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IFC, a member of the World Bank Group, announced a partnership with Ghana-based manufacturer Mohinani Group Limited to under-take the recycling of PET from plastic waste in Ghana and Nigeria, helping protect the environment and creating thousands of jobs in both countries. Under the partnership, IFC will provide a loan of
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SK Chemicals has successfully mass-produced chemically recycled materials and started to build a comprehensive center for plastic recycling solutions in Korea. This center will include the production of circular recyclable raw materials, demonstration research and material production. The company announced on February 18th that it will establish a Recycle Innovation Center
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Veolia, an environmental services provider, is expanding its PET recycling capacities across Europe. The company is investing in the modernisation and expansion of its facilities in Frauenfeld, Switzerland, and Norrköping, Sweden. The goal is to increase the output of food-grade rPET (recycled PET) to meet the growing demand in the food
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Photo: The signing ceremony for the resource circulation agreement was held at Fukuroi City Hall on February 13. (From left: Toshihiro Miyachi, Factory Manager of Fukuroi Factory, Otsuka Pharmaceutical; Toyota Tsusho; Noriyuki Oba, Mayor of Fukuroi City; Toshihiko Maki, General Manager of the Sustainable Plastic Department) Otsuka Pharmaceutical Co., Ltd. (Otsuka)
Read moreAvantium N.V., a leading company in renewable and circular polymer materials, has signed a joint development agreement with Amcor Rigid Packaging USA, LLC known for responsible packaging solutions. This partnership aims to explore the use of Avantium’s plant-based polymer PEF – branded as Releaf – in rigid containers for various products,
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MacroCycle Technologies, a developer of a novel PET & polyester textile waste upcycling technology, announced the close of a $6.5M seed financing round. The round was led by Clean Energy Ventures and Volta Circle, with participation from KDT Ventures and Neotribe Ventures. MacroCycle will use the funding to grow its operations
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Circularix, a leading producer of food-grade recycled PET (rPET), announced its second production facility, located in Ocala, Florida, is set to begin operations by the end of Q1 2025, marking a significant milestone in the company’s expansion plans. The new Florida location mirrors Circularix’s existing Pennsylvania facility, which has been operational
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The United Nations Development Programme (UNDP) and The Coca-Cola Foundation (TCCF) have partnered to help address the growing challenge of plastic waste management in Asia, a region that is home to significant environmental opportunities and challenges. Rapid urbanisation, increasing demand for single-use plastics, and gaps in waste management infrastructure have contributed
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DePoly, a Swiss award-winning CleanTech company which specialises in advanced recycling of PET/polyester plastics, announced their collaboration with PTI (Plastic Technologies Inc) a leader in sustainable plastic packaging design and development, to create a closed loop recycled PET bottle. Using a mixed stream of feedstock, ranging from PET plastic packaging, polyester
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Next Generation Recyclingmaschinen GmbH (NGR) is proud to announce a significant achievement: the European Food Safety Authority (EFSA) has issued a positive Scientific Opinion for NGR´s Liquid State Polycondensation (LSP)- Process for advanced PET Recycling. LSP becomes the first recycling process to complete evaluation under the updated regulation (EU) 2022/1616. The
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PET to PET Recycling Österreich GmbH, based in Müllendorf, Burgenland, Austria, takes stock for the year 2024: 31,354 tonnes of PET material – the equivalent of 1.25 billion PET beverage bottles – were successfully recycled in Austria. This represents a slight decrease of -2.8% compared to the previous year (2023: 32,283
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