Tethered Cap – UPM Raflatac’s RafCycle recycling service has earned a new certificate of validity from Dekra, a leading international assurance service provider 02-07-2024

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Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

UPM Raflatac’s RafCycle recycling service has earned a new certificate of validity from Dekra, a leading international assurance service provider

This certification affirms the credibility of RafCycle’s CO2 impact assessments in Europe and the US, enabling customers to better communicate their environmental contributions within the labeling value chain.

“With Dekra’s validated CO2 calculation method, RafCycle partners now have access to reliable information on the potential benefits of the RafCycle service.

This data assists companies in making informed decisions and effectively conveying their sustainability efforts to stakeholders,” says Juha Virmavirta, RafCycle Director at UPM Raflatac.  Tethered Cap

The global waste issue is critical, with the linear use of materials exacerbating climate change. Stricter sustainability regulations and evolving consumer preferences are driving the need for improved waste management solutions. However, there is still a significant opportunity to enhance label release liner recycling rates globally.

RafCycle by UPM Raflatac is the pioneering label release liner recycling service, aimed at optimizing label waste management and promoting a circular economy. Tethered Cap

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The World Bank has approved an additional $1.5 billion loan to bolster India’s green hydrogen market and expand renewable energy penetration

This second round of funding is aimed at promoting low-carbon energy development in India, which is essential for decoupling economic growth from emissions growth. The funding will support the creation of a robust market for green hydrogen, enhance renewable energy efforts, and stimulate financing for low-carbon energy investments.

As the fastest-growing large economy, India needs to scale up renewable energy, particularly in hard-to-abate industrial sectors.  Tethered Cap

The World Bank’s Second Low-Carbon Energy Programmatic Development Policy Operation will support reforms to boost green hydrogen and electrolyzer production, crucial for green hydrogen production. It will also promote renewable energy by incentivizing battery energy storage and amending the Indian Electricity Grid Code for better renewable energy integration.

In June 2023, the World Bank approved the first $1.5 billion for the First Low-Carbon Energy Programmatic Development Policy Operation, which supported the waiver of transmission charges for renewable energy in green hydrogen projects, issued a clear path for 50 GW of annual renewable energy tenders, and created a legal framework for a national carbon credit market.  Tethered Cap

The reforms are expected to produce at least 450,000 metric tons of green hydrogen and 1.5 GW of electrolyzers annually from FY25/26, significantly increasing renewable energy capacity and reducing emissions by 50 million tons per year.

The financing includes a $1.46 billion loan from the International Bank for Reconstruction and Development and a $31.5 million credit from the International Development Association.

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Zero Waste Europe urges comprehensive inclusion of waste incineration in EU ETS

Municipal waste incineration must immediately and comprehensively be included in the EU’s Emission Trading System, says the environmental network Zero Waste Europe in a new report.

Comprehensive, meaning electricity and heat incineration, as well as biogenic CO2, to ensure these facilities are included properly.  Tethered Cap

Developed by Equnimator, the report entitled, “Incineration in the EU-ETS: A set of suggestions for its inclusion” highlights the urgency to adopt this recommendation to achieve the EU’s climate goals.

After the European Parliament approved reforms to the ETS in 2022, a path opened to consider municipal waste incineration under its scope, but as of 1 January 2024, these facilities have only been included for monitoring, reporting, and verification purposes. They are not yet required to surrender allowances for their emissions.  Tethered Cap

The Commission is required to study the feasibility of including these facilities in the EU-ETS in July 2026, with a potential inclusion by 2028.

Janek Vahk, Zero Pollution Policy Manager at Zero Waste Europe, states: “The inclusion of incineration within the EU-ETS is long overdue.  Tethered Cap


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Coca-Cola Europacific Partners Completes Conversion to Tethered Cap Bottles in GB

Coca-Cola Europacific Partners (CCEP) GB has successfully completed the transition to attached cap plastic bottles at all its manufacturing sites, with the final switch occurring at its Morpeth site in Northumberland. The attached cap innovation involves a tether added to the ring around the bottle’s neck, ensuring the cap stays firmly attached for easier collection and recycling. Bottles feature a message on the cap, stating: “I am attached to recycle together.” Tethered Cap

Morpeth’s site can now produce 17.5 million unit cases of attached cap plastic bottles of Glaceau Smartwater annually, serving customers throughout Great Britain.

The conversion process began two years ago and involved all five of CCEP’s GB manufacturing sites: East Kilbride, Morpeth, Wakefield, Sidcup, and Edmonton. Morpeth’s Smartwater production line and Edmonton’s Oasis packaging line were the last to make the switch this spring. This initiative is part of a £7.5 million (US $9.5 million) investment aimed at reconfiguring existing production lines to manufacture plastic bottles with attached caps. Tethered Cap

Additionally, this investment has facilitated the acceleration of using 100% recycled PET (rPET) in 500ml bottles and the replacement of plastic shrink wrap with sustainable cardboard for all multi-pack cans, a transition that concluded this year.

Coca-Cola Europacific Partners Completes Conversion to Tethered Cap Bottles in GB

Technip Energies Acquires Technology from Shell to Boost Bio-Polyester Production

Technip Energies and Shell Catalysts & Technologies have announced a technology transfer agreement aimed at accelerating the commercialization of Technip Energies’ Bio-2-Glycols™ technology. This innovative technology enables the production of bio-based Mono Ethylene Glycol (MEG) from glucose, offering a sustainable alternative to fossil-based feedstocks. Tethered Cap

Traditionally, MEG is derived from fossil fuels and is used to produce various polyesters found in packaging materials, like plastic bottles, and clothing.

Through this acquisition, Technip Energies aims to offer a bio-based polyester solution, significantly reducing the carbon footprint and environmental impact by using a bio-sourced monomer. Tethered Cap

The agreement combines Shell’s research and development advancements with Technip Energies’ bio-MEG technology, enhancing efficiency and sustainability. The integrated technology will be marketed under the Bio-2-Glycols™ trademark, representing a significant step towards eco-friendly industrial processes.

Wei Cai, Chief Technology Officer of Technip Energies, expressed satisfaction with the agreement: “We are excited to propose an optimized, combined solution for producing bio-MEG, essential for various everyday applications. We anticipate rapid commercialization of our Bio-2-Glycols™ technology by 2025, contributing significantly to the net-zero challenge.” Tethered Cap

Technip Energies Acquires Technology from Shell to Boost Bio-Polyester Production

Eletrobras and Suzano, the world’s largest cellulose producer, have announced a partnership to explore the production of e-methanol from green hydrogen and biogenic CO2

This innovative fuel would be produced using green hydrogen, generated through water electrolysis, and CO2 from biomass at Suzano’s facilities.

Ítalo Freitas, Eletrobras’ VP of Commercialization and Energy Solutions, emphasized the partnership’s goal to advance sustainable energy by developing e-methanol, an essential component of future energy solutions. The research will determine the technical and economic viability of constructing a synthetic fuel production unit, known as e-fuels.

The company has signed agreements to provide renewable energy for electrolysis in Ceará, Piauí, and Maranhão. Tethered Cap

Eletrobras sees green hydrogen as a potential energy storage solution, complementing hydroelectric plants.

The companies believe that producing synthetic fuels from biogenic CO2 and renewable hydrogen has significant demand and scalability potential.

Suzano, one of Brazil’s largest biomass energy producers, plans to capture CO2 from its biomass combustion processes and combine it with green hydrogen to create clean fuel. The cellulose company’s power generation capacity is expected to increase from 1.3 GW to 1.7 GW with a new factory in Ribas do Rio Pardo.  Tethered Cap

Brazil’s paper and cellulose sector, the second-largest global cellulose producer and leading exporter, is well-positioned to excel in e-methanol production. In 2022, the sector achieved R$260 billion in revenue and produced 25 million tons of cellulose, contributing 1.3% to Brazil’s GDP and 4.3% to national exports.

Eletrobras and Suzano, the world's largest cellulose producer, have announced a partnership to explore the production of e-methanol from green hydrogen and biogenic CO2

Polymer resin – CARBIOS and Zhink Group enter official discussions for long-term partnership to build PET biorecycling industrial capacities in China 01-07-2024

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