1:80 min
Facts & Figures
Closure
Plastics Recyclers Europe: Wave of surging plastic recycling plant closures hits Europe
The European plastic recycling industry is facing imminent collapse. The surge in low-priced imports of recycled plastics, the consequent decrease in the demand for EU-made recyclates, mounting economic pressures and excessive red tape are driving an increasing number of EU recyclers ...
0:56 min
Management
Expansion
Circularix launches new recycled PET production facility in Ocala, Florida and initiates expansion plans at original Hatfield, Pennsylvania site
Circularix announced the successful completion and commercial start-up of its new recycling facility in Ocala, FL. The site complements Circularix's flagship facility in Hatfield, PA and significantly expands the company's ability to deliver high-quality ...
2:80 min
Facts & Figures
Review
Record level for PET to PET half-year balance sheet: 18,403 tons of PET bottles recycled
18,403 tons of PET beverage bottles were successfully kept in the resource cycle in the first half of 2025 – an increase of 14.5% compared to the previous year (first half of 2024: 16,071 tons). PET to PET recorded solid growth in processing volume after a slight decline last ...
3:28 min
Facts & Figures
Progress
Indorama Ventures reports progress on IVL 2.0 program to fortify the business as industry challenges weigh on 1H25 performance
Indorama Ventures Public Company Limited (IVL) posted a decline in first-half earnings as management continues to execute its three-year IVL 2.0 transformation strategy, maintaining steadfast focus on fortifying the company against a prolonged downturn in global chemical markets.
1:39 min
Facts & Figures
Funding
Avantium provides update on a proposed comprehensive funding package
Avantium N.V. announces important developments in its long-term funding strategy. The Company has reached a conditional agreement with its Lenders (ABN AMRO, ASN, ING, Invest-NL, and Rabobank) to extend and amend its existing Senior Debt Financing Agreement, subject to a successful ...
1:15 min
Management
Management
PLASTICS Industry Association announces new staff additions
The Plastics Industry Association (PLASTICS) is pleased to announce several new additions across the PLASTICS team, reinforcing the association’s ongoing commitment to protect the industry, promote continued investment in innovation and sustainability, and advocate for the ...
0:50 min
Management
Management
Ann-Kristin Erkens appointed interim CEO of SIG
The Board of Directors of SIG and Samuel Sigrist have mutually agreed on Samuel stepping down from his position as SIG’s Chief Executive Officer with immediate effect. The Board seeks new leadership to steer the Company through its next phase.