Press Releases

NOVA Chemicals Corporation  and Plastic Energy have entered into an agreement to explore the feasibility of developing a pyrolysis-driven advanced recycling facility in the Sarnia, Ontario, region. If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66kt per annum. “Post-use plastics offer tremendous value to furthering the circular economy, and our teams at NOVA Chemicals work daily to innovate new and collaborativ

The 16th Edition of ArabPlast is scheduled from 13 to 15 December 2023 at the Dubai World Trade Centre, Dubai, United Arab Emirates!  The Premier International Trade Show in the Middle East is dedicated to the Plastics, Petrochemicals, Packaging and Rubber Industry and will be attended by the bigwigs and who’s who of the industry.   The UAE offers unmatched and unlimited opportunities for new businesses as well as the established ones to step up the ladder.  Its

The collaboration between Hayleys Aventura, a premier industrial solutions provider and subsidiary of the leading diversified conglomerate in Sri Lanka Hayleys PLC, and OCSiAl, a leader in graphene nanotube technology and production, has resulted in the launch of local manufacturingg of the TUBALL LATEX graphene nanotube dispersion. The production line has been installed at Hayleys Aventura’s facility in Kaluthara, Sri Lanka, leveraging OCSiAl’s know-how. This new production capac

AGC, a world-leading manufacturer of glass, chemicals, and high-tech materials, has announced that its 100% subsidiary AGC Si-Tech Co., Ltd. (Headquarters: Wakamatsu-Ward, Kitakyushu City) has decided to increase its production capacity of RESIFA™SUNSPHERE™, a silica product that is an eco-friendly cosmetic material made from natural sources. At the Company's Wakamatsu Plant (Wakamatsu-Ward, Kitakyushu City), facility expansion will be implemented to increase production capaci

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.

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.”

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

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,

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

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-

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

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