Smyth Companies will permanently close its Wilmington, Mass., plant and lay off 69 employees between March and July 2026, following its acquisition by private equity firm Crestview Partners.
Arkema SA plans to divest part of its plastic additives business — impact modifiers and processing aids in Europe and Asia — to India’s Praana Group, while retaining its U.S. operations.
Facing pressure from the Make America Healthy Again movement, EPA Administrator Lee Zeldin said plastics issues will be part of a new MAHA agenda at the agency.
Canada has scrapped its planned export ban on single-use plastics, citing limited global impact and concerns over economic harm to its domestic manufacturers.
The U.S. plastics industry wants the new USMCA trade pact to crack down on what it says are Asian competitors using Canada and Mexico as a tariff-free back door to the United States.
Nexam Chemical is ramping up its recycling additives business after a surge in demand, aiming to double sales over the next two years with help from a new $4.9 million share offering.
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