15 June 2026 // Advanced Plastics Group’s Leadership, Positive Update on Oil Price, and Transforming UK Recycling
In today’s brief:
💼 Board Appointment: Advanced Plastics Group announces the appointment of Peter Tyler as Non-Executive Chair, bringing extensive engineering and Employee Ownership Trust governance experience to support the group's long-term strategic growth.
📉 Market Dynamics: Crude oil prices plunge to two-month lows amid geopolitical developments in the Middle East, signalling a welcome cooling effect on energy and polymer feedstock costs for UK plastics processors.
🔄 Recycling Infrastructure: A landmark report published by Viridor reveals that expanding the UK's domestic plastics recycling capacity could unlock nearly six billion pounds in private investment and create over seven thousand skilled jobs by 2060.
🌐 European Alignment: Kongskilde Industries hosts a pan-European sales summit, bringing together cross-border teams to align on market trends and technical training, strengthening support for manufacturers across the continent.
For the full stories, visit plastikmedia.co.uk.
