Europe's plastics recycling industry is experiencing its steepest contraction, with turnover down 5.5% and closures rising, risking progress toward circular economy goals, according to the latest industry figures.
Krones reported higher profitability in the third quarter of 2025, with order intake and revenue on track. The company maintained a sizeable backlog and confirmed full-year targets despite global uncertainties.
MOL Group reported USD 503 million profit before tax for Q3 2025, flat year on year, as refining and fuel retail supported EBITDA. In light of new challenges, the company reviewed its 2025 EBITDA guidance, while petrochemicals stayed below breakeven.
The Wittmann Group has established Wittmann Maroc Sarl in Casablanca to serve growing demand for injection molding technology in North Africa. Operations began on September 1, 2025, with Redouane Soukrat appointed as general manager.
K.D. Feddersen Distribution has established K.D. Feddersen Unipessoal, Lda in Porto to expand its presence in Southern Europe. The subsidiary will provide local access to the company’s engineering plastics portfolio and market-specific support.
In the final weeks of October, several incidents at Central European petrochemical producers could tighten polyethylene supply in the region.
The Alpla Group has acquired the closure production facility of Serbia's Energoplast in Belgrade, adding compression and injection moulding capacity. The move expands Alpla's system-provider offering and regional footprint in South-East Europe.
At K 2025, Taiwan showcased its strength in a distinctive way. Over 130 Taiwanese companies presented solutions in machinery, recycling, materials and automation, making Taiwan one of the most strongly represented non-European countries at the fair.
Interview with Antonello Ciotti, president of Petcore Europe, representing the PET value chain.
By the end of the current month, polypropylene prices are expected to remain stable with a marginal decline. Although increased activity is observed among converters, particularly in PP homopolymer, this is not a broad-based trend.
OQ's Ladayn program in Oman has signed 26 investment agreements exceeding USD 220 million in two years, with nine companies scheduled to start production in 2025. The integrated polymer-to-product ecosystem targets high-value applications relevant to European converters.
Sidel has opened an office in Lagos that will serve as a regional hub for project management, engineering and service for customers in West Africa. The aim is to support the development of sustainable packaging and strengthen the company’s presence in the region.
