INEOS launches €250m investment supported by the French Government to secure the future of French industry at Lavera

INEOS announced a €250m investment programme to regenerate and modernise its cracker at Lavera as part of a bold move to secure the future of one of France’s most important industrial sites and safeguard thousands of jobs. With backing from the French Government, and facilitated by BNP Paribas and ING, INEOS

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Wisecap and Corvaglia form strategic partnership for the production of beverage closures in Europe

Wisecap Group, a leading European producer of plastic caps and closures for the beverage industry, and Corvaglia Group, a globally recognized provider of innovative closure solutions for beverage packaging, have entered into a strategic industrial partnership. Under the agreement, Wisecap will integrate the caps manufacturing activities of Corvaglia Closures Eschlikon AG,

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2024 data reveals a deepening crisis of the European plastics recycling industry – PET amongst the most severely affected

The latest 2024 annual report published by Plastics Recyclers Europe reveals the largest capacity contraction ever recorded in the sector. Preliminary 2025 data indicate a 50% increase in recycling facility closures, resulting in the loss of nearly one million tonnes of European recycling capacity over just three years.  “Now is the

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Official opening of “Områ” transforms Norway’s plastic recycling capability

A new chapter for circular plastics in Europe begins with the official opening of Områ, Norway’s new national facility for sorting all types of plastic packaging waste – including plastic that previously had no other option than to go to incineration. Jointly owned by TOMRA (65%) and Plastretur (35%), the state-of-the-art

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