Avery Dennison is to acquire the European business of Mactac from US private equity firm Platinum Equity for the purchase price of €200 million ($226m) including assumed debt. The deal will expand Avery Dennison’s position in the European graphics markets.
The US space agency NASA has chosen Clemson University in South Carolina to carry out a research project that it hopes will lead to the conversion of human waste into viable products such as plastics and vitamins for its space missions.
UK compounding firm Petlon Polymers has bought a share of the manufacturing assets and customer lists from US material science company Teknor Apex. The move follows a fire in April that hit Teknor’s compounding facility in Oldbury, UK, which produced engineering thermoplastics (ETPs) and thermoplastic elastomers (TPEs).
Dutch life sciences and material sciences company Royal DSM has completed a five-year long upgrade of its engineering plastics facility in Emmen, The Netherlands in order to increase the company’s sustainability.
Reverdia, the joint venture between materials sciences company DSM and Roquette Frères, a producer of starch and starch-derivatives, has started operations in Cassano Spinola, Italy, at a commercial-scale plant producing Biosuccinium sustainable succinic acid.
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