The packaging industry is facing a dual challenge, with consumers demanding sustainable solutions, while increasingly stringent regulations require greater resource efficiency in production. How can companies fulfill these expectations and, at the same time, ensure transparency along the entire supply chain? The digital product passport (DPP) could be the answer. How does it work in […]
Demand for biobased materials to be used in adhesive and sealant formulations continues to rise. The latest market reports about the biobased chemicals market project demand to translate into a compound annual growth rate within the market of between 8% to 10% over the next eight years. Studies point to growing environmental mandates from countries […]
Eastman Chemical Co. hosted investors and analysts at its headquarters in Kingsport, Tennessee, for its 2024 Circular Economy Deep Dive. During the event, attendees toured Eastman’s methanolysis operations and learned more about the company’s innovative and sustainable materials. Following the tour, executives provided an update on Eastman’s innovation-driven growth strategy, including financial projections for its […]
Covestro and Monitor Deloitte 2023 have launched a joint project entitled “Monetize Circular Economy”. This collaboration enabled Covestro to incorporate relevant methods and external perspectives into the entire development process. Covestro reports that the company is focusing on the entire value chain to create value for customers for accelerating the circular economy and also a […]
Dow recently announced the company has signed an agreement with Freepoint Eco-Systems Supply & Trading LLC (Freepoint Eco-Systems) for an estimated 65,000 metric tons per year of certified-circular, plastic waste-derived pyrolysis oil to produce new, virgin-grade equivalent plastics in Dow’s U.S. Gulf Coast operations. Together, Dow and Freepoint Eco-Systems are building a recycling system that […]
Encina, a U.S.-based producer of ISCC PLUS-certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina’s production facility, which is anticipated to come online at the end of 2027. Building upon previous sustainable […]
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