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2021-06-16 1:37 min Global themes, Sustainability & Circular Economy
Initiative

Avient collaborates with Oceanworks® to expand use of recycled ocean plastics

Avient Corporation has announced it is collaborating with Oceanworks® to help customers incorporate recycled ocean plastics in their products. Recycled ocean and ocean-bound plastics are those recovered from the ocean, waterways, and ocean-bound collection zones within 50 km of a ...
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2021-06-16 2:37 min Global themes, Sustainability & Circular Economy
Consumer change

Non-profit "Keep America Beautiful" launches campaign to increase recycling rates for plastic bottles

Keep America Beautiful®, the nation’s community improvement for-impact nonprofit organization, released a public service announcement (PSA) titled “Recycle Like Everyone Is Watching” to help change consumer behavior and increase recycling rates for plastic bottles. Created in ...
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2021-06-15 2:43 min Global themes, Sustainability & Circular Economy
Environmental Efforts

Corona becomes first global beverage brand to achieve a net zero plastic footprint globally

The achievement is another step in Corona's long-term aim to leave no plastic in ...
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2021-06-15 1:30 min Markets and Management, Management
Acquisition

Indorama Ventures completes acquisition of CarbonLite’s Texas PET Recycling Facility

Indorama Ventures (IVL), a global chemicals producer, has completed its acquisition of CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity.
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2021-06-14 2:26 min Markets and Management, Management
Acquisition

Clariant completes its divestment program by reaching agreement to divest its Pigments business

Definitive agreements signed by a consortium of Heubach Group and SK Capital Partners to acquire Clariant’s Pigments business Enterprise Value of CHF 805 million to CHF 855 million, representing a 10.7x to 11.4x stand-alone adjusted EBITDA multiple per April 2021 (LTM) depending ...
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2021-06-14 3:58 min Recycling & Compounding, Sorting and collection
Plastic sorting solution

TOMRA Recycling and Masotina: Highly targeted plastic sorting boosts recycling volumes and purity

Based in Corsico in the Lombardy Region of Italy, MASOTINA operates one of Europe’s ...
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2021-06-14 0:56 min Markets and Management, Management
Expansion

Indorama Ventures drives innovation with new IOD research center at The Woodlands, Texas

Indorama Ventures Public Company Limited (IVL), a global petrochemical producer, has started developing a new technology center under its Integrated Oxides & Derivatives (IOD) business at The Woodlands, Texas. The new facility will be the company’s U.S. research and development ...
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2021-06-14 1:22 min Markets and Management, Management
PET Recycling

Veolia opens the first recycling plant for PET returnable bottles in Norway

On 9 June 2021, Veolia opened the first recycling plant in Norway for returnable PET bottles. "The system shows that we are at the forefront of the world, and I am looking forward to further steps towards the circular economy," said Finance Minister Sanner, praising the system after ...
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2021-06-11 1:59 min Global themes, Sustainability & Circular Economy
Prototype

Jabil packaging solutions launches VITTEL® hybrid bottle

Jabil Packaging Solutions, a division of Jabil Inc., launched its latest packaging prototype: the Eco.bottle® product platform for VITTEL®, a leading mineral water brand in Europe from the water division of Nestlé.
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2021-06-11 1:31 min Global themes, Sustainability & Circular Economy
rPET containers

Waddington Europe and Produce Packaging start the switch to 100% rPET containers for the soft fruit season

Waddington Europe, a division of Novolex®, has joined forces with its longstanding ...
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PETnology/tecPET GmbH

Postfach 120 429
93026 Regensburg
Germany

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+ 49 (0)941 870 2373
info@petnology.com

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