Officials with M. Holland said that the partnership with Febo extends their firm's commercial reach in Europe. It is M. Holland's second European distribution partnership and its first since 2020.
Lower natural gas prices are allowing production of some plastics and related feedstocks in the European market to return to normal, although production of some of those products is still being limited.
In April, recycled standard thermoplastic prices continued to drift lower, although at a slower rate than in the previous month.
Polyolefin and PVC prices have been under continued downward pressure over the last two months because of lower feedstock costs, ongoing demand weakness and a growing supply surplus.
Stellantis — the Netherlands-based company that also owns Chrysler, Jeep and Fiat brands — said the injection molding workshop at Rennes will make front and rear modules.
The 15,000-square-foot expansion includes a clean compounding facility dedicated to medical grade materials.
Epaflex, based in Cassolnovo, Italy, has opened a sales office in Rochester, Mich.
Ahead of the next round of plastics treaty talks in Paris in late May, there are signs that more plastics groups will be at the table.
The price of most recycled plastics classes have continued to fall over the last two months.