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GreenDot Acquires Italian Recycled HDPE/PP Compounder Forplast
On December 9, Specialized Plastic World learned that GreenDot has recently acquired an 80% stake in the Italian company Forplast, with the specific amount undisclosed. Forplast is a specialized company in recycled high-density polyethylene and polyp
Plastmatch Global Digest -
UK Construction Activity Contracts Significantly as Industry Sentiment Remains Subdued
S&P Global released data on the 4th showing that in November this year, the UK construction industry experienced a significant contraction, with the Purchasing Managers' Index (PMI) dropping to 39.4, the lowest level since May 2020, and significa
Chinanews.Com -
South Africa's November New Car Sales Increase By 12.5%
According to foreign media reports, the latest data released by the National Association of Automobile Manufacturers of South Africa (Naamsa) shows that in November this year, new car sales in South Africa increased by 12.5% to 54,896 units, achievin
New Energy Vehicle Network -
Involving chinese factories! teijin's high-performance fiber industry welcomes a "booster" by absorbing asahi kasei's wholly-owned subsidiary
Specialized VisionDecember2 , Plastics Giant Asahi Kasei Teijin has reached an agreement to implement an absorption-type merger: Asahi Kasei's wholly-owned subsidiary, Asahi Kasei.Advance merges with Teijin Frontier, a wholly-owned subsidiary of T
Plastmatch -
"European Carbon Fiber Alliance" Established! Led by Four Giants, Aiming for the Global Carbon Fiber Industry Summit
The European Composites Industry Association (EuCIA) recently announced the launch of the "Carbon Fiber Europe" alliance. This new alliance aims to assist the growth of the carbon fiber industry on the European continent. The founding members of the
Plastmatch Global Digest -
Is Spain or China the First Stop for the Automotive Industry's Expansion into Europe? - Examining Industrial Opportunities from CATL's Foundations and New EU Regulations
On November 26, 2024, local time, CATL and Stellantis Group officially broke ground on their joint venture battery factory in Spain. This €4.1 billion investment is not only the largest-scale investment by a Chinese enterprise in Spain but is also re
Plastmatch -
South Korea Raises Anti-Dumping Duties on Chinese PET Film! Rampf's Tianjin New Base Lands
International News Guide Raw Material News - Rampf's Tianjin New Base Lands, Targeting High-End Material Market in Asia Recycling News - GS Caltex Wins Asia's First RecyClass Certification for ELV Plastic Recycling Building Materials News - Soprema,
Plastmatch -
Soprema, A Specialist Manufacturer of Sealing Membranes, Opens New Factory in Germany
The Westerwald factory in Germany has expanded to produce polymer waterproofing membranes (image source: Soprema). With the completion of testing and certification processes and the successful rollout of the first batch of products, the French roofi
Plastmatch Global Digest -
Clariant Unveils Cost-Cutting Plan Details, Plans to Shut Down Multiple Plants
On November 21, Zhuansu Vision learned that Clariant recently provided details of its production rationalization plan mentioned in its recent third-quarter financial report to Chemical Weekly (CW). Clariant CEO Conrad Keijzer stated in an interview w
Plastmatch Global Digest -
Ineos Styrolution Closes French Plant! UK Lincolnshire Plans £35 Million Waste Plastic Recycling Facility
International News Guide Raw Material News - Ineos Styrolution Closes Polystyrene Plant in France Recycling News - UK Lincolnshire Plans £35 Million Waste Plastic Recycling Facility Automotive News - RecyClass Designates ELIX Polymers' ABS as C
Plastmatch Global Digest -
Elix Abs Hh 3110 Material Obtains RecyClass European Plastic Recycling Certification
Recently, ELIX Polymers, a subsidiary of Sinochem International's engineering plastics division, announced that its ELIX ABS HH 3110 product has become the first ABS resin to receive technical certification from RecyClass, the European plastics r
Sinochem International Holding -
Three Organizations Jointly Establish Packliance to Provide One-Stop Compliance Solutions for EU PPWR
Recently, GVÖ, KBS, and RIGK jointly established Packliance GmbH. The three organizations will integrate their experience in the implementation of Extended Producer Responsibility (EPR). This new company will provide practical advice to EU companies,
Plastmatch Global Digest -
BASF and ExxonMobil Collaborate to Advance Methane Pyrolysis Technology, Accelerating Low-Carbon Hydrogen Development
Leading companies in the industry join forces to accelerate methane pyrolysis technology, producing low-carbon hydrogen and solid carbon. The methane pyrolysis technology enriches the technology portfolios of both companies. A demonstration plant is
BASF -
Europe's Plastic Recycling Industry Sees Largest Recorded Production Capacity Contraction
Recently, Plastics Recyclers Europe (PRE) released its latest annual report, indicating that the plastic recycling industry in Europe is facing its most severe downturn, with revenues declining by 5.5%. The extent of the capacity contraction this tim
Bioplastics Research Institute -
Chemical Giant "Retreats" from Europe! ExxonMobil Announces Closure of Ethylene Plant in the United Kingdom (UK)
On November 19, Zhuangsu Shijie learned that ExxonMobil has confirmed it will permanently close its steam cracking facility in Mossmorran, UK, early next year. This move reflects the severe challenges faced by the European petrochemical industry, inc
Plastmatch Global Digest -
Germany Packaging Act Implementation Details Announced!
On November 17, the German Federal Environment Ministry initiated a consultation process with federal states and associations regarding the "Packaging Act Implementation Guidelines" (VerpackDG). Any company that places packaging on the market will be
Aikesen Environmental Technology8 -
BASF and ExxonMobil Join Forces to Advance Industrialization of Methane Pyrolysis Technology
On November 18, Zhuangsu Vision learned that ExxonMobil and BASF announced a strategic partnership to jointly develop methane pyrolysis technology, with plans to construct a demonstration plant at ExxonMobil's Baytown facility in Texas. Both parties
Plastmatch Global Digest -
Special Analysis on Economic Resilience in Central and Eastern Europe and Composite Materials Market Development
The Central European composite materials market size is 0.7 million tonnes. Poland and the Czech Republic account for about 80% of the market share (composite parts production market size by country/region - Central Europe 2024. Source: Lu
Chinese composite materials -
Titanium Chemical Expands Germany Phthalocyanine Pigment Production Capacity
DIC Group's subsidiary, Sun Chemical, announced that it will expand the production capacity of perylene pigments at its Ludwigshafen plant in Germany. The expansion will add up to 200 metric tons of finished products and intermediates. Alex Baron, Vi
Plastmatch Global Digest -
EU Scraps Tax Exemption for Packages Below €150 to Take Action Against Shein and Temu
The EU plans to curb the disorderly influx of low-priced Chinese goods. Image source: Ascannio/Shutterstock.com The European Union plans to intensify its crackdown on low-priced imports from China and other non-EU c
European M&A and Investment
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Clariant Unveils Cost-Cutting Plan Details, Plans to Shut Down Multiple Plants
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