Covestro and bp sign long-term supply agreement for solar power in Spain
Polymer materials manufacturer Covestro and bp have signed a long-term power purchase agreement for renewable energy from a solar power plant in Spain. The 10-year agreement increases the share of renewable energy in Covestro’s total electricity consumption in Spain from less than 10 percent to approximately 30 percent. Covestro is thereby taking another important step…
Coca Cola Partners With Merlin Entertainments To Offer The Chance To Win Vip Experiences For Recycling Empty Plastic Bottles
This summer, for a third consecutive year, thrill seekers will be in with a chance of winning VIP experiences at some of the UK’s best-known family attractions in exchange for simply bringing along an empty 500ml plastic bottle and recycling it at one of the specifically designed reverse vending machines across Merlin Entertainments UK attractions….
BASF powers up its Automotive OEM Coatings operations with 100% renewable electricity in China
BASF’s Coatings division has successfully renewed its agreement to procure 100% renewable electricity at its automotive OEM coatings manufacturing operations in Shanghai, China. Through a combination of Renewable Direct Power Purchase (R-DPP), International Renewable Energy Certificates and other measures, the company will continue to power its BASF Shanghai Coatings Minhang and Caojing sites, as well…
Pingtang County Signs Key Agreement with Zhongnenghua for Calcium-based Materials Project
On July 15th, Pingtang County, Guizhou, witnessed the official signing ceremony between Zhongnenghua (Guizhou) Mineral Resources Development Co., Ltd. and local authorities, marking a significant step towards advancing the construction of Pingtang County’s Calcium-based Material Rich Ore Fine Mining and Resource Deep Processing Demonstration Base. This project, a key investment by a central enterprise, is…
China Hubei Hengxin Plastics Transforms Waste Plastic Bottles into Valuable Resources
【Color Masterbatch Industry Network】News on July 19, Hubei Hengxin Plastics Co., Ltd. demonstrated how waste plastic bottles can be turned into treasures in Hanchuan City, attracting much attention. By introducing cutting-edge equipment and technology, the company has successfully converted waste plastic bottles into recycled products such as industrial electronic films and food packaging boxes, allowing…
New Harmony Invests Billions to Forge a Nylon New Material Industry Chain in Tianjin
New Harmony recently unveiled a major investment plan to construct a nylon new material project in the Tianjin Nangang Industrial Zone. The company’s board of directors has approved this initiative, and a corresponding Investment Cooperation Agreement has been signed with the Tianjin Economic and Technological Development Zone Management Committee. The estimated total investment for this…
A Global Perspective on the Impact of Technology in Modern Society
The utilization of recycled materials in the automotive industry is gaining increasing attention worldwide. Recently, the European Commission proposed that by 2030, new cars must incorporate at least 25% recycled plastic, with 6.25% originating from end-of-life vehicles. Similarly, in March 2024, China’s State Council released the “Action Plan for Promoting Large-scale Equipment Renewal and Consumer…
Breaking News: Key Updates on the Global Situation
BASF has recently launched Tinuvin® NOR® 211 AR, a novel heat and light stabilizer designed to assist film producers and converters worldwide in navigating the complexities of plasticulture – the utilization of plastic materials in agricultural applications. This high-performance stabilizer is crafted to preserve and extend the lifespan of agricultural plastics, particularly those requiring resistance…
Cabot Unveils Two New Sustainable Black Master Batch Products
June 24, 2024 – Cabot Corporation has recently announced the launch of two new REPLASBLAK® universal black master batch products, both incorporating sustainable materials that have been certified by ISCC PLUS (International Sustainability and Carbon Certification). These novel offerings, introduced through Cabot’s EVOLVE® sustainable solutions technology platform, underscore the company’s dedication to providing sustainably certified…