Origin Materials reports strong Q1 2024 results, accelerates production lines

Origin Materials, Inc. announced its first-quarter financial results, emphasising progress toward profitability driven by its PET caps and closures business. The company reported quarterly revenue of $6.8 million generated by its supply chain activation program and joint development agreements. The company also made significant progress in commercialising its caps and closures

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Amcor Bottle of the Year: New annual program showcases best new designs in responsible packaging

Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of its Bottles of the Year program on National Packaging Design Day 2024. Annually, Amcor Rigid Packaging’s Bottles of the Year will recognise the best in innovative and responsible packaging designs that meet the latest trends in

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Advanced recycling technologies to complement mechanical recycling

Advanced recycling on the rise Advanced recycling technologies are developing at a fast pace, with new players constantly appearing on the market, from start-ups to chemistry giants and everything in-between. New plants are being built, new capacities are being achieved, and new partnerships are being established. With all  these dynamic developments,

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PET production and demand

In 2022, PET converter demand for applications such as bottles, films and sheet in the EU27+3 region stood at 5.0 million tonnes. PET production (including virgin and recycled) reached 3.9 million tonnes in 2022, as illustrated in the figure, showing a downward trend in relation to previous years. The difference between

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