The essential briefing on materials, markets, regulation, packaging, recycling, and the people moving the plastics industry forward.
The LDPE recycler said the recent rush to alternative packaging formats often ignores the lightweight, durable and hygienic properties of plastic in favour of packaging mediums that are perceived to be more sustainable, but which may in fact have a greater environmental impact. “As consumers, we have all seen the recent shift from plastic to […]
Big oil and plastic producers have lied for over 30 years that plastic recycling is feasible, says a damning report from the Center for Climate Integrity (CCI). In the report titled ‘The Fraud of Plastic Recycling: How Big Oil and the plastics industry deceived the public for decades and caused the plastic waste crisis,’ the […]
The plastics industry encountered significant challenges in 2023. Amid geopolitical and macroeconomic uncertainties, the industry witnessed a downturn in merger and acquisition (M&A) activity, with only 344 transactions, marking an 18% decrease from 2022. This dip was below recent historical averages, reflecting a cautious approach by investors and companies alike in the face of rising […]
The plastics industry has experienced its share of challenges and opportunities in the ever-changing economic landscape. In this article, we delve into the prominent trends shaping the plastics industry in 2023. M&A activity on the rebound The first half of 2023 witnessed a notable 20% decrease in plastics industry M&A transactions compared with the same […]
The concept of a circular economy, where materials are recycled and reused, is becoming increasingly important in consumer packaging, driven by regulatory requirements and customer interest. Modern technical advancements make it easier to think of today’s goods and products as the resources of tomorrow. One such product is plastic. Material Differences Polyethylene (PE) is the […]
Leeds-based UK flexible packaging giant Roberts Mart is continuing its expansion as it competes as an independent family business. The £45m turnover company employs 230 staff, and constant investment is part of the growth strategy, with over 95% of the business serving the UK. Roberts Mart has historically served the home textiles market– particularly duvet […]
The plastic industry is currently experiencing a decline in revenue, but there are notable differences in business performance among enterprises. BMP, NTP, AAA: Profit growth Bình Minh Plastic Joint Stock Company (BMP) reported third quarter 2023 revenue of VNĐ926 billion, down 38 per cent. However, profit after tax exceeded VNĐ208 billion, an increase of more […]
OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying the oil and gas industry, in the latest clash between the groups over climate policy. Al Ghais was referring to a note published by the West’s energy watchdog on Thursday that said the fossil fuel industry was facing a “moment of truth” where producers had […]