Business Archives • Page 2 of 5 • Polyestertime

Business | Materials & Polymers | Sustainability

Groundbreaking Plant Based Food Packaging Solutions Disrupt Traditional Plastics Market
By PolyestertimePolyestertime September 17, 2026September 16, 2026

Groundbreaking Plant Based Food Packaging Solutions Disrupt Traditional Plastics Market The global drive toward circular industrial materials reached a defining milestone as rigid film manufacturing giant Klöckner Pentaplast (kp) entered into a strategic capacity reservation agreement with chemical technology innovator Avantium. The deal centers on evaluating and scaling next-generation plant based food packaging using polyethylene…

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Business | ECONOMY | Materials & Polymers

EU Chemical Industry 2026: The Dangerous Illusion of Recovery
By PolyestertimePolyestertime September 17, 2026September 16, 2026

Despite a brief uptake in nominal sales during the first half of 2026, the European chemical sector remains trapped in a structural competitiveness crisis driven by high energy costs, low capacity utilization, and severe global oversupply.

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Business | Recycling | Sustainability

Chilsung Cider’s Bold Recycled PET Push Gains Momentum
By PolyestertimePolyestertime August 27, 2026August 26, 2026

Lotte Chilsung is expanding recycled PET packaging across Chilsung Cider, ICIS, Pepsi and Saero as South Korea tightens packaging rules.

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Business | environment | Materials & Polymers

Indonesia Plastic Waste: The Alarming Cost of Petrochemical Growth
By PolyestertimePolyestertime August 25, 2026August 24, 2026

Indonesia is expanding petrochemical capacity while trying to curb plastic pollution. Reuse, producer funding and demand reduction may decide which goal wins.

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automotive | Business | Textile

Shougang Cordenka Joint Venture Signals Powerful Growth—But the Deal Isn’t Final
By PolyestertimePolyestertime August 21, 2026August 20, 2026

Shougang Century and Cordenka’s controlling shareholder plan a joint venture targeting industrial rayon and the global tire supply chain.

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Business | Textile

Indonesia Textile Recovery Gains Powerful Momentum
By PolyestertimePolyestertime August 21, 2026August 20, 2026

Indonesia’s textile industry is regaining momentum as exports, investment and production rise, but modernization will determine whether the recovery lasts.

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Business | Financial Results | Materials & Polymers

Indorama Ventures Earnings Deliver Powerful H1 Rebound
By PolyestertimePolyestertime August 17, 2026August 16, 2026

Indorama Ventures delivered a sharp first-half recovery, supported by improved chemical-market conditions, stronger cash conversion and tighter operating discipline. Management nevertheless expects unusually favorable second-quarter conditions to normalize.

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Business | Recycling

Carboliq Insolvency : Major Blow to Chemical Recycling Scale-Up
By PolyestertimePolyestertime August 17, 2026August 15, 2026

German plastics recycler Carboliq has entered insolvency after a liquidity crisis. An investor is evaluating a takeover while the future of its chemical recycling technology remains uncertain.

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Business | environment | Recycling

Volvic Recycled Bottles Mark a Bold Shift—but Questions Remain
By PolyestertimePolyestertime August 14, 2026August 13, 2026

Volvic is moving its French bottle range to recycled PET, cutting virgin plastic use while renewed scrutiny highlights the limits of recycling claims.

Read More Volvic Recycled Bottles Mark a Bold Shift—but Questions Remain