Sikora has once again made the prestigious German global market leader – future champion list. 

OMV, an integrated, international oil and gas company headquartered in Vienna, Austria, and its joint venture partner Mubadala have agreed on the contract terms for the potential acquisition of an additional 39% share in Borealis by OMV, the company announced today.

Italian bioplastics company Bio-on Plants srl has appointed Riccardo Casoni as its general manager to replace Vittorio Folla.

Beleaguered Italian bioplastics company Bio-On spa has announced that it is suspending any type of payment, including to employees, suppliers and credit institutions, due to an ongoing judicial investigation.

Italy-based Bio-on’s revenues took a nosedive in the first half of the year, reaching €917,000, compared to €6,123m a year earlier. 

Coca-Cola Co. and PepsiCo Inc. are leaving the Plastics Industry Association, following pressure from environmental groups seeking to end plastics industry lobbying campaigns for state laws that limit local bans on plastic packaging.

The European Patent Office (EPO) has nominated two top managers of the Austrian recycling machinery group Erema for the European Inventor Award 2019. 
 

PepsiCo has launched a reusable packaging pilot for two of its key products, Tropicana Orange Juice and Quaker Cruesli Chocolat Noir, in Paris.
 

BASF has signed a long-term exclusive contract to market French startup Lactips’ bioplastics products.

VW estimates that the EV's manufacturing will result in one and a half times as much CO2 emissions as the production of a comparable Golf diesel, half of which will stem from its suppliers.