Reliance Industries Ltd. reported that EBITDA for its oil-to-chemicals (O2C) business rose 17% year-on-year to 170.1 billion Indian rupees (about $1.7 billion) in the first fiscal quarter ended June 30. The company said the growth was mainly driven b
The UK-India Free Trade Agreement (UK-India FTA) has now entered into force, but the UK’s countervailing duties on imports of polyethylene terephthalate (PET) products from India remain unchanged. On July 17, the UK government announced that t
PureCycle Technologies, a plastics recycling specialist based in Orlando, Florida, announced that it has formed a strategic partnership with RM TOHCELLO, one of the world’s largest producers of biaxially oriented polypropylene (BOPP) film, as well as
This technology can transform conventional PE and PP resins into materials that promote decomposition into carbon dioxide, water, and biomass rather than microplastics. The patent covers HDPE/LLDPE blend formulations for soft packaging and polypropy
This week, the operating rate of the recycled ABS industry was 38.9%, down 2.7 percentage points from the previous week, as shortages of feedstock from dismantled waste household appliances combined with concentrated maintenance weighed on overall ou
This week, the overall operating rate of recycled PVC was 33.6%, up slightly by 1.2 percentage points week-on-week. In the previous period, more than 60% of the small and medium-sized recycled PVC granulation plants in Hebei and Henan, North China, w