Plastics
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Norfund approves US$12.85M financial backing to plastic recycling companies in Nigeria and Ghana
WEST AFRICA – Norfund, a development finance institution has approved US$12.85 million investments in plastic recycling in Africa in Nigeria and Ghana. Norfund has committed…
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Barclays forges partnership with CLUBZERØ offers reusable cups service at Wimbledon
UK – British multinational universal bank, Barclays has inked a deal with CLUBZERØ to offer an on-site reusable cups program at the Wimbledon tennis championships.…
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Berry Global rolls out NordiVent FFS film to help clients meet sustainability goals
EUROPE – Berry Global’s European flexible films arm has introduced a new generation of its patented NorDiVent form-fill-seal (FFS) film with up to 50% recycled…
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UKRI allocates £6M funding to support plastics research projects over three years
UK – The UK Research and Innovation (UKRI) public body has revealed plans to provide £6 million (US$7.81m) in funding to support five new three-year-long…
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PepsiCo India unveils Pepsi black bottles made from 100% recycled plastic
INDIA – Global consumer packaged goods company, PepsiCo India has revealed plans to launch India’s first-ever 100% rPET (recycled plastic) bottles in the Carbonated Beverage…
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Uganda beverage companies join forces to fight plastic waste
UGANDA – Beverage companies in Uganda have signed letters of intent that jointly seeks to establish the Producer Responsibility Organization (PRO), a non-profit, industry-driven and…
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Masdar Energy invests US$10M to launch plastic treatment plant in Morocco
MOROCCO – UAE-government-owned renewable energy company, Masdar Energy has announced plans to set up a plastic treatment plant in Morocco. The industrial venture will be…
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Nigeria’s president suspends new 10% plastic tax to cut costs
NIGERIA – Nigeria’s President Bola Tinubu has ordered the suspension of a newly introduced 10 percent tax on single-use plastics and excise duty on some…
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India surpasses global averages of plastic recycling rate: Piyush Goyal
INDIA – India’s plastic recycling average rate has surpassed the global average of 9% and that of some developed economies, according to the country’s Commerce…
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Arla Foods, Blue Ocean Closures develop fiber-based caps for milk cartons
DENMARK – Dairy firm Arla Foods has joined forces with Blue Ocean Closures, a Swedish start-up specializing in sustainable closures, to develop a new cap…