Keyword: PET


Saipem and Garbo in Chemical Recycling Collaboration

21.03.2023 -

Italian companies Saipem and Garbo have agreed to collaborate to commercialize the latter’s proprietary depolymerization technology, called ChemPET. The process converts...


Ascend Acquires California Plastics Recycler

09.11.2022 -

US nylon giant Ascend Performance Materials has acquired an undisclosed majority stake in compatriot Circular Polymers, a recycler of post-consumer high-performance...


BP and China PET Producer Explore Opportunities

24.04.2020 - BP has signed a strategic cooperation agreement with China Resources Chemical Innovative Materials Holdings (CRC), a leading PET producer and one of the UK energy and petrochemical...


FTC Clears Purchase of M&G’s Texas PET Plant

08.01.2019 - Thai polyester giant Indorama Ventures (IVL) and its two partners in the joint acquisition vehicle CC Polymers have received all regulatory clearance from the US Federal Trade...


Plastic-eating Enzyme May Solve Waste Problem

20.04.2018 - An incidental find by a joint UK and US research team could have the potential to revolutionize plastics recycling and possibly ease the increasing burden of waste in the...


Creditors to Buy M&G’s Texas PET Plant

29.03.2018 - Creditors of insolvent Italian plastics producer M&G Group (formerly Mossi & Ghisolfi) have teamed up to buy the mammoth PTA and PET plant the company’s subsidiary M&G Polymers USA...


Indorama to Acquire M&G Polimeros Brazil

20.03.2018 - Leading PET producer Indorama Ventures has agreed to buy M&G Polimeros Brazil for an undisclosed sum. The Brazilian company’s parent, Italy’s Mossi Ghisolfi Group, filed for...


Indorama Takes Portugal’s Artlant PTA, PET,

10.11.2017 - Thailand’s Indorama Ventures, the world’s largest PET producer, has agreed to buy the assets of Artlant PTA in Portugal for an undisclosed sum. The PTA plant in the Sines...