Recognizing that a company’s business activities can have a direct impact on the environment, Poppulo set a goal last year to educate……
Ocean Network Express (ONE) announced the successful completion of a second trial of sustainable marine biofuel onboard the M/V MOL Experience. The specifications of the second trial were different from the first trial, with the mixing ratio three times higher in biofuel content, taking ONE another step closer to reducing its carbon footprint. M/V MOL Experience was refuelled with marine biofuel during bunkering at the Port of Rotterdam, Netherlands on 7th March 2021. The vessel, deployed in AL5 service, fully consumed the biofuel 24 days into the 36-day trial period, which ended on 12th April 2021.
This morning, French President Emmanuel Macron and Eastman (NYSE:EMN) Board Chair and CEO Mark Costa will jointly announce Eastman’s plan to invest up to $1 billion in a material-to-material molecular recycling facility in France. This facility would use Eastman’s polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste that is currently being incinerated.
The investment would recycle enough plastic waste annually to fill Stade de France national football stadium 2.5 times, while also creating virgin-quality material with a significantly lower carbon footprint. Eastman is the largest investor at this year’s “Choose France” event, which is focused on attracting foreign investment to France.
This multi-phase project includes units that would prepare mixed plastic waste for processing, a methanolysis unit to depolymerize the waste, and polymer lines to create a variety of first-quality materials for specialty, packaging, and textile applications. Eastman also plans to establish an innovation center for molecular recycling that would enable France to sustain a leadership role in the circular economy.
Frank Cunha III, AIA, MBA, responds to questions: What is sustainability? How can we make sustainable development a reality?How sustainability can be measured…
In the race towards a more clean and green future, many corporations are playing an active role. Where are the world’s most sustainable companies located?