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Markets

31.01.2022 PET RECYCLING  2020 data indicate move towards circularity / Share of food-grade rPET in beverage bottles set to grow rapidly / Industry report

31.01.2022 REPEATS  Dutch firm plans pan-European reclaim network for LDPE / Company to add at least 60,000 t/y of rLDPE production this year / USD 100 mn investment spurs expansion

31.01.2022 LOGISTICS  More global spending to strengthen supply chains / Short-term fixes outpace long-term moves / Health sector only positive outlier / McKinsey report

31.01.2022 ALPLA  Multi-million-dollar investment for Mexican recycling plant / JV with Coca-Cola

31.01.2022 MIGROS  Positive results for used packaging returns in Central Switzerland / Recycling rate target of 70%

28.01.2022 WESTLAKE  Another explosion during maintenance work in Lake Charles / Six workers hurt / Production likely unaffected

28.01.2022 LOGISTICS  Container freight rates: Route from China to the US and back becomes cheaper / Significant rise for the US-Northern Europe route

28.01.2022 UPDATE - USA  Plastics Pact calls for end of PS, EPS, and PVC packaging by 2025 / Group wants to eliminate 11 polymer products and materials

28.01.2022 CIRCULAR ECONOMY  CEEAG: German waste disposal association criticises latest EU aid framework / Exclusion of recycling companies from renewable energy act compensation scheme

28.01.2022 EXXONMOBIL / SABIC  Start-up of ethane cracker in Texas / Facility claimed to be world's largest / US site to also produce PE

28.01.2022 COVESTRO  Partnership with Genomatica / Pilot facility for plant-based HMD / Biotech competence centre at HQ site

28.01.2022 ABC TECHNOLOGIES  Acquisition of injection moulder Karl Etzel / More business planned with German automotive OEMs

27.01.2022 LOGISTICS  In container shipping, everything that can float is being loaded and launched / New EU requirements make truck transports a quarter more expensive

27.01.2022 MEDICAL PLASTICS  PVCMed Alliance denounces NGO'S “unfounded allegations” against PVC / EU policymakers urged to ignore false claims

27.01.2022 LOGOPLASTE  Portuguese packaging manufacturer acquires domestic PET recyclers / Seeks to boost reclaimed content to 30% by 2025

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