Norwegian industry is shifting towards a greener future. But what does the transition to a greener economy really mean for industry and consumers? The Norwegian University of Science and Technology (NTNU) explained the requirements, illustrating with an example: cars. When wrecking a car, usable parts are taken out and reused. Materials that can be remelted […]
Precedence Research estimates that the global recycled metal market size will be worth around 102 billion US-Dollar by 2030 and will have a compound annual growth rate (CAGR) of 4.2 percent between 2021 to 2030. According to the information, this global market size was valued at 67.6 billion US-Dollar in 2020. The rising investments by […]
Westeria will be presenting innovations and further developments at IFAT (30 May to 3 June 2022, Messe München, Booth B6.329/428) that are designed to significantly increase speed, precision, cost efficiency and flexibility in the processing of residual materials. The focus will be on the WeKea® system, which increases efficiency and speed in the project planning […]
Closing the materials cycle for rigid polyurethane foams is the goal of a new pan-European project. The EU-funded project “Circular Foam”, coordinated by German-based polymer company Covestro, brings together 22 partners from nine countries. Within four years, the participants from industry, academia and society want to establish a complete circular value chain for raw materials […]
According to UK-based firm Fairfield Consultancy Services OPC Pvt Ltd, growing inclination toward sustainability, raising awareness of environmental conservation, and increasing public knowledge of the recovery of marketable fuel from millions of tons of plastic waste collectively create growth prospects for the plastic-to-fuel (PTF) market. Soaring adoption of plastic-to-fuel technologies to complement the existing plastic […]
According to Indian-based Fortune Business Insights, the global recycled plastics market size is projected to reach 72.6 billion US-Dollar by the end of 2026. The presence of several large-scale companies across the world will have a positive impact on the growth of the market in the coming years, the company emphasized in October last year. […]
The Saudi Investment Recycling Company (SIRC) is a wholly-owned subsidiary of the Public Investment Fund in Saudi Arabia. It calls on all local, regional, and international companies specialized in the waste management and recycling sector to register their interest in a potential partnership for developing an integrated waste management and recycling ecosystem for the city […]
In January this year, PepsiCo Beverages North America announced a 35 million US-Dollar investment with Closed Loop Partners that will create the “Closed Loop Local Recycling Fund”. According to the New York-based investment firm Closed Loop Partners, the new fund, which is dedicated to recycling, is a circular economy initiative to advance new small-scale, modular […]
According to the USA-based Institute of Scrap Recycling Industries (ISRI), this recently formed council provides a win-win connection between recyclers and global brand companies. The Brands Leadership Council was established in February this year. It aims at providing “a forum for leading consumer brands to connect with recyclers in a collaborative forum aimed to address […]
2021 was a strong year for UK-based recycling and trading Romco Group Co Ltd. In the third quarter alone, the group – consisting of Romco Recycling Company Ltd. in Nigeria, Romco Metals Ltd. in Ghana, and Romco Trading LLC in Dubai – achieved a record-breaking revenue of 9.1 million US-Dollar. Its facilities in Africa recycled […]