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In the Spotlight
PEPSICO
Soft-drink giant abandons reuse target / Company cites external factors, systemic barriers
— By Marilyn Gerlach — PepsiCo has scrapped its ambition to deliver 20% of its beverages in reusable containers by 2030 and has softened its goals for reducing the use of virgin plastics packaging. Greenpeace USA and shareholder activist non-profit As You Sow criticised PepsiCo for abandoning its reuse ambition and reversing some of its sustainability targets. These commitments were first unveiled in... (28.05.2025)
SUSTAINABLE PACKAGING
Recycled materials, fibre-based formats lead packing design trends / Plastics top of global market – Smithers report
— By Marilyn Gerlach — Demand for fossil-based plastics is expected to remain strong in the global packaging market over the next ten years, even as sustainability becomes a dominant trend in an industry projected to reach nearly USD 1.8 tn by then, according to a new report by US consultancy Smithers. In... (06:00)
EUROPEAN CAR MARKET
April registrations send mixed messages / EVs retain lead in market share / BYD outpaces Telsa – report
– by Eric Culp –New car sales in the EU improved last month but were lower in the January-April period, according to the European automobile manufacturers’ association ACEA. Registrations in April in the trading bloc improved 1.3% on the year to around 925,000, “showing signs of recovery despite the... (06:00)
SPAIN
Authorities arrest five, question 15 in alleged criminal plastics waste import-export network
Spain’s Civil Guard has arrested five people and is investigating 15 others suspected of being involved in a network which allegedly imported, stored, and then exported thousands of tonnes of plastics waste illegally. According to Spain’s Ministry of Interior, over 41,000 t of plastics waste was illegally... (27.05.2025)
AMAZON
Online retailer's investors deflect environmental proposals yet again / Anti-ESG trend continues in US
— By Dede Williams — For the second consecutive year, major shareholders at online retail giant Amazon – including board members such as chairman and founder Jeff Bezos and CEO Andy Jassy – rejected all proposals made at the company’s annual general meeting by alternative shareholders. The margin of... (27.05.2025)
BRASKEM
Brazilian billionaire eyes polyolefin group / Controlling owner receives non-binding proposal
— By PIE staff — Brazil-based polyolefin major Braskem said one of its owners has received a non-binding purchase proposal for its shares in the group. The offer was made by an investment vehicle belonging to Brazilian billionaire Nelson Sequeiros Tanure, who is seeking to acquire the shares currently... (26.05.2025)
TRADE WAR
Trump defers EU tariffs till 9 July / The euro rallies in response
— By Somya Abrol — With the 1 June deadline for 50% tariffs on European imports approaching, US President Donald Trump has decided to delay the levy till 9 July. “I agreed to the extension – July 9, 2025 – It was my privilege to do so. The Commission President said that talks will begin rapidly,” said... (26.05.2025)
Plastic Fantastic
What's in a name?
— By PIE correspondent — We’re betting when PIE readers lay eyes on the acronym EuRIC, they’ll immediately think of the organisation that represents the interests of Europe’s recycling ... (23.05.2025)
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Latest News
EDITORIAL
The writing is on the wall
06:00
NOVA CHEMICALS
Polyolefin producer launches PE film recycling in the US
06:00
TOYODA GOSEI
Auto supplier announces production of interior components from recycled plastics
06:00
JOKEY
Launch of PP sealed cup for Nesco
06:00
CIRPLEX
Sustainability, circularity in focus at first edition of trade event / Talks focus on core problems, solutions
27.05.2025
ALUFLEXPACK
Sale of Croatian site to Czech MTX Group
27.05.2025
AUTONEUM
Automotive supplier strengthens Asian activities with acquisition in China
27.05.2025
FAERCH
Danish recycler launches recycled PET lid for hot beverages
27.05.2025
SUSTAINABLE PACKAGING
Progress and challenges in US recycled content goals – report
26.05.2025
Social networks
Price Reports and Announcements
POLYMER PRICES
Butadiene June: Contract price continues to fall
22.05.2025
POLYMER PRICES
Polyurethane feedstocks May: Trade dispute pushes large quantities of inexpensive material to Europe / Prices continue to trend lower / Demand remains weak
20.05.2025
PIE SPOT PRICE MONITOR
Quotations decline significantly / Stabilisation in sight
20.05.2025
POLYMER PRICES
Paraxylene: Still no consensus / May contract also expected to be fixed late
19.05.2025
POLYMER PRICES
Engineering recyclate May: Prices still under pressure / Demand remains weak / No change expected in June
16.05.2025
POLYMER PRICES
Standard recyclate May: Heterogenous price development / Construction, logistics sectors pick up slightly / Off-spec material, imports generate pressure
15.05.2025
POLYMER PRICES
Standard thermoplastics trend May: Early price cuts for all types mostly equal to monomer level / Small reductions for the month's second half as demand remains weak
14.05.2025
POLYMER PRICE FORECASTS
Increased oil output pressures feedstock prices
14.05.2025
POLYMER PRICES
China engineering thermoplastics April: Prices for all grades trend lower / Tariff war impacts cost of crude oil / POM plummets amid high supply / Weak demand seen pressuring prices in May despite positive signals
12.05.2025
POLYMER PRICES
China standard thermoplastics April: Prices decline across the board, several substantially / Weak crude oil market continues / Projections difficult amid changing tariff policies, overall uncertainty
09.05.2025
Readers' Choice
SABIC
Saudi group reportedly questioning its European activities / Reasons: price pressure, overcapacity, expensive raw materials
15.05.2025
TRADE WAR
Trump defers EU tariffs till 9 July / The euro rallies in response
26.05.2025
LOGISTICS
Trade war truce between US and China pushes freight rates up
16.05.2025
PLASTICS AND FINANCE
BASF tops brand value list again; Sabic runner-up / Chinese brands grow by 18%
16.05.2025
SPAIN
Authorities arrest five, question 15 in alleged criminal plastics waste import-export network
27.05.2025
COCA-COLA
Drinks giant mulls shift from cans to plastic bottles to beat Trump's tariffs / Agreement with EC to amend recyclability claims on labels
20.05.2025
EUROPEAN CAR INDUSTRY
Reports of 10,000 job losses already this year – Clepa / More redundancies likely / Brussels softens CO2 guidelines
22.05.2025
POM
China imposes final anti-dumping duties on imports from US, EU, Taiwan, Japan / Levy on EU reduced to 34.5%
19.05.2025
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Date of print: 28/05/2025
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