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RIGK Partners with GCR to Launch European Industrial Packaging Recycling Pilot
Germany's packaging and plastic recycling service provider RIGK has recently partnered with GCR, a Spanish company specialized in modified and recycled materials, to launch a pilot project across Europe aimed at upgrading industrial packaging recycli
Plastmatch Global Digest -
European Chemical Industry Under Pressure, Versalis Reports Full-Year Loss of 819 Million Euros
Eni Group's chemicals division, Versalis, reported an adjusted operating loss of €204 million for the fourth quarter of 2025, compared to €231 million in the same period of 2024. The improved performance reflects the initial effects of the restructur
Plastmatch Global Digest -
German chancellor’s visit to china concludes, “new era of cooperation” begins for chinese and german automobile industries
From February 25 to 26, 2026, German Chancellor Friedrich Merz made his first official visit to China in his capacity as Chancellor. A business delegation accompanying him comprised approximately 30 German industrial giants, with particularly strong
Gasgoo -
MGS Acquires Danish Knudsen Plast A/S, Strengthening Medical Injection Molding and Cleanroom Production Capacity
Medical technology manufacturer MGS recently announced the acquisition of Denmark-based injection molding company Knudsen Plast A/S. The company, with over 40 years of industry experience, has long served medical device original equipment manufacture
Plastmatch Global Digest -
Beyond Product Export! Li Auto Sets Its Sights On Europe—How Systematic Deep Engagement Can Drive Upgrades In The Plastics And Chemical Supply Chain
On February 24, 2026, Li Auto officially joined the EU-China Chamber of Commerce as a member and became part of its Automotive Working Group. This news may seem like a routine business organizational update, but in the current context where China's n
Plastmatch -
Bosch to Shut Down Automotive Connector Plant Employing Around 560 Workers
Due to a significant decline in sales of mobile mobility products, the technology company Bosch is gradually exiting its automotive connectivity manufacturing business in Waiblingen, Germany. The company has reached an agreement with local worker rep
European M&A and Investment -
Germany: PPWR Transformed into Domestic Law, Corporate Compliance Countdown
Germany has transposed the Packaging and Packaging Waste Directive into national law, increasing recycling quotas for various materials and revising rules for licensing and financing. The new Packaging Act Implementation Act will replace the current
Recycled PET New Horizons -
Mercedes-Benz China Announces Key Leadership Change: Duan Jianjun Departs, Li Des Appointed President and CEO
On February 14, Mercedes-Benz (China) Investment Co., Ltd. announced a series of personnel changes in management positions within its joint ventures. Source: Pacific Auto The announcement states that Mr. Duan Jianjun, President and CEO of Beijing
Gasgoo -
EU PET Recycling Faces Existential Crisis, Standards to Reshape Industry Chain
Despite being the second most recycled polymer in the EU, polyethylene terephthalate (PET) is facing increasingly severe challenges. Driven primarily by low-cost imports, the industry is struggling with stagnant prices and mounting stockpiles for re
Plastmatch Global Digest -
DOW Delays German COC New Plant Construction Amid Weak European Demand Outlook
Special Plastics Vision learned on February 11 that Daicel Corporation, a Japanese company, has adjusted the business plan of its consolidated subsidiary, TOPAS Advanced Polymers GmbH, delaying the commissioning of its new cyclic olefin copolymer (CO
Plastmatch Global Digest -
Building an Asian Application R&D Center! Why Is DOMO Chemicals Firmly Betting on China's High-End Nylon Track?
Source: DOMO Chemicals On February 6th, DOMO Engineering Materials, a subsidiary of DOMO Group, announced the construction of a new Asian Application Development Center at its Haiyan production base in Jiaxing, Zhejiang. Preparatory work for the pro
Plastmatch -
Breaking: EU Imposes 79% Anti-Dumping Tariff on Several China Products
On February 6, 2026, local time, the European Commission published an official gazette stating that the EU will increase the anti-dumping duty rate on ceramic tableware and kitchenware (including plates, cups, bowls, and other kitchen utensi
Trade Night Sailing -
Pirelli's Equity Rift: Unmasking the Brutal Truth of Geopolitical Games in Smart Tires
Recently, the shareholder relationship of Italian tire giant Pirelli has once again become a focus of the industry - its core shareholder, Camfin, has officially announced that it will not renew the shareholder agreement with China's Sinochem, which
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Europe's Chemical Industry on Brink of Collapse: 20,000 Jobs Lost in 4 Years, 37 Million Tons of Production Capacity Shut Down
On January 28th, a report released by the European Chemical Industry Council (Cefic) showed that between 2022 and 2025, European chemical industry capacity closures surged sixfold, with a cumulative loss of 37 million tons of capacity over four years
China Chemical Industry News -
Solvay Inaugurates Europe's First Bio-Circular Silica Production Plant in Italy
Solvay, the Brussels-based group, has officially inaugurated a new bio-circular silica production unit at its Livorno plant in Italy. This milestone marks a significant step forward in the European industry's transition toward sustainable development
Plastmatch Global Digest -
European Chemical Industry Warns of Plant Closures and Plummeting Investment Threatening Sector
According to data from the European Chemical Industry Council (Cefic), on January 28, 2026, Europe... since 2022. The surge in plant closures, accounting for approximately 9% of Europe's total capacity, coupled with a sharp decline in new investment
puworld -
EU Carbon Tariff Takes Effect, Raising "Green Threshold" for Petrochemical Exports
On January 1, 2026, the European Union's Carbon Border Adjustment Mechanism (CBAM) officially came into effect, marking the transition of the world's first "carbon tariff" from policy text to practical implementation. Although its current scope is li
Plastmatch Insights Lab -
Volkswagen Group Invests €900 Million to Boost Auto Parts and Material Recycling
On January 27, according to Zhuan Su Shi Jie, the Volkswagen Group will invest approximately 90 million euros to transform its Zwickau plant into the group's core hub for circular economy business, with part of the funding provided by the Saxon state
Plastmatch Global Digest -
Trump Announces Framework Deal with NATO, Lifts Tariffs on Eight European Nations; Agreement Details Revealed
President Trump announced on his Truth Social platform on January 21, 2026: "Following a very productive meeting with NATO Secretary General Mark Rutte, we have formed a framework agreement on the future of Greenland and, in fact, the entire
Trade Night Sailing -
Vioneo Abandons €1.5 Billion Antwerp Project, First Commercial Green Polyolefin Plant Relocates to China
According to CPRJ on January 21st, Vioneo, a subsidiary of AP Møller Holding, has abandoned its €1.5 billion plan to build a green polyolefin project in Antwerp, Belgium, and instead plans to build its first commercial-scale plant in China. In a st
Plastmatch Global Digest
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