Polyethylene terephthalate
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…
New Bacterial Strain Discovered for PET Plastic Degradation
October 27, 2024 – New Bacterial Strain Offers Hope in Battling Plastic Pollution The escalating issue of plastic pollution has become a pressing environmental challenge, with global plastic waste projections reaching an astonishing 33 billion tons by 2050. Microplastics and nanoplastics, due to their minuscule size and potential for biological ingestion, pose a significant threat…
PET and PVC Packaging: Understanding the Differences
October 27, 2024 – Navigating the world of packaging materials can often feel like a daunting task, especially when faced with popular options like PET (polyethylene terephthalate) and PVC (polyvinyl chloride). Each material boasts its unique set of advantages and disadvantages, making the decision-making process all the more crucial. This article delves into the intricacies…