Definitive agreements signed by a consortium of Heubach Group and SK Capital Partners to acquire Clariant’s Pigments business Enterprise Value of CHF 805 million to CHF 855 million, representing a 10.7x to 11.4x stand-alone adjusted EBITDA multiple per April 2021 (LTM) depending ...

Indorama Ventures Public Company Limited (IVL), a global petrochemical producer, has started developing a new technology center under its Integrated Oxides & Derivatives (IOD) business at The Woodlands, Texas. The new facility will be the company’s U.S. research and development ...

On 9 June 2021, Veolia opened the first recycling plant in Norway for returnable PET bottles. "The system shows that we are at the forefront of the world, and I am looking forward to further steps towards the circular economy," said Finance Minister Sanner, praising the system after ...

Penn Color, Inc., has announced plans to increase its presence in Asia. The decision is based on its strategy to support global customers around the world, and bring the “Penn Color experience” and Penn Color products to the region.

Carves out Evergreen Recycling from Greenbridge Packaging and acquires CarbonLITE's ...

Chroma Color Corporation, a leading specialty color and additive concentrate supplier in the plastics marketplace with an extensive manufacturing footprint throughout the United States, is pleased to announce Wayne Comeau, Bob Mann and Tony Tanner have joined the sales team.

COMPETEK-Sustainable Packaging Solutions is the new player in the international packaging industry. Born from the synergy between PET Engineering and COMEP, aiming to provide Food, Beverage and homecare packaging manufacturers with a sustainable and efficient product line.

Evergreen, the PET recycling division of Greenbridge, has announced its intent to acquire CarbonLite’s PET recycling facility in Riverside, California, in a deal that will significantly enhance the company’s position as a leading PET recycler and manufacturer of food-grade RPET. The ...

Avient Corporation, a leading provider of specialized and sustainable material solutions, has announced that Dr. Vinod Purayath has joined the company as Senior Vice President and Chief Technology Officer.

PolyQuest, Inc., distributor of PET resins and manufacturer of recycled PET resins in North America, announces the expansion of their facility in Darlington, South Carolina.