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Latest european plastics news

Companies

28.02.2025 MOL  Hungarian group profits fall in 2024 as petrochemicals remain in the red / FM at Bratislava lifted / Bottle deposit return scheme ramps up despite losses

28.02.2025 BASF  Cost cuts save EUR 1 bn / Core profit to rise on growth in nearly all segments / Restructuring remains priority, says CEO

28.02.2025 AMERICHEM US financial investor acquires majority stake in masterbatch specialist

27.02.2025 COVESTRO  Revenue drops despite rise in sales volumes / Core profit slips / ‘Certain level of optimism' for 2025

27.02.2025 MATTEL Toy maker to launch new brick portfolio in spring

27.02.2025 OBEN GROUP  Film producer tasks Brückner with biggest BOPP line worldwide / Installation planned in Mexico

26.02.2025 MONDI  Full year profits shrink on sagging demand at end of year / PE mono-material pouch for paint concentrate introduced

26.02.2025 NEXAM CHEMICAL  Collaboration with Swedish Kullaplast to improve recycled blown film

26.02.2025 VEOLIA  Environmental solutions developer expands PET recycling capacity in Switzerland and Sweden

25.02.2025 SUMITOMO  Acquisition of Syensqo's LCP activities / Producers plan extensive expansions worldwide

25.02.2025 HUNTSMAN  Losses continue in fourth quarter / End of PU system houses in Europe / Sale of MSA plant in Germany

25.02.2025 CHEMOURS  Strategic review of fluorochemicals assets / Workforce in France affected / Supply pact boosts titanium dioxide

24.02.2025 RADICI  Big bang in polyamides segment: sale of all PA materials activities to US investor Lone Star

24.02.2025 STEFANPLAST Italian plastics processor takes over Giganplast / Entry into the HoReCa sector

24.02.2025 ALLFO German film manufacturer takes over Dutch supplier of vacuum food packaging

24.02.2025 SIRMAX  Turnover of Italian compounder increases slightly / Start of construction for third plant in India

24.02.2025 CELANESE  Operating losses in Q4 / Downbeat outlook for Q1 2025 / Potential divestiture ahead

24.02.2025 SGL CARBON  Drastic austerity measures, job cuts planned for Carbon Fibers division / “Expectations in car production have not been fulfilled”

24.02.2025 CORPLEX  French plastics processor to shutter recycling activities

21.02.2025 NOVA CHEMICALS  Plans to include Canadian PE producer in Borealis-Borouge merger deal

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People

06.02.2025 CELANESE Main engineered materials division under new leadership of industry veteran

13.01.2025 COVESTRO Leadership change at Covestro's European production sites

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

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Markets

28.02.2025 LOGISTICS  Trump administration proposes port charges on freighters built in China / Up to USD 1.5 mn per incoming vessel / Traffic at Hamburg port upset by strike

27.02.2025 EU POLICY  Clean Industrial Deal unveiled in Brussels / 400 business leaders send urgent call to heads of state / Cefic praises ‘bold action' / Ineos's Ratcliffe prefers US approach

27.02.2025 PLASTICS ECONOMY EUROPE  12th PIE Market Survey: The future looks hopeful / Businesses not looking forward to green transition / Trump administration causes ambiguity

27.02.2025 EUROPEAN CONSTRUCTION MARKET Activity slump eases in January, but downturn persists / 2025 offers some cause for optimism following dire 2024, say experts

26.02.2025 EUROPEAN CAR MARKET  EU registrations fall in January / EVs retain lead in market share

26.02.2025 AUTOMOTIVE RECYCLING CEO-led coalition launches feasibility study / Real-world data sought from 100 end-of-life vehicles

25.02.2025 GERMAN ECONOMY  Business confidence stagnates / Plastics and rubber firms split on prospects for present, future

24.02.2025 GERMAN PLASTICS PROCESSING  Manufacturers of technical parts complain about significant drop in sales / Poor ordering situation and gloomy outlook

24.02.2025 ALUMINIUM INDUSTRY  Trump increases import tariffs to 25% / Personal care sector sees 4% growth in 2024, accounts for 81.5% of total demand

24.02.2025 REUSABLE CUPS Initiative launched in Glasgow / Collaboration with Burger King, other major retailers

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Production and Engineering

27.02.2025 PAL PLAST Compounder adds three new engineering grades to portfolio / Varying levels of recycled content possible

19.02.2025 RESEARCH Aimplas launches project that spawns compostable biofilms for mushroom cultivation

13.02.2025 RESEARCH Recycling breakthrough for thermosets / Material touted as fully chemically recyclable, biodegradable

28.01.2025 PET RECYCLING  DePoly, PTI claim closed-loop success with virgin-quality rPET bottle

27.01.2025 BIOPLASTICS DGeo adds BioEPS to portfolio / Packaging product claimed to completely break down in appropriate conditions within four years

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Industry

28.02.2025 PFAS  France seals new restrictions / US states set own drinking water standards

28.02.2025 POLYMERS FOR EUROPE ALLIANCE 2024 Polymer Producers Awards: Voting open for plastics converters / ‘Commitment to the European market' as new criteria

26.02.2025 ROMANIA  DRS introduction brings sizeable results / IT system key to success

19.02.2025 MARINE LITTER  Plastics waste at EU coasts declining / Measures at various levels prove effective – report

17.02.2025 AUTOMOTIVE  ELVR draft report: EU Parliament calls for lower recycled-content targets for cars / Associations concerned over impact on recycling innovation

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