Oil markets remain volatile as Brent crude hovers around $95 per barrel and WTI near $91 amid ongoing uncertainty surrounding the US-Iran conflict and the Strait of Hormuz. Here’s what investors, consumers, and global markets should watch next.
The nylon market is facing growing pressure as shrinking margins drag DTY and caprolactam prices lower. The ongoing US-Iran conflict continues to disrupt energy and petrochemical markets, adding volatility to global nylon supply chains.
A deadly explosion at MOL Group’s Olefin 1 petrochemical plant in Tiszaújváros, Hungary, killed one person and injured nine others during a restart procedure. Investigators are examining the cause of the accident while the rest of the industrial complex remains operational.
European recyclate prices surged in April 2026 as the US-Iran conflict disrupted petrochemical supply chains and increased feedstock costs. Buyers are resisting higher prices, while polymer markets remain volatile amid supply shortages and rising energy costs.
Greyparrot and Kenvue have announced a strategic partnership to improve circular packaging through AI-powered waste intelligence. Using Greyparrot’s Deepnest platform, Kenvue will gain real-world recycling data to optimize packaging design, improve material recovery, and support sustainability goals globally.
Oil markets remain under pressure as Brent crude hovers around $105 per barrel and WTI near $98 amid escalating US-Iran tensions and ongoing uncertainty surrounding the Strait of Hormuz. Investors, governments, and consumers are watching closely as energy prices reshape inflation, transport costs, and global economic expectations.
Pyrum Innovations AG has secured unlimited delivery approval from Continental for ThermoTireBlack® produced at its expanded Dillingen/Saar facility. The approval confirms the industrial quality and scalability of Pyrum’s tire recycling technology and supports the company’s growth plans for 2026.
The U.S. PET recycling industry is facing mounting economic pressure as domestic recyclers shut down, imports increase and collection rates remain stagnant. The crisis highlights the growing disconnect between sustainability promises and the financial realities of maintaining a circular plastics economy.
Aliplast unveils a new international campaign focused on changing perceptions around recycled plastics, positioning them as a strategic and sustainable industrial resource within Europe’s circular economy.