US Farathane sold in deal focused on future acquisitions, growth
Atlas Holdings LLC announced April 25 that it has agreed to buy Auburn Hills, Mich.-based automotive supplier U.S. Farathane LLC from the Gores Group investment firm.
Atlas Holdings LLC announced April 25 that it has agreed to buy Auburn Hills, Mich.-based automotive supplier U.S. Farathane LLC from the Gores Group investment firm.
While renewables are all the rage in many applications — or so it seems — bio-based polymers typically are not under material selection consideration for medical devices. One exception to the rule is the housing of a female urinary catheter marketed by Swedish medtech OEM Wellspect HealthCare. The LoFric Elle device incorporates CirculenRenew polymers from LyondellBasell. The grade is ISCC PLUS–certified and comes with a mass balance certificate allocating the…
As the Federal Trade Commission is flooded with comments in its review of environmental marketing guidelines, plastics concerns are prominent.
Tulsa-based Greystone Logistics Inc. announced today the purchase of Paradigm Plastic Pallets extrusion lines, plastic pallet manufacturing equipment, and the reinstatement of production capabilities at the Jasper, IN, facility. The pallets are manufactured using a hollow profile extrusion process and include robotics, as shown in this video, to facilitate production. Recycled plastic will be used in the process consistent with Greystone’s green standards. The pallets produced at this plant are…
Ohio-based Philpott Solutions is adding plastics molding and tooling capacity with the acquisition of Castino Corp.
Norfolk Southern Corp, has completed excavation of impacted soil beneath the railroad track involved in a Feb. 3 derailment in East Palestine, Ohio. In an April 14 news release, officials with Atlanta-based NS said that track restoration will be completed “in the coming days.” They added that the full excavation “marks a significant step in [the firm’s] commitment to clean up the derailment site safely, thoroughly and with urgency.” After…
The plastics fire in Richmond, Ind., has been fully extinguished and the Environmental Protection Agency has ended air monitoring in the area. Richmond Fire Department officials said the fire was completely out on April 18. The fire began April 11 when warehouses storing waste plastics caught fire. More than 2,000 people in the area were evacuated from their homes until April 16. On April 19, the EPA stopped air testing after…
Industry groups had a mixed reaction to a draft U.S. plastics strategy released April 21 from EPA. Also, the White House is putting a higher priority on dealing with plastics pollution.
Two highly successful Danish companies in very different sectors — medical device OEM Novo Nordisk and the world’s largest toymaker Lego — have agreed to purchase e-methanol from European Energy A/S for some of their plastics processing operations. E-methanol is described as a lower-carbon alternative to conventional plastic production by European Energy, which produces the material on Danish soil based on renewable energy from wind and solar plants as well as biogenic…
Eastman has announced the successful completion of its closed-loop recycling project for automotive mixed plastic waste. Through a collaborative effort, Eastman, the United States Automotive Materials Partnership LLC (USAMP), automotive recycler Padnos, and global automotive interior supplier Yanfeng demonstrated first-of-its-kind plastic recycling using a by-product of shredded end-of-life vehicles. Technology diverts plastic waste from landfill When automobiles are at the end of their life, metals, tires, and glass account for…