A new report by Global Industry Analysts (GIA) projects that the global plastics recycling market will be worth US$47 billion in five years’ time. According to the report, growth in the global market is being driven by ongoing efforts toward environmental sustainability, prompting industries to focus on plastic recycling.
The Institute of Industrial Science at The University of Tokyo is researching a new method to reduce food waste by recycling discarded fruit and vegetable scraps into robust construction materials.
Veolia and Suez announce that their respective boards of directors reached an agreement in principle on the key terms and conditions of the merger between the two groups.
The iconic Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. It is the first global confectionery brand to switch to recyclable paper packaging, removing approximately 250 million plastic packs sold globally every year.
As the UK battles the unrelenting march of COVID, organisations including the Royal Cornwall Hospitals Trust are recycling their disposable masks into material that can be used to make new products like bottles, bins and furniture.
UK-based start-up Lasso Loop Recycling is working on a machine that collects, cleans and sorts garbage for recycling, that resembles an everyday kitchen appliance.
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Midway through 2020, the European Union passed a tax of €0.80 (about $1.00) per kilogram on nonrecycled plastic packaging waste, effective January 1 of this year. At the time it was heralded as a win for the recycling industry and environmentalists.
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In the Keynote session on Day 4 of the Australian Institute of Packaging Virtual Conference, Terracycle Australia and New Zealand general manager Jean Baillard led with the topic: From disposability to reusability with cutting-edge technology and design that will change the face of packaging as we know it.
Nestlé, Procter & Gamble and other investors have put $25 million behind Loop, a packaging reuse model that launched last year.
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Brussels will introduce mandatory recycling targets for battery makers including electric car manufacturers from 2030. The move comes as the EU attempts to meet growing demand for vital raw materials without undermining its ambitious environmental goals.