October 17, 2011
The potential sale of materials firm Citadel Plastic Holdings is featured in this week's Plastics News' Material Insights video. A recent report from the Reuters news service indicated that Citadel owner Wind Point Partners might be shopping Citadel. Senior reporter Frank Esposito also discusses PTT Chemicals' $150 million acquisition of a 50 percent stake in bioplastics maker NatureWorks. The video wraps up with news that Italian PET leader M&G Group and American investment firm TPG Capital have formed Beta Renewables, a joint venture focused on bioplastics technology.