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Day: April 6, 2023

TotalEnergies Corbion partners with Posco International and ESOL to recycle PLA in South Korea

SOUTH KOREA – TotalEnergies Corbion, Posco International and ESOL are partnering to develop recycling infrastructure and technology for polylactic acid (PLA) in South Korea, in line with the government’s framework for carbon neutrality. Hoping to expand its portfolio by entering the biobased plastic recycling sector, POSCO International will oversee and finance the project. The trading company has been working with…

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Ranpak expands plastic-free protective packaging to North America with launch of Geami MS Mini wrapping system.

NORTH AMERICA – Ranpak has announced the North American launch of the Geami MS Mini™ wrapping system, a sustainable, biodegradable, recyclable and plastic-free alternative solution to traditional plastic bubble roll. The paper-based protective packaging solution is designed for warehouse packing stations where efficiency is key. Geami MS Mini has a smaller footprint with the protective ability of die-cut paper which…

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AMSilk secures €54M in series C funding round for bio-produced silk protein materials

GERMANY – AMSilk, a German bio-fabricated silk protein supplier, has secured an additional €25 million (US$27.4 million) in its extended series C funding round bringing the total financing to €54 million (US$59.1 million). The latest funding round was led by existing investor Athos (AT Newtec) with participation from Novo Holdings, Cargill and MIG Capital. The company will use the proceeds…

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FBRA teams up with UNIDO to train plastic manufacturers, recyclers on sustainable practices

NIGERIA – The Food and Beverage Recycling Alliance (FBRA), has partnered the United Nations Industrial Development Organization (UNIDO), to equip plastic manufacturers and recyclers with required skills to reduce leakage of plastics into the environment. The challenges of plastic pollution has continued to grow in tandem with the increase in the use of plastics, necessitating the application of measures to…

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SA Plastic Pact welcomes new members to help drive plastic circularity

SOUTH AFRICA – The SA Plastics Pact welcomed Naspers and its subsidiary businesses, Takealot and Media24 to tackle plastic packaging waste by creating a circular economy for plastics. Launched in 2020 as part of The Ellen MacArthur Foundation’s New Plastics Economy initiative, SA Plastics Pact currently has 44 members representing key organizations across the plastics value chain, including Unilever, Woolworths,…

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