Frank Esposito

5 days ago | plasticsnews.com | Frank Esposito

Dow Inc. is selling its 50 percent stake in DowAksa Advanced Composites Holdings BV to joint venture partner Aksa Akrilik Kimya Sanayii AS for $125 million. DowAksa operates a plant in Yalova, Turkey, making carbon fiber products for transportation, energy, defense and other markets. Aksa is a leading supplier of acrylic fibers.

1 week ago | plasticsnews.com | Frank Esposito

Resin distributors are wrestling with uncertainty — mainly from tariffs — as they approach the midpoint of 2025. Plastics News recently spoke with executives at distributors across the industry to get their takes on the challenges of the first half of 2025. Here's what they had to say. Although some seasonal factors have affected resin buying so far in 2025, most changes in purchasing are linked to major tariffs launched by the U.S. on April 2, with some of those reduced as of May 12.

1 week ago | plasticsnews.com | Frank Esposito

Star Plastics Inc. has blazed trails for others to follow in Ravenswood, W. Va.On May 12, Star Plastics Trails was dedicated in Ravenswood. The area includes walking and biking trails to enhance recreation in town, Star officials said on a LinkedIn post. "The trails are named in honor of the hard-working and dedicated employees at Star Plastics," they added. Star founder Doug Ritchie cut a ribbon at the event to open the trails.

1 week ago | plasticsnews.com | Frank Esposito

Vinmar International LLC will globally distribute polypropylene resin made at a plant opened in Nigeria by Dangote Petroleum Refinery & Petrochemicals. In a news release, officials with both firms said distribution of the material outside of Africa will be done through the Premier Product Marketing LLC unit of Houston-based Vinmar. Dangote PRP is a unit of Dangote Industries Ltd. of Lagos, Nigeria. Dangote is in the startup phase of PP production at the plant in Lekki.

2 weeks ago | plasticsnews.com | Frank Esposito

Nova Chemicals Corp. officially commissioned its first polyethylene film recycling plant on May 22 in Connersville, Ind. The facility, called Syndigo 1, is "one of the largest and most sophisticated" plastic film mechanical recycling facilities in the world, officials with Calgary-based Nova said in a news release. The plant covers 450,000 square feet and will recycle 145,000 bales of end-of-life plastic film to make more than 100 million pounds of Syndigo-brand recycled linear low density PE.