Spartech &Crawford Industries | September 18, 2021
Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, is pleased to announce the acquisition of Crawford Industries, L.L.C. This partnership will provide Spartech with new opportunities for growth and strengthen its abilities to develop and deliver standard and custom plastic sheet and packaging products to its valued customers.
"It's the beginning of a great and mutually beneficial relationship – Spartech has the desire and resources to help Crawford take its business to the next level, and they have high-quality, thin-gauge capabilities that will enhance Spartech's existing product offerings," said Spartech CEO John Inks. "Together, we will be able to offer our joint customer base a wider array of products that we can leverage into new, more complete and more customized solutions."
"Joining an industry leader with 14 manufacturing sites and a unique Innovation Center, a diverse arsenal of technologies, and enduring customer partnerships will accelerate Crawford's growth initiatives," said Kendall Faulstich, Co-President of Crawford Industries.
Crawford Industries has more than 50 years of experience in manufacturing thin-gauge extruded polyethylene (PE) and polypropylene (PP) sheets and converting them into unique, environmentally friendly products that will add depth to Spartech's plastic products line. Founded in 1959 by Ken Crawford, the company's ability to not only extrude, but also convert PE and PP products through printing, die cutting and a variety of finishing capabilities, gives it a distinct differential advantage in its markets and provides one-stop shopping for its customers.
Headquartered in St. Louis, Missouri with a unique Innovation Center and 14 manufacturing facilities located throughout the United States, Spartech is a leading plastics manufacturer of engineered thermoplastic materials and specialty packaging products. Meeting exact standards for everything from food packaging to aerospace and automotive applications, Spartech continues to make a world of difference with sustainable, diverse, reliable and innovative products including UltraTuf, Royalite, Korad, PreservaPak and Polycast.
About Crawford Industries
With plants in Crawfordsville, Indiana and Thomasville, Georgia, Crawford Industries is the leading producer of graphic-quality polyethylene and polypropylene sheet and the industry leader in printing and converting for 50 years. Crawford makes custom packaging using plastic materials that are environmentally friendly, durable and cost effective.
Pistoia Alliance | October 19, 2020
CAS, a division of the American Chemical Society specializing in scientific information solutions, and the Pistoia Alliance, a global non-profit that works to lower barriers to innovation in life science and healthcare R&D, today announced the launch of a new Pistoia Alliance Chemical Safety Library platform. This resource aims to mitigate the serious risks researchers working with potentially hazardous chemicals face due to unanticipated chemical reaction outcomes by enabling scientists to access and share hazardous reaction information drawn from real-life laboratory experiences. The new open access platform, developed and hosted by CAS, supports industry efforts to increase the safety of workers in the lab by facilitating data sharing across the global chemical enterprise. "We have a duty to ensure the health and safety of researchers dedicating their lives to delivering breakthrough innovations," said Carmen Nitsche, General Manager Cambridge Crystallography Data Centre and Chair, Chemical Safety Library Advisory Panel, "The Chemical Safety Library fulfils an important need and adds a key component to our safety toolbox."
Lummus Technology, Phigenesis Limited | November 23, 2021
Lummus Technology, through its Green Circle subsidiary, announced that it has finalized a Letter of Intent (LOI) with Phigenesis, a UK-based company established to deliver ISCC+ certified renewable chemical feedstock for use in existing petrochemical plants to manufacture virgin grade plastics, suitable for all grades of application.
Under the agreement, Phigenesis will deploy the Lummus New Hope Plastics Pyrolyisis Technology for a new chemical recycling facility with a capacity of 150,000 tonnes per annum. This will be the first license of the proven chemical recycling technology in Europe, and at this scale, the first project will significantly increase the current European chemical recycling capacity.
"Lummus has tremendous focus on providing innovative solutions to the marketplace that promote the global energy transition. Our technology for advanced chemical recycling of plastic waste is just one of the many pathways we are deploying to support this global effort. We are extremely proud to support Phigenesis' overall plan to deliver these units to the European market and thus to make a significant contribution to eliminate plastic waste."
Leon de Bruyn, President and Chief Executive Officer of Lummus Technology
"Phigenesis is committed to delivering meaningful volume contributions to the circular and low emission economy, using significant quantities of otherwise unrecycled and incinerated waste plastics to produce feedstock for petrochemical facilities to make plastics, displacing virgin materials," Chris Moore, Chief Executive Officer of Phigenesis said. "We are delighted Lummus Technology is partnering with Phigenesis, enabling us to deploy the Lummus New Hope Plastic Pyrolysis Technology at a scale attractive to this evolving market."
This agreement accelerates Phigenesis' delivery of European projects, with the first site to be sized at 150,000 tonnes per annum, using proven operating technology. Based on the Lummus New Hope Plastics Pyrolysis process, the new facility will allow for a significant reduction in the carbon emissions compared to plastics waste incineration and virgin polymers production, and will help in the fight against climate change by a direct displacement of oil-derived feedstocks with recycled content. The technology is part of a partnership formed in 2020 between New Hope Energy and Lummus, combining Lummus' ability to license, scale-up and further develop process technology and New Hope Energy's operational experience and waste conversion technology.
Green Circle is a leader in commercializing and developing breakthrough solutions to address all the key pillars of the energy transition, including end-of-life waste plastics recycling, production of bio-derived sustainable chemicals and decarbonization strategies for existing and new assets.
Phigenesis has plans for developing five similar sized projects in Europe, including feedstock supply, product sales and delivery of engineering. Phigenesis' approach to each project prioritizes the use of renewable energies and low emission technologies to ensure a major contribution to net zero is achieved.
About Lummus Technology
Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide.
About Phigenesis Limited
Phigenesis was established in 2019 by a veteran team of energy asset developers who have deployed over £2.5 billion into port located infrastructure under project finance structures during the energy transition. Phigenesis was established to act as a platform for independent funding of transitional waste plastics conversion projects and associated commodities. Phigenesis is developing a fleet of waste plastic chemical recycling facilities across Europe, and appointed Alexa Capital earlier in 2021 as its financial advisor.