Boom times for the Italian plastic&rubber machinery sector
Italian imports of plastics and rubber processing machinery racked up a 23% year-on-year increase in the first half of 2018, a stark contrast to the lacklustre performance on the exports front.
Clariant, SABIC unveil plans to form high-performance materials joint venture
Swiss materials supplier Clariant AG and Saudi chemicals company SABIC are to merge parts of their businesses in a bid to create a leading supplier of high-performance materials.
MEPs propose ways to boost plastics recycling
European members of Parliament (MEPs) have called for boosting plastics recycling in the region, saying biodegradable and compostable plastics were not enough to prevent plastic pollution.
Uzbekistan plans €3.8bn gas chemical complex to support 10 plastics plants
Uzbekistan is planning to establish a major gas chemical complex (GCC) at the heart of what will be Central Asia's biggest technological cluster to supply polymers to more than 10 local plastics processing plants.
Univar snags Nexeo for $2B, may sell plastics unit
In a blockbuster materials distribution deal, Univar Inc. is acquiring Nexeo Solutions Inc. for $2bn (€1.7bn).