Polyvinyl alcohol

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.

Key Points: 
  • DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.
  • Plastic Intensity Across the Entire Grove Business - including both Grove Brands and third-party products through online sales and retail partners - was 1.07 pounds of plastic4 per $100 in net revenue in the fourth quarter of 2023, an improvement from 1.11 pounds in the third quarter of 2023 and 1.08 pounds in the fourth quarter of 2022.
  • Plastic Intensity for Grove Brands Only across online and retail sales was 1.07 pounds of plastic per $100 in revenue in the fourth quarter of 2023, an improvement from 1.14 pounds in the third quarter of 2023, but up from 0.98 pounds in the fourth quarter of 2022.
  • Excluding this product category, Grove Brands plastic intensity was 0.57 pounds in the fourth quarter of 2023, an improvement from the third quarter of 2023 of 0.63 pounds but slightly up from 0.56 pounds in the fourth quarter of 2022.

ACI: NYC Bill to Restrict Safe Detergent Chemistry is Unnecessary, Would Disrupt Sustainable Innovation

Retrieved on: 
Thursday, February 8, 2024

(Photo: Businesswire)

Key Points: 
  • (Photo: Businesswire)
    “The innovation of water-soluble films and laundry detergent packets is a sustainability success story.
  • They help consumers safely use, dose and store the products, making chores easier to do for everyone, including those with disabilities.
  • They have grown in popularity because they provide a convenient way to deliver the correct dose of detergent for maximum cleaning efficiency, as well as enable more sustainable innovation.
  • ACI achieves this through a continuous commitment to sound science and being a credible voice for the cleaning products industry.

Centrifuge Market worth $580 million by 2028- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 23, 2024

Decanters type is anticipated to be the most significant segment in the centrifuge market due to their versatile and highly efficient design.

Key Points: 
  • Decanters type is anticipated to be the most significant segment in the centrifuge market due to their versatile and highly efficient design.
  • Horizontal directional drilling (HDD) is anticipated to be the fastest-growing centrifuge market segment, by drilling and excavation activity, during the forecast period.
  • Asia Pacific is expected to be the fastest-growing region in the global centrifuge market, by region, during the forecast period.
  • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the centrifuge market.

Grove Collaborative Surpasses 15 Million Pounds of Nature-Bound Single-Use Plastic Collected Through Plastic Neutrality Commitment & Partnerships

Retrieved on: 
Thursday, January 11, 2024

Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, today announced that the company’s commitment to plastic neutrality has recovered more than 15 million pounds of single-use plastic from the environment since 2020.

Key Points: 
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, today announced that the company’s commitment to plastic neutrality has recovered more than 15 million pounds of single-use plastic from the environment since 2020.
  • Customers can look for three badges on site: 100% Plastic Free, 95%+ Plastic Free, and No Single Use Plastic.
  • We see plastic neutrality as a meaningful way to mitigate Grove’s plastic footprint as we continue to reduce the amount of plastic in our product assortment.
  • For every ounce of plastic shipped to Grove customers, the equivalent amount of environmental plastic pollution is collected in India, Indonesia, and Colombia in partnership with rePurpose Global.

Grove Announces Fiscal Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

Grove Brand products, including our owned Grove Co.™, Peach Not Plastic™, and Rooted Beauty® brands, represented 44.8% of net revenue in the third quarter of 2023, down 20 basis points quarter over quarter and 210 basis points year-over-year.

Key Points: 
  • Grove Brand products, including our owned Grove Co.™, Peach Not Plastic™, and Rooted Beauty® brands, represented 44.8% of net revenue in the third quarter of 2023, down 20 basis points quarter over quarter and 210 basis points year-over-year.
  • DTC Net Revenue Per Order was $65.2 in the third quarter of 2023, a record for Grove, up 0.7% quarter-over-quarter and up 7.6% year-over-year.
  • Excluding this product category, Grove Brands plastic intensity is 0.63 in the third quarter of 2023, in line with the second quarter of 2023 and the third quarter of 2022.
  • However, due to our refined fourth quarter advertising strategy, we are slightly reducing our revenue guidance for 2023,” stated Sergio Cervantes, Chief Financial Officer of Grove Collaborative.

KRATON INTRODUCES NEXAR™ ANTI-FOG COATINGS AND FILMS TO REVOLUTIONIZE PROTECTIVE EYEWEAR MARKET

Retrieved on: 
Thursday, October 5, 2023

Nexar Anti-Fog coatings and films incorporate highly advanced technology that sets a new standard for protective eyewear. The solution combines Hydrophobic and Hydrophilic segments to effectively remove moisture that causes fogging while providing exceptional strength and flexibility as a coating or a film. The specialized nanochannels integrated into the coating and film surfaces can swiftly capture and absorb moisture upon contact, leaving no time for fog to form. Remarkably, the Nexar technology can absorb over 200% of its weight in water, surpassing conventional technologies like Polyvinyl Alcohol (PVA), which typically absorb less than 45% of its weight. Additionally, Kraton's commitment to safety is evident in the absence of per- and poly-fluoroalkyl substances (PFAS) -- "forever" chemicals found in many antifog options, providing the industry with an environmentally friendly and sustainable alternative. 

Key Points: 
  • Through extensive research and innovation, Kraton has developed Nexar Anti-Fog coatings and films, offering a cutting-edge solution to the fogging problems commonly associated with certain PPE.
  • Nexar Anti-Fog technology helps provide healthcare workers with a superior solution that allows for prolonged, fog-free eyewear, ensuring uncompromised visibility.
  • "We are proud to introduce Nexar Anti-Fog coatings and films, which address the daily challenges healthcare professionals face.
  • Nexar Anti-Fog coatings and films incorporate highly advanced technology that sets a new standard for protective eyewear.

Booming Laundry and Detergent Industries Propel Demand for Eco-friendly PVA Films; Market Forecasted to Grow Steadily Through 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The surge in demand for sustainable packaging, fueled by its landfill-reducing capabilities and alignment with stringent packaging regulations, has become a pivotal factor in this growth.

Key Points: 
  • The surge in demand for sustainable packaging, fueled by its landfill-reducing capabilities and alignment with stringent packaging regulations, has become a pivotal factor in this growth.
  • Polyvinyl alcohol (PVA) films, recognized for their eco-friendly properties, have made significant contributions to the flourishing sustainable packaging industry.
  • The hospitality industry's growth is also significantly contributing to detergent production, subsequently boosting the overall demand for PVA films in detergent packaging.
  • The agricultural industry's increasing demand for agrochemicals, including pesticides, insecticides, herbicides, fertilizers, and other chemicals, is creating lucrative growth opportunities for PVA films.

The Waterless Trend is Coming to the Laundry Aisle

Retrieved on: 
Thursday, June 1, 2023

Most US adults still purchase big jugs of liquid laundry detergent, but when it comes to planet-friendliness, laundry powder has the liquids beat.

Key Points: 
  • Most US adults still purchase big jugs of liquid laundry detergent, but when it comes to planet-friendliness, laundry powder has the liquids beat.
  • Our grandmothers may have been on to something by opting for laundry powder in cardboard boxes.
  • So, it's only natural that the eco-friendly product trend is carrying over to laundry detergent, where conventional jugs are usually 60-90% water.
  • For warm or hot washes, Ingredients Matter Laundry Soap should be added directly to the washer drum before adding clothes.

Global Biodegradable Superabsorbent Materials Strategic Business Report 2022: Featuring Nippon Shokubai, Nuoer Chemical Australia, SNF Floerger and TryEco Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 16, 2022

The "Biodegradable Superabsorbent Materials: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Biodegradable Superabsorbent Materials: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Polyvinyl Alcohol (PVA), one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$156.2 Million by the end of the analysis period.
  • Taking into account the ongoing post pandemic recovery, growth in the Polyitaconic Acid segment is readjusted to a revised 3.8% CAGR for the next 7-year period.
  • In the global Polysaccharides segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment.

Blueland and Plastic Pollution Coalition Petition the EPA to Require Testing of PVA Plastic in Laundry Detergent Pods and Sheets

Retrieved on: 
Tuesday, November 15, 2022

This announcement follows first-of-its-kind research published in the International Journal of Environmental and Public Health, conducted by researchers at Plastic Oceans International and commissioned by Blueland on the plastic film used in plastic PVA laundry and dishwasher pods.

Key Points: 
  • This announcement follows first-of-its-kind research published in the International Journal of Environmental and Public Health, conducted by researchers at Plastic Oceans International and commissioned by Blueland on the plastic film used in plastic PVA laundry and dishwasher pods.
  • In addition to laundry detergent pods and sheets, Polyvinyl alcohol (PVA) is widely used to produce a wide range of consumer goods such as fishing gear and hospital laundry bags.
  • "When we started our research into the laundry category, we were shocked to learn that the film that individually wraps laundry pods is actually plastic.
  • Over 20 billion plastic laundry and dishwasher pods and sheets are estimated to be used every year but this plastic will not disappear.