Top stories of 2023

News for the Global Community of Plastics Professionals on  December 28, 2023 View this Email in Your Browser Top Stories of 2023 in PlasticsToday Quick Links • Lego Breaks Ground on Billion-Dollar Factory in Virginia • Covestro Reconsiders, Begins Talks with ADNOC on $12 Billion Takeover • Shell Seeks to Exit Petrochemicals in Singapore • EPA Begins Review of Polyvinyl Chloride and Four Other Chemicals • 5 Plastics Sustainability Trends to Track in 2024 • Berry Global Announces Yet More Plant Closures • End Plastic Pollution or Plastic Production? That Is the Question at INC-3 • KraussMaffei to Lay Off Hundreds of Workers • Chemical Recycling Just Isn't Feasible • New Leadership at Arburg's US Subsidiary Lego Breaks Ground on Billion-Dollar Factory in Virginia The company's first manufacturing plant in the United States will be the size of 260 football fields and carbon neutral. Read More → Promoted Content from Wittmann Wittmann at Your Fingertips! We've made staying in touch with Wittmann USA easier than ever. With only a few taps: Live chat - including ability to send photos/video Connect direct to need department via Email or Call Quick link tutorials DOWNLOAD IT TODAY! Contact us at 860-496-9603, or by email info.us@wittmann-group.com for more information. www.wittmann-group.com Read More → Covestro Reconsiders, Begins Talks with ADNOC on $12 Billion Takeover The offer was initially rebuffed by Covestro, until two major investors urged the board to enter formal talks with the Abu Dhabi National Oil Co. (ADNOC). Read More → Promoted Content from Matsui The New Standard in Drying & Loading is here! Save even more energy.™ Matsui is introducing a New Chapter in energy efficient resin drying. The new MJ6-i features self-optimizing control algorithms, providing for unprecedented, industry leading energy efficiency and process consistency. With the new MJ6-i, Matsui built on its legendary desiccant rotor design to introduce the most advanced dryer-loader combo in the industry. Read More → Shell Seeks to Exit Petrochemicals in Singapore Production assets may be up for sale, repurposing, or closure as the oil major targets net zero by 2050. Read More → Promoted Content from Guill Guill designs and builds multi-layer and multi-lumen extrusion tooling and crossheads for a variety of tubing in the medical market. Catheters, infusers, drip tubes and other products. All engineered and built at our factory in Rhode Island, using the latest CAD/CAM technology. www.guill.com EPA Begins Review of Polyvinyl Chloride and Four Other Chemicals Move could be first step toward restriction or ban of polyvinyl chloride, a key ingredient in PVC, and other chemicals used to process and manufacture plastics. Read More → Promoted Content from Bergen International Chemical Foaming Agent Extrusion Tutorial Video Video tutorial on plastics Extrusion using Bergen International Foamazol™ chemical foaming agents includes information on how CFAs work & their benefits: reduction in part weights/density reduced resin usage increased line speed durometer of materials And processing considerations: temperature and pressure parameters CFA dosing considerations screw geometry material feeding/feeders downstream equipment Read More → 5 Plastics Sustainability Trends to Track in 2024 These five factors will influence plastic sustainability and the national packaging landscape in 2024. Read More → Berry Global Announces Yet More Plant Closures Five more plants will be shuttered in addition to the 15 that were announced in May, but mum's the word at Berry regarding their locations. Read More → End Plastic Pollution or Plastic Production? That Is the Question at INC-3 At the third session of the global plastic treaty talks, the answer depends on what part of the world you call home. Read More → KraussMaffei to Lay Off Hundreds of Workers None of the jobs involve manufacturing or assembly personnel, according to the maker of injection molding systems. Read More → Chemical Recycling Just Isn't Feasible From an energy perspective, breaking down plastics into their components to make the same plastics is fundamentally unsound. Read More → New Leadership at Arburg's US Subsidiary Martin Baumann, formerly of MAAG Group Americas, has been named CEO, succeeding Friedrich Kanz, who is retiring after 23 years with Arburg. Read More → Promoted Content from Promoted Content from PlasticsToday PlasticsToday Plastics by the Numbers Market reports covering trends and forecasts in automotive plastics, medical device packaging, recycled materials, consumer products, and much more are presented in an easy-to-read format. Check in often: New market reports are featured on a regular basis. Plastics by the Numbers → Keep up with PlasticsToday on LinkedIn The editors at PlasticsToday are a social bunch. Join the conversation and find out about career opportunities in the plastics industry by going to our LinkedIn page. LinkedIn → Upcoming Events Plastec West Feb. 6–8, 2024 Anaheim, CA Plastec South June 4–6, 2024 Charlotte, NC Plastec Minneapolis Oct. 16–17, 2024 Minneapolis Expoplast Nov. 13–14, 2024 Montréal To find out how to become an advertiser, view the Media guide

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