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The company was founded in 1954 by V.L. Smithers in Kent, Ohio after he developed a water absorbent foam to use in floral arrangements. Since then, other products have been developed including floral accessories, cellular growing media, and post-harvest plant products. The company is headquartered in Kent and operates a manufacturing plant there.
In November 2019, the company announced a $10M investment to support their new Mycelium Foundry. [11] In February 2020, IKEA committed to using Ecovative technology for packaging, replacing polystyrene. [12] In April 2021, Ecovative Design received a $60M investment to develop new applications for their technology and scale up manufacturing. [13]
Washington, D.C. banned polystyrene foam takeout containers on January 1, 2016. The ban was expanded on January 1, 2021, to include the retail sale of polystyrene foam. [89] American Samoa banned the import, sale, and distribution of polystyrene foam containers on February 6, 2024, taking effect 60 days later. [90]
Styron was the #67 ranked chemical company globally in 2011, posting sales of $6.193B. [27] As of 2013, Trinseo's annual revenue was approximately $5.54 billion. [28] As of 2017 the company reported a net income of $310 million and an adjusted EBITDA guidance of $580 million. [29]
Loctite is an American [1] brand of adhesives, sealants, surface treatments, and other industrial chemicals that include acrylic, anaerobic, cyanoacrylate, epoxy, hot melt, silicone, urethane, and UV/light curing technologies. Loctite products are sold globally and are used in a variety of industrial and hobbyist applications.
Spray foam insulation or spray polyurethane foam (SPF) is an alternative to traditional building insulation such as fiberglass. A two-component mixture composed of isocyanate and polyol resin comes together at the tip of a gun, and forms an expanding foam that is sprayed onto roof tiles, concrete slabs, into wall cavities, or through holes ...
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Kraton is the trade name given to a number of high-performance elastomers manufactured by Kraton Polymers, and used as synthetic replacements for rubber.Kraton polymers offer many of the properties of natural rubber, such as flexibility, high traction, and sealing abilities, but with increased resistance to heat, weathering, and chemicals.
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