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Latest european plastics news

Companies

11.10.2024 ORLEN  Concern about Olefins III cracker project / Investigations reveal numerous offences

10.10.2024 INEOS  Belgian environmentalists put pressure on PTA plant in Geel / CEO Jim Ratcliffe criticises anti-business sentiment

10.10.2024 INNOVA  Acquisition of Polo Films / Brazilian styrenics producer strengthens BOPP film division

10.10.2024 ALBIS Distributor adds Covestro rPC to portfolio

09.10.2024 AUSTROTHERM Producer of EPS insulating boards expands to Greece / Takeover of Monosi

09.10.2024 RAVAGO Global producer of plastic compounds attains RecyClass certification

08.10.2024 NESTE  Chemical recycling logistics infrastructure in Europe expanded in tie-up with Tepsa

08.10.2024 RECARO AUTOMOTIVE  Insolvent seat maker to shut down production at year-end / Talks with investor about partial preservation

08.10.2024 RÖHM Distribution agreement with Albis extended

07.10.2024 TRIOWORLD Former Wentus site in Höxter to be significantly expanded / Capacity doubled for film extrusion lines

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

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People

08.10.2024 MERAXIS New heads of sales, polymers divisions announced

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

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Markets

11.10.2024 LOGISTICS  Calm seas: Freight rates decrease after US strike ends / Rise in uncertainty due to Middle East conflict

11.10.2024 IRELAND  Ongoing circular economy challenges / Investment, collaboration essential – report

10.10.2024 PETROCHEMICAL MARKETS  ABS: Ineos Styrolution declares force majeure at German plant

10.10.2024 PVC  Relabelling and misdeclaration: Is Turkey evading EU punitive tariffs on PVC imports from US and Egypt?

10.10.2024 UZBEKISTAN  Growth in PE production likely driven by rise in foreign sales / Saneg reports progress on Bukhara MTO complex

09.10.2024 RUSSIA  Plastics production dips following steady growth / Government expects upward trend in chemical industry to slow / Central bank fears stagflation

09.10.2024 SUSTAINABLE PACKAGING  Reuse takeaway systems cut emissions substantially – report / NGOs call on authorities to factor in external costs of single-use / Some reuse options cheaper

09.10.2024 AGRICULTURAL PLASTICS FINLAND  Sumi subsidiary launches collection, recycling operations

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

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Production and Engineering

10.10.2024 AMERICHEM ColorRx medical polymer grades on offer in Europe

07.10.2024 UPDATE - SABIC Launch of low-carbon chemicals with production of methanol

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

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Industry

10.10.2024 AUTOMOTIVE  EU endorses import tariffs on e-cars from China / France, Italy, Poland in favour as Germany votes against / Discussions continue

08.10.2024 PLASTICS AND ENVIRONMENT  Pollution must be reduced 32% by 2035 to prevent further marine damage – study

07.10.2024 FRANCE  Government reverses decision on polystyrene packaging ban / Move welcomed in packaging sector

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

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