Diverging PLA Price Trends: Europe vs. US in 2025
February 13, 2025 – PLA Price Trends Diverge in Europe and US Amid Demand Shifts and Logistical Hurdles In the first half of January 2025, the price trends of polylactic acid (PLA), a bioplastic, diverged significantly between the European and US markets. While European prices saw an upward trajectory, the US market remained steady. This…
France Secures EU Nod for €500M Chemical Recycling Support Scheme
February 13, 2025 – EU Greenlights €500 Million French Plan to Boost Chemical Recycling of Plastics The European Commission has recently given the green light to a French proposal, allocating up to €500 million (approximately RMB 3.8 billion), to support chemical recycling of plastic waste. This initiative aims to promote the chemical recycling of specific…
Sustainable Straws by CJ Biomaterials Hit TOUS les JOURS U.S. Locations
February 13, 2025 – TOUS les JOURS Embraces Sustainable Innovation with Plant-Based Straws Across U.S. Stores Renowned South Korean bakery chain TOUS les JOURS (also known as “TLJ”), a subsidiary of CJ Group, the largest food company in South Korea, has announced the nationwide rollout of innovative plant-based plastic straws at all its U.S. locations…
CPP Films: Leading the Way in Food Packaging and Beyond
February 13, 2025 – CPP Films: A Rising Star in the Packaging Industry with Versatile Applications Cast polypropylene (CPP) films, renowned for their exceptional clarity and uniform thickness, have emerged as a prominent player in the packaging sector. Produced through the cast extrusion process, these polypropylene films exhibit balanced properties in both machine and cross…
DuPont Sees Solid Q4 and Full-Year 2024, Outlook for 2025 Remains Positive
February 13, 2025 – DuPont Reports Solid 2024 Performance with Notable Growth in Electronics & Industrials Segment DuPont has released its fourth-quarter and full-year 2024 financial results, revealing a robust overall performance with standout contributions from multiple business segments. For the full year, the company achieved net sales of $12.4 billion, marking a 3% increase…
AkzoNobel Plans India Exit, Triggers High-Stakes Bidding War
February 12, 2025 – AkzoNobel, a multinational coatings giant with a seven-decade-long presence in India, is reportedly planning a complete exit from the Indian market and is looking to divest its Indian subsidiary. The company has recently concluded the bidding process for the sale of its stake in the Indian arm. In a fiercely contested…
Plastic Industry on Edge After Trump’s Tariff and Policy Announcements
February 12, 2025 – The plastic industry is buzzing with anticipation following two recent moves by former U.S. President Trump, which are poised to have far-reaching implications for the sector. In a bold decision, Trump announced the imposition of steep tariffs on all steel and aluminum imports into the United States. This unwavering stance, with…
Synthetic Resins: Pillars of Modern Industry and Economy
February 12, 2025 – Synthetic resins, as artificially synthesized polymer compounds, have emerged as indispensable materials in modern industry and daily life. Renowned for their high production and consumption volumes among synthetic materials, synthetic resins serve as the crucial foundation for manufacturing synthetic fibers, coatings, adhesives, insulating materials, and particularly, plastics. Today, the synthetic resin…
Tariff Policies Prompt Coca-Cola to Consider Packaging Changes
February 12, 2025 – During an earnings call on February 11th, James Quincey, CEO of The Coca-Cola Company, revealed that the company might adjust its packaging strategy, reducing the use of aluminum cans and shifting towards plastic bottles, if the latest round of tariff policies proposed by U.S. President Donald Trump are implemented. Just a…
Behind Your Daily Coffee: A Massive Oil Footprint
February 12, 2025 – Russian ecologist Varvara Mikheyeva has recently revealed startling data: a daily 400-milliliter takeaway coffee comes with a hidden oil consumption of approximately 1.6 kilograms per month. This conclusion is based on her detailed calculations of the oil consumed in the production process of plastic cups. Mikheyeva highlights that the average weight…