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2025-09-29 1:11 min Management
Acquisition

UG Group acquires Wellman International to secure longterm future and growth

Universal Green Group (UG Group), the UKbased company providing the decarbonisation sector with high-integrity, transparent, and scalable carbon solutions, has entered into exclusive discussions with the examiner of Wellman International to form a scheme and become the company’s new ...
2025-09-25 3:25 min Facts & Figures, Biobased Material
Report

CARBIOS presents its 2025 half-year results and confirms its objective to build a PET biorecycling plant, with a revised timeline

CARBIOS has reduced its operating expenses and has a strong cash position of €72 million as of June 30, 2025, providing a cash horizon of more than 12 months. The Longlaville plant construction project is now supported by: Major progress with public financers ADEME ...
2025-09-23 0:32 min Management
Management

Survival scheme for Wellman International approved by Hight Court

The examiner’s scheme of arrangement for Wellman International has been approved by The High Court in Ireland. That means Indorama Ventures has achieved its main goal to find a new owner for the Irish operations and preserve as much employment as possible.
2025-09-22 1:55 min Management, Sustainability & Circular Economy, Africa, …
Investment in Recycling

Norfund invests in Mohinani Group to promote rPET in West Africa

Norfund, the Norwegian government’s investment fund for business development in ...
2025-09-18 1:29 min Cosmetics & Medical, Sustainability & Circular Economy, Chemical recycling, …
Molecularly recycled PET for cosmetics packaging

Toly and Eastman introduce Gemini: Manufactured with Eastman's Cristal™ One Renew IM812 resin

Toly, a provider of premium cosmetics packaging innovation, and Eastman, a ...
2025-09-16 1:55 min Management
Anniversary

70 years of ALPLA: from a laundry room start-up to a global player

‘Plastic is fantastic’: ALPLA has been proving this for 70 years. Founded in 1955 in ...
2025-09-10 1:50 min Management
Management

TOMRA Recycling appoints Lars Enge as its new Executive Vice President (EVP)

TOMRA Recycling has announced the appointment of Lars Enge as its new Executive Vice ...
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 ...
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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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