|
|
|
Detroit, Michigan, Jan 25, 2022 - (ACN Newswire) - Heartland and Ravago Americas have executed a joint development agreement to create the next generation of plastic resins. This collaboration aims to drive material innovation for companies that buy large volumes of plastic. Heartland's hemp additives will help these manufacturers reduce the cost, weight, and carbon footprint of the raw materials they rely on every day.
Ravago is one of the world's largest plastic recyclers, compounders, and distributors. Ravago and its subsidiaries service over 50,000 customers globally across 325 facilities in 55 countries. Annually, they supply over 6.6 million MT of polymer and rubber. Heartland is building America's first reliable industrial hemp supply chain to provide additives for manufacturers that use plastics. By leveraging carbon-negative and renewable plastic additives like industrial hemp, Ravago can offer composite products that are stronger, lighter, cheaper, and more sustainable. Not only will these plastics have enhanced thermal and acoustic properties, but Heartland's hemp additives help prolong the life of Ravago's materials that use recycled content.
Heartland's engineered hemp additives reduce the carbon footprint of virgin plastics by as much as 44%. Heartland is also focused on verifying the impact of hemp-filled recycled plastics versus traditional virgin plastics that are typically compounded with mineral fillers like talc and calcium carbonate.
Heartland has worked alongside Ravago to engineer their hemp materials as renewable additives for plastics. Ravago's R&D team has guided Heartland in engineering products that do not require additional retooling costs for plastic compounders and molders.
After the 2022 farming cycle, Heartland estimates that they will be able to process over 100,000,000 pounds of hemp additives that will be available for plastic compounding. Ravago and Heartland will continue to research and develop products to serve automotive, packaging, building materials, and other markets.
About Ravago:
The Ravago group represents over 6.6 million metric tons of annual polymer sales serving more than 50,000 active customers through 325+ locations across more than 55+ countries worldwide. Ravago's production competence consists of 45+ manufacturing facilities (recycling and compounding plants; production plants for the building sector; and plants and laboratories for its Chemicals business). This all would not have been possible without the help of its 8,000 employees. For more information, visit https://www.ravago.com.
About Heartland:
Heartland is a biotech company that engineers hemp fibers as additives for plastics. Their team is building America's first reliable industrial hemp supply chain to provide additives for manufacturers that use plastic resins. As an industrial hemp material processor, they work with farmers and manufacturers to ensure the product consistency of bio-based additives that can be used across raw material supply chains. Heartland's products help companies manufacture with stronger, lighter, cheaper, and more sustainable materials. For more information, visit https://www.heartland.io.
Media Contacts: John Ely, CMO Heartland Industries john.ely@heartland.io or Ashton Maxfield Master Plan Communications ashton@masterplancommunications.com 949.289.6493
Source: Plato Data Intelligence
Topic: Press release summary
Source: Ravago / Heartland
Sectors: Environment, ESG, Cannabis
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Finerca Celebrates Milestone of 10,000 Clients with Launch of Exclusive Master Course in CFD Trading
Mar 29, 2024 05:36 HKT/SGT
|
|
|
Atlas Lithium Secures US$ 30,000,000 Strategic Investment and Offtake Agreement from Mitsui
Mar 28, 2024 19:09 HKT/SGT
|
|
|
Dynasty Fine Wines Announces 2023 Annual Results
Mar 28, 2024 17:35 HKT/SGT
|
|
|
Mitsubishi Shipbuilding Receives Order from the University of Tokyo for "MiPoLin" Power Prediction and Lines Selection System
Thursday, March 28, 2024 3:45:00 PM
|
|
|
Fosun's Next Step: "Deep Mining" for Stable Profits
Mar 28, 2024 15:26 HKT/SGT
|
|
|
Avance Clinical at World Vaccine Congress to Share Latest Vaccine Clinical Trial News Including an HIV-1 Study
Mar 28, 2024 14:42 HKT/SGT
|
|
|
Turning Loss into Profit in 2023: IGG Achieved over HK$430 million in 2H23
Mar 28, 2024 14:25 HKT/SGT
|
|
|
Mitsubishi Logisnext Completes Demonstration of Automated Truck Loading, Leading to Start of Actual Operations in Japan
Thursday, March 28, 2024 12:52:00 PM
|
|
|
Toyota Releases Sales, Production, and Export Results for February 2024
Thursday, March 28, 2024 12:35:00 PM
|
|
|
Steady Growth and Enhanced Value: Sunshine Insurance's 'New Sunshine Strategy' Sets Sail
Mar 28, 2024 12:33 HKT/SGT
|
|
|
|
More Press release >> |
|
|
|