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2025-09-09 1:19 min Management, India
Partnership

LNJ GreenPET and Sumitomo corporation sign MoU for strategic collaboration in r-PET sector

LNJ GreenPET, a part of the LNJ Bhilwara Group, announced the signing of a Memorandum of Understanding (MoU) with Japan-based Sumitomo Corporation to establish a strategic collaboration in the rapidly growing r-PET sector in India. The agreement outlines a multi-pronged ...
2025-09-05 1:43 min Facts & Figures, Europe
Call

EuPc: Plastics value chain demands immediate action to save EU industry

The European 1 plastics value chain is at a breaking point. A deep competitiveness crisis is suffocating the industry, with serious consequences already materialising across the sector. By the end of 2025, the region is expected to have lost recycling plants, amounting to almost one ...
2025-09-05 1:13 min Facts & Figures
Report

Avantium announces Half Year 2025 results - Avantium reaches important Flagship Plant and funding milestones

Avantium N.V. reports its 2025 half year results - Tom van Aken, Chief Executive Officer of Avantium: "We have achieved a successful start-up of the sugar dehydration unit, the largest and most critical part of our FDCA Flagship Plant, and this marks a key technical achievement in ...
2025-09-03 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 ...
2025-09-01 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 ...
2025-08-27 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 ...
2025-08-26 1:47 min Management, Caps & Closures, THREE:25
PET caps

PET bottlecaps: Origin Materials announces strategic customer relationship with Berlin Packaging

Under this agreement, Berlin Packaging has agreed to purchase PET 1881 caps from ...
2025-08-15 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.
2025-08-13 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 ...
2025-08-13 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 ...
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PETnology/tecPET GmbH

Postfach 120 429
93026 Regensburg
Germany

+ 49 (0)941 870 2374
+ 49 (0)941 870 2373
info@petnology.com

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