A new analysis by Future Markets Insights gives an outlook on the paper recycling market for the next 10 years.
Market
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Packaging is critical for enhancing the functionality of products as well as winning over new consumers. Of late, smart and sustainable packaging trends have gathered pace owing to busy lifestyles and rising per capita disposable income of consumers across the globe.
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According to a recently published study by industry consultants Applied Market Information Ltd. (AMI Consulting), the plastics recycling industry will have to develop and grow considerably to meet 2030 EU plastics packaging recycling targets, along with the effect of the Chinese waste import ban.
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Recycling charity Recoup is once more supporting the plastics recycling industry via their support of the UK Best Recycled Plastic Product Award 2018.
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World crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) was 151.4 million tonnes (Mt) in June 2018, a 5.8% increase compared to June 2017.
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Led by Western Europe, increasing regulations and bans against plastic bags and other single-use plastic items such as drinking straws is driving growing demand for biodegradable plastics, according to new analysis from IHS Markit.
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The Recylex Group has released its financial information for the first half year of 2018 and for the second quarter of 2018. Consolidated sales for the six-month period to June 30th 2018 totaled €194.6 million, down 11% on the first six months of 2017.
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Ferrarelle is a Italian company bottling mineral waters. It is one of the first companies in Europe involved in the beverage sector, that have decided to close the loop in PET bottles treatment by internally handling the whole process.
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According to Future Market Insights, the Excessive amounts of waste generated from food processing will be rampant in the food waste management market, creating more opportunities for key players.
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Carbios has announced new results in the optimization of its biorecycling process of waste PET plastics. The hydrolysis of PET plastics into their original building-blocks now reaches a conversion rate of 97% in only 16 hours.
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Neste, producer of renewable diesel, is now exploring ways to introduce liquefied waste plastic as a future raw material for fossil refining.
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