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The transaction, for an undisclosed amount, includes Plastics Color's plants at its headquarters in Calumet City, Ill., and in Asheboro, N.C.
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The businesses are being purchased by BASF and Domo Chemicals.
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The Germany-based materials compounder and distributor is now developing compounds locally at its manufacturing site in Duncan, S.C.
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Formerly called Nypro, the division will be renamed Jabil Healthcare and is comprised of orthopedics, spine, trauma and associated medical instruments operations.
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The new patented PETformance and PureTech systems ensure that GenesysNext is able to process any type or percentage of rPET material, guaranteeing the highest level of quality at the lowest cost per preform produced.
GenesysNext represents the state of the art in drying systems for preform, creating a new standard. The cost for good preform produced is now reduced to a minimum level considering the main advantages: minimum waste of material due to scrap, lowest energy consumption and minimum labor cost, since the system is fully automatic. Moisture Minder, the on-line instrument for the measurement of residual humidity in plastic chips, is now integrated with the GenesysNext control.
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Built by construction company JD Composites, the 2,000-square-foot, three-bedroom home has opened up a new way of turning plastic waste into environmentally-friendly housing.
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Drawing on Canadian research, the companies are giving vehicles a caffeine boost by using coffee chaff in vehicle parts such as headlamp housings.
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Feb. 11-14, 2020
Location: Pasadena, Calif.
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Feb. 17-19, 2020
Location: Nashville, Tenn.
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March 3-6, 2020
Location: Salt Lake City, Utah
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