CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
M. HOLLAND | March 17, 2023
M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced a new partnership with Lavergne, a global manufacturer specializing in the formulation of customized compounded engineered resins, to distribute post-consumer recycled (PCR) resins. This partnership will allow M. Holland’s clients to access Lavergne’s certified PCR resins with increased supply chain security and pricing stability.
“Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has accelerated in recent years,” said Samantha Stone, Global Sourcing Leader, Sustainability, at M. Holland. “Lavergne produces superior, renewed thermoplastic resins that we’re proud to offer our customers. Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where there is currently no viable solution. M. Holland’s customers should also benefit from more stable pricing because Lavergne’s portfolio is 100% recycled plastics and does not depend on shifting petroleum prices.”
PCR resins are a growing product segment that complements traditional petroleum-based resins. There is burgeoning demand for PCR resins to meet the needs of brand owners and original equipment manufacturers (OEMs), many of whom have set aggressive sustainability goals. Demand is growing across several durable goods segments, including automotive, consumer electronics, home appliances, and office furniture and supplies. M. Holland’s customers can be confident in the quality of resins produced by Lavergne, which has 35 years of experience in the plastics industry.
“With a shared vision for sustainability, establishing a partnership with M. Holland was an easy decision,” said Benoit Bessette, Vice President, Strategy and Planning, at Lavergne. “We look forward to working with M. Holland and educating the market on the necessary transition to PCR resins by supplying trusted and cost-effective, sustainable materials, while drastically reducing their carbon footprint.”
Lavergne is an industry leader in the advancement of engineered thermoplastics focusing on designing, developing and manufacturing high-value sustainable resins using 100% PCR plastics. It has manufacturing sites in Montreal, Belgium, Vietnam and Haiti, providing supply chain security, high-quality certified materials and stable pricing for M. Holland’s customers.
ABOUT M. HOLLAND
M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering clients innovative sourcing and supply chain solutions, delivering materials that empower sustainable innovation, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships and innovation has formed the core of the company’s heritage, culture and vision. Headquartered in Northbrook, Illinois, M. Holland has over $1.5 billion in annual sales, partners with more than 4,000 customers annually, and serves over 70 countries across North America, LATAM, EMEA and Asia. M. Holland has offices located in the U.S., Mexico, Puerto Rico and the Netherlands.
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PRODUCTS AND TECHNOLOGIES, RAW MATERIALS
DayGlo | March 16, 2023
DayGlo Color Corp., one of the world's leaders in manufacturing daylight fluorescent pigments, has recently announced the introduction of Elara Luxe, its latest innovation in fluorescent color technology for the personal care and cosmetics industries.
The Elara Luxe product range, which includes seven new plant-based fluorescent pigments, was created with the notion that clean beauty should never have to sacrifice brilliance. It empowers formulators and transforms the conventional way of thinking about color in the sector. For the very first time, clean beauty products can have the robust and rich palette that clients demand. Elara Luxe pigments provide new opportunities for creating vibrant colors with unprecedented color breadth and intensity.
Customers are driving demand for environmentally friendly products that are free of toxic substances. The new product range has no microplastics, which benefits both consumers and the environment. Elara Luxe exemplifies clean beauty standards and establishes a new class of cosmetic colorants derived from all-natural rice protein, a potent union of nature and technology. All pigments are plant-based, naturally biodegradable, vegan, kosher, non-GMO, and halal-approved.
Elara Luxe colorants are compatible with oil-based, solvent-based, and water-based formulations. This makes them suitable for a wide variety of applications when utilized in compliance with the usage and restrictions specified in 21 CFR Part 82 Subparts B and 21 CFR Part 74 Subpart C, C, and D. These include cosmetics, temporary hair color, lotions and soaps, lip gloss and lipsticks, face paint, and nail polish or nail lacquer.
Will Wooten, VP of Global Sales and Marketing at DayGlo, said, "The Elara Luxe range is a key element of DayGlo's growth strategy." He added, "As America's leading fluorescent pigment manufacturer, we are ecstatic about our latest innovation. Here is a product with the power to revolutionize the palette available to formulators."
(Source – Business Wire)
About DayGlo
DayGlo, founded in 1946, is the world's leading manufacturer of daylight fluorescent pigments, and it creates technology to improve and enhance colors. Headquartered in Cleveland, Ohio, the company manufactures pigments, inks, toners, coatings, and fluorescent dispersions for a range of applications, including food and beverage, plastics, safety equipment, and consumer goods. Moreover, DayGlo markets the Radiant, Swada, and Sterling fluorescent colorant brands in Europe and other regions.
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CHEMICAL TECHNOLOGY, SCIENCE AND RESEARCH
NuScale Power | March 10, 2023
On March 9, 2023, NuScale Power Corporation, one of the top providers of the advanced nuclear small modular reactor (SMR) technology, announced that it has placed the first order with Doosan Enerbility for the first upper reactor pressure vessel (RPV) long lead material (LLM) production. Doosan is a world-class engineering and manufacturing company.
The materials ordered are crucial for producing the first NuScale Power Modules, anticipated to be operational at the Carbon Free Power Project of the Utah Associated Municipal Power Systems as early as 2029. NuScale Power and Doosan Enerbility also agree to manufacture extra modules for upcoming NuScale VOYGR™ SMR power plant projects with comparable delivery schedules.
President and CEO of NuScale, John Hopkins, said, "Finalizing and submitting this order to our valued partner, Doosan, showcases NuScale's transition to the manufacturing phase of our modules and highlights our advanced position in the market to deploy our SMR technology to customers by the end of the decade." He added, "Our strong relationships with experienced partners like Doosan demonstrate NuScale's robust global supply chain and positions us to meet the growing interest for NuScale VOYGR power plants that we are seeing around the world."
(Source – Businesswire)
To prepare for the long lead order, NuScale Power and Doosan began working together in April 2022 to manufacture the forging dies required for the upper RPV. Following the successful completion of this step, the newly-placed LLM order consists of heavy forgings, steam generator tubes, and welding material for six upper RPVs, totaling more than 2,000 tons in weight.
NuScale Power is enhancing its readiness in supply chain management by collaborating with a diverse group of high-quality manufacturers and suppliers both domestically and globally, in addition to Doosan Enerbility.
About NuScale Power
NuScale Power is a US-based company specializing in designing and developing small modular nuclear reactors (SMRs). Its innovative SMR technology offers a safer, cleaner, and more flexible solution for generating electricity, particularly in remote or off-grid areas. In addition, NuScale Power's SMRs are designed to be scalable, which can be combined to create larger power plants as needed. The company's mission is to provide reliable, affordable, and carbon-free energy to people worldwide while reducing traditional power sources' environmental impact.
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