Industry News
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LyondellBasell And Shakti Plastic Industries Sign Memorandum Of Understanding (MoU) To Advance Mechanical Recycling In India
10/20/2022
LyondellBasell and Shakti Plastic Industries, India's largest plastic scrap recycler and waste collection company, have signed a Memorandum of Understanding (MoU) to form a joint venture to build and operate a fully-automated, mechanical recycling plant in India
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LyondellBasell Forms Joint Venture To Build Plastic Waste Sorting And Recycling Facility And Plans To Build Advanced Recycling Plant
10/11/2022
LyondellBasell and 23 Oaks Investments, Leiferde/Lower Saxony, Germany, signed an agreement to create Source One Plastics, a joint venture that will build an energy efficient, advanced plastic waste sorting and recycling facility in Germany
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Novolex Invests $10M In Indiana Recycling Expansion
9/9/2022
Novolex®, a leader in packaging choice, innovation and sustainability, announced today that it is investing $10 million to expand capacity to recycle plastic bags and other polyethylene film at its recycling facility in North Vernon, Ind
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GC Moves Toward Net Zero Target By Venture Capital Investment In ECONIC, Developer Of Catalyst Technologies For Carbon-To-Value Creation For Sustainable Polymer Production
9/9/2022
GC Ventures Company Limited (GC Ventures), a subsidiary of PTT Global Chemical Public Company Limited (GC), became one of the investors in Econic Technologies (Econic), a British company using advanced technology to recycle carbon dioxide for use as a raw material in polymer production
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Euclid Introduces New Synthetic Microfiber For Concrete Reinforcement
9/8/2022
Euclid Chemical, a leading manufacturer of concrete and masonry construction products, introduces PSI Fiberstrand REPREVE 225, an innovative new synthetic microfiber for concrete reinforcement that offers unique sustainability benefits
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Cincinnati Bengals Take Sustainability To Next Level With PureCycle's Innovative PureZero™ Program
9/8/2022
PureCycle Technologies, Inc. ( Nasdaq: PCT) and the Cincinnati Bengals are teaming up to divert more than 150,000 pieces of plastic waste from being landfilled or flowing into our waterways during this season's home games
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Firestone Polymers, LLC Polymer Engineering Pilot Center Earns International Sustainability And Carbon Certification
8/18/2022
Bridgestone Americas (Bridgestone) announced its Firestone Polymer Engineering Pilot Center (PEPC) in Akron, Ohio, has earned the International Sustainability and Carbon Certification (ISCC) PLUS recognition for its transparency and traceability of sustainable raw materials including bio, bio-circular and circular-based material to replace synthetic rubber in its transition to a circular economy
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Calabasas Capital Advises Global Supply In Acquisition Of Innovative Plastics
8/16/2022
Calabasas Capital, a boutique investment banking firm (a dba of Fallbrook Capital, member FINRA/SIPC), announced that its client Global Supply, LLC has completed the successful acquisition and integration of the business assets of Innovative Plastics
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FIJI® Water Transitions Iconic Bottle To 100% Recycled Plastic In The U.S.
8/15/2022
Building on its longstanding commitment to environmental sustainability, FIJI® Water has transitioned its iconic and best-selling 500 mL and 330 mL bottles to 100% recycled plastic (rPET)* in the U.S
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Reusables.com Receives Investment From Sustainable Development Technology Canada
8/10/2022
Reusables.com, a leading zero-waste packaging platform, secured a $100,000 seed investment from Sustainable Development Technology Canada (SDTC), an independent federal foundation that funds Canadian companies developing new climate technologies