New investment to support modernization and scaling of waste infrastructure to improve the economics and efficiency of recycling. AMP Robotics Corp. (“AMP”), a pioneer in artificial intelligence (AI), robotics, and infrastructure for the waste and recycling industry, has raised $91 million in corporate equity in a Series C financing, led by Congruent Ventures and Wellington […]
The aim is to create an integrated mechanical and chemical recycling solution for plastic packaging waste. Luxembourgian Circular Resources Sàrl, a company established to provide a one-stop-shop for the recycling of plastic waste, has acquired Germany-based DSD – Duales System Holding GmbH & Co. KG and the group of companies with “Der Grüne Punkt” (or […]
In July, the University of Portsmouth announced a new resource to help tackle plastic pollution on land and in the ocean. As reported, the Global Plastics Policy Centre (GPPC) online platform is the latest development from the University of Portsmouth’s Revolution Plastics research initiative. “Free to all, it is a ‘one-stop shop’ of independent, evidence-based […]
Aqua Metals, Inc., an innovator in metals recycling with its AquaRefining technology, and Dragonfly Energy Corporation, a leading manufacturer of deep-cycle lithium-ion batteries, have announced they have entered into a non-binding letter of intent (LOI) for Aqua Metals to supply lithium hydroxide to Dragonfly. Under the LOI, Dragonfly would purchase commercial quantities of lithium hydroxide […]
Polish company ML Polyolefins was recognized – together with its partners – with an award for regranulate with a rubber filling. During the International Fair for Plastics and Rubber Processing PLASTPOL, which took place in May, the winners were presented. The award in the category “Plastics Processing Technologies” went to ML Polyolefins together with the […]
Swiss company Tyre Recycling Solutions SA (TRS) will use the compounding technology of Swiss manufacturer BUSS to transform powder products obtained from recycled end-of-life tires into compounds at an industrial scale. According to TRS, its performance materials – which require a specific, proprietary compounding process of TPE (Thermoplastic elastomers) and TPU (Thermoplastic polyurethane) based resins […]
Turmec, an international provider of waste processing and recycling solutions, has been awarded a 30 million Euro contract to design, build and install a state-of-the-art construction waste processing solution for Australian company Rino Recycling at its Pinkenba facility near Brisbane (Queensland). According to Ireland-based Turmec, the new project will be one of the largest construction […]
According to a new report by Future Market Insights (FMI), the global paper packaging market is estimated to expand at a CAGR (compound annual growth rate) of 4.1 percent and reach 463.4 billion US-Dollar by 2028. Future Market Insights suggests that the growing consumption of packaged food and consumer goods will boost the demand for […]
Norsk Hydro’s majority-owned Slovalco aluminum facility in Slovakia has decided to close the primary aluminum production at the plant in September this year. The international active industrial company headquartered in Norway was reporting that Slovalco’s decision came in response to adverse framework conditions and high electricity prices, “which show no signs of improvement in the […]
The addition of plastic to the Basel Convention’s Prior Informed Consent (PIC) procedures has prompted calls for a review of the way the Convention is structured, its effectiveness and future direction, BIR’s E-Scrap Committee heard at its Dubai World Recycling Convention on 18 October 2022. In his presentation on the US perspective on PIC, Fred […]