Royal Adhesives & Sealants LLC (“Royal”) announced today that it has acquired the stock of Adhesive Systems Inc. (“ASI”).
Based in Frankfort, IL, ASI develops, manufactures, and markets cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives and sells to the assembly adhesives market through a large network of global distributors.
“We are excited to acquire ASI and partner with the company’s founders Ed Koziol and Gary Johnson, both of whom are long-time adhesive industry entrepreneurs and have built a leading assembly adhesives business. ASI will continue to operate under Ed and Gary’s leadership as part of Royal. We look forward to supporting the ASI team in their next stage of growth as they continue to provide the high level of service and quality their customers have come to expect,” said Ted Clark, Chief Executive Officer of Royal.
Ed Koziol, President of ASI said, “In selecting a partner, Royal was clearly the best positioned to help us accelerate our growth strategy through the addition of other adhesive technologies to our product line and through supporting our geographic expansion plans.”
ASI Vice President Gary Johnson stated, “We are very pleased to partner with Royal, which has significant global capability and experience in the adhesives and sealants industry. Royal has been aggressively growing their business and will help us to develop and grow our unique and innovative assembly adhesive business model.”
Source: Royal Adhesives & Sealants
The US State of New York is introducing two new bills to combat over-packaging, poor recycling rates and litter issues, including an Extended Producer Responsibility (EPR) program requiring companies such as McDonald’s and Amazon to pay for the cost of packaging disposal and recycling.
The new organization’s mission is to redesign the critical steps of the plastics sorting and recycling system for post-consumer lightweight packaging (LWP) to speed up circularity, born from a need to meet the rising market demand for high-quality recyclates for use in high-end plastic applications.
Starbucks and Hubbub have launched a £1 million (US$1.22 million) “Bring It Back Fund” to increase the uptake of reusable packaging in the F&B industry. The funding will go toward innovative ideas that make it easier for customers to use alternatives to single-use packaging by supporting pilot projects that help shift consumption habits.