Oil prices are climbing again as stalled US-Iran negotiations deepen uncertainty over the Strait of Hormuz. With Brent near $89 and WTI around $83, the market is balancing immediate supply risks against the possibility of recovering production and weaker global demand.
BioBTX is advancing its PETRA plant in Delfzijl, where mixed plastic waste will be converted into renewable benzene, toluene and xylenes.
The EU has made its anti-dumping response permanent, setting terephthalic acid duties of 6.1% to 24.1% on imports from Korea and Mexico.
Brent is trading near $84 and WTI near $79 as uncertainty over the Strait of Hormuz keeps a geopolitical risk premium in crude markets.
A new JRC assessment finds that chemical recycling remains significantly more expensive than virgin-plastic production. Yet regulation, hard-to-recycle waste and demand for high-quality recycled material could still create a viable European market.
New US tariffs on imports from Türkiye are increasing pressure on Turkish textile and apparel exporters already struggling with costs and job losses.
Iran has proposed a rotating BRICS Expo to connect businesses and encourage investment, but the idea still needs bloc-wide backing and a practical framework.
The BOPP film market remains resilient, but capacity growth, regional imbalances, regulation and specialty-film demand are reshaping competition.
EREMA Group remained profitable in the 2025/26 financial year despite a 28% revenue decline, delayed investments and persistent pressure across the plastics recycling industry.