German-based Vecoplan AG, a company specialized in machinery and plants for shredding, conveying, and processing, is investing more than five million Euro to expand its main site in Bad Marienberg. It has enlarged its Plant I by a total of 1,900 square meters, while also investing in new production equipment. The engineering company is preparing […]
USA-headquartered IPG, a global provider of packaging and protective solutions, reported that its manufacturing facility in Chicago has been awarded GOLD certification under the TRUE (Total Resource Use and Efficiency) rating system. This plant “has demonstrated its dedication to best practices in recycling, reusing, and reducing waste, achieving an impressive 91.6 percent diversion rate by […]
French biotech company CARBIOS has signed a multi-year commercial agreement with Thailand-based Indorama Ventures, a global leader in PET production. According to the French firm, this agreement covers the supply of biorecycled monomers, which will be transformed into r-PET filaments by Indorama Ventures. While CARBIOS would use its enzymatic PET recycling technology to produce monomers […]
“The Topper Stopper” won the award at the 2025 Charlotte Hornets Innovation Summit. It is a patent-pending device, that combines barcode scanning, AI verification, and real-time analytics to eliminate recycling contamination. Invented by Marcus Wade of Genesis 1 Technologies LLC and commercialized through a partnership with Waste Wise Innovation, this recycling device secured a 25,000 […]
With the solvent-based recycling process developed at the Fraunhofer Institute for Process Engineering and Packaging IVV, a wide variety of plastics from packaging, as well as from the automotive, electronics, construction, and textile sectors, can be recycled and processed into high-purity plastic recyclates. In this way, waste fractions that cannot be recycled using conventional recycling […]
The circular economy is a key driver of growth and innovation for the plastics industry, stresses German company Source One GmbH in this article. Competing in the European plastics market has recently become increasingly challenging. Expanded raw material prices, delivery difficulties, and declining orders are determining the development of individual companies. Moreover, rising energy costs, […]
According to globally active market research and advisory firm AstuteAnalytica India Pvt. Ltd., the value of the global green chemicals market is projected to “skyrocket”. This market was valued at 13.80 billion US-Dollar in 2024 and is expected to reach 28.05 billion US-Dollar by 2033, growing at a CAGR (compound annual growth rate) of 8.2 […]
According to the latest study from BCC Research, the “Global Ship Recycling Market” is estimated to increase from 9.1 billion US-Dollar in 2025 to 13 billion US-Dollar by the end of 2030, at a compound annual growth rate (CAGR) of 7.4 percent from 2025 through 2030. The report presents a comprehensive analysis of the global […]
As the amount of composite waste generated in Europe is not officially monitored, the European Composites Industry Association (EuCIA) has collaborated with its members and partners to estimate the potential size of the composites recycling market. While the quantity of composite waste is small compared to plastics, aluminum, and other popular materials, Europe’s transition to […]
According to the market research and consulting agency SNS Insider, innovations and global regulations propel the demand for smart recycling equipment amid rising industrial waste and digital transformation initiatives. The market was valued at 25.63 billion US-Dollar in 2024 and is expected to reach 48.42 billion US-Dollar by 2032, growing at a CAGR of 8.25 […]