Year 2025
September 2025
14 Sep 2025
September 13, 2025 – Plastic Energy has announced the production of its first batch of TACOIL™ at its joint venture plant with SABIC in Geleen, the Netherlands. This marks a key milestone on the road to full commercial operations. TACOIL™ is made from hard-to-recycle post-consumer plastic waste that would otherwise be incinerated or sent to landfill. It serves as a replacement for conventional naphtha in ex....
14 Sep 2025
SHARJAH, UAE – September 10, 2025 – TotalEnergies Corbion announced a strategic distribution agreement with Multi Trade Group, appointing the company as its main distribution partner for Luminy® PLA in the United Arab Emirates, the Kingdom of Saudi Arabia, and the wider Middle East. Luminy® PLA (polylactic acid) combines the strength and durability required for reusable applications with sustainable end-of-l....
13 Jun 2025
12 June 2025 -SCG Packaging has acquired an additional 30% stake in Duy Tan Plastics, taking full ownership of the leading rigid plastic packaging manufacturer in Vietnam. The transaction was finalized in the first week of June through its subsidiary, SCGP Rigid Packaging Solutions (SCGPRPS), at a value of around VND2.8 trillion. In 2021, SCG spent around VND6.4 trillion acquiring a 70% stake in Duy Tan Plastics. Wic....
30 May 2025
24 May 2025 – SIG announced the commercial launch of SIG Terra Alu-free + Full barrier for multi-serve aseptic cartons. Building on the success of this groundbreaking packaging material innovation in the field of single-serve cartons – with over 300 million packs sold in China since 2023 – SIG is scaling up the world’s first, aluminum-layer-free full-barrier packaging material to multi-serve aseptic carto....
22 May 2025
20 May 2025 – Mitsui Chemicals Inc. and Hagihara Industries Inc. announced that they have carried out joint development for technology to homogenize the viscosity of recycled plastics, resulting in the successful demonstration of this technology. [Read full article at insights.plaspakasia.com/mitsui-chemicals-hagihara-indus]
21 Apr 2025
Hanoi, Vietnam – April 2025 -Vietnam-based Stavian Chemical, announced its acquisition of Core Polymer, a polymer distributor based in Türkey. This strategic acquisition is a significant milestone in Stavian Chemical’s expansion efforts, enhancing its global presence and strengthening its position in the plastics industry. Mr. Tony Dinh Duc Thang, Chairman and CEO of Stavian Chemical, said that Core Poly....