Page 54 - Plastics News November 2019
P. 54

Business news



          Berry Global partners with SABIC                       Falcon buys Poly-Cast, adding

          for circular polymer production                        capabilities, footprint


             S-based plastic packaging producer Berry Global        alcon Plastics, a custom injection molder based in
          Uhas  partnered  with  global  chemical  company       FBrookings, has acquired Poly-Cast Inc., a customer
          SABIC for the circular polymer production and use. The   molder in  Tigard.Terms of the deal, announced,
          partners will focus on innovation and use of polyolefin   were  not  released.  Falcon  Plastics  officials  said  the
          resins from chemical recycling.  The move is a part    acquisition enhances Falcon's injection molding business
                                      of Berry’s sustainability   through extended service and product offerings, with
                                      strategy Impact 2025       the addition of wax molding components, and gives
                                      announced earlier this     further market share in the areas of industrial, medical,
                                      year.According to the      automotive and recreational. After the deal, Falcon
                                      strategy, Berry will       operates molding facilities in three states: South
                                      transform its packaging    Dakota, Tennessee and Oregon, plus the Poly-Cast
                                      t o be  comple t e ly      plant in Suzhou, China. Poly-Cast owner and CEO Dan
                                      reusable, recyclable or    Leedom will join Falcon as sales account manager in
                                      compostable by 2025.       the northwest. The current Suzhou general manager,
                                      The company has also       Jeff Leedom, will become general manager of both the
                                      planned  to  collaborate   Tigard and Suzhou facilities.
                                      with  ‘trusted  suppliers’   Falcon Plastics plans to integrate the 60-plus Poly-Cast
          to  introduce  environmentally  sustainable  packaging.  employees into its core business structure. Dan Leedom
          Berry chairman and CEO Tom Salmon said: “As a leader   said three main criteria played a key role when officials
          in sustainable packaging, we place a high value on     considered selling Poly-Cast: The buyer would have a
          innovation surrounding the methods, by which we        similar family-business environment and culture; the
          recover  valuable  plastic  materials.“SABIC’s  timeline   deal had to be beneficial to the growth of the company,
          for beginning semi-commercial production is one of the   the employees and clients; and the third generation
          fastest we have seen in the industry and we were eager   of the business,
          to join with them in initiatives that support circular   Je ff L e e dom,
          economy.”                                              would continue to
                                                                 participate in building
          Chemical recycling involves removal of contaminants,   the  business.  "I  am
          inks and colourants. It can recycle mixed plastic waste   proud to say we were
          and  develop  new  material for  food  packaging.  SABIC   able to achieve all of
          is planning to construct a unit in the Netherlands to   this. I could not be
          purify feedstocks produced from mixed plastic waste    more excited about
          recycling. The company’s plants have already produced   the future our clients,
          certified circular polymers, which Berry used to develop   our team members
          a recyclable, coextruded stand-up pouch.Berry’s pouch   and the new direction
          includes 30% post-consumer recycled content sourced    of our organization," Dan Leedom said. Falcon President
          from SABIC’s circular polymer. SABIC Sustainability    Jay Bender agreed that the two companies have
          Technology and Innovation executive vice-president Bob   similar business philosophies. "The culture and mutual
          Maughon said: “This exciting project is testament to our   values of Poly-Cast and Falcon Plastics are closely
          commitment to scale up advanced chemical recycling     aligned," Bender said. "This addition will open up a
          processes of plastics back to the original polymer. “This   whole new territory for us in the Northwestern U.S.
          project is just one example of TRUCIRCLE, SABIC’s new   and bring additional capabilities and resources to our
          launched  initiative  to encompass  circular materials   entire team." Both family-owned molding companies
          and technologies to enable our consumers and product   were founded in the 1970s — Poly-Cast in 1972 and
          manufacturers to deliver greater sustainability.”      Falcon in 1975.



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