GlobalData: Asia to lead global PET capacity additions by 2027

Asia is set to lead the global PET industry capacity additions with a share of 61.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyethylene Terephthalate (PET) Industry Installed Capacity and Capital Expenditure

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RIGK service expanded by PlastCert’s RecyClass Certification and testmaterial testing tailored to recyclates

As a newly established department of RIGK, PlastCert now certifies plastic packaging and products according to the specifications of the RecyClass system with the two pillars Recyclability and Recycled Content. RIGK’s subsidiary plastship has offered this service since 2020 and is now transformed to PlastCert. Both certificates support companies such as

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Coca-Cola launches 100% rPET bottles in Indonesia

Coca-Cola Indonesia, in partnership with Coca-Cola Europacific Partners (CCEP), has announced the nationwide launch of bottles made from 100% recycled PET (rPET) plastic, excluding the cap and label. In a first for the country, rPET packaging is now available for Coca-Cola Trademark brands, Fanta, Sprite in 390ml, and Sprite Waterlymon in

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Avantium receives Critical Guidance Recognition for its bioplastic PEF from the US-based Association of Plastic Recyclers

Avantium N.V., a leading technology provider in renewable chemistry, has been granted Critical Guidance Recognition from the Association of Plastic Recyclers (APR). The APR Critical Guidance Protocol is one of the most universally accepted measures for assessing recyclability in plastic packaging design. Avantium earned the recognition for the use of PEF,

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New HDPE resin for tethered caps

TotalEnergies announces the commercial launch of a new high-density polyethylene (HDPE) resin for tethered cap applications, allowing to reduce material usage, enhance recovery and improve recycling. The new HDPE 20HD07 resin is claimed to offer enhanced mechanical and organoleptic properties, enabling identical technical cap performances with less material than market reference,

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LanzaTech & Plastipak partner to produce world’s first PET resin made from waste carbon

LanzaTech Global, Inc. (Nasdaq: LNZA), a carbon capture and transformation (“CCT”) company that converts waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, and Plastipak Packaging, Inc. (“Plastipak”), well-known in the design, manufacture, and recycling of plastic containers, announce they

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PET Baltija is developing one of the largest PET recycling factories in Europe with €35 million investment

PET Baltija, one of the largest PET recyclers in Northern Europe and part of Eco Baltia, the largest waste management and recycling group in the Baltics, announced the investment of over €10 million as part of the development of a new PET recycling plant in Olaine, Latvia. This joint project is

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New ColorMatrix Ultimate UV390R from Avient provides light protection for rPET with improved recyclability

Avient Corporation announced the launch of ColorMatrix Ultimate UV390R, a new ultraviolet (UV) light-absorbing additive technology for both virgin and recycled polyethylene terephthalate (rPET) resin. Part of the Ultimate portfolio, ColorMatrix Ultimate UV390R is especially useful with high levels of rPET, offering UV protection that allows less than 10% UV light

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Alpek maintains dividend in difficult conditions

Alpek S.A.B. de C.V., headquartered in San Pedro Garza García, Greater Monterrey, Mexico, is one of the largest PET and PTA producers in the Americas and is the sole producer of polypropylene and caprolactam in Mexico. The company’s two business segments are: Polyester (including PTA, PET, rPET and polyester fibres) and Plastics & Chemicals (PP, expandable styrenics, and other speciality and industrial chemicals).

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