Closed-Loop PET Tray – A novel type of plastic that possesses the remarkable ability to biodegrade completely on its own 05-09-2023
Closed-Loop PET Tray
Asia in Decline: Waning Enthusiasm for China and Escalating Inflation Concerns
In the world of Asian markets, a sense of unease hung heavy in the air on Tuesday. Chinese stocks, in particular, bore the brunt of investor anxiety, casting a shadow over the broader regional landscape. The day’s events unfolded against a backdrop of lingering concerns about China’s economic slowdown and a sagging housing sector, while inflation data from various Asian nations added fuel to fears of impending interest rate hikes.
Crude Oil Prices Trend

Crude Oil Prices Trend by Polyestertime
Evertis – Pioneering Closed-Loop PET Tray Sustainability
Introduction
Evertis is a trailblazer in the realm of sustainable PET trays, driven by an unwavering commitment to closing the loop on packaging materials. Their innovative approach, grounded in a circular integration strategy across three companies within the Group – Renascis, Evertis, and Selenis – has set new standards for the industry.
Plastic reclaimers grapple with ‘rock bottom’ pricing
Although depressed plastics prices have caused some companies to revise their earnings projections, many in the sector are optimistic about an upcoming rebound.
Recycled plastics prices are at their lowest levels in some time, putting significant strain on material processors. Meanwhile, some resin buyers are abandoning post-consumer resin to purchase virgin plastic instead. Closed-Loop PET Tray
Tomra-CEO Participates in NPAP Plastic Talks Panel
Tomra, a leading player in the recycling industry, was recently invited to participate in the National Plastic Action Partnership (NPAP) Plastic Talks in Ha Noi, Vietnam. This event brought together experts, industry leaders, and government officials to address the pressing issue of plastic pollution, particularly focusing on Vietnam’s unique challenges and opportunities in this regard. Closed-Loop PET Tray
Researchers at Michigan State University have made a groundbreaking breakthrough in the realm of plastics, unveiling a novel type of plastic that possesses the remarkable ability to biodegrade completely on its own
This remarkable achievement represents a significant step forward in addressing the global plastic pollution crisis.
The foundation of this revolutionary plastic is PLA, or polylactic acid, a bioplastic frequently employed in packaging materials.
2ND DORNBIRN-GFC 2023
13- 15 September at the Kulturhaus Dornbirn, Austria
The 62st Dornbirn-GFC will take place from September 13 – 15 at the Kulturhaus in Dornbirn. As the world’s largest fiber innovation congress, the Dornbirn-GFC is once again an important meeting place for the public
Personal interaction is possible this year, in the usual form.
Must leverage AI, enzyme-based technology for sustainability: Ashok Chaturvedi
In his keynote address at the 10th Speciality Films & Flexible Packaging Global Summit 2023, Ashok Chaturvedi, the founder, chairman, and managing director of UFlex Group, underscored the pivotal role of cutting-edge technologies such as artificial intelligence, machine learning, and enzymatic processing in driving sustainability within the flexible packaging industry. Closed-Loop PET Tray
Anticipations point towards an increase in oil prices during the latter half of this year
Most industry analysts foresee a strengthening of crude oil prices in the second half, but the notion of crude reaching the $100 per barrel mark by year-end has mostly been abandoned.
Presently, crude prices exhibit volatility, with North American diesel prices experiencing a significant upswing in recent weeks due to issues at American refineries.
Closed-Loop PET Tray