- In June 2023, Borealis AG acquired Rialti S.p.A., a leading polypropylene (PP) compounding company specializing in recyclates in Italy’s Varese region. This acquisition strengthens Borealis' expertise and production capacity in PP compounding, particularly in increasing the volume of mechanically recycled PP compounds to enhance its specialized and circular portfolios
- In May 2023, Lear announced plans to establish a connection systems facility in Morocco, aimed at manufacturing components for automakers, suppliers, and its E-systems and seating units to expand its automotive technology capabilities
- In November 2022, Covestro AG collaborated with HASCO Vision to recycle post-industrial plastics. Through this partnership, Covestro collects used plastics from HASCO's production facilities, converts them into high-quality post-industrial recycled polycarbonates and polycarbonate blends, and supplies them back for manufacturing new automotive components
- In June 2021, Lyondellbasell entered a long-term agreement with Neste to source Neste RE, a feedstock made entirely from renewable sources such as residue oils, fats, and waste. This material is processed at Lyondellbasell's Wesseling, Germany, plant into polymers sold under the CirculenRenew brand
- In May 2021, Lyondellbasell commenced production of virgin-quality polymers using raw materials derived from plastic waste at its Wesseling, Germany, facility. These raw materials are converted into propylene and ethylene, which are further processed into polypropylene (PP) and polyethylene (PE) for plastics manufacturing
- In May 2021, ARKEMA completed the acquisition of Agiplast, a company specializing in the regeneration of high-performance polymers. This acquisition enables ARKEMA to become a fully integrated high-performance polymer manufacturer, focusing on both recycled and bio-based materials to drive sustainability and circular economy initiatives
