Launched in 2019 by EuPC, the European Plastics Converters trade association, with the aim of promoting the use of recycled material by plastics converters, the More seal acknowledges the commitment of companies to achieve a circular economy model.
Swiss polymer trading group Meraxis has expanded its recycling division to include regranulates from post-industrial sources (PIR) and post-consumer sources (PCI). The demand for recyclates for film applications is on the rise, the company said, especially in the packaging industry.
MJ Plastics, a privately-owned Danish company that invests in rigid packaging companies active in the plastics recycling sector, has acquired family-owned and run Emballage Vaskeriet ApS, based in Vamdrup, Jutland.
Recycling Technologies has received financial backing to the tune of €5 million from renewable solutions company Neste, and another €5 million from Mirova, a pioneer impact investor in the natural capital space and an affiliate of Natixis Investment Managers.
The IK German Association for Plastics Packaging and Films has responded today with blistering criticism to the launch of the new European Plastics Pact, characterizing it as pure ‘actionism, raising false expectations and thus doing more harm than good to the recycling industry’.
The brand new, highly ambitious European Plastic Pact – the first regional Pact to join the Ellen MacArthur Foundation’s global Plastic Pact network, cannot count the European Plastics Converters association amongst its supporters.
Can ocean plastic find application in new electronic products? Two companies, Clariant and Lavergne, a Canadian producer of sustainable engineering resin from recycled plastic, are demonstrating that it can.