M. Holland Enters into Partnership to Stabilize Supply, Pricing of PCR Resins
The distributor of thermoplastic resins has partnered with Lavergne, whose portfolio of 100% recycled plastics is not affected by shifting petroleum prices.
March 16, 2023
M. Holland Co. today announced a new partnership with Lavergne, a global manufacturer specializing in the formulation of custom compounded engineered resins, to distribute post-consumer recycled (PCR) resins. This partnership will allow M. Holland, an international distributor of thermoplastic resins and ancillary materials, to provide clients with access to Lavergne’s certified PCR resins with increased supply chain security and pricing stability, said the news release.
Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has accelerated in recent years, noted Samantha Stone, global sourcing leader for sustainability at M. Holland. “Lavergne produces superior, renewed thermoplastic resins that we’re proud to offer our customers. Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where there is currently no viable solution. M. Holland’s customers should also benefit from more stable pricing because Lavergne’s portfolio is 100% recycled plastics and does not depend on shifting petroleum prices.”
Demand for PCR resins is growing as brand owners and OEMs seek to achieve the aggressive sustainability goals they have set. Demand is especially acute across several durable goods segments, including automotive, consumer electronics, home appliances, and office furniture and supplies.
“With a shared vision for sustainability, establishing a partnership with M. Holland was an easy decision,” said Benoit Bessette, vice president, strategy and planning, at Lavergne. “We look forward to working with M. Holland and educating the market on the necessary transition to PCR resins by supplying trusted and cost-effective, sustainable materials, while drastically reducing their carbon footprint.”
Lavergne has 35 years of experience in the plastics industry with an emphasis on designing, developing, and manufacturing high-value sustainable resins using 100% PCR plastics. It has manufacturing sites in Montreal, Belgium, Vietnam, and Haiti, providing supply chain security, high-quality certified materials, and stable pricing for M. Holland’s customers.
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