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Companies

28.03.2024 LOGISTICS  Freighters start to venture through the Red Sea / Freight forwarders unhappy due to cost increases

28.03.2024 PETROCHEMICAL MARKETS  Styrene, propylene oxide, polyether polyols: Covestro, LyondellBasell declare force majeure

28.03.2024 TOMRA  Industry-first food-grade sorting tech / AI leveraged for object recognition

28.03.2024 TEKNIA  Spanish technical parts supplier hits acquisition trail / Company's new investment arm takes 17% stake in e-bike group

28.03.2024 PLASTIC PACKAGING  Aldi Ireland, Cadbury Australia replace plastic packaging on Easter egg chocolates / UK, Australia see sweet treats as “over packaged”

27.03.2024 PETROCHEMICAL MARKETS  MDI: Reported outage of major BorsodChem plant in Hungary

27.03.2024 BIOPLASTICS  Biodegradable polymers decompose on deep-sea floor – University of Tokyo / Rate of degradation on deep-sea floor slower than onshore

27.03.2024 CHEMOURS  CEO ousted for ethics violations / Denise Dignam to take over / NYSE gives six months to update 2023 earnings

27.03.2024 ALIPLAST  Recycling specialist publishes guidelines for recyclable cosmetics packaging / Significant sustainability gains touted

27.03.2024 AUTONEUM  Automotive supplier plans new plants in China, India / Consolidation in Europe

27.03.2024 FORMERRA  Avient spin-off expands distribution activities in Mexico

26.03.2024 NETHERLANDS  Plastics recycler Umincorp goes bankrupt / Industry crippled by overwhelming imports from US, China / Renewi puts new sorting capacities online

26.03.2024 SABIC  Saudi Arabian group results characterised by weak figures for 2023 / Decision on Fujian complex reached

26.03.2024 IPL  US investor group seeks to sell Irish packaging giant / Owners reportedly want USD 700 mn / Source tells PIE company worth more

26.03.2024 GABRIEL-CHEMIE  Masterbatch specialist announces expansion / Storage added to headquarters site

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