The worldwide PET magazine
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
Read moreThe world’s largest event dedicated to plastics recycling, the Plastics Recycling Show Europe, takes place next week at RAI Amsterdam, the Netherlands, from 19-20 June 2024. Visitors can still register for free at: www.prseventeurope.com The PRS Europe exhibition and conference attracts thousands of professional stakeholders of the entire plastics recycling value
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Borealis announces the installation of a semi-commercial demonstration recyclate-based polyolefins (rPO) compounding line in Beringen, Belgium. Set for construction during 2024, it is expected to be fully operational in the first half of 2025. The state-of-the-art line will use Borealis’ proprietary technology to transform mechanically recycled post-consumer waste into high-quality rigid
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The Erema Group, based in Ansfelden near Linz, Austria, closes the financial year 2023/24 with total revenues of EUR 380 million. A joint venture with the Lindner Group sees the group of companies expand its portfolio to include washing technology. Erema Group GmbH now has eight subsidiaries: Erema, Pure Loop, Plasmac,
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Carbios and the cosmetics brand L’Occitane en Provence present a bottle in transparent PET made entirely from enzymatic recycling for a shower oil from the Amande range. In collaboration with converter Pinard Beauty Pack, this bottle exemplifies a shared desire to build en efficient European recycling sector to accelerate the transition
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Aldi has introduced 100% recycled plastic (rPet) in some of its own-brand washing up liquid bottles. The move, which applies to its standard Magnum washing up liquid, as well as its Antibacterial and 1 litre Magnum Classic variants – excluding the caps and labels – is rolling out into stores nationwide.
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