Page 33 - Plastics News January 2026
P. 33
COMPANY NEWS
The shift to in-house production offers a decisive content continues to rise, Chemco is not just
quality advantage, with every batch undergo- meeting compliance but is reinforcing its role as
ing strict laboratory analysis for IV, colour, clar- a responsible industry leader, with plans to ex-
ity, and acetaldehyde levels. This control allows pand capacity and improve recovery efficiency.
Chemco to precisely meet customer require-
ments for recycled content without compromis- As per the company spokesperson, "Chemco's
ing aesthetics or performance. approach extends beyond compliance, embed-
ding sustainability into its vision for the future of
This investment is directly aligned with India’s packaging and proving that progress and envi-
Extended Producer Responsibility (EPR) and ronmental responsibility can go hand in hand."
Plastic Waste Management frameworks, posi- Source - https://www.whatpackaging.co.in
tioning Chemco as a trusted long-term partner
for global brands striving to achieve carbon-re-
duction and EPR goals. As demand for recycled
PRAANA STRENGTHENS ITS POSITION IN PLASTIC ADDITIVES WITH
THE ACQUISITION OF ARKEMA ASSETS
On 23 December 2025, Indian firm Praana Group
entered into an agreement with French special-
ty materials group Arkema to acquire certain of
its plastic additives businesses, including impact
modifiers and processing aids used in the man-
ufacture of PVC profiles, pipes, packaging and
engineering plastics.
This transaction aims to strengthen the portfolio
of Galata Chemicals, a Praana subsidiary spe-
cialising in additives for PVC, CPVC, engineer-
ing thermoplastics and polyolefins. The activities
concerned cover a global scope for MBS (Me-
ndian industrial group Praana has announced thyl Methacrylate Butadiene Styrene) copoly-
plans for a strategic acquisition of certain mers, as well as a European and Asian scope for
Iplastic additives businesses from French com- AIMPA acrylic copolymers. In 2024, these activi-
pany Arkema. The transaction, scheduled for the ties generated revenue of €44 million ($51 740
first quarter of 2026, is part of an international million). “This proposed acquisition strengthens
growth strategy initiated by the Indian group Galata Chemicals’ portfolio with complemen-
with its recent acquisition of Owens Corning’s fi- tary plastic additives technologies that enhance
breglass reinforcements business. impact performance and process efficiency in
PVC and composite applications. It supports in-
January 2026 PLASTICS NEWS 33
