The deal will see the sale of select olefins and polyolefins assets and the associated business in Europe.
The move follows similar actions against single-use plastic bags and packaging in other African nations including Kenya, Nigeria, Rwanda, South Africa, Tanzania, and Uganda.
Both companies are known leaders in the plastic goods manufacturing space in North America.
The company will partner with the Ministry of the Interior and Safety, local governments, and private companies on the project.
The company has expanded its facility in Heredia by 16,000 square feet.
The risk evaluation specifically revolves around when the packaging has been exposed to high temperatures in microwaves or dishwashers.
The PFAS-free polymer processing aids are ideal for polyolefin extrusion applications.
The solution will be used in Saga’s dry food range, replacing the non-recyclable multi-material plastic alternative.
During the exclusive K Preview Press Talk, the company went on to tease what they will be exhibiting at the event.
Julia Stadler, who has served as the company's Chief Digital Officer for the past two years, took up her new position on the 1st of June.
The legal issue relates to a patent infringement regarding the company’s ad*starKON bag conversion line to produce AD*STAR block bottom valve bags made of plastic fabric.
The solution incorporates Cygnet Texkimp’s dual-mode thermoplastic processing line, which enables direct melt and slurry-based processing.