Companies are showing strong interest in increasing their use of bio-based plastics, but cost, performance concerns and the complexity of switching materials continue to hold back purchasing.
Advanced Drainage Systems is paying about $530 million for StormTrap, expanding the major plastic pipe producer further into large-scale stormwater storage as it continues to diversify beyond pipe.
Growing concerns about global PET availability could complicate the U.S. debate over new trade protections, potentially leaving resin buyers facing both higher prices and tighter supplies.
North American Lighting is denying EEOC allegations that it failed to accommodate pregnant and nursing employees at four ...