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Industry Insights

Argentina Researchers Develop Durable Eco-Friendly Bricks from PET Plastic Waste
A multidisciplinary team from the National University of the Northeast (UNNE) in Argentina has developed a prototype of resilient, ecological bricks made from recycled PET plastic, aiming to provide sustainable construction solutions for homes in the northeast of the country. This innovation is particularly significant given that only 30% of PET(Polyethylene Terephthalate) consumed in Argentina is currently recycled.
Cost Support and Demand Recovery May Lead to a Temporary Rebound in China’s PET Market
China's polyester industry chain has recently shown signs of a mild recovery. Firm crude oil prices and unexpected PTA plant shutdowns have strengthened cost support, lifting polyester product prices slightly. Within this context, the Polyethylene Terephthalate (PET) bottle chip market is also drawing attention.
Indonesia to Mandate Plastic Recycling for Producers by 2029
Indonesia's Ministry of Environment is set to make plastic recycling mandatory for producers by 2029, as part of a broader effort to tackle the country's escalating waste crisis.
ICCA Expands Plastic Additives Database to Advance Transparency and Strengthen Global Chemicals Management
The International Council of Chemical Associations (ICCA) has announced significant enhancements to its Plastic Additives Database, reinforcing the chemical industry's commitment to transparency and responsible management of chemicals in plastics.
Continuous Crude Oil Decline Pressures PET Market: Cost Challenges and Capacity Management in Focus
Global crude oil prices continued to weaken last week, with both Brent and WTI futures breaking below the lower bound of their July trading range. The decline was driven by weaker-than-expected U.S. nonfarm payroll data, downward revisions to previous months'figures, heightened concerns over economic slowdown, and reduced geopolitical support. As a result, upstream costs within the polyester industry chain have come under renewed pressure.
Global Recycled PET Market Set to Hit USD 26.78 Billion by 2034 as Sustainability Drives Demand
The global recycled polyethylene terephthalate (rPET) market is on track to grow from USD 12.76 billion in 2025 to approximately USD 26.78 billion by 2034, registering a compound annual growth rate (CAGR) of 8.53%, according to a new study by Towards Packaging, a sister firm of Precedence Research.
The Rise of Biobased Plastics PLA and Its Implications for the Traditional PET Industry
As global plastic pollution intensifies, the Fifth Session of the UN Intergovernmental Negotiating Committee (INC-5.2) in August 2025 marks a critical milestone in global plastic treaty negotiations. Delegates are working to establish comprehensive agreements on material selection, trade policies, and waste management.
US–EU Trade Deal Tariffs Threaten European Plastics Machinery Exports
The recent US–European Union trade agreement, which imposes a 15% tariff on most EU imports while removing tariffs on American goods entering Europe, is raising serious concerns among European plastics and rubber machinery manufacturers. Italy’s trade association Amaplast warns that this policy could significantly disrupt exports, particularly to the crucial US market.
Made-to-Order Packaging Innovation: How Do You View the Shift from PP to PET?
The made-to-order beverage industry is transforming not only what people drink but also how those drinks are presented. Rising demand for fresh, customizable, and attractive beverages has pushed packaging from a simple container to a key brand and sustainability asset. This shift drives a move from polypropylene (PP) to high-performance PET(Polyethylene Terephthalate) and recycled PET (rPET), reflecting brands’ focus on experience, environmental responsibility, and innovation.
China's PET Resin Output Cuts: One Month On, What It Means for Global Buyers
In early Q3 2025, China's major Polyethylene Terephthalate (PET) bottle-grade resin producers jointly implemented production cuts aimed at stabilizing prices and reducing market oversupply. After one month, the results of these efforts are starting to emerge.
India’s Circular Economy Drive Faces Setback as r-PET Industry Warns of Policy Risks
India has been striving to advance its circular economy agenda, particularly in the field of plastic recycling and sustainable resource utilization. A key element of this effort has been the Extended Producer Responsibility (EPR) framework, which requires plastic manufacturers to ensure proper collection, recycling, and reuse of plastic waste. However, the country’s progress is now facing headwinds due to proposed policy changes that could potentially dilute existing EPR obligations.
Breakthrough Engineered Enzyme Boosts Recycling of PET Bottles and Blended Fibers at Moderate Temperatures
Addressing one of the most pressing challenges of plastic waste recycling, researchers have successfully developed an advanced enzyme capable of breaking down both PET bottles and difficult-to-recycle blended fibers under moderate temperature conditions.
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