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Igus partners Mura Technology to set up chemical recycling plant

In Böhlen, Germany, up to 120,000 tonnes of plastic waste per year are to be recycled into oil.Read more

LANXESS continues to expect record earnings for 2017 following strong second quarter

Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 per cent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals improved by around 25 per cent to EUR 367 million, compared with EUR 293 million in the prior-year quarter. Read more

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