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Latest european plastics news

Companies

02.01.2025 AXIA PLASTICS  German plastics distributor expands collaboration with ExxonMobil Chemical

20.12.2024 ABS  EU considers imposing anti-dumping duties on ABS imports from South Korea and Taiwan

20.12.2024 OLIN  US group plans to enter PVC production / Kem One to deliver to US / German resin plant to restart production

20.12.2024 EXXONMOBIL  Final decision in long-running emissions litigation / Petchem giant loses

20.12.2024 VESTAS Job cuts in rotor blade production on the Isle of Wight

20.12.2024 INN-FLEX  Italian manufacturer of flexible packaging takes over Serbian competitor Papir Print

19.12.2024 COVESTRO  Successful takeover bid: Adnoc receives 91.3% of all shares tendered

19.12.2024 KRAUSSMAFFEI Sinochem delists German machine manufacturer from Shanghai stock exchange

19.12.2024 SIBUR  Long-awaited IPO preliminary scheduled for early 2025 / Aim to raise around EUR 550 mn from selling 2% shares

19.12.2024 PERLEN PACKAGING  Acquisition of LOG Pharma / Expansion of portfolio and geographical presence

19.12.2024 WITTE AUTOMOTIVE Expansion of plants in Czech Republic, Bulgaria / Crisis in automotive industry affects supplier

18.12.2024 GREENCHEMICALS Italian additive manufacturer buys competitor Polichem

18.12.2024 COVESTRO  Pilot plant for elastomer recycling planned for Leverkusen

18.12.2024 BIESTERFELD  German distributor expands 3D-printing partnership with Roboze across Europe, South Africa

17.12.2024 CEDO Acquisition of Lithuanian plastic bag maker Plasta

16.12.2024 EVONIK  Plans to scrap divisional management layer below executive board / Two new segments to be managed by board members

16.12.2024 OQ CHEMICALS  Perstorp acquires Dutch synthetic esters unit / Sale of group proves difficult

16.12.2024 ITERO  Building permit for pyrolysis demonstration plant in Netherlands / Schedule significantly delayed

13.12.2024 CARTON PACK  Italian packaging specialist hits acquisition trail again / Deal to buy UK's Clifton Packaging is sixth in four years

13.12.2024 INEOS STYROLUTION  India's Styrenix Performance Materials acquires ABS plant in Thailand

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People

02.01.2025 DOMO CHEMICALS Juha Jokinen appointed chief sales officer

20.12.2024 FORVIA Martin Fischer to take over as CEO of French automotive supplier

16.12.2024 CELANESE Scott Richardson new CEO after Lori Ryerkerk steps down at end-2025

09.12.2024 DOW CHEMICAL Carter tapped as new COO / Ten Bruggencate to head construction division

28.11.2024 DOW Kristan Soto selected as new MD of German subsidiary

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Markets

02.01.2025 AUTOMOTIVE  Umbrella group tells EU lawmakers to ‘stick with End-of-Life Vehicles Regulation plan' / Resisting pressure to water down proposals ‘will boost recycled content in new vehicles'

02.01.2025 RUSSIA  Analysts project twofold rise in PP, PE production by 2035 / Lion's share of growth in jeopardy due to sanctions

20.12.2024 YEAR-ENDER: EUROPEAN ENERGY MARKET  Q1, Q2 dotted with price fluctuations for electricity / Gas market relatively calmer than 2023 / Renewable energy experiences boost

20.12.2024 EUROPEAN CAR MARKET  EU registrations falter in November / Sales of battery-electric vehicles slump

20.12.2024 LOGISTICS  Inland waterway sailors on Germany's Moselle and Elbe rivers hope for quick repairs to locks and bridges

19.12.2024 YEAR-ENDER: EUROPEAN RECYCLATE MARKET  Insolvencies abound as industry faces slowdown / Wider price gap to virgin plastics weighs heavy / Two more difficult years / Will Trump policies aid EU recycling sector?

19.12.2024 BIOPLASTICS  Global bioplastics production capacity forecast to rise 132% in next five years / PHA, PLA, PP account for big chunk of expansion – EUBP

19.12.2024 GERMAN CHEMICAL INDUSTRY  Turnaround remains elusive / Some improvement in 2024 but profitability still lags

18.12.2024 YEAR-ENDER: RUSSIA-UKRAINE WAR  Dark clouds form over Russian economy / European energy prices on the rise again / Ukrainian plastics industry at a standstill

18.12.2024 EUROPEAN ECONOMY  German business confidence drops to pandemic levels / Optimism wanes among plastics, rubber firms / Jump in investor mood surprises

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Production and Engineering

09.12.2024 ZOTEFOAMS Polyolefin foam specialist introduces fully recyclable PP, TPU ranges

04.12.2024 RECYCLING SPAIN Consortium launches Bottle4Flex project to advance 100% rPET packaging

02.12.2024 ADIENT Closed-loop PU foam seats developed in coop with Dow, Jaguar Land Rover

29.11.2024 FOOTWEAR Aimplas develops 3D-printing material from scrap shoe leather

28.11.2024 UPM BIOCHEMICALS Pharmaceutical bottle made from partially wood-based PET

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Industry

18.12.2024 RECYCLING UK Recoup urges packaging companies to design for recyclability / Firms face reputational costs on non-compliance

17.12.2024 PACKAGING EUROPE  Council of the EU formally adopts PPWR / Regulation to be applied 18 months after date of entry into force

09.12.2024 PVC  UK hits imports of US-made S-PVC with swingeing tariffs / Inovyn alleged stateside producers of dumping material

04.12.2024 UN PLASTICS TREATY  No consensus after Busan talks / Petchem industry accused of ‘unsupportive' behaviour / Rising endorsement of production caps / Further session planned

03.12.2024 UK  Government stresses support for deposit return scheme / Announcement follows Welsh move to shelve DRS plan

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