Latest news with #Polyethylene
Yahoo
4 days ago
- Business
- Yahoo
Recycled PET rPET Market 2025 on Track for USD 26.78 Billion by 2034 Amid Green Push
According to Towards Packaging consultants, the global recycled polyethylene terephthalate (rPET) market is projected to reach approximately USD 26.78 billion by 2034, increasing from USD 11.76 billion in 2024, at a CAGR of 8.53% during the forecast period 2025 to 2034. Ottawa, Aug. 07, 2025 (GLOBE NEWSWIRE) -- The global recycled polyethylene terephthalate (rPET) market size stood at USD 12.76 billion in 2025 and is projected to reach USD 26.78 billion by 2034, according to a study published by Towards Packaging, a sister firm of Precedence market is experiencing robust growth driven by increasing environmental awareness, government regulations promoting plastic recycling, and rising demand for sustainable packaging solutions. Industries such as food and beverage, personal care, and textiles are widely adopting recycled polyethylene terephthalate (rPET) due to its cost-effectiveness and reduced carbon footprint. Technological advancements in recycling methods, such as mechanical and chemical recycling, are enhancing the quality and application range of rPET products. Additionally, growing consumer preference for eco-friendly and recyclable products is encouraging manufacturers to shift toward rPET-based packaging. The market is also benefiting from corporate sustainability initiatives and collaborations focused on building circular economies. What is Recycled Polyethylene Terephthalate (rPET)? Recycled polyethylene terephthalate is a type of plastic material that is produced by recycling used PET (Polyethylene Terephthalate) products, such as water bottles, food containers, and other consumer packaging. PET is a lightweight, strong, and clear plastic commonly used in packaging because of its durability and safety. When these products are collected and processed through mechanical or chemical recycling methods they are transformed into rPET which can be reused in manufacturing new packaging materials. rPET significantly helps reduce plastic waste and reliance on virgin plastic, making it a more sustainable alternative. In packaging, rPET retains the same functional benefits as PET, such as strength, clarity, and resistance to moisture, while contributing to lower environmental impact. It supports circular economy practices, reduces carbon emissions, and meets the rising consumer and regulatory demand for eco-friendly packaging solutions. What Are the Latest Trends in the Recycled Polyethylene Terephthalate Market? Regulatory mandates tighten fast: Governments, including the EU and India, are enforcing stricter minimum recycled content and deposit schemes, forcing brands to adopt rPET or risk non‑compliance fines. Virgin PET undercuts rPET: With oil prices low and subsidies in place, cheapest virgin PET remains hard to beat, rPET loses price competitiveness unless scaled efficiently. Contamination chaos in feedstock: Poor segregation infrastructure and mixed waste streams result in quality issues that limit rPET's usage in food‑grade packaging. Discoloration dents consumer trust: Tinted, inconsistent, or murky rPET scares consumers even when functionally safe, undermining brand credibility. R&D dependency grows: Chemical and molecular recycling innovation is essential to address quality and feedstock limitations, but requires massive capital investment and time. Bottle‑to‑fabric competition intensifies: Demand from textile fiber makers (e.g., Repreve) is pushing rPET supply away from bottle‑to‑bottle recycling, driving up feedstock costs. Textile recycling threatens scale: The push toward textile‑to‑textile recycling may fragment rPET availability for packaging unless policy aligns feedstock flows. Enzymatic and advanced chemical recycling rise The commercialization of enzymatic PET recycling (e.g., Carbios in France) enables closed-loop recycling of colored or multilayer plastics, traditionally unrecyclable by mechanical methods. Micro‑recycling facilities Demand surges for decentralized micro-processing hubs and AI-powered optical sorting to improve feedstock purity, reduce contamination, and enable rural access. Color-specific rPET for brand differentiation Upgraded near-infrared sorting and specialized color additives now support neon and custom‑tinted rPET lines for aesthetic packaging and decorative applications. Supply diversification to non‑packaging and textile applications Expanded rPET usage in automotive interiors, electronics casings, home goods, and textile fibers (e.g., Repreve), creating both positive demand and potential supply competition. Infrastructure scale-up in emerging markets Governments and brands in Asia-Pacific, India, and Africa are investing heavily in collection systems, recycling networks, and regulatory mandates, for example, India's FSSAI and recycled content rules starting April 2025. Digital traceability and supply chain transparency Blockchain and QR-based tracking systems are becoming common to authenticate recycled content and combat contamination, empowering consumers and regulators. Corporate circularity and collaborations intensify. Major players like Indorama Ventures, Coca‑Cola, PepsiCo, and TotalEnergies are forming alliances, launching circular‑hub plants, and committing to high rPET content in is the Potential Growth Rate of the Recycled Polyethylene Terephthalate Market? Environmental awareness and consumer pressure Growing concerns about plastic pollution are pushing consumers and businesses toward sustainable packaging alternatives. This demand is fueling widespread adoption of rPET, especially in food, beverage, and personal care products. Government support and regulatory mandates Governments worldwide are enforcing policies like minimum recycled‑content mandates, deposit return schemes, extended producer responsibility (EPR), and procurement rules to boost rPET use in packaging. Corporate sustainability commitments Major brands such as Coca‑Cola, PepsiCo, Nestlé, Unilever, Evian, and others have pledged to incorporate significant recycled content in packaging, creating consistent, large-scale demand for rPET. Limitations and Challenges in the Recycled Polyethylene Terephthalate Market Limited Availability of High-Quality Feedstock and Quality and Performance Limitations The key players operating in the market are facing issues due to quality limitations and limited availability of high-quality feedstock. Contamination in post-consumer plastic waste (like food residues, mixed materials, and colors) makes it difficult to obtain clean PET for recycling, especially for food-grade applications. Virgin PET is often cheaper to produce, especially when oil prices are low, making rPET less economically attractive without subsidies or mandates, particularly in cost-sensitive markets. Recycled PET may show inferior mechanical properties, such as reduced strength and clarity, which limits its use in high-end or technical applications like pharmaceuticals or premium packaging. In many regions, particularly developing countries, recycling infrastructure is underdeveloped. Poor collection systems and limited technology reduce rPET availability and quality. More Insights of Towards Packaging: Multilayer PET Bottles Market - The multilayer PET bottles market is forecast to grow from USD 10.73 billion in 2025 to USD 18.02 billion by 2034, driven by a CAGR of 5.93% from 2025 to 2034. PET/EVOH/PE Packaging Materials Market - The global PET/EVOH/PE packaging materials market is expected to increase from USD 197.64 million in 2025 to USD 281.79 million by 2034. PET Packaging in Pharmaceutical Market - The PET packaging in the pharmaceutical market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2025 and 2034. Leak-Proof Flexible Packaging Market - The leak-proof flexible packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. North America Packaging Market - The North America packaging market is forecasted to expand from USD 333.86 billion in 2025 to USD 488.92 billion by 2034, growing at a CAGR of 4.33% from 2025 to 2034. Glass-to-Plastic Packaging Market - The glass-to-plastic packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Recycled Packaging for Apparel Market - The recycled packaging for the apparel market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Cellulose Film Packaging Market - The cellulose film packaging market is forecast to grow from USD 940.11 million in 2025 to USD 1532.98 million by 2034, driven by a CAGR of 5.63% from 2025 to 2034. Sustainable Minimalistic Tableware Packaging Market - The global sustainable minimalistic tableware packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Stretch Wrap Packaging Market - The global stretch wrap packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Regional Analysis: Who is the Leader in the Recycled Polyethylene Terephthalate Market? Asia Pacific dominates the recycled polyethylene terephthalate market due to several key factors. Rapid urbanization, rising population, and increasing consumption of packaged food and beverages have led to high PET usage and a growing demand for sustainable packaging. Countries like China, India, and Japan have established large-scale recycling infrastructures and are investing heavily in advanced recycling technologies. Government initiatives promoting plastic waste reduction and circular economy practices further support market growth. Additionally, the presence of major textile and packaging industries in the region boosts demand for rPET in various applications, including fabrics and containers. Cost-effective labor and manufacturing advantages also make Asia-Pacific a global hub for rPET production and export, contributing to its dominant market position. China Market Trends China is the largest consumer and producer of rPET in Asia-Pacific. The country has an extensive plastic collection and recycling network, supported by government initiatives aimed at reducing plastic waste. China's vast textile industry also drives demand for rPET fibers. Despite the "National Sword" policy banning foreign waste imports, domestic recycling has grown stronger and more regulated. India Market Trends India is rapidly emerging in the rPET market due to its growing packaged goods sector, supportive recycling regulations (e.g., Extended Producer Responsibility), and rising environmental awareness. The Food Safety and Standards Authority of India (FSSAI) now allows the use of rPET in food packaging, boosting local demand and domestic recycling efforts. Japan Market Trends Japan has one of the highest PET bottle recycling rates globally, exceeding 85%. The country excels in waste segregation and uses advanced recycling technologies. Strict environmental regulations and strong consumer participation support its rPET market. Japan also exports high-quality recycled resin, especially for textile and packaging use. South Korea Market Trends South Korea has a well-structured waste management system and is investing in high-tech recycling solutions. Its focus on smart cities and sustainable development encourages greater use of rPET, particularly in consumer goods packaging and electronics. Indonesia Market Trends Indonesia is expanding its rPET capacity with foreign investments and public-private partnerships. Initiatives such as the National Plastic Action Partnership aim to reduce ocean plastic and improve plastic circularity, helping Indonesia grow as a key rPET player in Southeast Asia. How is the Opportunistic Rise of North America in the Recycled Polyethylene Terephthalate Market? North America is the fastest-growing region in the recycled polyethylene terephthalate market due to strong regulatory support, rising consumer demand for sustainable products, and increasing investment in advanced recycling technologies. Governments and states are implementing strict policies on single-use plastics and promoting minimum recycled content in packaging. Major brands are committing to circular economy goals, driving up the demand for rPET in food, beverage, and personal care industries. Additionally, the region benefits from improved recycling infrastructure, public-private partnerships, and innovation in chemical recycling methods, which enhance the quality and versatility of rPET, accelerating market growth across various sectors. U.S. Market Trends The U.S. leads rPET market growth in North America, driven by aggressive sustainability goals from large corporations like Coca-Cola, PepsiCo, and Nestlé USA, which are pushing for higher recycled content in packaging. Multiple states, such as California and New York, have enacted laws requiring minimum percentages of rPET in beverage containers. Investments in advanced mechanical and chemical recycling facilities, along with support from the U.S. Environmental Protection Agency (EPA), are accelerating innovation. Consumer awareness and demand for eco-friendly products further boost rPET usage across industries. Canada Market Trends Canada is rapidly advancing in plastic waste reduction policies, especially through its Zero Plastic Waste initiative and national ban on certain single-use plastics. Provinces like British Columbia and Ontario have strong Extended Producer Responsibility (EPR) frameworks, encouraging companies to incorporate rPET in their products. Canadian retailers and brands are also shifting toward circular packaging, increasing domestic demand. The government's collaboration with recycling companies to enhance infrastructure and technology further strengthens Canada's rPET market growth. How Big is the Success of the European Recycled Polyethylene Terephthalate Market? Europe is experiencing notable growth in the recycled polyethylene terephthalate market due to stringent environmental regulations, strong political commitment to sustainability, and widespread consumer demand for eco-friendly packaging. The European Union's directives, such as the Single-Use Plastics Directive and the Packaging and Packaging Waste Regulation, mandate minimum recycled content in plastic bottles and promote a circular economy. Countries like Germany, France, and the Netherlands have highly efficient waste collection and sorting systems that ensure a steady supply of high-quality PET waste for recycling. Many European brands and retailers are committing to carbon-neutral goals and incorporating more rPET in their products. Investment in advanced recycling technologies and cross-border recycling collaborations further supports market growth across the region, making Europe a leader in sustainable plastic innovation. How Crucial is the Role of Latin America in the Recycled Polyethylene Terephthalate Market? Latin America is growing at a notable rate in the recycled polyethylene terephthalate market due to increasing awareness about plastic pollution, rising demand for sustainable packaging, and supportive government initiatives. Countries like Brazil, Mexico, and Chile are leading the way with strong bottle-to-bottle recycling programs and partnerships between private companies and local governments. The expansion of collection systems and investment in recycling infrastructure are improving the quality and availability of PET feedstock. Major global beverage and consumer goods companies operating in the region are committing to sustainability targets, driving demand for rPET. Growing participation from informal recycling sectors and public education campaigns is also helping improve recycling rates, making Latin America an emerging and important player in the global rPET market. How does the Middle East and Africa lead the Recycled Polyethylene Terephthalate Market? The Middle East and Africa (MEA) presents a rising opportunity for the recycled polyethylene terephthalate market, thanks to growing consumer demand for packaged goods, expanding recycling infrastructure, and supportive government initiatives. Rapid urbanization and rising disposable incomes, particularly in Saudi Arabia, UAE, and Egypt, are fueling demand for bottled beverages and on‑the‑go food products, driving rPET uptake in packaging. Governments in the Gulf, including the UAE's Circular Economy Policy and Abu Dhabi's 'Mission to Zero,' are incentivizing rPET adoption through regulations, certification schemes, and reverse vending systems. Major recycling collaborations, such as partnerships involving Veolia, Bee'ah, and Agthia, plus investment in new food‑grade rPET plants, are strengthening local capacity and supply stability. Meanwhile, Saudi Arabia is leading regional growth, backed by substantial funding and new recycling facilities targeting high post-consumer PET Outlook Source Insights The bottles and containers segment is the dominant part of the recycled polyethylene terephthalate market because of its high demand in the food, beverage, and personal care industries. rPET is widely used to make water bottles, soft drink containers, and packaging for shampoos and detergents due to its strength, clarity, and safety for food contact. With increasing environmental concerns, many brands are choosing rPET for packaging to reduce plastic waste and meet sustainability goals. The films and sheets segment is the fastest-growing part of the recycled polyethylene terephthalate market due to its increasing use in packaging, agriculture, construction, and electronics. rPET films and sheets are lightweight, strong, and recyclable, making them a popular choice for flexible packaging, protective coverings, and insulation materials. Many industries are switching to rPET-based films to reduce plastic waste and meet sustainability targets. In food packaging, rPET sheets help keep products fresh while being safe for contact with food. The demand is also growing in electronics and automotive applications where clear, durable, and cost-effective materials are needed. As more companies and governments support eco-friendly materials, rPET films and sheets are being used more widely, driving rapid growth in this segment. Grade Insights The Grade A segment is the dominant part of the recycled polyethylene terephthalate market because it offers the highest quality and purity. It is mostly used in food and beverage packaging since it meets safety standards for direct contact with food. Grade A rPET is clear, strong, and looks almost like new plastic, making it ideal for making bottles and containers. Many global brands prefer Grade A rPET to meet their sustainability goals while maintaining product quality and safety. The Grade B segment is the fastest-growing part of the recycled polyethylene terephthalate market because it is more affordable and suitable for non-food applications. It is commonly used in textiles, strapping, automotive parts, and construction materials where high purity is not required. As demand rises for cost-effective recycled materials in these industries, Grade B rPET becomes a popular choice. Its growing use in developing countries and for industrial purposes is helping this segment expand quickly in the global market. Form Insights The rPET flakes segment dominates the recycled polyethylene terephthalate market due to its versatility, cost-effectiveness, and widespread application across various industries. These flakes are easy to produce and are widely used in manufacturing packaging materials, textile fibers, and automotive components. Their compatibility with existing production systems makes them a preferred choice for manufacturers seeking sustainable alternatives. Additionally, growing environmental regulations and consumer demand for eco-friendly products have increased the adoption of rPET flakes. Their consistent quality, recyclability, and availability further contribute to their dominance, making them a critical component in the global shift toward circular economy practices. The rPET chips segment is the fastest growing in the recycled polyethylene terephthalate market due to its high purity, superior quality, and increasing demand in high-end applications such as food-grade packaging and beverage bottles. These chips undergo advanced recycling processes, making them suitable for direct contact with consumables, aligning with stringent safety and regulatory standards. The rising emphasis on sustainability by major consumer goods companies is also driving demand for rPET chips. Additionally, technological advancements in bottle-to-bottle recycling and strong support from government initiatives promoting circular economy practices further accelerate the growth of this segment in the global market. By Product The clear segment is the dominant segment in the recycled polyethylene terephthalate market because clear PET is easier to recycle and retains a higher value after processing. It allows for greater flexibility in reuse, especially in food-grade applications, as it can be more easily converted into new clear or colored products. Clear rPET is widely used in the production of beverage bottles, containers, and packaging films because it provides a clean, transparent appearance that appeals to consumers and maintains product visibility. Brands prefer clear rPET as it closely resembles virgin plastic in both look and quality. Additionally, the recycling process for clear PET requires fewer additives and less processing than colored PET, making it more efficient and cost-effective, further supporting its dominant market position. The colored segment is the fastest-growing part of the recycled polyethylene terephthalate market due to its increasing use in non-food applications such as textiles, automotive parts, and industrial packaging. Colored rPET is more affordable than clear rPET and is suitable for products where appearance is less important. As industries look for cost-effective and eco-friendly materials, colored rPET is becoming a popular choice. Its growing acceptance in various sectors is helping this segment expand quickly in the global market. End-Use Insights The fibers segment is the dominant end-use segment in the recycled polyethylene terephthalate market because a large portion of recycled PET is used to produce polyester fibers for textiles. These fibers are widely used in clothing, home furnishings, carpets, and automotive upholstery due to their durability and low cost. The fashion and textile industries prefer rPET fibers as a sustainable alternative to virgin polyester. Increasing demand for eco-friendly fabrics and growing awareness of circular fashion further support the dominance of this segment. The food and beverage containers and bottles segment is the fastest-growing end-use segment in the recycled polyethylene terephthalate market due to increasing demand for sustainable packaging solutions. rPET is widely used to produce bottles and containers for water, soft drinks, juices, and packaged foods because it is safe, lightweight, and recyclable. Leading brands are adopting rPET packaging to meet environmental goals and comply with regulations on recycled content. Growing consumer awareness and preference for eco-friendly products further fuel the rapid growth of this Breakthroughs in the Global Market: In July 2025, Mediacor signed a collaboration with Amcor plc, a packaging company, to introduce a Two-liter spouted stand-up bag for liquids that is suitable for recycling in Austria, Germany, and Italy. The recently introduced packaging solution comes from the Nana brand from which sells eco-friendly cleaning supplies. In June 2025, Uflex, a flexible packaging company, revealed the introduction of a single-pellet solution that complies with FSSAI regulations for using recycled PET in packaging for food. This creative product combines virgin and recycled PET into a single pellet, similar to simplifying the procedure for the use of recycled materials in their packaging in order to comply with the Extended Guidelines for Producer Responsibility. In March 2025, Borealis GmbH, a chemicals company, revealed the launch of the Borcycle M CWT120CL, linear low-density polyethylene (rLLDPE) that has been recycled 85% post-consumer recyclable, made for flexible packaging applications other than food. Access our exclusive, data-rich dashboard dedicated to the Recycled Polyethylene Terephthalate (rPET) Market – built specifically for decision-makers, strategists, and industry leaders. The dashboard features comprehensive statistical data, segment-wise market breakdowns, regional performance shares, detailed company profiles, annual updates, and much more. From market sizing to competitive intelligence, this powerful tool is your one-stop solution and strategic gateway to navigating the global rPET market with confidence. Access Now: Recycled Polyethylene Terephthalate Market Players Placon Clear Path Recycling LLC Verdeco Recycling, Inc. Indorama Ventures Public Ltd. Zhejiang Anshun Pettechs Fibre Co., Ltd. PolyQuest Evergreen Plastics, Inc. Phoenix Technologies Libolon Biffa Recycled Polyethylene Terephthalate Market Segments By Source Bottles and Containers Films and Sheets Others By Grade Grade A Grade B By Form rPET Flakes rPET Chips By Product Clear Colored By End-Use Fibers Films and Sheets Strapping Food and Beverage Containers and Bottles Non-Food Containers and Bottles Others By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Invest in Our Premium Strategic Solution: Become a Valued Research Partner with Us - Schedule a meeting: Request a Custom Case Study Built Around Your Goals: sales@ About Us Towards Packaging is a global consulting and market intelligence firm specializing in strategic research across key packaging segments including sustainable, flexible, smart, biodegradable, and recycled packaging. We empower businesses with actionable insights, trend analysis, and data-driven strategies. Our experienced consultants use advanced research methodologies to help companies of all sizes navigate market shifts, identify growth opportunities, and stay competitive in the global packaging industry. Stay Connected with Towards Packaging: Find us on Social Platforms: LinkedIn | Twitter | Instagram Subscribe to Our Newsletter: Towards Sustainable Packaging Read Our Printed Chronicle: Packaging Web Wire APAC: +91 9356 9282 04 | Europe: +44 778 256 0738 | North America: +1 8044 4193 44 Our Trusted Data Partners: Precedence Research | Statifacts |Towards Automotive | Towards Healthcare | Towards Food and beverages | Towards Chemical and Materials | Towards Consumer Goods | Towards Dental | Towards EV Solutions | Nova One Advisor | Healthcare Web Wire | Packaging Web Wire | Automotive Web WireSign in to access your portfolio
Time Business News
24-07-2025
- Lifestyle
- Time Business News
Stylish Comfort With HDPE Wicker Outdoor Furniture
When it comes to creating the perfect outdoor retreat, blending style and durability is key. One of the most popular trends in outdoor design today is hdpe wicker outdoor furniture. Whether you're outfitting a patio, deck, garden, or poolside area, HDPE wicker furniture offers the ideal combination of aesthetics, resilience, and long-term value. HDPE stands for High-Density Polyethylene, a strong and eco-friendly synthetic material used to create outdoor furniture that mimics the natural texture of traditional wicker. Unlike natural rattan or low-grade plastic, HDPE wicker is designed to endure harsh weather conditions without fading, cracking, or unraveling. It's UV-resistant, moisture-resistant, and made to last for years, making it perfect for any outdoor setting. One of the greatest advantages of hdpe wicker outdoor furniture is its versatility in design. HDPE wicker is woven into sleek, modern patterns or rustic, classic styles, fitting any design theme. Available in a variety of colors—from neutral tans and greys to deep espresso or crisp white—HDPE wicker furniture allows homeowners to customize their outdoor space to reflect their personality and taste. The texture of HDPE wicker adds a warm, natural touch that softens the overall look of a patio or garden. When paired with plush, weatherproof cushions, the result is not only stylish but incredibly inviting. Whether you prefer a bohemian vibe or a contemporary lounge setup, HDPE wicker furniture can help you achieve it with ease. Unlike traditional wicker or lower-quality plastics, HDPE wicker is crafted to withstand the elements. Rain, sun, wind, snow—none of these pose a threat to its integrity. It won't rot, rust, warp, or splinter, making it ideal for coastal areas with high humidity or regions with intense sun exposure. This durability also translates to low maintenance. You won't need to worry about refinishing or resealing your furniture every season. A simple rinse with water and mild soap is enough to keep HDPE wicker looking brand new. That's the true beauty of investing in hdpe wicker outdoor furniture it saves time and money in the long run. HDPE wicker furniture isn't just about good looks—it's also about comfort. Manufacturers design these pieces with ergonomics in mind, offering deep seating, supportive backrests, and thick cushions wrapped in fade-resistant fabrics. The result is outdoor furniture that rivals indoor living room sets in both appearance and coziness. Whether it's a full sectional sofa, a pair of armchairs, or a cozy loveseat, HDPE wicker sets invite you to relax and enjoy the fresh air. Add some accent pillows and a soft throw, and your patio becomes a year-round haven for unwinding. Eco-Friendly and Sustainable Another benefit of HDPE wicker is its environmentally friendly nature. HDPE is often made from recycled materials such as milk jugs and detergent bottles, making it a sustainable choice. Choosing hdpe wicker outdoor furniture means supporting green manufacturing processes that reduce waste and environmental impact. Plus, HDPE furniture is fully recyclable at the end of its life cycle, so it won't end up clogging landfills. This makes it a win-win for homeowners who want to enjoy beautiful furniture while minimizing their ecological footprint. Wide Variety of Furniture Options The market for HDPE wicker furniture is expansive. You can find a wide range of outdoor pieces to suit every need, including: Lounge sets : Deep-seating sectionals, chaise lounges, and accent chairs for relaxing afternoons or entertaining guests. : Deep-seating sectionals, chaise lounges, and accent chairs for relaxing afternoons or entertaining guests. Dining sets : Stylish dining tables with matching chairs for al fresco meals or outdoor brunches. : Stylish dining tables with matching chairs for al fresco meals or outdoor brunches. Bistro sets : Compact and perfect for balconies or smaller patios. : Compact and perfect for balconies or smaller patios. Coffee tables and ottomans: Functional accessories that complete the look and add convenience. No matter the size of your space or your lifestyle, there's an HDPE wicker option that will fit perfectly. Enhancing Outdoor Living with Accessories To fully embrace hdpe wicker outdoor furniture consider adding accessories that elevate your outdoor space. Weatherproof rugs, LED lanterns, potted plants, and throw blankets enhance the ambiance and functionality of your patio. A fire pit or patio heater can extend your outdoor season well into the colder months, making your HDPE wicker furniture even more valuable. Final Thoughts There's a reason why so many homeowners and designers are turning to It combines timeless beauty with cutting-edge materials to deliver unmatched performance and comfort. Whether you're hosting friends, enjoying a quiet morning coffee, or soaking up the sun with a good book, HDPE wicker furniture creates a space that's both elegant and enduring. TIME BUSINESS NEWS
India Gazette
25-06-2025
- Business
- India Gazette
Falling commodity prices expected to boost profits of FMCG companies: Report
New Delhi [India], June 25 (ANI): Fast-Moving Consumer Goods (FMCG) companies in India are likely to see an improvement in their profit margins in the first quarter of FY26, which is attributed to a broad-based decline in the prices of key agricultural and packaging commodities, according to a report by Antique Stock Broking Limited. Prices of several essential inputs have eased, which could benefit major players. During Q1FY26, most agri-commodity prices fell when compared to Q4FY25. This trend points to a moderation in year-on-year (YoY) inflation and offers relief to FMCG manufacturers, who have been grappling with high input costs over the past few quarters. Wheat, a staple raw material for several FMCG products, saw a price correction of 13 per cent on a quarter-on-quarter (QoQ) basis. Barley prices also dropped by 13 per cent QoQ, although they were still up 10 per cent YoY. A sharp decline in palm oil prices -- down 16 per cent QoQ -- was particularly notable, especially after the government reduced import duties on the product by 10 per cent at the end of May 2025. This move is expected to bring further downward pressure on prices in the near costs also trended lower during the quarter. High-Density Polyethylene (HDPE), used extensively in packaging, remained soft. Crude-based packaging inputs witnessed only a marginal 3 per cent increase in prices, a manageable rise for most companies. Among dairy inputs, Skimmed Milk Powder (SMP) rose slightly by 4 per cent QoQ, and liquid milk increased by just 1 per cent QoQ, marking a relatively stable pricing trend in dairy, which is crucial for food and beverage manufacturers. However, not all commodities followed this deflationary trend. Copra, a key input for coconut-based products and edible oils, emerged as an outlier. Overall, except for dairy and select inputs like copra and LLP, most commodity prices declined in the range of 2 per cent to 14 per cent. This downward trend is expected to provide significant cost savings for FMCG firms, allowing them to either protect their margins or pass on benefits to consumers in the form of price reductions. (ANI)
Yahoo
24-06-2025
- General
- Yahoo
Train carrying hydrochloric acid derails in Dooms
DOOMS – A Norfolk Southern train carrying hydrochloric acid derailed in the Dooms area off of Eastside Highway. The incident took place the afternoon of June 23. No injuries were reported. At about 1:57 p.m., Virginia State Police, Augusta County Fire-Rescue, and the Augusta County Sheriff's Office were alerted. Virginia State Police are investigating the derailment, which took place off of East Side Highway (Route 340), about a mile and a half north of Dooms Crossing Road. The train had approximately 96 cars. Fifteen of the cars derailed and seven were carrying hydrochloric acid, state police said. No leaks of hazardous material were reported, and no roads were impacted. A Norfolk Southern spokesperson said the only car that released materials was a car carrying Polyethylene, which the company said is a non-hazardous plastic in the form of pellets that is commonly used in the production of consumer goods such as containers, packaging, and plastic films. "Norfolk Southern is working in close coordination with state and local first responders to safely manage and mitigate the incident," said Kasandra Ortiz, a spokesperson with Norfolk Southern. "While we do not yet have an estimated time for the resumption of normal rail traffic in the area, our teams are actively engaged in recovery operations." The crash remains under investigation. Update: This article was updated to include comments from Norfolk Southern. More: Shenandoah National Park moves to cashless fee collection starting July 1 More: July 4th, concert series, Augusta Health awards, winery joins Virginia Tech: THE DIGEST Brad Zinn is the cops, courts and breaking news reporter at The News Leader. Have a news tip? Or something that needs investigating? You can email reporter Brad Zinn (he/him) at bzinn@ You can also follow him on X (formerly Twitter). This article originally appeared on Staunton News Leader: Train carrying hydrochloric acid derails in Dooms
Business Standard
06-06-2025
- Business
- Business Standard
BSE SME 3B Films market premiere fizzles, lists below issue price
Shares of 3B Films was trading at Rs 46.08 on the BSE, a discount of 7.84% compared with the issue price of Rs 50. The scrip was listed at Rs 48.50, a discount of 3% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 48.50 and a low of Rs 46.08. About 93,000 shares of the company changed hands at the counter. 3B Films' IPO was subscribed 1.76 times. The issue opened for bidding on 30 May 2025 and it closed on 3 June 2025. The price of the IPO was set at Rs 50 per share. The IPO comprised a fresh issue of 35,52,000 and an offer for sale (OFS) of 31,98,000 equity shares by existing shareholders. The company intends to utilize the net proceeds to meet capital expenditure, working capital, general corporate purposes and offer related expenses. 3B Films is a leading manufacturer and supplier of CPP (Cast Polypropylene) and CPE (Cast Polyethylene) films, catering to the diverse requirements of the flexible packaging industry and high-end thermoforming applications. The company plays a pivotal role in delivering innovative and customized packaging solutions across a wide range of sectors. Its product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods. As on December 31, 2024, the company had 59 permanent employees. The company recorded revenue from operations of Rs 4.20 crore and net profit of Rs 56.79 crore for the period ended 31 December 2024.
