Oil prices Iran war: Brent near $73 as markets weigh Hormuz risk
Oil prices remain volatile as Brent trades near $73/b and WTI near $67/b, with markets balancing US-Iran war risks, Hormuz flows and weaker demand.
Oil prices remain volatile as Brent trades near $73/b and WTI near $67/b, with markets balancing US-Iran war risks, Hormuz flows and weaker demand.
Bioplastics are moving beyond niche sustainability claims as packaging, healthcare and regulation push renewable polymers toward more demanding industrial applications.
Borouge International has introduced a bio-based version of a polypropylene grade used in drinking water and irrigation fittings, offering lower-carbon performance without changing processing requirements.
Milliken’s Millibrite technology brings a polymer-based approach to fabric whitening, designed for LED-lit homes, cold washing and modern detergent formulations.
A customised PET blowing block developed by IMI for Tech-Long increases bottling output by 10% while reducing compressed air demand in PET bottle production.
Oil prices have eased, with Brent near $74 and WTI near $71, as tanker traffic through the Strait of Hormuz recovers. But the US-Iran war keeps energy markets exposed to renewed volatility.
Circulose has added Eileen Fisher, Marimekko, Samsøe Samsøe and King Louie as partners, strengthening demand for textile-to-textile recycling before its Sweden production restart.
Refinity has licensed PNNL catalyst technology to convert mixed plastic waste into jet-fuel-range liquids and industrial hydrocarbons, signaling a new step for circular plastics and sustainable aviation fuel.
Barmag’s recycled polyester yarn trials show how closed-loop carpet recycling could turn used carpet material into new BCF carpet yarn.