Oil Prices and the US–Iran War: Why Brent Is Near $86 and WTI Near $81
Oil prices are easing as diplomatic talks reduce immediate fears over the Strait of Hormuz, but the US–Iran war continues to keep a geopolitical premium in crude markets.
-
-
Sun Chemical Unveils Powerful Plastic Pigment Preparations for AMI 2026
Sun Chemical will bring pigment preparations for polyolefins, HDPE and PVC to AMI Compounding & Recycling Expo 2026, focusing on colour performance, processing consistency and dimensional stability.
-
Chilsung Cider’s Bold Recycled PET Push Gains Momentum
Lotte Chilsung is expanding recycled PET packaging across Chilsung Cider, ICIS, Pepsi and Saero as South Korea tightens packaging rules.
-
Major Boost: Pakistan PET Recycling Gains New Capacity
A new high-capacity PET washing line in Karachi highlights Pakistan’s growing investment in bottle-to-bottle recycling and food-grade recycled plastic.
-
Circular PA6 Breakthrough Could Transform Automotive Recycling
Envalior and SECARA are testing a chemical-recycling route that could turn mixed plastics from end-of-life vehicles into high-purity caprolactam for new automotive PA6. The project targets a key challenge created by the EU’s newly adopted vehicle-circularity rules.
-
MAIRE Secures Major €50 Million Nextchem Contracts
MAIRE has secured approximately €50 million in Nextchem contracts covering urea technology, industrial equipment and plastic upcycling projects worldwide.
-
Oil Prices and the US–Iran War: Brent Near $85
Brent crude is near $85 per barrel and WTI around $80 as markets assess US–Iran tensions, Hormuz shipping risks, sanctions and global oil inventories.
-
Major Breakthrough: Pakistan PET Recycling Gains 24,000-Tonne Boost
Novatex has added more than 24,000 tonnes of annual bottle-grade recycled PET capacity near Lahore, strengthening Pakistan’s packaging circularity infrastructure.
-
Sumika’s Bold Automotive Plastic Recycling Push in France
Sumika is expanding recycled polypropylene capacity in southern France as Europe introduces binding recycled-plastic targets for new vehicles. The project could help carmakers build more reliable closed-loop supply chains.
