All Business articles – Page 37
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ArticleQ3 2023 saw ‘sharp decline’ in German aluminium production, Aluminium Deutschland reports
According to Aluminium Deutschland, German aluminium production fell in the third quarter of 2023, with the production volume of primary aluminium almost halving.
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ArticleBorealis anticipates expanded mechanically recycled plastic compounding capacity in closed Rialti acquisition
Borealis has successfully closed a deal to acquire recycled polypropylene compound producer Rialti in a move set to boost its portfolio of PP compounds based on mechanical recyclates by 50,000 tons annually.
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ArticleOMV and Interzero enter joint venture to build ‘Europe’s largest’ chemical recycling sorting facility
OMV will invest over €170 million into a state-of-the-art, fully automatic sorting plant developed by Interzero to produce feedstock for chemical recycling with an expected annual capacity of up to 260,000 tonnes.
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ArticleDutch Government names Notpla’s seaweed-based packaging the ‘first and only’ plastic-free material
Following its assessment by the Dutch Government, Notpla’s seaweed-based packaging has been recognized as plastic-free as per the EU Single-Use Plastics Directive and now hopes to replace a minimum of 15 million single-use plastic packaging units in the Netherlands.
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ArticleOwner of Lidl and Kaufland pledges to use 30% less plastic by 2025
Schwarz Group, the multinational retail group operating Lidl and Kaufland, has set a new target to use 30% less plastic in its private label packaging across divisions by 2030.
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ArticleGlobal industry remains ‘off track’ despite collaboration to fight plastic pollution, warns Ellen MacArthur Foundation
A new paper from the Ellen MacArthur Foundation suggests that its New Plastics Economy Global Commitment signatories are proving the viability of collaborative progress in fighting plastic pollution, but calls for ‘tougher measures’ to break further ground. Over 1,000 organizations have backed the Global Commitment, led by ...
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ArticleLyondellBasell pursues higher plastic recycling rate with 25% acquisition of Cyclyx
LyondellBasell has acquired 25% equity ownership of Cyclyx International, a joint venture between Agilyx and ExxonMobil, in what is hoped to be a step towards improved recycling and a circular economy for plastics in the United States.
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ArticleSuzano invests in production line for fluff pulp made of eucalyptus
Suzano is investing R$490 million – the equivalent of over €90 million – into a new line for eucalyptus-based and bleached hardwood kraft pulp, aiming to produce 340,000 additional tons of fluff pulp and enhance the sustainability credentials of various personal hygiene products.
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ArticleMetsä Spring funding to help Montinutra turn forest waste into biochemicals
Montinutra plans to upscale its conversion of forest industry side streams into natural biochemicals for the chemical and cosmetics sectors with €2 million in pre-A funding led by Metsä Spring.
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ArticleCarbios granted permission to build PET bio-recycling plant in France
Carbios has been granted a building permit and operating authorization for a bio-recycling plant in Longlaville, expected to reach a processing capacity of 50,000 tons of post-consumer PET waste every year once fully operational.
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ArticleEuropean plastics manufacturers reveal roadmap into circularity for plastics
Plastics Europe and its members have agreed on a ‘Plastics Transition’ roadmap with their sights set on circularity, net zero emissions, and more sustainable material consumption in the European plastics industry.
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ArticleIndustry responds to Packaging and Packaging Waste Directive's controversial Compromise Amendments
Following the Committee on Environment’s vote on Compromise Amendments to the Packaging and Packaging Waste Directive, organizations from across the packaging value chain have made their voices heard – expressing a range of views on its targets, bans, and legislative adjustments regarding single-use plastics, reusable packaging, and more.
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ArticleWhat is holding chemical recycling back?
Uncertainty in EU regulations is creating hurdles for the chemical recycling sector, according to Mark Victory, Senior Editor of Recycling at ICIS. In this article, he explains how clearer legislation could attract investment and fuel sector involvement but may also draw criticism from NGOs.
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ArticleEuropean Parliament revises PPWR’s approach to plastic, reusable, and refillable packaging
The European Parliament’s Committee on Environment has amended the Packaging and Packaging Waste Regulation with additional crackdowns on plastic pollution, fossil fuel dependency, ‘forever chemicals’ in food packaging, and more – but UNESDA is critical of its stance on reusable packaging and the potential impact on harmonization and the Single Market.
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ArticleALPLA becomes majority owner of Paboco and invests to upscale paper bottle manufacturing
ALPLA has succeeded Billerud as the majority shareholder of Paboco and is now investing in scaling its manufacturing capacity, envisioning the production of a fully recyclable paper bottle at a new, state-of-the-art manufacturing site by the end of 2024.
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ArticlePlastics industry players clarify vision of Global Plastics Treaty legislation in response to UNEP draft
In the lead-up to INC-3 in Nairobi, the Business Coalition for a Global Plastics Treaty has voiced its approval of the ‘Zero Draft’ for a Global Plastics Treaty, developed by the INC Chair at UNEP as potential treaty revisions, while recommending its own priority areas ahead of the upcoming negotiations.
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ArticleAccelerator programme to scale up seaweed-based thin films revealed by Lonely Whale
The one-year TOM FORD Plastic Innovation Accelerator programme – powered by Lonely Whale and intending to help bring seaweed-based thin-film alternatives to market – has been announced at the 2023 Sustainable Brands conference.
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ArticleLyondellBasell sources plastic waste feedstock with De Paauw Sustainable Resources stake acquisition
LyondellBasell has acquired a 50% stake in De Paauw Sustainable Resources’ holding company, Rodepa Vastgoed B.V. – intending to access more plastic waste feedstock for its mechanically recycled polymers.
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ArticleHigh imports and low demand for European plastics threaten EU recycling targets, says Plastics Recyclers Europe
Plastics Recyclers Europe warns that the European plastics industry could be threatened by low demand for recyclate produced in the EU and high imports from outside the continent – recommending an independent third-party certification system to ensure transparency and traceability.
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ArticleDow’s Packaging Innovation Awards ceremony makes Asia-Pacific debut as submission period extends
The 35th edition of Dow’s Packaging Innovation Awards will adopt a new biennial format and hold its awards ceremony in Tokyo – marking the first time it will take place in the Asia-Pacific region.