Formerra Achieves ISCC PLUS Certification Across U.S. Warehouses, Enhancing Sustainable Material Distribution

ROMEOVILLE, IL / ACCESSWIRE / May 8, 2024 / Formerra, a leader in performance materials distribution, proudly announces it has achieved ISCC PLUS certification for its U.S. legal entity, including nine of its distribution warehouses across the United States. This milestone marks a significant step in Formerra’s commitment to supporting the circular economy and bio-based materials, providing customers with greater access to sustainable solutions.

Formerra Achieves ISCC PLUS Certification Across U.S. Warehouses
Formerra Achieves ISCC PLUS Certification Across U.S. Warehouses

The ISCC PLUS certification enables Formerra to handle and distribute ISCC-certified materials, meeting a growing demand among customers for environmentally responsible products. With this certification, Formerra assures its clients of the integrity of its sustainable materials, ensuring they adhere to strict sustainability standards to prevent greenwashing and provide quality and consistency identical to virgin fossil-based materials.

"Receiving ISCC PLUS certification reflects our ongoing dedication to sustainability and our ability to respond to our customers’ needs," said Mike Balasko, Sustainability Director at Formerra. "Certifying nine warehouses across the U.S. allows us to get material closer to where our customers need it and provide just-in-time deliveries for customers requiring it."

Formerra’s ISCC PLUS certification includes the mass balance approach, which allows suppliers to mix sustainable and fossil-based feedstocks while ensuring the final product represents a quantifiable sustainable content. This method is critical in many industries that want sustainability but do not want to sacrifice performance, quality, and consistency.

The certification process was audited by SCS Global Services, ensuring that Formerra’s processes and policies as well as its nine warehouses met the rigorous standards required for ISCC PLUS certification. This achievement underscores Formerra’s role as a pivotal partner for suppliers looking to innovate and grow with sustainable materials as well as processors seeking bio-based or recycled materials.

About Formerra

Formerra is a preeminent distributor of engineered materials, connecting the world’s leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways – driving improved performance, productivity, reliability, and sustainability. To learn more, visit

Contact Information:

Jackie Morris
Marketing Communications Manager, Formerra
+1 630-972-3144

SOURCE: Formerra


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(Yonhap Interview) Ex-Pentagon official stresses need for war plan rethink, swift OPCON transfer, USFK overhaul

WASHINGTON, South Korea and the United States need to revise their combined wartime contingency plans if they involve America’s dispatch of massive military assets to fend off a North Korean invasion, a former Pentagon official has said, stressing the U.S.’ imperative to focus on the “decisive” threat from China.

In an interview with Yonhap News Agency Monday, Elbridge Colby, the deputy assistant secretary of defense for strategy and force development during the Trump administration, also expressed his support for the swift transfer of wartime operational control (OPCON) from Washington to Seoul, saying the Asian ally should undertake “overwhelming” responsibility for its own defense.

Laying out his vision for the role of the 28,500-strong U.S. Forces Korea (USFK), he called for an overhaul to make it “more relevant” to handling China-related contingencies rather than being held “hostage” to addressing North Korean threats.

Colby shared his thoughts on America’s security and foreign policy, emphasizing he
does not speak for former President Donald Trump or his campaign. He has been mentioned as a potential candidate for national security advisor should Trump return to the White House.

“I think we need to have a plan that is based on reality. If you are assuming that the United States is going to break its spear, if you will, fighting North Korea, that is an imprudent assumption for us to make or for you to make,” he said.

“To the extent that we are currently planning on sending massive amounts of forces to Korea that would decrement from our ability to deal with the Chinese, I think we need to revise that. I think we need to have a plan for the defense of South Korea that the U.S. and the president of the U.S. could rationally implement,” he added.

Seoul and Washington have their operational plans in place to prepare for contingencies on the Korean Peninsula. Those plans are known to be based on the premise that the U.S. will deploy a large number of augmented forces and other military assets in support of
South Korea.

Colby asserted that if the U.S. gets heavily involved in a war with North Korea, it would be a “perfect distraction” when America should prioritize countering what he called the “hardest” threats from China.

“South Korea is going to have to take primary, essentially overwhelming responsibility for its own self-defense against North Korea because we don’t have a military that can fight North Korea and then be ready to fight China,” he said.

The prominent security expert took note of an “asymmetry of perspective” between Seoul and Washington when it comes to threat perception.

“The fundamental fact is that North Korea is not a primary threat to the U.S. It would not be rational to lose multiple American cities to just deal with North Korea. That’s a different calculation for South Korea,” he said. “We need to realistically evaluate an approach.”

Colby laid out his idea of contingency operations in which America’s intervention occurs when China gets directly involved in a conflict on the penins

“That is what we should be asking (South Korea). Hold your own as much as possible, and if the Chinese get directly involved, that’s when the Americans would come in,” he said.

“China is the decisive threat. So we need to retain our capacity to make sure that if (you are) the heavyweight boxing champion … you don’t want to get in a middle-weight fight … (as) you are so bruised and tired that you lose the heavyweight fight (with China).”

On the Taiwan contingency, he said that the U.S. should not ask Seoul to get directly involved for the defense of the island democracy considering persistent threats from Pyongyang.

Colby underscored the need for a USFK overhaul to confront Chinese threats — a suggestion that would mark a shift away from its current focus on defense against North Korean threats.

“U.S. forces on the peninsula in my view should not be held hostage to dealing with the North Korean problem because that is not the primary issue for the U.S.,” he said. “The U.S. should be focused on C
hina and the defense of South Korea from China over time.”

He added that U.S. forces that are meant to defend South Korea against a Chinese attack should not be in Korea.

“Because if they were in Korea, they would be subject to massive preemptive attack at short range,” he said. “South Korea is so close to China that it’s under massive Chinese missile threat not to mention North Korea.”

In the face of evolving North Korean threats, Colby said “all options” should be on the table to ensure South Korea’s security, including its nuclear armament.

Asked what if Seoul faces costly economic sanctions in case of its nuclear option, he said that Washington should not sanction Seoul when the security measure was crafted through mutual coordination.

“It would be self-defeating and foolish for us to simultaneously not provide South Korea with a viable defense umbrella and then threaten to sanction it when it decides with us to take measures that provide for security in the face of a tremendous nuclear buildup b Nor
th Korea and China,” he said.

He threw his weight behind the expeditious OPCON handover from the U.S. to South Korea.

“I would say I agree with the OPCON transfer. I think the more (South Korean forces) can operate autonomously and independently, the better,” he said.

He went on to say, “The idea of South Korea assuming primary responsibility should happen as soon as possible, like now.”

South Korea handed over operational control over its troops to the U.S.-led U.N. Command during the 1950-53 Korean War. It was then transferred to South Korea-U.S. Combined Forces Command when the command was launched in 1978.

Seoul and Washington have been working on meeting a wide range of conditions needed for OPCON transition. Conditions include South Korea’s capabilities to lead combined forces, its strike and air defense capabilities as well as a regional security environment conducive to such a handover.

Portraying the conditions as “not inherent,” Colby highlighted complex regional security conditions that call
for Seoul to provide for its own security.

On nuclear diplomacy with North Korea, he said that the idea of North Korea’s complete denuclearization appears “impossibly far-fetched.” He highlighted the need to focus on something “attainable.”

“I think in terms of our policy goal, what we should be thinking about … it’s got to be more like arms control, particularly focused on limiting the range of North Korean ICBMs,” he said, referring to intercontinental ballistic missiles.

Colby is currently principal and co-founder of the Marathon Initiative, a Washington-based research organization. He served as deputy assistant secretary of defense from 2017-2018. He is a graduate of Harvard College and Yale Law School.

NU versus UST in UAAP volleyball finals

MANILA: National University and University of Santo Tomas will dispute the UAAP Season 86 men’s and women’s volleyball titles after taking different routes to the finals.

The fourth-ranked UST Golden Spikers completed their sweep of the top-seeded Far Eastern University Tamaraws, 25-18, 21-25, 26-24, 26-24, at Smart Araneta Coliseum in Quezon City on Wednesday.

Outside hitter and reigning Most Valuable Player Josh Ybañez made 19 points and 13 excellent receptions for the Golden Spikers, who forced the decider following a 25-23, 25-19, 28-26 victory on Sunday.

It was the first time that a fourth-ranked volleyball team made the finals since the Final Four format was introduced in 2004.

Three-time defending champion NU eliminated De La Salle, 25-23, 22-25, 25-22, 25-21, in the first game.

NU won last year via a sweep of UST, but the Golden Spikers mastered the Bulldogs in the elimination round this season.

‘Actually, I just let them play the whole match, I had little interference. I was actually a cheerlea
der earlier, not their coach. I let them play and they delivered,’ UST head coach Odjie Mamon after the two hour and 23-minute match.

Both Santo Tomas teams are headed to the finals for the first time since Seasons 72 and 73 after the second-seeded women’s team dethroned De La Salle University, 25-20, 16-25, 25-20, 19-25, 15-7, also on Sunday.

It will take on top-seeded NU, which finally disposed of FEU, 25-13, 27-25, 25-15, late Wednesday.

Bella Belen led the Lady Bulldogs with 21 points, including five aces.

FEU delayed NU’s finals march with a 25-23, 25-17, 25-23 triumph on Saturday.

The UST men’s team won four straight titles in Seasons 70 to 73 but FEU stopped its run in Season 74.

On the other hand, the women’s team beat La Salle in the Season 72 finals but La Salle exacted revenge the following year.

Those were the last volleyball titles of both UST teams.

The best-of-three ‘Battle of Sampaloc’ championship round, referring to the Manila district where both schools are located, will start Satur
day, also at Araneta.

The men’s final will be at 2 p.m. while the women’s match fires off 4 p.m.

Game Two will be at Mall of Asia Arena in Pasay City on May 15, after the awarding of individual awards at 1 p.m.

If necessary, Game Three will also be at the Pasay Arena on May 18.

Color it yellow

Meanwhile, UST announced another ‘Yellow Day’ on Thursday to show support for the Golden Booters when they face the twice-to-beat University of the Philippines Maroons in the Final Four of men’s football.

Game time is 7 p.m. at the UP Diliman pitch in Quezon City.

UP swept UST in the preliminaries, 2-1 and 4-0.

Defending champion FEU will battle No. 4 Ateneo in the other semi.

The finals will be held May 16.

Source: Philippines News Agency

S. Korean Bond Yields on May. 8, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.444 3.441 +0.3

2-year TB 3.473 3.473 0.0

3-year TB 3.439 3.448 -0.9

10-year TB 3.530 3.536 -0.6

2-year MSB 3.458 3.463 -0.5

3-year CB (AA-) 3.901 3.912 -1.1

91-day CD 3.580 3.580 0.0

City gov’t firms up National Artist push for violinist Kabayao

ILOILO CITY: The nomination of Violin Virtuoso Gilopez Lopez Kabayao in the “Order of the National Artist” is now being firmed up with the Iloilo City government mapping out a resolution of recommendation through the Sangguniang Panlungsod.

‘Mr. Kabayao’s unparalleled contributions to the arts, particularly in the realm of violin mastery, resonate deeply within our cultural heritage and inspire countless individuals both locally and internationally,’ Mayor Jerry Treñas said in his letter endorsement to the city council.

‘As custodians of our nation’s cultural legacy, endorsing his inclusion in the Order of the National Artist is not only a tribute to his exceptional talent but also a celebration of the rich artistic tapestry of the Filipino people.’

The SP during its regular session on Wednesday tasked the Committee on Tourism, Culture and Historical Affairs chaired by Councilor Rudolph Jeffrey Ganzon to look into the recommendation.

The Iloilo Dinagyang Foundation, Inc. (IDFI), a private organization com
mitted to preserving, promoting, and developing Ilonggo identity through public-private-community convergence, initiated the nomination of the artist as early as December last year.

In a resolution, the foundation said that for the past 70 years, Kabayao has ‘created a substantial and significant body of work and consistently displayed excellence in the practice of their art form, thus enriching artistic expression or style.’

Kabayao was born in 1929 in Negros Occidental, whose roots are from Iloilo.

He is the first Filipino to play at the prestigious Carnegie Hall in New York. He earned a Presidential Award of Merit in 1969, and a President Ramon Magsaysay Award in 1972.

He was dubbed ‘Father of Outreach for Classical Music,’ bringing the music of the masters to the masses for more than six decades starting in the 1950s, holding concerts of classical music for the grassroots in even the most unconventional venues from Aparri to Jolo.

‘Now in his 90s, Kabayao can still play the Scherzo Tarantelle by hear
t, no music sheet, and with exactly the same fervor and timing. ST is a little more than five minutes and one of Weiniawski’s most difficult pieces for violin and piano,’ said Joy de Leon, deputy assistant to the IDFI president.

The Order of National Artists (Order ng Pambansang Alagad ng Sining) is the highest recognition given to Filipino individuals who made significant contributions to the development of Philippine arts, namely music, dance, theatre, visual arts, literature, film, broadcast arts, and architecture and allied arts.

It is jointly administered by the National Commission for Culture and the Arts (NCCA) and the Cultural Center of the Philippines (CCP) and conferred by the President of the Philippines.

Source: Philippines News Agency

Yoon calls opposition leader to express concern for health

SEOUL, President Yoon Suk Yeol called opposition leader Lee Jae-myung on Wednesday to wish him good health before Lee goes on a weeklong vacation for hospital treatment later this week, Lee’s main opposition Democratic Party (DP) said.

Yoon made the call at around 2:40 p.m. and expressed concern for his health, while Lee expressed his gratitude, the DP said.

Lee will take a weeklong leave from Thursday to next Wednesday to get treatment, which he had postponed due to the recent general elections. His office earlier refused to disclose details about his illness or health condition.

A DP official said Yoon made the phone call after hearing via media reports that Lee will be hospitalized.