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AMI Market Intelligence reports that global BOPP film demand is expected to return to a more stable growth path, with a CAGR of more than 3% through 2030, despite regional differences and recent macroeconomic pressures.
Europe's plastics recycling industry is experiencing its steepest contraction, with turnover down 5.5% and closures rising, risking progress toward circular economy goals, according to the latest industry figures.
IFR: 542,000 industrial robots were installed worldwide in 2024, with nearly 12% cobots. Poland recorded 2,344 new installations, down 13% y/y, remaining the largest robotics market in CEE.
The European plastics recycling sector is sliding into one of its deepest crises to date. By the end of 2025, Europe will have lost nearly one million tonnes of recycling capacity since 2023.
RecyClass says its Recycling Process Certification now covers 60% of Europe’s installed plastics recycling capacity. Stream-level coverage in 2024 reached 58% for HDPE/PP, 62% for ELV-WEEE, 70% for LDPE and 75% for PET.
Research Intelo estimates the engineering plastics market at USD 119.3 billion in 2024 and projects USD 204.2 billion by 2033, a 6.7 percent CAGR. Growth is supported by automotive, electrical and construction demand and the shift to lightweight, high-performance materials.
The globally operating ENGEL Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection moulding machine manufacturer held its ground against European competitors.
New research from Aquapak shows that 58% of UK shoppers see the effect of plastic breaking down to microplastics in the ocean and waterways as their biggest concern when it comes to the damage plastic causes to the environment.
Prices in the polyolefin market in Poland in 2024 changed due to various factors, such as: the level of demand from converters, the availability and quantity of imported material, the price of oil, the impact of the overall European economy, as well as the geopolitical situation worldwide.
Dassault Systèmes today reports its IFRS unaudited estimated financial results for the fourth quarter 2024 and full year ended December 31, 2024.
The BASF Group’s sales for the full year 2024 are expected to be €65.3 billion (2023: €68.9 billion).
An opportunity to present the company from the point of view of sustainability. It confirms the commitment in the transition towards an economy increasingly focused on reducing environmental impact, generating value and improving the community welfare.
The Fakuma 2024 in Friedrichshafen was a success for the Wittmann Group. The number of visitors was highly satisfactory, and the order volume placed at the fair was on a par with that or the Fakuma 2023.
The fourth edition of the Sustainability Report provides a wealth of interesting facts and figures about Arburg, its values and its successful sustainability activities in 2023.
The latest data from Plastics Europe’s The Circular Economy for Plastics: A European Analysis report shows that while the circular transition of the plastics system is picking up pace, there is still much to be done.
European PE producers plan to increase prices next month in line with rising ethylene rates. According to Chem-Courier forecasts, the value of ethylene is expected to advance by €20-25/t in August.
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
NPE2024: The Plastics Show, announced its final registration and paid exhibit space results data, totaling 51,396 registrants and 1,106,767 square feet respectively.
Market players had hoped for increased PE demand due to summer activities in Europe, but they did not observe significant impacts. Nonetheless, this month is described as relatively active in PE and PP sales.
Villa Arconati hosted the annual Members Assembly of Amaplast – the national trade association affiliated with Confindustria .
Latest figures show that the growth rate of total European installed plastics recycling capacity went down from 17% to 10% year on year in effect giving 12.5 million tonnes in 2022.
According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.
Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months
Chem-Courier forecasts polyolefins to hold their value until the end of the month.
A reported shortage of polyolefins in Poland has caused panic among converters.
"Many customers are interested in prices and will most likely start restocking in August" - a market participant said.
Untha shredding technology GmbH, the Austrian manufacturer of industrial shredding systems, looks back on a successful 2022: The company achieved yet another record turnover in the region of 80 million Euro, set up a new subsidiary in Turkey, noted a distinct improvement of supply conditions, came up with product innovations, made progress with regard to digitalisation and hired 50 new employees.
The company is on track to exceed its 2025 goal to reduce operational emissions by 25%
Among economies such as Germany or Portugal, Poland is a domineering European producer of tools for processing of plastics used in many sectors. None of these sectors could function without high quality tools.
Almost 400 Italian companies in the plastics and rubber sector registered for the upcoming edition of K, taking place in Düsseldorf on 19-26 October 2022.
European mechanical plastics recycling exceeded 8 million tonnes in 2021 despite feedstock insecurities caused by Covid-19 slowdown
Total packaging industry deals for February 2020 worth $823.28m were announced globally, according to GlobalData’s deals database.
ELIX Polymers, a manufacturer of thermoplastic materials and located at Polígono Sur in Tarragona, has published its Sustainability Report, which aims to provide its stakeholders with a clear understanding of the company’s commitment to transparency and information related to its activity during the 2017 tax year.
The Turkish plastics industry achieved a record-level growth during Q1 of 2018 despite all negative developments in global economy.
The European market for fibre-reinforced plastics/composites has been growing steadily for a number of years now.
Stronger political support needed to realise full potential of bio-based materials in Europe.