gr3n SA and Intecsa Industrial intend to produce 40.000 tons of recycled PET per year by 2027. gr3n’s unique chemical recycling technology can process PET from various industries, including textile waste, closing the loop for hard-to-recycle PET applications. gr3n today announced that its goal of being the world's leading supplier of enhanced recycled polyethylene terephthalate (PET) is closer to becoming a reality, thanks to the signing of a binding Memorandum of Understanding (MOU) … [Read more...] about gr3n will partner with Intecsa Industrial to construct Spain’s first microwave-assisted PET depolymerization plant
Packaging
New standards and the green transition: SACMI to take center-stage at Propak West Africa
Complete plants are a SACMI hallmark in Nigeria, with numerous projects already completed or in progress with some of the country's biggest players. With SACMI, they can count on a sole partner and the prompt - and profitable - adoption of new market standards that focus on sustainable packaging. The all-around plant engineering skills of SACMI are in huge demand in Nigeria, a steadily growing country where leading local and international beverage brand owners operate. Hence SACMI’s return as … [Read more...] about New standards and the green transition: SACMI to take center-stage at Propak West Africa
Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC
Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok. This facility will support Indorama Ventures’ working capital, linking the applicable margin that ratchets to the company’s well-established sustainability targets, which include greenhouse … [Read more...] about Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC