High energy costs and growing international competition are taking a toll on Europe's plastics industry. Manufacturers across the continent continue to struggle with soaring energy prices and mounting pressure from Chinese competitors. Plastics Europe warned on Wednesday that the sector is “on the brink of collapse”. On September 26, Texas-based petrochemical giant LyondellBasell and German chemical company Covestro said goodbye to their Maasvlakte plant in the Netherlands, which produced...
