Tag: Plastic products
Covestro significantly downgrades profit expectations
Covestro headquarters The Dax group has to lower the profit forecast. (Photo: imago images/imagebroker) Leverkusen Increasing costs and the ongoing corona lockdown in China are thwarting the plastics manufacturer Covestro…
Covestro: Plastics manufacturer benefits from material bottlenecks
Balance sheet check Covestro The Leverkusen plastics manufacturer is benefiting from the supply bottlenecks in the industry. Dusseldorf In the chemical industry, Covestro is considered one of the most powerful…
Consumer goods companies are at risk of missing their plastic targets
Dusseldorf The goals are ambitious: consumer goods giants such as Henkel, Beiersdorf and Unilever are planning to drastically reduce the amount of new plastic in their packaging for deodorants, creams…
Lanxess share: Lanxess investors receive higher dividends
Lanxess logo Despite rising costs, the group is confident about the current year. (Photo: dpa) Frankfurt The specialty chemicals group Lanxess ended the past year with a significant increase in…
More dividends, share buybacks – the price soars by five percent
Covestro headquarters in Leverkusen The dividend is to be raised to the record level of EUR 3.40 per share. (Photo: dpa) Dusseldorf Despite the growing geopolitical risks, the plastics manufacturer…
Japan is fighting plastic waste with innovations
Asia Technonomics In the weekly column we take turns writing about innovation and economic trends in Asia. (Photo: Klawe Rzeczy) Tokyo When Japan develops robots to solve a problem, the…
Lanxess and Advent want to buy DSM Engineering Plastics
Frankfurt, Dusseldorf The specialty chemicals group Lanxess is working together with the financial investor Advent on a bid for the plastics business of the Dutch competitor DSM. The Handelsblatt learned…
Lanxess and Advent want to buy DSM Engineering Plastics
Frankfurt, Dusseldorf The specialty chemicals group Lanxess is working together with the financial investor Advent on a bid for the plastics business of the Dutch competitor DSM. The Handelsblatt learned…
Henkel, Beiersdorf, L’Oréal and Co. have a plastic problem
Packaging from Henkel The Düsseldorf-based consumer goods manufacturer is also looking for ways to avoid and reduce plastic. When it comes to climate issues, we already know: it takes revenge…
A lack of plastic will act as a brake on the switch to the circular economy
PET recycling plant in Rostock (Photo: picture alliance / dpa) Dusseldorf The consumer goods companies have set themselves high goals for the new year: They want to drastically increase the…
You should watch out for these chemical companies in 2022
Chemical industry outlook The German chemical industry expects a further five percent growth for 2022. (Photo: PR (2), Imago (2), dpa, Getty) Dusseldorf Christian Kullmann calls chemistry the “god on…
You should watch out for these chemical companies in 2022
Chemical industry outlook The German chemical industry expects a further five percent growth for 2022. (Photo: PR (2), Imago (2), dpa, Getty) Dusseldorf Christian Kullmann calls chemistry the “god on…
Why it is so difficult to get plastic out of packaging
Dusseldorf At first glance, the cardboard displays on which Procter & Gamble will be presenting Gillette razors at Lidl and Kaufland from this week look inconspicuous. But a year of…
The Höchst Chemical Park is put up for sale
Höchst industrial park View from a bio-high reactor of the operator Infraserv on the industrial park area. (Photo: picture-alliance / dpa) Düsseldorf, Frankfurt In the German chemical industry, the sale…
Amazon wants to do without plastic packaging when shipping
Amazon in the Indian city of Bangalore In recent years, environmental organizations have accused Amazon of producing too much plastic waste with its packaging. (Photo: Reuters) Munich The online retailer…
Plastics manufacturer is optimistic for 2022
Markus Steilemann “Because the customers practically ripped the products out of our hands, we had to go to our safety stocks.” (Photo: Covestro) Dusseldorf The plastics manufacturer Covestro is not…
Lanxess, Evonik, BASF: Further price increases in the chemical industry
Dusseldorf The German chemical industry continues to run smoothly. After BASF, the specialty chemicals companies Lanxess and Evonik also announced strong results for the third quarter on Thursday. However, the…
Why Lidl and Aldi collect their packaging waste themselves
Plastic waste at Prezero The subsidiary of the Schwarz Group collects 10 million tons of recyclable materials this year. (Photo: PreZero) Dusseldorf Anyone who thinks that Lidl’s mother Schwarz Group…
Why recycling will be the next revolution in industry
Dusseldorf The car is sparkling and sleek, like many other car models. But in the small electric car that BMW presented at this year’s IAA motor show, the concentrated future…
Why recycling will be the next revolution in industry
Dusseldorf The car is sparkling and sleek, like many other car models. But in the small electric car that BMW presented at this year’s IAA motor show, the concentrated future…