Latest News

APK: Jürgen Schiffer is the new CFO

27.07.2023 - Jürgen Schiffer has been appointed as the new Chief Financial Officer (CFO) by the APK AG Supervisory Board. The proven expert for finance, value-added processes as well as transformation and change management comes from Meyer Burger Technology AG, which specializes in photovoltaics. In addition to...

LyondellBasell: Investment in Dutch recycling company Stiphout

19.07.2023 - LyondellBasell today announced it has acquired a 50 percent stake in Stiphout Industries B.V. ("Stiphout"). Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity...

Trinseo: Price Decrease for Polystyrene and Copolymers in Europe

05.07.2023 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe yesterday announced a price decrease for all polystyrene (PS), ABS and SAN grades. Effective July 1, 2023, or as existing contract terms allow, the contract and spot prices for the products listed below will decrease...

Sumitomo (SHI) Demag: Expanded Executive Board - Christian Maget appointed Chief Financial Officer

30.06.2023 - Sumitomo (SHI) Demag Plastics Machinery GmbH today announces the expansion of its Executive Board with the appointment of Christian Maget as Chief Financial Officer, effective July 1, 2023. Taking this step to strengthen the Executive Board will enable CEO Gerd Liebig to dedicate more of his time...

PTTGC: New PET recycling plant planned in Ohio

22.06.2023 - Thai chemical company PTT Global Chemical (PTTGC) is planning to build a PET recycling plant in the US state of Ohio. According to a press release from U.S. subsidiary PTTGC America (GCA), the complex will be built on land at the Midwest Mega Commerce Center in Fayette County. Located between Cincinnati...

Duytan: Vietnamese recycler installs third Starlinger PET bottle-to-bottle recycling line

21.06.2023 - Vietnamese plastics recycler Duytan Plastic Recycling Co. Ltd. produces recycled PET for the manufacture of beverage bottles. As Austrian machine builder Starlinger announced that the company is about to install its third Starlinger PET bottle-to-bottle recycling line, which is scheduled to start production...

BASF: European sales of POM to be handled in future by Albis and Ultrapolymers

19.06.2023 - As of October 1, 2023, BASF will change its European direct business for "Ultraform" (POM) and transfer the sales process to its long-standing trusted trading partners, ALBIS and Ultrapolymers Group. By maintaining research and development for "Ultraform" within BASF, customers should continue to...

BASF breaks ground on polyethylene plant at Zhanjiang Verbund site in China

19.06.2023 - BASF has broken ground on a polyethylene (PE) plant at its Verbund site in Zhanjiang, China. As the company further communicates, will the new plant with a capacity of 500,000 metric tons of PE annually serve the fast-growing demand in China. The plant is scheduled to start up in 2025. “China's demand...

Trinseo: Price Decrease for Polystyrene in Europe

05.06.2023 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe recently announced a price adjustment for various polystyrene (PS), grades. Effective June 1, 2023, or as existing contract terms allow, the contract and spot prices for the products listed below will decrease as...

K.D. Feddersen: Wilfried Jobst appointed as further Managing Director

22.05.2023 - With immediate effect, Wilfried Jobst was appointed Managing Director of K.D. Feddersen GmbH & Co. KG. As the company further communicates, Wilfried Jobst will assume responsibility for the activities of the Plastics Distribution business segment in Asia, which he has already managed for many years...

Trexel: Joan Lombardo announced as new Vice President, Sales and Marketing

19.05.2023 - Trexel announces the appointment of Joan Lombardo to the position of Vice President, Sales and Marketing. In her role, she is responsible for overseeing sales efforts across three major regions, North America, Europe, and Japan, and working with all regions to coordinate global marketing activities....

Plastics Recycling Awards Europe 2023: Winners announced in Amsterdam

11.05.2023 - The winners of the Plastics Recycling Awards Europe 2023 were announced today at the Plastics Recycling Show Europe in Amsterdam. The seven category winners exemplify the advances in the circular use of plastics in today’s products, as well as the recycling innovation and technology that are enabling...

Petcore Europe: Martin Stephan named new Executive Director

10.05.2023 - Petcore Europe announced that it has appointed Martin Stephan as Executive Director, vice Ermis Panagiotopoulos, who served as Interim Executive Director since January 1st, 2023. Martin Stephan spent his entire career in the chemical industry, in France, Germany, Italy and Switzerland, and has been...

TotalEnergies: Acquiring of spanish plastics recycler Iber Resinas

10.05.2023 - TotalEnergies announces that it has acquired Spain-based Iber Resinas, an actor in the mechanical recycling of plastics for sustainable applications. With this transaction, TotalEnergies will increase its production of circular polymers in Europe, extend its range of recycled products, and enhance its...

Trinseo: Price Increase for Polystyrene and Copolymers in Europe

03.05.2023 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), ABS and SAN grades. Effective May 1, 2023, or as existing contract terms allow, the contract and spot prices for the products listed below will increase...

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