Legislation from two Democrats in Congress would require filters on washing machines, and direct a study on the health and environmental impacts of microplastics and microfibers shedding from clothing.
Dow Inc. posted a second-quarter loss of $801 million, cut its dividend by 50 percent and reported sharp declines in resin and chemical sales amid weak global demand and trade uncertainty.
Polystyrene prices have again fallen sharply during the first two weeks in July after a reduction of €72/tonne in the styrene monomer reference price.
UFP Technologies has acquired UNIPEC and Techno Plastics Industries to strengthen its expertise in thermoplastic molding and high-performance film components for implantable medical devices.
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.