Volkswagen launches its first industrial vehicle dismantling line at its Zwickau plant, transforming end-of-life cars into high-value components, battery secondary power, and raw materials.
Global oil prices fluctuate around $103 for Brent and $96 for WTI as markets weigh military tensions against emerging diplomatic efforts in the US-Iran war.
Supply disruptions in petrochemical feedstocks caused by conflict in the Middle East have catalyzed a massive demand surge for recycled PET chips worldwide.
China is constructing 100 times more polyethylene capacity than Western Europe by 2030, reshaping global trade dynamics despite modest investment returns.
Prime Polymer and Newlight Technologies have unveiled a breakthrough biomolecular alloy combining polypropylene and Aircarbon PHB, unlocking disperse dyeability and lightweight sustainable performance for textiles.
Oil prices remain highly volatile as Brent hovers near $106/B and WTI trades around $98/B following military strikes in the Middle East and ongoing diplomatic efforts.
Indian recycler RiBotl deploys Starlinger bottle-to-bottle technology in Silvassa, producing 16,000 tonnes of food-grade rPET annually under FSSAI rules.
Repsol prepares to launch its €820 million Alba project in Sines, Portugal, adding 600,000 tonnes of polyolefin capacity amid strong corporate earnings.
LyondellBasell is shifting its MoReTec-2 chemical recycling plant from the U.S. to Europe, citing stronger EU regulatory support for circular plastics.