The move will help accelerate graphene commercialisation.
The company is claiming that challenges, including EU regulations, price pressures, and competition from new markets, resulted in the closure.
The new solution offers robust UV protection, enhanced safety, and food contact approval.
The move expands the company’s portfolio in the Asia-Pacific region.
The move will expand the company’s operational footprint into southern Europe.
The facility can process up to 150,000 tons of liquefied waste plastic each year.
This achievement is a 6.5% increase (approximately) on the previous year.
The pair hopes to accelerate the development and deployment of high-performance fibre materials.
While the company is remaining coy about the solutions we can expect at the event, they have confirmed we can expect both refurbished machines and solutions that look to the future.
She succeeds Darrell Hughes, who has led the company for almost 10 years.
The solutions will help users in the agricultural and industrial sectors to reduce their product carbon footprint.
The new solution is the first Big Bag approved for direct food contact.
