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Restor3d Buys Conformis in Medical 3D Printing Deal

3D-printed orthopedics company restor3d Inc. has entered into a definitive agreement to acquire all outstanding common stock shares of Conformis, which has “image-to-implant” technology to fabricate patient-specific knee implants in its product portfolio. The $2.27 per share in cash offered by restor3D represents an approximate 96% premium to the closing price of Conformis stock on June 22, 2023. The deal is expected to close by the end of the third quarter…

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A Solution to Homelessness Built by Plastics

A lack of affordable housing is one of the causes of homelessness in major US urban centers. In Los Angeles County, where I live, more than 69,000 people are experiencing homelessness, according to the most recent survey of the L.A. Homeless Services Authority. Encampments riddle Los Angeles and surrounding communities and there is a wearied sense among residents that the problem has become intractable. An architect/entrepreneur by the name of…

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Nova Chemicals Shuffles Senior Leadership in Sustainability Push

Canada’s Nova Chemicals Corp. has announced strategic senior leadership changes designed to buttress its ambition to be in the industry vanguard of sustainability and the circular economy, as outlined in its Roadmap to Sustainability Leadership.  VP of polyethylene marketing Greg DeKunder has been named vice president of Nova Circular Solutions, a new business line created in February of this year. Replacing DeKunder as vice president of polyethylene marketing is Sarah Marshall,…

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Polycarbonate Powers Sailboat’s Attempt to Set World Speed Record

A sailboat powered solely by the wind that glides across the water at a speed of 80 knots (92 mph) — this is what the designers of the SP80 speedboat promise. The vessel will have its first “test drive” along the French Mediterranean coast this summer. The goal: To set a new world speed record for sailboats. As a member of the Record Club, the SP80 team’s partner network, the Exolon…

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Purpose-Built System Enhances Capacity and Flexibility for Recycler

Originally operating a single truck,  Boston waste-management company Save that Stuff recently embarked on a mission to provide alternatives to traditional waste disposal, helping businesses dispose of recoverable plastics that may otherwise be landfill-bound. Save That Stuff’s new recycling line processes hangers. (Photos: Cumberland) Save that Stuff, which was founded in 1990 by CEO Erik Levy,  provides waste-management services for a wide range of materials. It recently found opportunities to expand its plastic recycling…

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Solvay to Accelerate Composites Adoption on Tomorrow’s Aircraft

Solvay and Spirit AeroSystems (Europe) Ltd. have strengthened their relationship, as Solvay becomes a strategic partner of Spirit’s Aerospace Innovation Centre (AIC) in Prestwick, Scotland. The AIC facilitates collaborative research into sustainable aircraft technologies and processes with Spirit’s industrial, academic, and supply-chain partners. Both companies intend to further engage on composites development opportunities to meet the performance, cost, and production requirements of future aircraft. “Solvay’s product development leadership and our…

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