Kumho Petrochemical Strategy Shifts to Specialty Materials
Kumho Petrochemical is shifting towards specialty materials, recycled plastics and research-led manufacturing as oversupply weakens the traditional petrochemical business model.
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Polybion Scales Bacterial Cellulose for Industrial Use
Polybion says it has cultivated its largest continuous Celium sheet to date. The project highlights the manufacturing challenges that must be solved before bacterial cellulose can move from promising prototypes to repeatable industrial applications.
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Radici Chimica Novara Restructuring Puts 140 Jobs at Risk
Radici Chimica plans to halt key production units at its Novara site after three years of losses, placing up to 140 of the plant’s 287 jobs at risk.
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Jyoti World Presents a Recycled Polymer Ecosystem at GCPRS 2026 – Polymer Price Trends
At GCPRS 2026 in New Delhi, Jyoti World presented an integrated manufacturing model that converts recycled polymers and difficult plastic waste into engineering compounds and durable infrastructure products.
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US–Iran War Pushes Oil Prices Higher as Supply Risks Intensify
Brent is trading near $99 a barrel and WTI near $91 as the US–Iran conflict and attacks on critical shipping routes increase global supply risks.
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Italy’s Compostable Packaging Plan Faces EU Scrutiny
Brussels has questioned whether Italy’s proposed compostable-packaging rules comply with the PPWR and the EU Single-Use Plastics Directive.
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Plastic Recycling Crisis Deepens as Cheap Virgin Resin and EU Export Rules Squeeze Operators
Cheap virgin polymers, weak demand and tighter EU shipment rules are intensifying the plastic recycling crisis, putting plants, investment and recycling capacity at risk.
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European recyclate prices remain under pressure in July as cheaper virgin polymers, weak seasonal demand and abundant supply reduce recyclers’ pricing power.
Recyclate prices July Recyclate Prices in July Pressured by Cheaper Virgin Plastics European recyclate prices are coming under renewed pressure in July as inexpensive virgin polymers, subdued demand and ample material availability weaken the negotiating position of recycling companies. Recent European market assessments indicate that standard recyclers have had to make price concessions during the…
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Oil Prices Near $100 as US–Iran War Escalates
Brent crude is approaching $97 per barrel and WTI is near $89 as renewed US–Iran hostilities and attacks on strategic shipping routes raise fears of another global energy supply shock.
