Business

The drive to eliminate fossil fuels is having unintended consequences, with some industries and companies guilty of greenwashing, at best, and fraud, at worst.

The notice did not mention recent reports calling Loop Industries’ advanced recycling technology a "fiction" as a reason for the termination, but it certainly didn’t inspire Coca-Cola’s confidence in the project.

Running the gauntlet of COVID-19 has shifted how businesses think about global supply chains. Companies are not just looking at manufacturing costs, but at what happens if their supply chain shuts down.

The supplier of specialty packaging and custom molded medical devices and assemblies will begin moving into a 160,000-square-foot former plastic molding facility next month.

Berlin Packaging grows footprint in Canadian market through purchase of one of Canada’s leading packaging suppliers.

The plastics industry lost 73,000 jobs in March and April, and has gained back 55,000, or 75%, of the lost jobs. That is better than the economy as a whole.

Solvay has entered into exclusive negotiations with Composites One for the sale of its Process Materials business.

The medical device manufacturer has settled to resolve allegations that it violated the False Claims Act by paying kickbacks to a South Dakota neurosurgeon to use its products.

Mexico and Canada remain the US plastics industry’s largest export markets. Although the US plastics industry had a $13.7 billion deficit with China, resin exports recorded a $2.5 billion trade surplus.

The settlement resolves allegations that Merit Medical Systems engaged in a kickback scheme lasting more than six years to pay healthcare providers to induce use of its products in medical procedures performed on Medicare, Medicaid, and Tricare...