|
|
|
|
|
DETROIT, MI, 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, Alternative
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Anytime Fitness Accelerates Asia-Pacific Expansion
May 12, 2026 22:56 HKT/SGT
|
|
|
Redington MD and Group CEO V.S. Hariharan Appointed to GTDC Executive Committee
May 12, 2026 21:00 HKT/SGT
|
|
|
GMG Leases New Site for Production & Office Expansion
May 12, 2026 20:29 HKT/SGT
|
|
|
CANEX and Gold Basin Resources Announce Arrangement Agreement to Facilitate CANEX'S Acquisition of Remaining Gold Basin Shares
May 12, 2026 19:30 HKT/SGT
|
|
|
SPARX Group Establishes "Mirai Creation Fund IV" Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd. and Mizuho Bank, Ltd. to Provide Capital Targeting Total Commitments of JPY100 billion 
Tuesday, May 12, 2026 6:29:00 PM
|
|
|
GTJAI Assists State Bank of Mongolia in Completing a US$100 Million Reg S Bond Tap Issuance
May 12, 2026 17:45 HKT/SGT
|
|
|
Casa Minerals Inc. Receives Proceeds of $432,777 from Warrant Exercises
May 12, 2026 17:29 HKT/SGT
|
|
|
CleverTap and Rabbit Rewards win Silver at Thailand MarTech Awards 2026 for real-time, agentic customer engagement
May 12, 2026 15:00 HKT/SGT
|
|
|
JCB and Credit Card Association of the Philippines (CCAP) Launch Partnership to Boost Financial Literacy Among Filipinos
Tuesday, May 12, 2026 1:00:00 PM
|
|
|
Gold Peak completes a HK$675 million Green and Sustainability Linked Term Loan Facility
May 12, 2026 12:21 HKT/SGT
|
|
|
|
|
More Press release >> |
|
|
|
