Worldwide Post-consumer Recycled Plastics Industry to 2025 - Featuring Veolia Environment, Suez & Waste Management Among Others

Prnewswire | October 14, 2020

The "Post-consumer Recycled Plastics Market by Polymer Type, Service, Processing Type (Mechanical, Chemical, Biological), End-use Application (Packaging, Building & Construction, Automotive, Electronics, Furniture, Others), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global post-consumer recycled plastics market size is projected to grow from USD 14.2 billion in 2020 to USD 18.8 billion by 2025, at CAGR of 5.7%.

Spotlight

Good news for our environment and economy: Plastics recycling in the U.S. has been growing since we began measuring in the early 1990s. Plastics makers have invested billions of dollars in plastics recycling. In partnership with brand owners, retailers, and recyclers, these investments are producing encouraging results. The volume of plastics recycled has doubled since 2009, and the demand for recycled plastics continues to grow and exceeds supply.

Spotlight

Good news for our environment and economy: Plastics recycling in the U.S. has been growing since we began measuring in the early 1990s. Plastics makers have invested billions of dollars in plastics recycling. In partnership with brand owners, retailers, and recyclers, these investments are producing encouraging results. The volume of plastics recycled has doubled since 2009, and the demand for recycled plastics continues to grow and exceeds supply.

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CHEMICAL MANAGEMENT

ReTo Eco-Solutions Subsidiary Selected as a Member of the Hainan Petroleum, Natural Gas and Chemical Industry Federation

ReTo Eco-Solutions | March 04, 2022

ReTo Eco-Solutions, Inc. a provider of technology solutions and operation services for intelligent ecological environments in China, announced today that its subsidiary, ReTo Technology Development Co., Ltd., has been selected to become a member enterprise of the Hainan Petroleum, Natural Gas and Chemical Industry Federation. The PNC Industry Federation is the first non-profit organization created by enterprises and institutions in the oil, natural gas, and chemical industries in Hainan, China whose members include enterprises, research and development institutions, and engineering design firms from these industries. The PNC Industry Federation is a platform for communication and information exchange between member enterprises. The federation not only provides support to members such as integrating upstream and downstream industry resources, offering business opportunities and standardizing the operation process, but also creates a healthier development environment for the oil, natural gas, and chemical industries and assists the government in the planning and construction of the Hainan Free Trade Port, China's largest free trade pilot zone launched in 2018 which is under construction and currently over 940,000 entities have settled in the Port including 28 Fortune 500 companies. "Since the favorable policies of the Hainan Free Trade Port have attracted many leading domestic petrochemical enterprises to Hainan, the resulting increase in demand for environmental protection solutions and services provides us a lot of business opportunities to deploy our smart environmental protection technologies. ReTo Technology Development Co. Ltd. is honored to be selected as the one of enterprise member specializing in Internet of Things ("IoT") smart environmental solutions in the PNC Industry Federation which enables us to participate in more informatization projects in Hainan and to access more resources through the federation platform. We are committed to service the federation members as well as other businesses in the oil, natural gas, and chemical industries with our advanced IoT technologies and smart environmental protection technologies." Mr. Hengfang Li, Chairman and CEO of ReTo About ReTo Eco-Solutions, Inc. Founded in 1999, ReTo Eco-Solutions, Inc., through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company offers a full range of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment, and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design, and installation for the improvement of ecological environments, such as ecological soil restoration through solid waste treatment. Through its subsidiary Yile IoT Technology Co., Ltd., a high-tech enterprise in Hainan Province and focusing on the research, development and application of IoT technologies, the Company provides products and scenario-based solutions and products for clients primarily in the automobile rental, ride sharing and logistic sectors in China.

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RAW MATERIALS

Conservation Groups Sue EPA for Failure to Adequately Protect against Oil, Methane Gas Industry

Conservation Groups | January 18, 2021

Two conservation groups have launched a lawsuit to fight the EPA’s “failure to require adequate pollution controls for the oil and methane gas industry” in Chicago and areas of California. The Center for Biological Diversity and the Center for Environmental Health point out that two Canadian provinces require that the oil and methane gas industry install zero emission pneumatic controllers. “There is no reason the EPA cannot adopt this readily available technology,” says Kaya Sugerman with the Center for Environmental Health. The EPA’s guidelines for oil and methane gas production recommend pneumatic controllers that emit volatile organic compounds, when pneumatic controllers that do not emit any of these compounds are in widespread use at production sites and compressor stations in both the US and Canada, the groups argue. “Taking action to increase the use of zero emission controllers has a co-benefit of reducing methane, a dangerous greenhouse gas that is 87 times more damaging for climate change than carbon dioxide,” the groups say. They point out that, according to the EPA’s Greenhouse Gas Inventory, pneumatic controllers are the largest source of methane from the oil industry and the second-largest source of methane from the methane gas industry.

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CHEMICAL MANAGEMENT

Green Science Alliance Developed 100 % Biomass Mark Acquired Water Based Coating Material

Green Science Alliance Co., Ltd | June 01, 2022

Environmental problems caused by population explosion such as global warming, natural resource depletion, water shortage and plastic pollution are getting severe in the world. Regarding plastic pollution issue, micro-plastics, nano-plastics are already in our human body. Therefore, plastic recycling, reduction of plastic usage itself, and biodegradable plastic application and development, are intensively carrying out. One of the reason for global warming is said to be carbon dioxide (CO2). Compared to petroleum derived chemical products, nature biomass derived chemical products can be considered as carbon neutral because plant absorbs CO2 during their growth and total CO2 emission will be 0 after they degrade after usage. Therefore, developing biomass derived chemical products is one way to reduce CO2 consumption in order to suppress global warming. The vision of Green Science Alliance is to offer actual cutting edge technology for sustainable, carbon neutral society. More precisely, those technologies are next generation rechargeable battery, fuel cell, CO2 photo conversion to chemical energy. Some of Green Science Alliance technologies are registered by the United Nation Organization and they were also selected as startup company supported by incubation programme of UNOPS GIC Japan in 2020. Green Science Alliance is also trying to replace all the petrochemical derived chemical products with nature biomass derived one. Those are 100 % nature biomass biodegradable plastic, biomass resin, biomass coating, biomass color ink etc. This time, Dr. Ryohei Mori at Green Science Alliance has developed 100 % biomass mark acquired water based coating material. When this material dries up after coating on the substrate, whole composition will be 100 % nature biomass, no petroleum. There is a trend to use more water based chemical products than using organic solvent one because some organic solvent can be harmful to the environment. Because this material is not only water base but also composed of 100 % nature biomass composition, it can be regarded as extremely environmentally friendly products.

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