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IDTechEx | July 06, 2022
One of the major environmental issues facing the planet is the rising levels of plastic consumption and waste. According to a recent OECD study, the world produced 460 million tonnes (Mt) of plastics in 2019 and consumption will continue to rise despite an expected increase in recycling technologies deployment. As carbon dioxide emissions also soar, the emerging carbon capture and utilization industry propose a solution for both issues: creating lower-carbon, degradable polymers u...
PureCycle Technologies | July 30, 2021
PureCycle Technologies, Inc. has agreed to establish its first U.S. cluster plant to make ultra-pure recycled polypropylene (rPP) from waste polypropylene with The Augusta Economic Development Authority (PP). The 200-acre site at Augusta Corporate Park will produce over 80 manufacturing jobs, with an initial $440 million investment largely funding three lines with a capacity of 130mm pounds during Phase 1 of the project. Augusta-Richmond County was chosen because of its feed and product delivery...
ReMo Energy | July 15, 2022
ReMo Energy, an innovator and manufacturer of industrial materials through the use of renewable energy in lieu of fossil fuels, today announced that it has raised an additional $5.25M Seed round led by early growth fund AiiM Partners, with participation from Breakthrough Energy Ventures, Darco Capital and other strategic angel investors. ReMo Energy is accelerating the decarbonization of industrial materials, including ammonia, fuels, and polymers - altogether a trillion-dollar ma...
WIZM | February 01, 2020
3M has been subpoenaed by a federal grand jury in connection to discharges from a chemical plant in northern Alabama that may not have complied with permit requirements. Michael Roman, the Minnesota-based company’s CEO, announced the subpoena during an investor conference call Tuesday, WHNT-TV reported. The company faced lawsuits and public scrutiny last year after it was accused of releasing chemicals from its factory in Decatur into the Tennessee River without disclosing its actions. Read More
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