The company will now be known simply as Adrian, acknowledging its widening portfolio which now includes, plastics, composites, aluminium, graphics, slide-outs, and electronics.
The facility will produce PE and PP-based compounds and concentrates designed for extrusion and injection moulding applications.
Peter Jacobsen has been appointed President of EMEA (Europe, Middle East, and Africa), while Aidan O'Sullivan has been named President of the Americas.
The solution can be used in pallet wrapping and food wrapping applications.
The acquisition, worth $16.3 billion, was signed in October 2024.
The facility, located in Connersville, Indiana, is one of the world’s largest mechanical recycling facilities for plastic film.
Avantium will provide its plant-based polymer PEF that will be integrated into the Dry Moulded Fibre bottle process.
The Paris-based startup was inspired by candyfloss machines with its new compact machine that spins standard thermoplastic waste into soft fibres.
The company’s investment in Daploy High Melt Strength polypropylene is worth around €100 million.
Alterra has produced 9.5 tonnes of plastic pyrolysis oil from end-of-life plastics.
Recycled waste can be converted into sustainable chemicals, fertilisers, and materials like plastics.
The company will provide the kitchenware manufacturer with copolyester and circular recycled plastic materials.
