Plastics and Polymers

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Plastics Industry Slams new US Legislative Proposal

US chemicals and plastics producers have expectedly slammed a new legislative initiative called Protecting Communities from Plastics Act (PCPA) introduced by Democratic Party senators and representatives in both houses of Congress at the beginning of December.

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Bloomberg Funds Program to Block US Petchem Projects

Michael Bloomberg, the founder of US-based financial, software, data and media group Bloomberg LP and a United Nations special envoy on climate ambition and solutions, has launched a campaign to stop the expansion of petrochemicals and plastics production in the US.

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Investindustrial Sells PVC Compounder Benvic to ICIG

European private equity group Investindustrial — through subsidiary PVC Europe — has agreed a sale of PVC compounder Benvic to International Chemical Investors Group (ICIG). However, it expects to retain Benvic’s medical activities in Italy.

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Vietnam Expands in Petchems and Plastics

Vietnam is on its way to becoming a major Asian player in petrochemicals and plastics. Up to now, the country has lagged regional peers such as China or Malaysia in bringing new production facilities on stream, but this is slowly changing.

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Covestro Chief Sees Recession Looming

A recession is headed for Europe that will be deeper and last longer than the financial crisis of 2008, Markus Steilemann, CEO of engineering plastics producer Covestro, predicted in an interview with a German business newspaper.

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Polyplastics Plans German Polymers Plant

Japanese engineering plastics specialist Polyplastics has announced plans to build a cyclic olefin copolymer (COC) production plant in Leuna, Germany, to meet growing global demand for its Topas COC polymers.

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Circular Economy

The chemical industry is on the threshold of a new era – the age of circularity. We asked industry experts to share their opinions on this transformational topic.

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Covestro Widens Japanese TPU Stake

Covestro has widened its stake in its thermoplastic polyurethanes (TPU) joint venture with Japanese PPS compounder and pigment manufacturer DIC (formerly Dainippon Ink & Chemicals), increasing its holding to 80% from 50%.

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