Chemical company Indorama Ventures collaborated with the Bangkok Metropolitan Administration (BMA) and the Department of Education under the BMA to host the ‘PET Youth Camp for Sustainable Plastic Management’ program. The camp brought together 60 teachers and students from 20 BMA schools to engage in activities that foster young leadership in
Read moreWhile recycling systems and bottle deposits have become increasingly widespread in the U.S., actual rates of recycling are “abysmal,” according to a team of MIT researchers who studied the rates for recycling of PET. However, their findings suggest some ways to change this. The present rate of recycling for PET bottles
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In June 2024, Plast Nordic entered into a collaboration with Norner, an expert in the polymer industry, with over 40 years of experience. Based in Porsgrunn, Norway, Norner operates advanced laboratories, polymerisation units, and industrial-scale process pilot plants. Norner is owned by SCG Chemicals in Thailand and serves over 700 customers
Read moreDow (NYSE: DOW) announced it has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to
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The demand for recycled plastics is increasing rapidly worldwide: consumer awareness is growing, companies are setting themselves ever more ambitious sustainability targets and recycling requirements from international governments are also increasing. As a company with almost 30 years of experience in plastics processing and almost 25 years in the field of
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Chemical producer Indorama Ventures announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programmes in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler. The loan from the
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UPM Raflatac has received a new certificate of validity from leading international assurance service provider, Dekra, for its RafCycle recycling service. Going forward, this certification validates the credibility of the CO2 impact assessments provided by RafCycle in Europe and the US. As a result, customers can communicate their environmental contributions in
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Carbios and Chinese Zhink Group, one of China’s Top 500 Private Enterprises, specialising in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using Carbios’ enzymatic depolymerisation technology to serve the global market. This agreement officialises collaboration towards
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After managing the Axens Group for 22 years, Jean Sentenac handed over to Quentin Debuisschert (photo) in June 2024. The handover took place after a transition period that allowed them to ensure seamless continuity in the strategy and development of Axens, a worldwide leading energy player headquartered in France and present
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For Indian preform and plastic packaging manufacturer Magpet Polymer Pvt Ltd, Coperion and Herbold Meckesheim are collaborating technologies in construction of an entire plant for bottle-to-bottle recycling from a single source. In addition to mechanical processing of used PET bottles, the recycling system encompasses all process steps leading up to extrusion
Read moreUV barriers developed by Avient and destined for PET bottles are approved as limited compatible with the PET bottles recycling stream in Europe Avient Corporation’s technologies for UV barriers, developed to protect PET packaging and its contents from the degradation effects of light and UV radiation, are the first to receive
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