ALPLA Group joins a new consortium for chemical recycling of PET. The consortium intends to speed up the commercialisation of enhanced recycling technology, BP Infinia, which turns opaque and difficult-to-recycle PET plastic waste into recycled feedstocks.
Leading companies operating across the polyester packaging value chain – including businesses involved in the manufacture, use, collection and recycling of polyethylene terephthalate (PET) plastic packaging – announced they have formed a new consortium that aims to help to address the problem of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology.
The consortium intends to combine the capabilities and experience of its members – packaging and recycling specialist ALPLA; food, drink and consumer goods producers Britvic, Danone and Unilever; waste management and recycling specialist Remondis; and energy and petrochemicals producer BP – to develop a new circular approach to dealing with PET plastic waste.
Science-based industries join forces to address UK net zero targets
Key industrial players representing a £73 billion UK sector have signed a collaboration agreement to launch ‘Flue2Chem’ – a collaborative programme to transform the sustainability of the UK’s consumer products industry and reduce green-house gas emissions on a demonstration scale. SCI (Soci ... more
Unilever appoints Hein Schumacher as new CEO
Unilever announced the appointment of Hein Schumacher as its new Chief Executive Officer, following an extensive, global search process. Hein will replace Alan Jope, who announced in September 2022 his intention to retire from Unilever. Hein is currently CEO of the global dairy and nutritio ... more
Unilever announced that it has signed an agreement to acquire Blueair, the world’s leading supplier of innovative mobile indoor air purification technologies and solutions. Launched in 1996 in Stockholm, Blueair had a turnover of US$106m in 2015 and is a leading player in the premium catego ... more
BASF, Quantafuel and REMONDIS want to cooperate on chemical recycling of plastic waste
BASF, Quantafuel and REMONDIS have signed a Memorandum of Understanding (MoU) to jointly evaluate a cooperation in chemical recycling including a joint investment into a pyrolysis plant for plastic waste. It is intended that REMONDIS supplies suitable plastic waste to the plant, and BASF us ... more
Remondis and Neste into partnership to develop chemical recycling of plastic waste
Neste and REMONDIS have signed an agreement to collaborate in the development of chemical recycling of plastic waste. The companies will focus on developing and accelerating chemical recycling with a target to reach an annual capacity to process over 200 kilotons of waste plastic. Mechanica ... more
bp agrees to sell its petrochemicals business to INEOS
bp announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for a ... more
Industrial consortium on the way to green kerosene
A funding application for the construction of an industrial demonstration plant has been agreed by a partnership of major companies as part of a memorandum of understanding entitled “GreenPower2Jet” (GP2J). The aim of the project, after successful pre-engineering, is to build an industrial- ... more
BP, Nouryon and Port of Rotterdam partner on green hydrogen study
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity of making ‘green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO2 emission ... more
BP's chemical business is focussed on aromatics and acetyls, producing and marketing PX, PTA, acetic acid, acetic anhydride and derivatives primarliy in the US, Europe and Asia. In Germany and China, BP also produces and markets olefins and derivatives. more
