The transaction is expected to generate $150 million in annual synergies while advancing electrification in North America and AI-driven data center infrastructure development. This $3.8 billion acquisition combines Prysmian’s cable technology strengt
The "Tracking Plastics Act" will establish a federal working group responsible for developing standardized methods for verifying the recycled plastic content in consumer products. This bipartisan legislation aims to combat misleading environmen
HEXPOL recently announced the completion of its acquisition of 100% of the shares of Italy’s Vipa Group. Vipa Group is a leading European developer and manufacturer of high-quality thermoplastic compounds, with a focus on the high-growth wire and ca
The new compact baler network fills a critical gap in the flexible plastic recycling sector, making waste collection economically viable for small and medium-sized commercial waste generators nationwide. The Alliance to End Plastic Waste has partnere
LyondellBasell Industries reported its financial results on July 31, showing that its adjusted net profit for the second quarter reached $1.401 billion, up from $163 million in the first quarter; this significantly exceeded the consensus estimate of
The United States has imposed a new 50% tariff on plastic products from Canada, but relying on strong domestic production capacity and a trade surplus, the impact of this tariff may be relatively limited. The USMCA review presents an opportunity to d