Materials
Saco AEI Polymers is ramping up its global footprint with major expansions in the U.S., Mexico, and India. The Sheboygan, Wis.-based materials firm recently acquired a 222,400-square-foot facility near its headquarters, investing $7 million to add four twin-screw extrusion lines and significantly boosting production capacity.
Polyethylene and polypropylene resin distributor Quantum Polymers Inc. has expanded its branded portfolio with ExxonMobil to include high density PE blow molding and crosslink resins.
Before joining Pinnacle, Anthony Petitti worked in player development for the Atlanta Braves and Boston Red Sox of Major League Baseball. He recently took some time to answer questions about the current labor market.
Increased interest in recycled PVC has led compounding firm Benvic to double capacity for that material at a plant in France.
Hamburg, Germany-based polymer distributor Bieglo GmbH's subsidiary, BARplast LLC, in Houston, Texas, provided a thermoplastic polyimide for NASA to study insulation for electric engines in aerospace at the Glenn Research Center in Cleveland, Ohio.
BASF and electronics giant Siemens presented a circuit breaker with components made from biomass-balanced plastics at Fakuma 2024.
Nexeo Plastics — a materials supplier based in The Woodlands, Texas — already has sold 100 million pounds of material through the MyNexeo e-commerce program so far in 2024.
A joint venture between material firm Braskem SA of Brazil and Japanese industrial conglomerate Sojitz Corp. plans to build a $400 million plant making bio-based plastic feedstocks in Lafayette, Ind.
Materials makers LyondellBasell Industries and Eastman Chemical Co. saw mostly lower financial results in 2023.
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