Consumer Goods
The companies featured on PressReleaseFinder are active in several industries.
23 Jun 2021
There’s a system for learning to eat cleanly
The Babynator learn-to-eat set for babies and toddlers makes eating cleaner. The non-slip system comprises a self-adhesive mat made of THERMOLAST® K from KRAIBURG TPE that firmly holds in place exchangeable accessories such as plates and bowls. The “Babynator” is available as a set or separately, in many different colors.
14 Jun 2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
ELIX Polymers, a global leader in specialised styrene-based thermoplastics, has included all of its Circular Economy activities under the new brand name, E-LOOP, which was launched successfully last February. The E-LOOP brand includes two strategic programmes of ELIX Sustainable Portfolio Solutions: Circular Plastics and Responsible Innovation.
KRAIBURG TPE will be holding its second TPE Expert Talks from June 8 to 10. Spurred on by the positive feedback received about the kick-off event in 2020, this free digital event will be presented in an extended global format, full of highlights and industry expertise brought together for customers, partners and everybody interested in TPEs.
Sustainability, convenience and enjoyment are now no longer contradictions – and manufacturers are responding: for example Cadios GmbH, a German start-up business that has developed the first reusable lid for coffee mugs and cups. The conically shaped lid made of TPE fits onto most common household cups and with its durability can make a lasting contribution to waste reduction. The “Udo” lid is available in many colors and can be customized on request.