Indorama, Canadian startup form JV for PET chemical recycling
Indorama Ventures Public Co Ltd (IVL) and Canadian recycling technology startup Loop Industries Inc have joined forces to create a PET and polyester recycling venture to address growing demand for sustainable plastics.
Rehau begins building €150m car bumpers plant in Újhartyán, Hungary
Rehau Automotive has formally laid the cornerstone of a €150m exterior car components plant at Újhartyán near Budapest in Hungary.
Arkema-Barrday JV to supply composites to oil & gas industry
Advanced materials and composites supplier Barrday Inc and French speciality chemicals company Arkema SA have formed a joint venture to manufacture and market carbon fibre and speciality polymer tapes for the growing oil and gas industrial market.
Ineos joins in PS recycling project
A trio of companies is joining forces in a project they say will close the loop on polystyrene recycling, and a representative for one of the partners believes the approach will fundamentally change how PS is viewed in the recycling market.
Business fund acquires successful Danish plastics group
Danish trading fund Pitzner Gruppen Holding AS, owned by asset management company Axel Pitzner Fonden, is acquiring a 60% majority stake in Nordic Houseware Group A/S, a leading Danish plastics group.