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Resins & Raw Materials

News and updates from the Resin and Raw materials market

Neste acquires rights to liquefaction technology in Europe

Neste has further committed itself to chemical recycling by acquiring the European rights to Alterra Energy’s thermochemical liquefaction technology. Based in the US, Alterra has...

Pyrolysis project selected for funding

The Plastics2Olefins project has been selected for the European Union’s Research and Innovation Framework Programme Horizon Europe, with a budget of €18 million ($18.7m)...

Ambitious targets in Borealis Strategy 2030

Borealis aims to reduce its Scope 1 and Scope 2 emissions from 5.1 million tonnes (base year 2019) to less than 2m/t by 2030,...

Alpek acquires Octal

Petrochemical company Alpek has completed its acquisition of Octal Holding, a PET sheet producer and thermoformer, for $620 million. Based in Mexico, Alpek produces PET...

Lab team lead Milliken remodel

Milliken & Company has made a significant investment in the coating additives laboratory it acquired in 2020 as part of its purchase of Borchers Americas...

LanzaTech and Danone perfect direct-to-MEG process

A consortium including LanzaTech and Danone has discovered a new route to monoethylene glycol (MEG), a key building block for PET resin, that it...

Plastics Europe names new president

Dow’s commercial vice-president for Europe, the Middle East and Africa (EMEA) has become the president of Plastics Europe, succeeding Dr Markus Steilemann, chief executive...

Milliken clear on growth plans

Targeting strong worldwide demand for clarified plastics products, Milliken & Company is to start production at a new clarifier plant in South Carolina, USA. The...

SABIC upcycles resin from ocean-bound PET

SABIC has developed a new version of its LNP Elcrin iQ resin, made with ocean-bound plastics waste via chemical recycling. The LNP Elcrin WF0061BiQ resin...

Borealis and Reclay combine circular strengths

Borealis and waste management firm Reclay Group have formed a joint entity called Recelerate, in order to combine their strengths across European markets and...

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