APR Launches Chemical Recycling Research Group TheAssociation of Plastic Recyclers (APR) has formed a new working group focused on identifying the key steps needed for chemical recycling processes to play an effective role in the recycling of plastic products. The APR Chemical Recycling Research Working Group, announced to APR members at the APR Annu- al Meeting, has the goal of clarifying the fundamental steps necessary to enable chemical recycling to com- plement traditional recycling technologies and what is needed for chemical recycling to become a successful component of the overall recycling infrastructure. “Chemical recycling was developed more than 50 years ago but has recently received renewed scrutiny as well as increased regulatory action as companies look for ways to increase plastics recycling to achieve their consumer recycling commitments,” stated Steve Alexander,APR President and CEO. Circular Economy The APR Chemical Recycling Research Working Group will be co-chaired by industry veterans CarlWil- liams,Technical Associate at Eastman, and Greg Janson, President and CEO of Granite Peak Plastics. “The APR supports the opportunity to accelerate a
circular economy with plastics and reduce dependen- cy on non-renewable resources through the intersec- tion of mechanical and chemical recycling technol- ogies,” said Williams. “Technology improvement and investment across the entire recycling value chain, including mechanical and chemical recycling, will re- duce plastic waste and provide the most sustainable materials to the industry.” Gamut To Acquire Davis-Standard Gamut Capital Management, L.P., a New York-based middle-market private equity firm, has signed a defin- itive agreement to acquire Davis-Standard, LLC and its affiliates from ONCAP, the middle-market private equi- ty platform of Onex. Davis-Standard is a supplier of extrusion and convert- ing systems and related aftermarket products and ser- vices for the rigid packaging, flexible packaging and infrastructure end-markets with an installed base of approximately $7.5 billion of equipment globally. Financial terms of the transaction were not disclosed. The transaction,which is subject to customary closing conditions, is expected to close in the fourth quarter of this year.
Are you using the correct End Seal?
We provide OEM replacement and custom End Seals for all your needs.
Properly designed end seals and the correct material for your press will help eliminate leaking and preserve the life of your seal, thereby reducing down time. To best match your end seal to your application, please contact us.
Engineered Solutions for All Your Flexo Doctoring Needs!
220 Adams St. Riverside, NJ 08075 www.allisonblades.com
Tel: 856-461-9111 Fax: 856-461-9373 sales@allisonblades.com
Flexo Market News November 22, 2021 5
www.nvpublications.com
Made with FlippingBook - professional solution for displaying marketing and sales documents online