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Coming up this week: Questions about the current state of the economy? Join Economics Editor Bill Wood on Tuesday, July 22 at 2 p.m. EST for Numbers That Matter Live. Register now. From the cover: Global plastics treaty talks are set to start back up in August and packaging firms hope the treaty will fix economic challenges recycled materials face against low-cost virgin plastic. Also: Goodland, Ind.-based injection molder Adkev…

Plastics recycling and pipe groups are supporting bipartisan legislation in Congress that would provide a tax credit for buying recycling equipment.

PN Economics Editor Bill Wood discusses how the Trump administration’s tariff policies have contributed to a sharp decline in the value of the U.S. dollar. Wood emphasizes the growing pressure on Fed Chair Jerome Powell and outlines potential risks if political interference undermines market confidence.

Gerresheimer AG has ended takeover talks with private equity investors and will instead focus on its growth strategy, accelerating a strategic review of its molded glass business and targeting mid-term organic sales growth of 6 to 9 percent.

Some global plastic packaging firms want the plastics treaty to fix the economic challenges recycled resin faces with steps like EPR and recycled content targets.

A congressional hearing on chemical recycling showed few signs of legislative movement on that topic but indications that lawmakers are considering a wide range of other recycling bills.

If you know a North American plastics processor having a standout year, it’s time to nominate them for ‘ 2025 Processor of the Year award, the industry’s top honor since 1996.

Sumitomo Electric Wiring Systems has announced a $17 million expansion of its facility in Simpson County, Ky. The expansion will create 76 full-time jobs. With the additional space, Sumitomo will be able to increase product lines for electric wiring harness components for automobiles. The company will also add new injection molding machines and automated assembly equipment to produce electrical connectors. The expansion will include a clean, climate-controlled environment. “We have…

Mississippi Polymers Inc., a family-owned plastic film manufacturer in Corinth, Miss., has announced a temporary layoff of 102 employees. The layoffs went into effect on June 24 due to an unexpected drop in orders. Mississippi Polymers is No. 69 in Plastics News‘ ranking North American film and sheet manufacturers with an estimated $100 million in sales.