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Coveris: Acquisition of Gefo Expands CPP Film Capacity in Germany

17.06.2026 - Coveris has acquired the business of Gefo Folienbetrieb GmbH in Gera, thereby expanding its production capacity for cast polypropylene (CPP) films. With this acquisition, the European packaging manufacturer aims to strengthen its portfolio of recyclable mono-material solutions and further expand its...

Vynova Wilhelmshaven: Sale to Westlake Vinnolit Completed

17.06.2026 - In the insolvency proceedings of Vynova Wilhelmshaven GmbH, the sale of the production site to Westlake Vinnolit GmbH & Co. KG has been completed. Following the required regulatory approvals, the purchase agreement was notarized and the transaction finalized. Insolvency administrator Dr. Christian Kaufmann...

Covestro: EU Project “Bio4PURConti” Aims to Enable Continuous Production of Bio-Based Aniline

16.06.2026 - Covestro has launched the EU-funded research project “Bio4PURConti” (Bio-Based Continuous Production for Sustainable Polyurethane Industry). The initiative aims to develop the world’s first continuous production process for bio-based aniline. Covestro is coordinating the consortium, which consists of...

Chinaplas 2026: Record Attendance with More Than 350,000 Visitors

16.06.2026 - Chinaplas 2026 concluded on April 24 at the National Exhibition and Convention Center (NECC) in Shanghai. The international plastics and rubber trade fair set a new record with 350,189 trade visitors. Compared with Chinaplas 2025 in Shenzhen, attendance increased by 24.5 percent. The exhibition covered...

Plastics Industry Association: Plastics Machinery Shipments See Soft Start in 2026

16.06.2026 - The Plastics Industry Association (“Plastics”) has published the Committee on Equipment Statistics (CES) report for the first quarter of 2026. The report, authored by Plastics Chief Economist Dr. Perc Pineda, estimates North American shipments of primary plastics machinery at USD 273.5 million. This...

Aimplas: “Implicit” Project Develops Recycling Pathways for Auxiliary Materials from Composite Manufacturing

15.06.2026 - The research project “Implicit” is developing recycling strategies for single-use auxiliary materials generated during the production of composite materials. The focus is on waste streams such as vacuum bags, release films, and technical fabrics, which are currently often landfilled or sent for energy...

Evonik: Pilot Plant in Marl Starts Production of AEM Membranes for Green Hydrogen

15.06.2026 - Evonik has commissioned a pilot plant in Marl for the production of its anion-conducting polymer membrane “Duraion.” The membrane is designed for AEM electrolysis and is intended to reduce the cost of green hydrogen production. According to the company, the facility can produce membranes annually...

Arlanxeo: Covestro supplies ISCC PLUS-certified chlorine for more sustainable chloroprene rubber production

15.06.2026 - Arlanxeo and Covestro are expanding their collaboration to reduce the carbon footprint of synthetic rubber production. Since January 2026, Arlanxeo has been using ISCC PLUS-certified chlorine from Covestro throughout the production of chloroprene rubber (CR) for its “Baypren” product portfolio. The...

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....

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