Press Release
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Bioplastic, Clean technology, Company initiatives, Environment, Investments, Press Release, R&D, VideoCompanies commit $1bn to new global alliance to end plastic waste
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Several top chemical and petrochemical companies, as well as consumer products companies, have formed a new organization to provide solutions to eliminate plastic waste in the environment especially in the ocean. The founding members of the organization called Alliance to End Plastic Waste (AEPW) include BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM,…
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BASF pursues ambitious carbon management program
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BASF said it is bundling its carbon management programs to continue its CO2-neutral growth strategy until 2030. To accomplish this, BASF announced continued optimization of its existing processes, gradually replacing fossil fuels with renewable energy sources and developing radically new low-emission production processes. The company recently presented as examples four projects under this program: BASF…
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US plastic bottle recycling dips in 2017
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Articles and news on plastic waste and recycling seem to be prevalent in 2018 and this will probably continue in 2019. A recent article from Reuters noted that the European Union are passing regulations on minimizing marine litter. Several consumer brands are looking at increasing their use of recycled packaging as well as minimizing the use of…
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BASF to exit from Synvina
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Bad news today as BASF notified Avantium of its exit from their Synvina joint venture effective 15 January 2019. Avantium said it continues to disagree with BASF’s interpretation of the joint venture agreement. I am not sure what exactly they are disagreeing about (technology? timing? IPs? financing?) but as one startup CEO told me, having…
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Neste expands renewables capacity in Singapore
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This news from Neste is well-timed as I just released my special report on global renewable diesel production (or what in the EU sometimes call hydrotreated vegetable oil or HVO production) in my December Biomaterials report published by Tecnon OrbiChem. Neste Corporation announced today its decision to invests around EUR 1.5 billion to expand Neste’s…
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CO2-based and Bio-based Products Innovators
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Happy Monday! This week is the start of my two-week vacation but unfortunately, I can’t stay away from blogging. Here’s one that I think is important for companies especially start-ups to look into and apply. Our colleagues at Nova Insitute is looking to award innovative technologies and products at its annual CO2-based fuels and polymers…
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Corona Launches Plastic-Free Six-Pack Rings
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Corona announced that it will pilot plastic-free six-pack rings in select markets as part of the brand’s commitment with Parley for the Oceans to lead the industry with eco-friendly packaging. The partnership began with a commitment to protect 100 islands by 2020 and expands to include the pursuit of scalable innovation that can change the…