Plastics News

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Plastics News

 •  November 20

French private equity Ardian has made its first foray into North America's injection molding market, and it is looking for more plastics acquisitions. Ardian has agreed to buy custom molder Revere Plastics Systems LLC, a four-factory company based in Clyde, Ohio. Ardian expects to finalize the purchase by the end of the year. It did not disclose...

Plastics News

 •  November 20

The North Carolina Department of Environmental Quality (DEQ) announced Nov. 16 that it was moving to “permanently revoke” the permit for Chemours Co. to discharge its wastewater as the company had “repeatedly failed to follow the law.” In a letter to the DuPont Co. performance chemicals spin-off, DEQ Secretary Michael Regan said it was...

Plastics News

 •  November 20

Private equity firm Graham Partners has purchased food packaging manufacturer EasyPak LLC, a thermoformer based in Leomister, Mass., that offers containers made from 100 percent recycled materials. Increasing demand for sustainable packaging and consumer preferences for on-the-go meals made EasyPak, a privately held business, an attractive...

Plastics News

 •  November 20

San Diego — Trademark Plastics Inc. of Riverside, Calif., is narrowing its focus with fewer — but more highly trained — employees, more automated systems and higher productivity in available space. Trademark is changing its business model and becoming "an engineering-based company offering custom injection molding services," said David Carty, chief...

Plastics News

 •  November 20

Recycled plastics firm Loop Industries Inc. began trading shares on the NASDAQ stock exchange Nov. 20. The Montreal-based firm describes itself as "a leader in sustainably produced PET resin." In a news release, CEO and founder Daniel Solomita said the NASDAQ listing "represents a very exciting and important milestone…as we move forward with our...

Plastics News

 •  November 20

Dutch specialty chemicals company Royal DSM and Emeryville, Calif.-headquartered biotechnology company Amyris Inc. have extended a strategic alliance they formed in May through the $58 million sale of Amyris Brasil Ltda. to DSM. The deal covers the sale of Amyris Brasil Ltda., which owns and operates the Brotas 1 production facility and...

Plastics News

 •  November 20

San Diego — Phil Estrada, chief operations executive at Trademark Plastics Inc., has a separate business creating patented products with multiple companies. Trademark manufactures the plastic packaging for those products. The most recent: The November launch of adult-beverage LiqRpop popsicles in five 30-proof-liquor flavors. Development occurred...

Plastics News

 •  November 20

Possibly cracking open the door in its ban on plastic scrap imports, the Chinese government may allow some grades of clean material in, if they can be used directly in manufacturing, according to a Chinese industry group. The Beijing-based China Scrap Plastic Association said in a Nov. 14 statement that Chinese officials have sent some qualified...

Plastics News

 •  November 20

Materials supplier Ineos has purchased a Swiss soccer team, China Shenhua commits to a West Virginia investment and the U.S. Chemical Safety Board releases its investigation into the fires at Arkema's Texas plant during Hurricane Harvey.

Plastics News

 •  November 17

Chris Sweeney Ann Arbor, Mich. — Toyoda Gosei Co. is preparing on multiple fronts for the changing automotive landscape. The firm has expanded in many areas of its business during the last few years, including its plastics and rubber-related operations, but also is working on developing and acquiring the talent necessary to usher TG into the...