April 2024 Issue
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ON THE COVER:
The packaging sector is a key user of plastics materials. Thus, it is of importance that brand owners and materials suppliers stay up-to-date on the preferences by consumers, especially the younger generation, on sustainability and recycling
Feature Latest Headlines
- » Chinaplas 2024 ends with a record-breaking attendance of over 320,000 visitors New
- » Kraiburg TPE’s innovative packaging solutions with TPE material
- » 66 Taiwanese Petrochem and plastics-rubber companies showcase sustainable solutions at NPE in the US
- » Expansions: Toray invests US$365 mn to expand fibre capacities in South Korea; Klüber to invest EUR1.56 mn to expand lubricants plant in India
- » Tie-ups: Dow/SCG tie up for recycling of plastic waste in Asia; Alpla/Re-Purpose to build EUR60 mn recycling facility in South Africa
- » Green tie-ups: Yanfeng/Trinseo to collaborate on mechanical recycling; Consortium develops recycling for end-of-life PU mattress foams
- » Tie-ups: Lummus to license Sumitomo Chemical’s LDPE/EVA, rPMMA techs; Wood links up with Juno for circular waste recycling projects
- » Expansions: Ineos Inovyn launches PVC recycling plants in Belgium; BASF to up capacity for nylon/PBT in India
- » China Expansions: Shin-Etsu to build silicone plant in Zhejiang; BASF invests in expansion of additives plant in Nanjing
- » Investments: IRC closes Circular Plastics Fund at EUR175 mn; NatureWorks obtains US$350 mn loan for Thai PLA facility
- » LyondellBasell to review European petchem business units » M&As: Arkema acquires Dow’s laminating adhesives biz; Adnoc not pursuing US$2 bn stake in Brazil's Braskem
- » Shell sells Singapore petchem assets to Chandra Asri/Glencore jv; in talks for sale of petrol stations in Malaysia to Aramco
- » M&As: Krones Prefero brings together solutions; Sacmi sells beverage unit to Omnia
- » Kraiburg TPE showcases sustainable TPEs, Auto innovations at Plastics & Rubber Thailand 2024
- » Green tie-ups: OMV/Borealis link with Tomra for recycling feedstock; Loop/Ester in jv to produce recycled DMT, MEG in India
- » M&As: Ineos completes purchase of LyondellBasell’s US ethylene business; Chemovator invests in start-up Heartland involved in natural fibre reinforcements
- » StackTeck sets up iMFLUX for processing recycled materials
Company News
Investments: IRC closes Circular Plastics Fund at EUR175 mn; NatureWorks obtains US$350 mn loan for Thai PLA facility
Growth capital platform Infinity Recycling (IRC) has announced the final close of its Circular Plastics Fund I SCSp (CPF), exceeding the fund's EUR150 million target and securing EUR175 million in committed... Read More»
LyondellBasell to review European petchem business units
Chemical firm LyondellBasell has announced the formal launch of a strategic review of the European assets of its olefins & polyolefins and intermediates & derivatives business units. The assessment will evaluate the assets through the lens... Read More»
Material News
Kraiburg TPE showcases sustainable TPEs, Auto innovations at Plastics & Rubber Thailand 2024
Kraiburg TPE, a global leader in thermoplastic elastomer manufacturing and specializing in delivering custom-engineered TPE solutions across diverse industries and applications, is unveiling its latest sustainable TPEs featuring up to 48% PCR and... Read More»
Green tie-ups: OMV/Borealis link with Tomra for recycling feedstock; Loop/Ester in jv to produce recycled DMT, MEG in India
Austrian chemical firms OMV Group and Borealis have entered into long-term feedstock supply agreements for their recycling facilities with Tomra Feedstock, a subsidiary of sorting... Read More»
Machinery News
Chinaplas 2024 ends with a record-breaking attendance of over 320,000 visitors
Chinaplas 2024 successfully concluded on April 26 at the National Exhibition and Convention Center (NECC) in Shanghai, drawing significant global attention from the plastics and rubber industries.... Read More»
M&As: Krones Prefero brings together solutions; Sacmi sells beverage unit to Omnia
With the acquisition of Swiss injection moulding machine maker Netstal Maschinen at the beginning of the year, German bottling/packaging machine maker Krones Group has been able to offer its customers... Read More»
Country Focus: An alliance that keeps Asia’s “white gold” shining
Despite challenges in the global market and supply chain, Asia’s primary rubber producers are successfully achieving their growth targets, with China playing a pivotal role as a major trade partner... Read More»
66 Taiwanese Petrochem and plastics-rubber companies showcase sustainable solutions at NPE in the US
The largest plastics and rubber industry trade show in the Americas, NPE, took place from May 6 to 10 at the Orange County Convention Centre in Orlando. After a six-year hiatus, the event returned with around 2,000 exhibitors and recorded over 50,000 registrants... Read More»
Air Liquide issues EUR500 mn green bond to finance energy transition
Industrial gases firm Air Liquide says it has issued a new EUR500 million green bond, in line with its ambition to combine growth and sustainable development. ... Read More»