12.31.19 | [Columbus Ohio – December 17, 2019]
For Immediate Release
Columbus, OH – PSI appoints Mike DuFrayne President and CFO. DuFrayne joined the company as CFO in 2017. During this tenure, he was an integral leader in the company’s successful transition to a global leader in thin gauge bioplastic films. DuFrayne is an accomplished business leader with extensive operational, financial and strategic experience with specialized expertise in special situations within the financial consulting world.
05.23.19 | [Columbus Ohio – May 23, 2019] Columbus, OH – PSI announces a new Chief Operating Officer. Tom Bowden joined the company as the COO mid May. Bowden is an accomplished business leader with extensive experience in flexible and rigid packaging industries. Tom is responsible for all global manufacturing operations, R&D and supply chain management. Prior to joining PSI, Bowden held senior leadership positions in ProAmpac’s Flexibles Division, Berry Plastics Specialty Films Division, and most recently at Anchor Packaging.
02.21.19 | [Columbus Ohio – January 31, 2019]
Plastic Suppliers, Inc., (PSI) a worldwide leader in sustainable compostable packaging, earned a Safe Quality Food (SQF) certification after ten months of work and a significant investment.
An SQF certification contributes to current customer objectives, increases market reach and is preparation for FSMA compliance. It also expands the company’s ability to enter additional food-grade packaging markets.
04.04.18 | Plastic Suppliers, Inc. announced today new financing facilities of $35 million including funding for capital expansion of $23 million to increase capacity in 2018 and 2019 in response to growing demand for its EarthFirst® sustainable packaging and label film businesses. Funding for the expansion comes from two facilities: an $8 million facility to expand and add manufacturing to its Ghent, Belgium site and a $27 Million facility to fund growth and add additional production capacity to its Columbus, Ohio manufacturing facilities.
01.02.18 | Columbus, OH – Plastic Suppliers, Inc. (PSI) is proceeding with plans to optimize its operational footprint. By the end of January 2018, the Dallas, TX and Fullerton, CA locations will be closed and operations will be centralized at PSI’s Columbus, OH headquarter location. Columbus will continue to service a wide variety of specialty packaging and industrial films for PSI’s North American customer base including manufactured, converted and distributed product lines.
November 16, 2016
Oil and gas company Total SA and lactic acid specialist Corbion NV are joining forces to develop bioplastics by creating a 50/50 joint venture to produce and market polylactic acid (PLA) polymers.
The two partners plan to build a PLA polymerization plant with a capacity of 75,000 metric tons per year at Corbion's site in Thailand that already has a lactide (PLA monomer) production unit set to become part of the joint venture.