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Assorimap: Plastic Recyclers’ Revenue Declines for the Third Consecutive Year

12.06.2026 - According to the industry association Assorimap, Italy’s plastic recycling sector remains in a structural crisis. Revenue generated by companies engaged in mechanical plastic recycling fell for the third consecutive year in 2025, reaching €685 million, 1.1% below the previous year’s level. At the same...

Albis: Expansion of cooperation with BASF to Vietnam

12.06.2026 - Albis is expanding its portfolio in Vietnam to include selected engineering plastics from BASF. In future, the company will distribute the “Ultramid”, “Ultradur”, “Ultraform” and “Ultrason” material families on the Vietnamese market. The expansion targets applications in the automotive, electrical and...

Aramco exits PRefChem joint venture with Petronas

12.06.2026 - Saudi oil company Saudi Aramco is withdrawing from the PRefChem joint venture with Malaysia’s Petronas. According to a company statement, Petronas will acquire Aramco’s 50% stakes in both PRefChem entities, Pengerang Refining Company and Pengerang Petrochemical Company. The agreement was signed at...

ifo: Material Shortages Slow Down Industrial Production and Push Up Consumer Prices in Germany

11.06.2026 - The shortage of materials has a negative impact on industrial production and raises prices in the long term. That’s shown by recent study by the ifo Institute. According to the study, unexpected material shortages lead to a short-term decline in industrial production of 2.4%. “Unexpected supply chain...

Lindner Washtech: Partnership with Srichakra Polyplast for PCR Recycling in India

11.06.2026 - Lindner Washtech and Srichakra Polyplast have entered into a partnership to expand high-quality plastic recycling capacities in India. As part of a greenfield project, Lindner Washtech will supply two washing lines for processing post-consumer recyclates from films and rigid plastics. With this investment,...

Econ: Friedrich Rechberger takes over management and is set to drive international expansion

11.06.2026 - Econ GmbH has appointed Ing. Friedrich Rechberger, MBA, as Managing Director effective June 3, 2026. The Upper Austrian company, based in Weißkirchen an der Traun, aims to further strengthen its international orientation and prepare for its next phase of growth. Rechberger has more than 30 years...

Celanese: Optimization of compounding business in Asia

11.06.2026 - U.S. chemicals group Celanese plans to optimize production in Asia for its Engineered Materials (EM) division as part of its “Grow & Fortify” strategy. In a press release issued at the beginning of the month, the company announced the immediate closure of its compounding plant in Ulsan, South Korea....

Krones: Annual General Meeting approves dividend of €2.80 per share

10.06.2026 - The shareholders of Krones AG approved all agenda items submitted for voting by a large majority at the company’s 46th Annual General Meeting on June 10, 2026. Attendance represented 83.72% of the company’s share capital. For the 2025 financial year, shareholders approved a dividend of €2.80 per share....

UvA: Pilot Plant Brings Chemical Recycling of Mixed Plastic Waste Closer to Industrial Application

10.06.2026 - The Catalysis Engineering research group at the University of Amsterdam (UvA) has developed a process for recycling mixed plastic waste. A newly constructed pilot plant is now set to demonstrate how such waste streams can be converted into valuable feedstocks for the production of new plastics. The...

Michelin: Pilot project with Syntetica to recycle nylon from textile waste

10.06.2026 - European deep-tech company Syntetica and the Centre des Matériaux Durables (CMD) at the Michelin Innovation Park Cataroux in Clermont-Ferrand are working together to industrialize nylon recycling from textile waste. The aim of the partnership is to establish a circular economy for the plastics nylon...

Wacker: Ceramifying Silicone Improves Thermal Barriers for EV Batteries

10.06.2026 - Wacker has developed a ceramifying silicone designed to enhance heat and flame protection in thermal barriers for electric vehicle batteries. The material, part of the company's "Elastosil" CM product range, is suitable for flexible barrier systems and is intended to protect battery components from...

DK Kunststoff-Service: Distribution Partnership with the Radici Group

09.06.2026 - DK Kunststoff-Service, based in Bielefeld, Germany, and RadiciGroup High Performance Polymers are expanding their cooperation through a long-term distribution agreement. The arrangement follows a collaboration launched last year, during which DK Kunststoff-Service introduced the Italian manufacturer's...

Maag: New M²-USG Underwater Strand Pelletizing System Increases Throughput and Process Stability

09.06.2026 - The Maag Group has introduced the M²-USG, a new generation of its underwater strand pelletizing system. The system has been designed to deliver greater process stability, increased production performance, and improved pellet quality. Design enhancements and comprehensive sensor integration are...

Röhm: LiMA Technology in Bay City at Full Scale Operation

09.06.2026 - Röhm has officially opened its new plant for the production of methyl methacrylate (MMA) in Bay City, Texas. Following commissioning and a structured ramp-up phase, the plant is now producing steadily at full capacity, according to the company. Röhm’s proprietary “LiMA” technology is being used there...

KraussMaffei: John Fini appointed new head of US subsidiary

08.06.2026 - There has been a change at the top of KraussMaffei Corporation (KMC), the US subsidiary of the KraussMaffei Group. Brett Greenhalgh retired at the end of May 2026 and stepped down from his position as President of the US subsidiary. Effective June 1, 2026, John Fini, previously Vice President Digital...

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