The European Commission has cleared the joint control of EPL by Indorama Ventures and Blackstone. The decision removes an important regulatory hurdle for the proposed combination of EPL and Indovida India.
Latteria Sociale Valtellina has brought PET bottle production into its Postalesio dairy, using SMI technology for milk and kefir formats and targeting 50% recycled PET.
North American PE suppliers are seeking an August increase, but softer crude, mixed demand and unresolved supply risks give buyers reasons to verify every cost claim.
Mutares has completed its $450 million acquisition of SABIC’s engineering thermoplastics operations in the Americas and Europe. Renamed NexPoint Materials, the business brings eight production sites, around 2,800 employees and approximately $2.5 billion in annual revenue.
LyondellBasell’s second-quarter earnings improved as polyolefin margins and North American utilization rose, despite substantial European restructuring charges.
Iran’s PET capacity may cover domestic summer demand, but shipping disruption, energy costs and limited current production data leave supply risks unresolved.
More than 300 packaging specialists from 66 countries gathered at SACMI in Imola to examine high-speed cap production, automated quality control, digital services and emerging materials for rigid packaging.
Rising aluminum and PET resin prices, combined with supply chain bottlenecks, caused Coca-Cola to lose market share in India during Q2 despite soaring consumer demand.
Belgian PET production sits at the intersection of packaging security, industrial competitiveness and Europe’s circular-economy targets. Growing import pressure and unstable international supply routes are making regional manufacturing capacity increasingly important.
