Polyethylene terephthalate
The Role of Color in PET Bottle Recycling: Trends and Applications
November 25, 2024 – The color of PET bottles plays a pivotal role in determining their recycling value, as revealed by recent data from the Plastic Recycling Branch of the China Synthetic Resin Association. The data indicates that clear, colorless bottles dominate the market for PET drinking water bottles, accounting for a staggering 72% of…
Debunking Myths About PET Bottles: An In-Depth Analysis
November 19, 2024 – Unveiling the Truth: Debunking Common Misconceptions About PET Bottles In today’s environmentally conscious world, PET bottles have often been the subject of misunderstandings regarding their eco-friendliness and safety. It’s time to set the record straight and provide a comprehensive, accurate understanding of PET bottles. Firstly, the misconception that glass bottles are…
Revolutionizing PET Bottle Recycling: Coca-Cola and Amut’s Collaborative Effort
November 19, 2024 – Coca-Cola Takes Bold Steps Towards 2025 Sustainability Goals with Reduced PET Usage Coca-Cola is making significant strides towards its 2025 sustainability targets, aiming to drastically cut down on PET usage. In a move that underscores both environmental commitment and packaging resilience, the company plans to eliminate the equivalent of nearly 800…
Intco Recycling Updates on Malaysian rPET Project Progress and PET Performance
November 18, 2024 – Intco Recycling Provides Insights into Malaysian rPET Project and PET Performance Intco Recycling (688087.SH) has recently addressed investor inquiries regarding its 100,000-ton rPET capacity project in Malaysia and the performance of its already established 50,000-ton PET project. The company provided a detailed response on November 15th via an investor interaction platform….
Revalyu’s Ambitious Expansion: A Boost for PET Circular Economy
November 15, 2024 – Revalyu Resources, a global leader in chemical PET recycling, has announced the official opening of its second PET recycling plant in Nashik, India. This significant milestone not only highlights Revalyu’s strategic layout in the global PET recycling market but also substantially boosts its production capacity to meet worldwide customer demands. Currently,…
Egypt Steps Up Sustainability Efforts with New PET Recycling Initiative
November 13, 2024 – Egypt Takes a Bold Step Towards Sustainability with $20 Million PET Recycling Facility In a groundbreaking collaboration, the Nile River Recycling Company and the Master Development Company (MDC), an industrial developer, have recently signed an agreement to build a $20 million polyethylene terephthalate (PET) recycling facility within the Sokhna Integrated Industrial…
Suntory Partners with Seven Companies to Create Sustainable Bio-Paraxylene PET Bottles
November 07, 2024 – Global Beverage Giant Suntory Unveils World’s First Commercial Bio-Paraxylene PET Bottles from Waste Cooking Oil In a groundbreaking move, Japanese beverage conglomerate Suntory has announced the launch of PET bottles produced using bio-paraxylene derived from waste cooking oil, effective November 2024. This innovative initiative marks the debut of the world’s first…
Asia’s Rise in the Global Bottle-Grade PET Industry
November 04, 2024 – The global bottle-grade PET industry is undergoing a significant transformation, with its focal point gradually shifting from Europe and the United States to Asia. As the industrial restructuring deepens, Asia has emerged as a hub for new and expanded bottle-grade PET projects. Despite limited growth in global polyester bottle chip capacity…
Suntory Unveils World’s First Bio-P-Xylene PET Bottle in Japan
October 30, 2024 – In a groundbreaking move, Japan’s Suntory Group has announced the launch of an innovative PET bottle made from bio-p-xylene derived from waste cooking oil, starting November this year. This marks the debut of the world’s first commercially available PET bottle utilizing bio-p-xylene, a material that significantly reduces carbon dioxide emissions compared…
Collaborative Milestone: Rewind®PET Process Package Patent Hits Global Market
October 28, 2024 – In a collaborative move that signals a significant advancement in the field of PET recycling, Japan Environment Planning Agency (JEPLAN), Axens, and IFP Energies nouvelles (IFPEN) have jointly announced the global launch of their comprehensive Rewind®PET process package patent. This milestone marks a breakthrough achievement for the partners within the scope…