Lenzing Puts Nonwovens at the Centre of Its Transformation Strategy
Lenzing is shifting investment toward sustainable nonwovens, premium textile fibers and integrated pulp operations while restructuring its production network and finances.
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US-Iran Oil Prices: Brent Holds at $89/B Amid Middle East Supply Risks
Heightened conflict between the US and Iran pushes Brent crude to $89/B and WTI to $86/B amid supply disruption risks in the Strait of Hormuz.
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Neumag Advances Carpet-to-Carpet Recycling with 100% Recycled PET
Neumag has demonstrated that polyester carpet waste can be spun into new BCF yarn without virgin polymer, advancing closed-loop carpet production.
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OCEANZYME Tests Enzymes for Marine Plastic Recycling
OCEANZYME is investigating whether enzymes and marine microorganisms can convert severely degraded ocean plastics into useful raw materials for fisheries, aquaculture and other circular applications.
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Versalis (ENI) Q2 2026 Loss Narrows as Restructuring Takes Effect
Versalis sharply reduced its second-quarter operating loss as plant closures and restructuring lowered costs. Falling sales and renewed pressure on polyethylene margins, however, show that the recovery remains fragile.
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Coca-Cola India Market Share drops in Q2: Inside the Packaging & Supply Squeeze
Rising aluminum and PET resin prices, combined with supply chain bottlenecks, caused Coca-Cola to lose market share in India during Q2 despite soaring consumer demand.
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US–Iran War Pushes Oil Prices Higher as Supply Risks Return
Brent and WTI prices are rising again as renewed US–Iran hostilities revive concerns about the Strait of Hormuz, tanker traffic and global oil supplies.
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EU Imposes Duties on Chinese Polyamide Yarn
The European Union has imposed definitive anti-dumping duties of between 60% and 67.6% on polyamide yarn imported from China. The measure follows an investigation into unfair pricing and injury to European producers.
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Why Belgian PET Production Is Strategically Important
Belgian PET production sits at the intersection of packaging security, industrial competitiveness and Europe’s circular-economy targets. Growing import pressure and unstable international supply routes are making regional manufacturing capacity increasingly important.
