8 NEWS PETplanet Insider Vol. 24 No. 10/23 www.petpla.net LOOKINGTO INCREASE ENVIRONMENTAL STRESS CRACK RESISTANCE (ESCR)? CONTACT USTODAY! info@moldmasters.com www.moldmasters.com ✓ New Sprint APEX gate seal. ✓ Increase environmental stress crack resistance for CSD caps by up to 40%. ✓ Increase your safety factor, improve product performance, and enhance customer satisfaction. ✓ Enables light weighting without sacrificing performance and durability. New Innovation Summit at Petcore 2024 Annual Conference Next year’s annual Petcore Conference will feature an Innovation Summit where delegates from across the PET value chain will present a diverse range of ground-breaking initiatives that have the potential to drive opportunities and growth throughout the sector. This is the first time that such a session will take place and a ‘call for papers’ has already been issued, inviting interested parties to submit their latest projects for consideration. The conference, being held in Brussels from February 7-8, 2024, will take place against the background of the finalisation of the EU’s landmark Packaging and Packaging Waste Regulation (PPWR). Day One wi l l consider the impact that the regulation will have on businesses operating both upstream and downstream, with industry experts and representatives from the EU institutions coming together to debate and explore market developments shaping the sector. Day Two will see the various Petcore Working Groups report on their activities and share challenges, successes, and next steps with members. As well as the established groups focusing on issues ranging from thermoforms to depolymerisation, Petcore will present the first findings of its analysis into options for enlarging the scope of the association to include textile recycling focused on polyester fibres. The day will include an update on the ‘Save Waste, Recycle the One’ communication campaign which targets Brussels policymakers together with consumers in three large markets – France, Germany and UK. Now in its third year, the campaign has now also launched in Italy, with pleasing social media impact and engagement to date. Delegates will also be updated on Unep’s attempt to develop an international legally binding instrument on plastic pollution, including the marine environment. Now that Petcore has received Unep accreditation and is able to attend key meetings, representatives will present key findings related to the association’s participation in the 3rd session of the Intergovernmental Negotiating Committee held in Nairobi in November 2023. www.petcore-europe.org Indorama Ventures achieves 100 billion PET bottles recycling milestone Indorama Ventures Public Company Ltd announced that it has recycled 100 billion post-consumer PET bottles since February 2011. In the last ten years, the company has spent more than US $1 billion towards waste collection of used PET bottles and has committed a further $1.5 billion to expand its recycling business. To support increased recycling rates globally, Indorama Ventures has expanded its recycling facilities, infrastructure, and public education programs. The company now has 20 recycling sites in Asia, the Americas, and Europe. Recent developments include doubling the capacity of a recycling site in Brazil; and the opening of PET Value, the largest bottle-to-bottle recycling facility in the Philippines, in partnership with Coca-Cola. www.indoramaventures.com
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