Aduro has selected Saipem for early engineering and procurement work on a first-of-a-kind chemical recycling plant at Chemelot in the Netherlands. The planned facility would process about 10,000 tonnes of complex plastic waste annually, but further project stages remain conditional.
Avantium is approaching first FDCA production at its Delfzijl plant, but falling cash reserves and a planned equity raise make financing the decisive test.
The United States has launched Operation Economic Outcast, widening Iran sanctions across shipping, gold, aviation, technology and digital assets.
US-Iran oil prices remain elevated as expanded sanctions, constrained shipping through the Strait of Hormuz and retaliation risks reshape the crude-market outlook.
The Iran war lifted resin prices by disrupting oil, feedstock and shipping flows. Yet weak demand, excess capacity and a possible recovery in Strait of Hormuz traffic could prevent those gains from lasting.
Indonesia is expanding petrochemical capacity while trying to curb plastic pollution. Reuse, producer funding and demand reduction may decide which goal wins.
Brent trades near $91-$93 and WTI around $85-$86 as markets balance imminent US sanctions on Iran with profit-taking amid ongoing Strait of Hormuz disruptions.
PHA Bioplastic Gains Powerful Momentum in the U.S. PHA bioplastic is moving from laboratory development into a growing range of consumer products, attracting fresh attention in the United States for its ability to biodegrade under appropriate conditions. South Korea’s CJ CheilJedang says its U.S. subsidiary, CJ Biomaterials, is developing PHA-based alternatives for products that are…
A ₹3,080-crore ($322 million USD) biopolymer complex in Lakhimpur Kheri is approaching commissioning. The integrated project will convert locally sourced sugarcane into polylactic acid, although recent sources differ on the precise production timeline.