Polisan Hellas widens product portfolio with Polipet Eco Series containing up to 33% rPET

PET grade and preform manufacturer Poliform Hellas added a new PET grade in their product portfolio. Polipet ECO 76WF has been specially designed for bottling mineral water while Polipet ECO 84F is suitable for carbonated soft drinks. Polipet Eco series of products are aligned with EU SUP 2019/904 Directive to deliver

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New Sukano Impact Modifier Masterbatch

Sukano is launching a newly formulated transparent Impact Modifier for cold, flash frozen and room temperature applications under the umbrella of the Sukano RPET Product Portfolio. The new Sukano Impact Modifier Masterbatch can replace specialised co-polyester resins with recycled or virgin PET resin that is modified with a new masterbatch, allowing

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bp to sell petrochemicals business to Ineos

bp announced that it has agreed to sell its global petrochemicals business to Ineos for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for agreed divestments a year earlier than originally scheduled. Under the

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Clariant completes the sale of its masterbatches business to PolyOne for approx. USD 1.6 billion

Clariant, a focused, sustainable and innovative specialty chemical company, completed the sale of its entire masterbatches business to PolyOne. The enterprise value of the sale, which consists of separate transactions for Clariant’s global masterbatches business and its masterbatches business in India, amounts to approximately USD 1,560 million which is equivalent to

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Russian PET market

The 15-20% increase in demand for plastic packaging in March and April has revived the PET market, and in May Russian feedstock producers raised the prices. Since then, many converting companies switched to more affordable supplies from China; the local PET market became loose. The bottle-grade PET accounts for about 94%

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Clariant targets Asia with satin effect for high-end personal care packaging

Clariant colour specialists have combined three colours from the ColorForward 2021 trend palette with a satin brushed-glass special effect in order to appeal to consumers in the booming Asian personal care market. The resulting look helps PET packaging give the impression of luxury and prestige otherwise associated with the brushed glass

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Global functional additive sales for plastic packaging expected to increase to $2.3 billion

Multinational provider of testing, consulting, information, and compliance services Smithers forecasts global functional additive sales for plastic packaging and global barrier coatings to increase. Global functional additive sales for plastic packaging are forecast to grow during 2020–25 at an annual average rate of 5.3% to approximately $2.3 billion from $1.7 billion

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