The European plastics industry faces challenges from strict regulations, rising recycling demands, and record-high energy costs. Production is shifting outside the EU, risking dependence on imports and weakened competitiveness.
Haitian International reported first-half 2025 revenue of RMB 9.02 billion, up 12.5% year on year, with sales volume rising 8.8% to 29,438 injection molding machines. Overseas revenue increased 34.7% to RMB 3.82 billion.
At the start of August 2025, as expected, producers rolled over last month’s prices, but by the middle of the first week they began offering small discounts.
Specialty chemicals company Lanxess signed a contract to sell its Urethane Systems business to Japanese UBE Corporation.
Interview with Grzegorz Wróbel, Bole Sales Manager Poland.
As previously reported by Chem-Courier, demand for food film and plastic bottles may increase in the near future due to European events such as the Olympics and the Football Championship, which will take place this summer.
PE, PP demand continues to remain low in Poland. Market players note that off-grade material has been more popular this month.
Sluggish demand continues to negatively affect market conditions. Low demand in Europe is likely to prompt further price declines next month.
KraussMaffei is selling its Swiss subsidiary Netstal Maschinen AG to Krones AG, a a long-standing Netstal customer that manufactures machines for filling and packaging beverages and liquid foods.
After two years venturing the North American market where Syncro Group USA is currently consolidating its new headquarters, Paolo Gasparotto, come back home in a new vest: Group Sales Director.
The majority of players expect recycled polyethylene's (R-PE) tough trading conditions to continue into 2024 due to ongoing bearish macroeconomic conditions, although many expect this to improve compared with 2023.
The polyolefin market has started reviving in H1 January. Market players say that in addition to completing December deliveries, they already have new orders for PP and PE, with the former bought more frequently than the latter.
