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Corporate environmental strategies have shifted gears from a compliance adherence to a communicative stratum to champion business resilience. To portray accountability, transparency and sustainability from cradle to end-of-life of a product is not restricted to growing demands but also fitting to businesses in terms of minimizing carbon risks, improved productivity, stakeholder loyalty and financial edge. Consequently,…

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SEE, ExxonMobil, and Ahold Delhaize USA have announced their collaboration on an advanced recycling initiative, the first of its kind in the U.S. The project recycles flexible plastics from the food supply chain and remakes them into new, certified circular food-grade packaging. The initiative is expected to begin this summer and scale over time. Food-grade…

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Toray Industries, Inc., announced that it has decided to boost production capacity by 60% for Lumirror™ biaxially oriented polyester release films for manufacturing multilayer ceramic capacitors (MLCCs). The company will invest ¥8 billion in this upgrade at the Gifu Plant. The new facilities will go online in 2025. Capitalizing on MLCC Market Expansion MLCCs are…

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Short glance on the rubber market The world of rubber is vast and expanding. In 2019 the market size stood at ~41 billion $, with a forecasted growth of 5.3% annually until 2027. Key drivers are automotive and industrial applications, using the toughness, tear resistance and low temperature suitability of rubber grades. A basic differentiation…

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Molecular Recycling for Improved Sustainability This is an important step to help reduce waste in the healthcare system and contribute to a more circular future. With this agreement, Ethicon becomes the first healthcare company to use medical-grade Eastman Renew materials in its product packaging. “The companies worked closely to chart a path toward creating a…

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Royal DSM announces that it pledges to purchase all of its electricity worldwide from renewable sources as well as further reduce greenhouse gas (GHG) emissions from its own operations faster with stringent new 2030 sustainability targets. Reducing Scope 1 and Scope 2 Emissions The new 100% renewable electricity ambition is a significant upward revision from…

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Foster Corporation’s Distribution business has been appointed as the marketing partner for AdvanSource Biomaterials, a group company of Mitsubishi Chemical. AdvanSource focuses on the manufacture and development of specialty thermoplastic polyurethane (TPU) products suited for specific application requirements. Foster’s role will entail application development, sales, and technical support, of AdvanSource products in the North American…

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Evonik is introducing a new sustainable high-performance plastic to its eCO product line. Chemically Recycled Used Tires as Raw Material In the production of the polyamide 12 elastomer (PEBA) VESTAMID® eCO E40, 50 percent of fossil raw materials are saved and replaced by a starting material obtained from chemical recycling of used tires. In addition, only…

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Royal DSM announces the completion of the sale of its Protective Materials business to Avient Corporation for an enterprise value of 1.45 billion euros. The agreement was initially announced on 20 April 2022. Transaction Covers Dyneema® Brand The transaction covers all of DSM’s Protective Materials activities, chiefly consisting of Dyneema®. DSM anticipates a book profit of around 1 billion…

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Eastman announced it has joined the nonprofit membership organization Pact Collective. Pact is made up of beauty industry stakeholders focused on improving the end of life of beauty packaging and developing solutions that drive toward circularity for the industry. Molecular Recycling Technology for Beauty-to-Beauty Recycling Eastman and Pact will work together to leverage Eastman’s molecular recycling…

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