Industry News
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Polyplastics Targets PBT And PPS Grades In Sensors For Autonomous Driving Applications
1/12/2021
The growing trend toward electric vehicles is spurring materials suppliers like Polyplastics Co., Ltd., a leading global supplier of engineering plastics, to position its innovative resin products for use in Advanced Driver-Assistance System(ADAS) parts that enable autonomous driving
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StanChem Polymers Announces Acquisition Of Dux
1/6/2021
StanChem Polymers announced today that its wholly-owned subsidiary, Albi Protective Coatings, has completed the acquisition of Dux Paint and its sister companies, Hawthorne Coating and Hood Products (taken together, "Dux" or the "Company")
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Danimer Scientific, A Next Generation Bioplastics Company, Completes Business Combination With Live Oak Acquisition Corp.
12/29/2020
Meredian Holdings Group, Inc., doing business as Danimer Scientific (“Legacy Danimer”), a next generation bioplastics company focused on the development and production of biodegradable materials, and Danimer Scientific, Inc. (f/k/a Live Oak Acquisition Corp. (“Live Oak”)) announced today that they have completed their previously announced business combination
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Berry Global And Repsol To Boost Sustainable Circular Resins In Packaging
12/17/2020
Berry Global Group, Inc. announced today its agreement with its longtime supplier, Repsol, to supply circular resins. Spanish multi-energy global company Repsol will supply Berry with ISCC Plus certified circular polyolefins from its Repsol Reciclex® range.
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Braskem Announces Research Partnership For Sustainable Plastic Production Using CO2 Capture And Utilization Technology
12/14/2020
Braskem (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the University of Illinois Chicago (UIC) to develop a new route for producing ethylene, a raw material used to make thermoplastic resins.
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Continental Structural Plastics’ Advanced Technologies Center Unveils Lightweighting, Battery Enclosure And Materials Innovations
12/9/2020
Continental Structural Plastics (CSP), along with its parent company Teijin, today unveiled an innovative honeycomb Class A panel technology and an advanced, multi-material EV battery enclosure that can be molded in any number of CSP’s proprietary composite formulations.
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Stratasys To Acquire Origin, Bringing New Additive Manufacturing Platform To Polymer Production
12/9/2020
Stratasys Ltd. announced today it signed an agreement to acquire 3D printing start-up Origin Inc. in a transaction for total consideration of up to $100M, including cash and stock.
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Mitsubishi Gas Chemical Company And Celanese Corporation Sign MOU To Restructure Korea Engineering Plastics JV
12/9/2020
Celanese Corporation a global chemical and specialty materials company, and Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Masashi Fujii), today announced the signing of a memorandum of understanding (MOU) confirming their intent to restructure Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese, 40% by MGC and 10% by Mitsubishi Corporation.
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LyondellBasell And SUEZ Increase Plastics Recycling Capacity
12/7/2020
LyondellBasell (NYSE: LYB) one of the world's largest plastics, chemicals and refining companies and SUEZ (EPA: SEV), a world leader in environmental services, today jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium.
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Trinseo Starts Up New TPE Pilot Facility In Hsinchu, Taiwan
12/2/2020
Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, announced today the inauguration of its Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan.