Plastics Industry UK university launches cutting-edge plastics research group / Revolution Plastics Institute to “lead the way towards a world free from plastics pollution” March 11, 2024 by plasticsinfomart The UK University of Portsmouth said it has created a Revolution Plastics Institute to develop what it calls solutions-focused research that will speed up the transition towards a sustainable plastics future. The creation of the new institute follows in the wake of the success of the university’s Revolutions Plastics initiative. That began in 2020, and over the past […] Read more »
Industry News Mura Signs Offtake Agreement With Neste For Plastic Waste Feedstock March 11, 2024 / March 11, 2024 by plasticsinfomart Mura Technology, an innovator in next generation advanced plastic recycling solutions, announced the signing of a product offtake agreement with Neste. Neste will convert ISCC PLUS accredited products from Mura’s first commercial-scale site in Teesside, Northeast England, into feedstock for the production of new plastics, replacing the need for fossil resources. This first site is set to commence operations […] Read more »
Market News Injection Molded Plastics Market worth $571.23 billion by 2030, growing at a CAGR of 6.07% March 9, 2024 / March 11, 2024 by plasticsinfomart The “Injection Molded Plastics Market by Raw Material (Acrylonitrile Butadiene Styrene, High Density Polyethylene, Polypropylene), Application (Automotive & Transportation, Building & Construction, Consumables & Electronics) – Global Forecast 2023-2030” report has been added to 360iResearch.com’s offering. The Global Injection Molded Plastics Market to grow from USD 356.38 billion in 2022 to USD 571.23 billion by […] Read more »
Industry News Plastic Packaging Anti-Plastic Rhetoric Could Pose Threat to Plastic Packaging Industry March 9, 2024 / March 11, 2024 by plasticsinfomart The LDPE recycler said the recent rush to alternative packaging formats often ignores the lightweight, durable and hygienic properties of plastic in favour of packaging mediums that are perceived to be more sustainable, but which may in fact have a greater environmental impact. “As consumers, we have all seen the recent shift from plastic to […] Read more »
Plastic Recycling MOL, Idemitsu Kosan launch VLCC plastic recycling demo test March 6, 2024 / March 6, 2024 by plasticsinfomart The demonstration test will be conducted on the VLCC Suzukasan chartered by the Idemitsu Tanker Co., Ltd., a subsidiary of Idemitsu Kosan, from MOL. Idemitsu Kosan subsidiary Chemical Recycle Japan Co., Ltd. will use the VLCC waste plastic as raw material, produce generated oil by its technology of recycling of used plastics into oil. Idemitsu […] Read more »
Machinery News North American Plastics Machinery Shipments Finish 2023 Down March 6, 2024 by plasticsinfomart The Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES) released fourth quarter shipment data for primary plastics machinery, covering injection molding and extrusion activities in North America. Initial estimates of $348.1 million for the final three months of 2023 reflect a 0.4% decrease from the revised figure of $349.6 million in the preceding quarter. […] Read more »
injection molding machine New Hybrid, All-Electric and Vertical Injection Molding Machines March 6, 2024 by plasticsinfomart LS Mtron’s 10 machines and 13,500-ft2 NPE2024 booth — triple the space it occupied in 2018 — will feature multiple new injection molding machines spanning an array of markets and process technologies. The company will also have machines at the booths of show partners Yushin and Incoe. Targeting the electric vehicle (EV) battery market, the company’s […] Read more »
Plastic Packaging Aldi Tracks Flexible Plastic Packaging Using AI Technology March 2, 2024 / March 2, 2024 by plasticsinfomart Aldi is using artificial intelligence (AI) to track the journey of flexible plastic packaging collected from the public via front-of-store collection points. The eco2Veritas AI-powered system, developed by Greenback Recycling Technologies, tracks and certifies the amount of flexible plastic collected, shows how much of it is sorted and into which polymers, and how much is reprocessed […] Read more »
