered to print on paper-based substrates, including coated, uncoated, glossy, and rough papers. This new grade of wax and resin thermal transfer ribbon was designed to meet the i
Read more...14 June 2023
Canon, a global leader in imaging solutions, reaffirms its commitment to the kingdom of Saudi Arabia by establishing a regional platform at Saudi Print and Pack 2023, the largest event in the printing industry. This strategic move showcases Canon's commitment to serving the Middle East region and its thriving printing sector. Utilizing the event as a regional launch pad, Canon will seize the opportunity to unveil its latest technological advancements, showcase key products, and present su
Read more...Asahi Kasei Corp. and Mitsui & Co., Ltd. will establish a supply and procurement system for bio-methanol produced in the United States. Through this system, Asahi Kasei plans to use the bio-methanol procured from Mitsui to produce engineering plastics in Japan with a lower carbon footprint than the current product lineup. 1. Background Today, companies are increasingly working to reduce GHG emissions throughout their product supply chains, including gr
Read more...