Loop Industries announces memorandum of understanding for USD 66 million of non-dilutive financing from Reed Management

Loop Industries, Inc., a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled PET plastic and polyester fiber, announced this week that it had signed a non-binding Memorandum of Understanding (MOU) with Reed, a European investment firm focused on high impact and technology-enabled infrastructure.

Read more

Petcore Europe confirms top speaker line-up in countdown to Annual Conference 2024

Petcore Europe will welcome speakers from across the European Commission and PET value chain at its annual conference being held in Brussels from 7th to 8th of February 2024. Day One features a series of presentations and panel discussions where delegates will hear from brand owners, retailers, producers, converters, recyclers and

Read more

Alpla reports stable business performance with turnover of 4.7 billion euros in 2023

Pharma and recycling expansion, new markets and products: Alpla, the developer and manufacturer of plastic packaging solutions, invested in further development and growth in 2023. The global packaging and recycling specialist closed the financial year with turnover of 4.7 billion euros. Lower material and energy costs paired with exchange rate factors

Read more

Trade programme Anuga FoodTec 2024: Think tank for the food and beverage production of tomorrow

Anuga FoodTec 2024 opens its doors from 19 to 22 March 2024 in Cologne. The Main Stage and the Innovation Stage focus on the main theme of “Responsibility”. Visitors may also expect innovative formats , active professional exchange and international networking as well as guided tours that provide a compact overview

Read more

The latest report of The Recycling Partnership shows that only 28% of PET bottles are recycled in the US

On January 10, 2024 The Recycling Partnership, a non-governmental organisation committed to building a better recycling system, released a report analysing the state of recycling in the US. One of the key takeaways of the report, titled “State of Recycling: Present and Future of Residential Recycling in the U.S.”, is that every

Read more

Petainer publishes first Environmental, Social, and Governance report

Petainer announced their inaugural Environmental, Social, and Governance (ESG) report, covering 2022. The report details significant progress against key sustainability metrics, including reduction in: virgin resin usage, greenhouse gas emissions and energy usage from non-renewable sources.  Hugh Ross, CEO of Petainer commented “Petainer enables businesses to grow without their CO2 footprint growing

Read more

ArabPlast 2023: A transformative showcase of innovation and sustainability in the plastics and petrochemical industry 

ArabPlast, the Dubaian trade fair for the plastics, recycling, petrochemical, packaging & rubber industry, opened its doors from 13th to 15th of December 2023. The three-day fair not only celebrated the latest advancements, and innovations, but also delved into sustainable solutions. A defining feature of ArabPlast 2023 was the participation of

Read more

Petcore Europe – Annual Conference 2024

The conference, being held in Brussels from 7-8 February 2024, will take place against the background of the finalisation of the EU’s landmark Packaging and Packaging Waste Regulation (PPWR). Day One will consider the impact that the regulation will have on businesses operating both upstream and downstream, with industry experts and

Read more

Reliance Industries becomes first in India to use chemical recycling for circular polymers

Reliance Industries Limited (RIL), operator of the world’s largest integrated refining and petrochemical complex, has become the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability & Carbon Certification (ISCC)-Plus certified circular polymers. RIL shipped its first batch of ISCC-Plus certified circular polymers, named CircuRepol (Polypropylene) and CircuRelene (Polyethylene).

Read more

World Packaging Organisation launches the Japanese version of the Global Packaging Design for Recycling Guide

The ‘Packaging Design for Recycling Guide’, a product of World Packaging Organisation (WPO) has recently been translated into Japanese, and is now available through WPO website. This is the 11th translation besides the versions in English, German, Spanish, Arabic, Portuguese, Thai, Latvian, Czech, Hungarian and Georgian. Developed by WPO, Circular Analytics, FH Campus University of Applied Sciences

Read more

Hungary launches new deposit return scheme for drink container recycling

Starting from January 1st, Hungary has implemented a new deposit return system (DRS) for recycling single-use drink containers. Manufacturer of reverse vending machines Tomra has partnered with Mohu (MOL Hulladékgazdálkodási Zrt.), the central system administrator for the DRS, to roll out a collection infrastructure aimed at making drink container returns as

Read more
X