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Shuffle Board: BioFluff Taps Circ Co-Founder as Interim CEO
Yahoo Finance· 2025-11-28 18:28
Retail Department store chain Kohl’s has named Michael Bender as chief executive officer, following his tenure as interim CEO since May. Earlier in his career, Bender served as president and CEO of optical retailer Eyemart Express, from January 2018 to April 2022, previously as president from September 2017 to January. 2018. Before joining Eyemart Express, Bender held various executive management positions at Walmart, including chief operating officer of global e-commerce and executive vice president and ...
Aduro Clean Technologies Reports Successful Pilot-Scale Steam-Cracking of Plastic-Derived Hydrochemolytic™ Oil
Globenewswire· 2025-11-20 13:00
Core Insights - Aduro Clean Technologies has successfully completed pilot-scale steam-cracking trials, demonstrating that its Hydrochemolytic™ oil can be processed without hydrotreatment or dilution, yielding olefins comparable to conventional feedstocks, indicating its potential as a drop-in circular feedstock for steam crackers [1][5][6] Company Overview - Aduro Clean Technologies is focused on transforming lower-value feedstocks, such as waste plastics and heavy bitumen, into valuable resources using patented water-based technologies [9] Technology Validation - The trials conducted in October 2025 at a pilot-scale facility in Europe used a hydrocarbon liquid product derived from mixed waste plastics, confirming the Hydrochemolytic™ oil's suitability for stringent steam-cracker feedstock specifications without costly post-treatment [4][5] - The technology achieves a higher saturation rate and lower impurity content compared to traditional chemical recycling processes, which often require extensive sorting and upgrading [3][4] Economic and Environmental Impact - The ability to use Hydrochemolytic™ oil without additional hydrotreatment or dilution simplifies the processing pathway, potentially reducing capital investment and operational expenses for downstream operators, thereby improving project economics [5][6] - The findings suggest that the technology can help bridge the gap between waste plastic sources and the production of new, virgin-quality plastics, enhancing both economic and environmental models [6][7] Future Directions - Aduro plans to collaborate with global partners to further evaluate feedstock quality, scalability, and integration pathways for its Hydrochemolytic™ Technology, marking a significant step in its commercialization pathway [8][9]
Tenneco Unveils GLYCODUR® NEO, The PFAS-Free Bearing Material Advancing Sustainability
Globenewswire· 2025-10-08 10:38
Core Insights - Tenneco has launched GLYCODUR® NEO, a new bearing solution utilizing GLYCO 692, a PFAS-free material aimed at meeting the demand for sustainable and high-performance sliding solutions [1][2][3] Product Features - GLYCODUR® NEO with GLYCO 692 is designed for both dry and lubricated applications, offering excellent tribological performance, safety, and versatility [1][3] - The material GLYCO 692 provides excellent friction characteristics, high wear-resistance, and superior load-bearing capabilities without PFAS compounds [2][6] - Key specifications include a static load capacity of up to 250 MPa and a dynamic load capacity of up to 80 MPa, with an operating temperature range from -50°C to +260°C [6][7] Material Composition - GLYCO 692 is a three-layer composite consisting of a steel backing, an open-pore tin-bronze sintered matrix, and a thermoplastic-based sliding layer enriched with effective fillers, ensuring mechanical and thermal stability [7][8] Applications - The product is available in various formats such as strips, wrapped bushings, flange bushings, and thrust washers, making it suitable for a wide range of industrial and automotive applications, including pumps, transmissions, and shock absorbers [8][9] Company Overview - Tenneco is a leading designer, manufacturer, and marketer of automotive products, focusing on advancements in global mobility through its various business groups, including DRiV, Performance Solutions, Clean Air, Powertrain, and Champion® [10]
Magnera’s Sontara® brand wins INDA’s® Long-Life Achievement Award at IDEA® 25
Globenewswire· 2025-06-12 14:04
Core Insights - Sontara's EcoRE bags received the IDEA Long-Life Achievement Award at IDEA 25, highlighting their innovation in nonwovens and engineered fabrics [1] - EcoRE material is made from cellulosic fibers, certified for home composting, and offers exceptional strength and durability [1][2] - The material serves as a sustainable alternative to traditional synthetic materials, particularly in light of global plastic bag bans [3] Product Features - Sontara EcoRE is the first nonwoven material of its kind, providing a cost-effective alternative to woven fabrics while maintaining high strength without added binders [5] - The bags are designed for high-performance and semi-durable applications, such as shopping bags, due to their textile-like properties [5] - EcoRE material is available as finished bags with personalization options and as versatile nonwoven material for various applications [6] Company Overview - Magnera Corporation serves over 1,000 customers globally, offering a diverse range of material solutions across multiple industries, including hygiene products and construction [9] - The company operates 46 production facilities and employs over 9,000 people worldwide [9] - Magnera has a long-standing commitment to innovation, sustainability, and performance, continuously adapting to meet changing market demands [10]
Bioplastics Global Overview Report 2024-2030: Fluctuating Petroleum Prices Drive Manufacturers Toward Biomass-Based Plastics
Globenewswire· 2025-03-06 15:56
Core Insights - The global bioplastics market is projected to grow significantly, with volume demand expected to reach 5.9 million tons by 2030, reflecting a CAGR of 16.9% from 2024 to 2030. The market value is anticipated to rise to US$44.3 billion by 2030 from US$14.1 billion in 2024, driven by environmental awareness and regulatory measures [3][5]. Market Overview - The report analyzes the bioplastics market globally and regionally, focusing on types and applications from 2021 to 2030, with projections for 2024 to 2030 [1][2]. - Major companies in the bioplastics sector are profiled, highlighting their roles in market development [1]. Regional Analysis - Europe leads the global bioplastics market due to high consumption, R&D activities, and stringent environmental regulations. The region's automotive sector and demand for bio-based packaging materials are key drivers [6]. - The Asia-Pacific region is expected to experience the fastest growth in bioplastics demand, supported by government regulations, production capabilities, and a growing population [7]. Type Analysis - Biodegradable bioplastics are projected to dominate the market due to their versatility and demand from various sectors, including textiles and packaging. Concerns over plastic pollution and regulations banning single-use plastics are expected to boost this segment [8]. - Non-biodegradable bioplastics also have significant applications in automotive and food packaging, valued for their durability and cost-effectiveness [9]. Application Analysis - The packaging sector is the largest application for bioplastics, driven by the need for eco-friendly alternatives amid growing plastic waste concerns [10][11]. - The automotive and transportation sectors are anticipated to see the fastest growth in bioplastics usage, attributed to their strength-to-weight ratio and fuel efficiency benefits [11][12].
2,5-Furandicarboxylic Acid (FDCA) Strategic Industry Report 2024-2030: Robust Chemical Consumption to Benefit Demand for Furandicarboxylic Acid, Increasing Use of FDCA in Pharmaceutical Applications
Globenewswire· 2025-03-03 09:06
Market Overview - The global market for 2,5-Furandicarboxylic Acid (FDCA) was valued at US$548.9 Million in 2024 and is projected to reach US$794.0 Million by 2030, growing at a CAGR of 6.3% from 2024 to 2030 [2][10]. - The PET Application segment is expected to reach US$473.1 Million by 2030 with a CAGR of 6.7%, while the Polyamides Application segment is set to grow at a CAGR of 6.3% over the analysis period [1]. Regional Analysis - The U.S. market for FDCA is valued at $138.5 Million in 2024, and China is forecasted to grow at an impressive 9.0% CAGR to reach $73.4 Million by 2030 [1]. - Key regions also include Japan, Canada, Germany, and the Asia-Pacific, which are expected to show significant growth trends [1]. Growth Drivers - The growth in the FDCA market is driven by technological advancements, increasing regulatory support for sustainable materials, and growing consumer demand for eco-friendly products [4][5]. - Rising consumer awareness about the environmental impact of plastic waste is boosting demand for sustainable packaging solutions [5]. Production Technologies - FDCA production involves the catalytic conversion of biomass-derived carbohydrates, such as fructose, through various chemical processes [6]. - Enzymatic methods are being explored for their specificity and environmental benefits, alongside integrated biorefinery approaches to enhance economic viability [7]. Trends and Innovations - Current trends in the FDCA sector emphasize sustainability and innovation, with a focus on new feedstocks and catalysts to improve production efficiency [8]. - Collaborations between industry and academia are accelerating the commercialization of FDCA and its derivatives, with a growing interest in recycling and reduced fossil resource dependence [9]. Applications - FDCA is emerging as a key player in sustainable packaging, particularly in the production of polyethylene furanoate (PEF), which can substitute for polyethylene terephthalate (PET) [3]. - The versatility of FDCA allows for high-performance polymers in diverse applications, including packaging, textiles, coatings, and adhesives [5].