Latteria Valtellina adopts PET milk packaging
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.
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US-Iran Oil Prices Fall as Hormuz Talks Advance
Brent crude is trading around $79 a barrel and WTI around $75 as markets assess progress toward reopening the Strait of Hormuz—and the risk that diplomacy could still fail.
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August Polyethylene Price Increase: What Buyers Should Verify
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.
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Irplast BOPP Expansion Adds 30,000-Tonne Atessa Line
Irplast has completed a new LISIM BOPP line in Atessa, adding 30,000 tonnes of annual capacity for advanced polypropylene packaging films.
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Mutares Completes $450 Million SABIC Plastics Acquisition
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.
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US Iran Oil Prices: Brent Near $85 as War Risks Persist
Oil prices remain volatile as the U.S.–Iran war threatens shipping through the Strait of Hormuz. Brent is near $85 a barrel and WTI near $81, while conflicting statements about diplomacy leave traders weighing de-escalation against renewed supply disruption.
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Catalyst-Free Plastic Recycling Turns Waste Into Useful Acids
Scientists have demonstrated a catalyst-free process that uses water, oxygen and microscopic interfaces to convert several difficult plastic wastes into useful organic acids. The laboratory results are promising, but significant engineering work remains before commercial deployment.
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LyondellBasell Q2 Results Rise on Polyolefin Margins
LyondellBasell’s second-quarter earnings improved as polyolefin margins and North American utilization rose, despite substantial European restructuring charges.
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US-Iran War: Oil Prices Fall as Diplomacy Returns
Oil prices have retreated as renewed US-Iran diplomacy raises hopes for safer shipping through the Strait of Hormuz, but supply risks remain.
