Plastics
The companies featured on PressReleaseFinder are active in several industries.
4 Dec 2018
SABIC signs memorandum of understanding with PLASTIC ENERGY for supply of recycled feedstock
SABIC, a global leader in the chemical industry, has today announced it has signed a memorandum of understanding (MoU) with UK-based PLASTIC ENERGY Ltd., a pioneer in chemical plastics recycling, for the supply of feedstock to support SABIC’s petrochemical operations in Europe. SABIC and PLASTIC ENERGY intend to build a first commercial plant in the Netherlands to refine and upgrade a valuable feedstock, known as TACOIL, a patented PLASTIC ENERGY product, which will be produced from the recycling of low quality, mixed plastic waste otherwise destined for incineration or landfill . The plant, which is anticipated to enter commercial production in 2021, is a significant milestone for SABIC towards the company’s commitment to establishing a circular economy and, more broadly, its sustainability goals.
26 Nov 2018
Sweet success: Mondi shows innovative flair with novel ice cream cone sleeve and lid
Ever since Mondi scooped up Turkish flexible packaging manufacturer Kalenobel via a July 2016 acquisition, it has eyed the ice cream sector as a cool growth opportunity.
The Compound Company, the fast-growing manufacturer of EcoForte® thermoplastic performance compounds and Yparex® extrudable adhesive resins, is to double its production capacity with investments totalling €8 million.
SABIC, a global leader in the chemical industry, announces the launch of a new impact copolymer (ICP) grade – SABIC® PP PPA20 – targeted at demanding home appliances as well as high-end cosmetics, furniture and other household consumer goods. Apart from its high gloss feature that enables production of aesthetically appealing surfaces, the new compound is developed to offer well-balanced mechanical properties and easy processability, making it a promising alternative to incumbent ABS materials in these markets.
The LNP™ product line, part of global leader of diversified chemicals SABIC and the company’s foremost brand for engineering thermoplastics, this year celebrates 70 years of successful operation. A pioneer in compounding technologies, the LNP product brand has a string of important technological achievements behind it. “And scientists and technologists behind the LNP portfolio continue to push the limits of technical performance, solving new challenges on a regular basis, while remaining committed to provide unique offerings and help create value for our customers,” said Joshua Chiaw, Director, Business Management, LNP, SABIC.
Eating ice cream may seem like child’s play. Running an ice cream business certainly is not.