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A new line of Novolen Enhance performance polypropylene (PP) polymers from Lummus Technology is designed to reduce carbon footprints while boosting material performance in blends with recycled polymers from post-industrial or post-consumer waste. Using Enhance performance polymers in combination with recycled polymers, carbon footprints can be reduced by more than 40% compared with virgin materials, while achieving virgin-like material performance, said Lummus, a global supplier of process technologies and value-driven energy solutions.…

French contract manufacturer Clayens Group has signed a definitive agreement to acquire plastics processor Parkway Products LLC, One Equity Partners (OEP) announced today. The middle-market private equity firm, which has been a financial backer of Clayens since last year, also announced the completion of a carve-out of the Crystal Lake, IL, injection molding plant and transfer of in-house operations from a global healthcare corporation to Clayens. The terms of the…

Rodney Davenport of CH3 Solutions — a two-time Top Shops Honoree — breaks down why his molding operation participates in the free anonymous survey.Photo Credit: Plastics Technology Plastics Technology continues to accept submissions for its annual Top Shops Benchmarking Survey for injection molders, but the window to finish your survey and open a  window onto your business is quickly closing. The free, anonymous survey will close on April 30, after…

Tupperware announced on April 7 that it has engaged financial advisors to help improve its capital structure and remediate its “doubts regarding its ability to continue as a growing concern.” The news sent the company’s shares plummeting 48% today, reports Reuters. The iconic American brand’s earnings more than quadrupled in the third quarter of 2020, as lock-downs led to a surge in home cooking and leftovers. Since then, however, as people…

The clock is ticking on the Call for Papers for The Extrusion 2023 Conference. If you are interested in participating, please let us know by July 30. Plastics Technology is bringing the world of extrusion to Indiana at the Hyatt Regency Indianapolis, October 10-12 for The Extrusion 2023 Conference. During this event, business owners, plant managers, process engineers and manufacturing personnel will be brought up to speed on technology developments…