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Fitch affirms Braskem's ratings at BBB- with outlook stable; despite challenging sector environment in 2023, company's credit profile expected to improve over medium term as demand for plastics and chemicals recover, prices normalize

Oak Ridge National Laboratory researchers develop microbes that target mixed plastic waste such as milk jugs, disposable coffee cups and water bottles; plastics treated with a chemical process can be fed to genetically altered Pseudomonas putida bacteria

Greiner Packaging celebrates 40th anniversary of its K3 packaging, which consists of a plastic cup and paperboard wrap, and launches an anniversary campaign; company says reducing material usage has always been one of K3’s greatest benefits

Avient to showcase latest innovations in sustainable, specialized material solutions for plastics industry at PlastIndia 2023; featured products include lower-carbon alternatives to thermoplastic elastomers, bio-renewable feedstocks and PCR content

Evonik joins BMW's 'Future Sustainable Car Materials' project, contributing expertise in plastics specialty chemicals; initiative includes Thyssenkrupp, Fraunhofer Institute, Technical University of Munich, promoting circular automotive production

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