Industry News
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SM Strengthens Its Commitment To Reduce Plastic Waste
7/23/2025
The SM Group is firming up its commitment to reduce plastic waste as a shared responsibility across its business units.
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Freepoint Eco-Systems And Source One Agree To Enter Into Long-Term Collaboration To Develop Pretreatment Infrastructure For Advanced Recycling Of Plastic Waste
7/17/2025
Freepoint Eco-Systems International Ltd (Freepoint Eco-Systems) and Source One GmbH (Source One) have agreed to enter into a long-term collaboration agreement to develop multiple pretreatment facilities to treat waste streams, such as post-consumer waste (PCR), to support the growth of pyrolysis infrastructure across Europe.
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Sustane Technologies Announces Offtake Agreement With Global Leader BASF To Advance Circular Plastics Economy
6/26/2025
Sustane Technologies and Germany-headquartered BASF have signed a long-term offtake agreement that will see BASF purchase premium plastic feedstock from Sustane's Chester, Nova Scotia facility, including output from both its existing production line and an upcoming facility expansion comprising a new line, tripling capacity.
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Toyoda Gosei Launches Horizontal Recycling Technology For Plastic Automotive Parts
6/17/2025
Toyoda Gosei Co., Ltd. has developed a new technology to recycle high-quality plastic from end-of-life vehicles (ELV) in order to meet the growing demand for recycled plastic in the automotive industry against strengthened environmental regulations.
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Birch Biosciences Enters Into Global Patent License Agreement With NREL To Advance Enzymatic Plastic Recycling Process
6/11/2025
Birch Biosciences, a startup focused on AI-powered enzymatic plastic recycling, today announced a global patent license agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to commercialize a novel enzymatic deconstruction processing technology that breaks down polyethylene terephthalate (PET)—a common plastic used in packaging and textiles—to recover valuable chemical building blocks.
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Alterra Technology Enables Major Milestone In Plastic Recycling At Viva Energy Geelong Refinery
5/15/2025
Alterra, a global leader in advanced plastic recycling technologies, is proud to announce the successful deployment of its pyrolysis oil in Australia, marking a significant step toward a circular economy for plastics.
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Univation Technologies Announces World-Scale 800,000 Tonnes/Year Design Capacity For UNIPOL™ PE Process Technology
5/12/2025
Univation Technologies, LLC announces the next-generation of the UNIPOL™ PE Process platform with its newest world-scale licensed capacity offering of an 800,000 tonnes per year design.
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Fictiv And EVCO Plastics Announce Strategic Partnership To Deliver End-To-End Injection Molding Supply Chain Solutions
4/8/2025
Fictiv, a global supply chain solutions leader, has created a strategic partnership with EVCO Plastics, a leading custom plastics and contract manufacturer, to revolutionize injection molding services.
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Aliplast Boosts Recycled PET: PET Recycling Site Acquired From Gurit Italia
4/1/2025
The Hera Group subsidiary, a European leader in plastic regenerating, has integrated Gurit Italia's Carmignano di Brenta plant dedicated to PET recycling, an investment that looks towards the growth of an increasingly important market
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APP Group Advocates Sustainable Packaging Solutions To Reduce Plastic Waste In The US
3/27/2025
The United States has been identified as one of the world's largest producers of plastic waste. In 2023, the country emerged as a major contributor to global plastic waste, generating a staggering 42 million metric tons.