October 18, 2025
News

Farrey: SPE, Plastics Industry Association merger strengthens industry voice

SPE and the Plastics Industry Association merge under “Farrey,” uniting efforts to strengthen industry advocacy, collaboration, and innovation.

Washington, D.C. & Danbury, CT, The Plastics Industry Association (Plastics) and the Society of Plastics Engineers (SPE) today announced they are coming together to form a unified organization that will represent the entire plastics supply chain, from technical professionals to corporate leaders, and from molecule to marketplace.

Both Boards of Directors voted last week to accept the recommendation of a task group formed to explore a potential merger. The conclusion of the group was presented to the respective Boards under the banner of “Better Together,” outlining how the industry and the organizations’ members would benefit by bringing these two storied organizations together.

“This is a historic day for the plastics industry,” said Matt Seaholm, President & CEO of Plastics. “Plastics is leading the industry in many ways sustainability, market insights, advocacy, and of course, NPE. SPE has built an incredible legacy of technical education, scientific research, and professional development. By bringing our organizations together, we’re creating a stronger, more connected platform to serve our members and advance the industry.”

“SPE is excited to be joining forces with Plastics,” added Patrick Farrey, CEO of SPE. “For SPE members, this is about opportunity. Our technical expertise and professional development programs will now reach more people, supported by the resources and global platform that Plastic brings. This combination ensures we continue to serve plastics professionals while advancing the entire industry.”

The organizations have signed an agreement to finalize the merger by the end of 2025. Then, SPE will become a division of Plastics, with the full operational integration expected to begin on January 1, 2026.

Under the terms of the agreement:

  • SPE will become a division of Plastics, governed by an Executive Committee modeled after SPE’s current leadership structure.
  • SPE members will retain their membership status, benefits, and identity within the new division as part of the merged organization.
  • Patrick Farrey will join Plastics as Executive Vice President of SPE and Chief Integration Officer, leading the transition and ensuring continuity for SPE’s programs and stakeholders.

“This is a transformational moment,” said Jamie Clark, Chairman of Plastics Board of Directors. “By aligning our complementary strengths, we’re building a powerful engine for workforce development, advocacy, and global engagement. This is going to be a great thing for the members of both organizations.”

“SPE has always been about people educating, connecting, and empowering them,” said Scott Eastman, Ph.D., Chairman of SPE Board of Directors. “The SPE Board believes this merger will amplify our mission and position us to elevate the reputation of plastics professionals worldwide.”

News Courtesy : Plastics News

Related posts

Greater Manchester’s SGH Moulds acquired by the Jalex Futures group in the first full acquisition by the investment firm.

polymartadmin

Niigata Announces New North American Headquarters

Polymart Magazine

Biomimetic layered, ecological, advanced, multi-functional film for sustainable packaging

Polymart Magazine