8AMB Spa and Indorama Ventures are collaborating to use recycled PET food trays to produce film suitable for food packaging trays, which is a new technology that is gaining traction

8Neste, Suntory, Eneos, and Mitsubishi Corporation are collaborating to produce PET resin made with renewable Neste RE on a commercial scale, which will be used by Suntory to make bottles for its products in 2024

8Lotte Chemical Corp. has sold its non-core asset, Lotte Sanjiang Chemical Co., to its Chinese partner Sanjiang Chemical Co., as the company is pivoting to high value-added industries

8DuPont is selling its Delrin resins unit to private equity firm TJC in a deal that values the business at US$1.8 billion, as the company focuses on its electronics and water solutions businesses

8Hengli Group and Sinochem Group are winding up their Singapore-based joint venture, Hengli Oilchem, due to business and strategic considerations, but the move does not mean that Hengli Group is in financial difficulties

8Ravago Group acquired a majority stake in US resin distributor M. Holland Co. to accelerate its growth strategy and provide the company with greater scale and resources

8Nexam Chemical's new Reactive Recycling technology can enhance the process qualities of recycled polyethylene (PE), the world's most prevalent plastic, while reducing the usage of virgin plastic in the production of new goods

8In order to recycle waste streams that cannot be processed mechanically and yet generate high-quality recovered goods, Covestro is developing a new chemical recycling process for polycarbonate

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