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Latest european plastics news

Companies

04.10.2024 LANXESS  Buyer of PU activities found in Japan's Ube / Proceeds to reduce debt

04.10.2024 AUER  Packaging producer plans expansion at headquarters

03.10.2024 VERSALIS  Conflict over ‘maintenance' at Sicilian swing line / Plant to be shuttered? / Unions plan to put up a fight

03.10.2024 NOVAPET Forward integration: acquisition of packaging producer Envases Soplados

03.10.2024 VIONEO  Subsidiary of Danish A.P. Møller plans polyolefin production in Antwerp / Methanol as feedstock material

02.10.2024 PRIMO Danish profile manufacturer plans to expand capacity at German site / Growth of international business also in the offing

01.10.2024 TRINSEO  Management functions consolidated / PC production to cease by end of January

01.10.2024 COVESTRO  Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann

01.10.2024 BASF  Petrochemicals and Materials division focus on China and Verbund strategy / “Three-step approach not enough” – criticism from trade union and works council

01.10.2024 LYONDELLBASELL  Start of construction for industrial-scale chemical recycling plant in Germany

30.09.2024 HELLA  Automotive supplier issues profit warning / Cost-cutting measures to be implemented sooner than planned

30.09.2024 BASF  Reorganisation at chemicals giant / One third of group no longer considered core business / Plastics remain central

30.09.2024 VARTA  Battery manufacturer confirms restructuring programme / Investors consider legal measures

30.09.2024 MARQUARDT Mechatronics specialist opens new plant in Tunisia

27.09.2024 GRAMMER  Seat manufacturer pulls plug on loss-plagued US subsidiary, sells TMD

27.09.2024 AUTOLIV  VP of Engineering in China, Fabien Dumont, appointed CTO / Swedish automotive supplier issues profit warning

27.09.2024 SAINSBURY'S UK retailer plans to reduce plastic packaging by over 560 t/y

26.09.2024 CORRECTION - VINNOLIT Force majeure on PVC from Germany lifted

26.09.2024 PETROINEOS  Grangemouth refinery to shut in Q2 2025 / Massive losses / Other petchem operations on-site unaffected

26.09.2024 AUSTROTHERM Manufacturer of EPS, XPS insulation boards continues to expand / Acquisitions planned in Greece, Turkey

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People

01.10.2024 RENOLIT Karsten Jänicke tapped as chair of management board

20.09.2024 RADICI  Co-owner Paolo Radici passes away

20.09.2024 RÖCHLING Raphael Wolfram takes over Industrial unit, remains CEO / Martin Schüler becomes CEO of Automotive

19.09.2024 CONSTANTIA FLEXIBLES Uwe Roehrhoff takes over as interim CEO / New chief selected but not announced

12.09.2024 EUPC Paolo Bochicchio appointed new managing director

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Markets

04.10.2024 UPDATE - LOGISTICS  Port strikes ends in tentative agreement / Shipping companies consider imposing congestion surcharges

03.10.2024 EUROPEAN COMMISSION  New commissioners named for five-year mandate / Anticipation over merging of green and industrial deals

01.10.2024 GERMAN ECONOMY  Berlin expects no growth this year – report / Econ institutes forecast contraction / Weakness dogs Europe's biggest economy

01.10.2024 GERMAN CHEMICAL INDUSTRY  VCI reports continued slump in sector / No recovery in demand expected for winter months

01.10.2024 PACKAGING UK  Supermarkets receive pushback for discontinuing lids for perishable products / Sainsbury's, Tesco stand by decision to save 260 t/y of plastic

30.09.2024 PLASTICS MACHINERY ITALY  Plastics and rubber machinery sector revenues expected to fall in 2024 / Deceleration in H1 – Amaplast

27.09.2024 BUTADIENE  NEW at PIE: Spot and contract price reports for the precursor / Supply situation in Europe remains tight; prices likely to remain high / Numerous expansions planned in Asia

27.09.2024 LOGISTICS  Ningbo port to invest almost EUR 900 mn in capacity expansion / French shipping group CMA CGM plans to acquire port terminal operator Santos Brasil

27.09.2024 RECYCLING UK  Recoup, Sherbourne Recycling partner on sortability tests for plastic packaging / Data to be shared with producers, brand owners

25.09.2024 EUROPEAN ECONOMY  Business confidence in Germany slumps again / Mood sours among domestic processors / German economy to shrink this year? / Euro area growth in danger

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Production and Engineering

25.09.2024 DOW Expansion of bio-circular and PCR resins portfolio

12.09.2024 RESEARCH  Scientists develop catalytic recycling process for post-consumer PE, PP

10.09.2024 RESEARCH  Swiss scientists improve chemical recycling process for polyolefins / Stirring speed, stirrer design are key, say researchers

29.08.2024 BIODEGRADABLE PACKAGING Tipa, Fresh-Lock partner on compostable closures

21.08.2024 LDPE RECYCLING  Research into mechanical and chemical reclaim for ‘best possible' recyclate quality / Joint industrial project

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Industry

04.10.2024 PLASTICS AND ENVIRONMENT  WWF raises case for new anti-plastic-pollution goals ahead of INC-5

02.10.2024 PACKAGING RECYCLING EUROPE  Revenue from non-recycled plastic packaging falls short / Court of Auditors warns against fraud

30.09.2024 PLASTICS AND ENVIRONMENT India overtakes China as biggest polluter / 15% of global population lacks access to waste-collection services – Leeds university research

26.09.2024 USA  Revised recycling law draft in Congress seeks 30% recyclate in plastic packaging / Bucshon, Davis look to stimulate private sector investment

24.09.2024 PACKAGING USA Plastics Pact expands materials list for potential elimination by 2030 / More items to be evaluated for possible removal in 2026

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Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

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