Press Release issued May 18, 2020: The latest report on the Worldwide Electronic Waste (E-Waste) Recycling and Disposal market Report is the more professional in-depth of this market is providers the status and forecast, categorizes, market size (value & volume) by type, application, and region.
Li-Cycle Corp. (Li-Cycle), a leading lithium-ion battery resource recovery company, today announced that it has been named to Sitra’s Inspiring Circular Economy Solutions from Around the Globe ahead of the 2020 World Circular Economy Forum Online (WCEFonline). The WCEFonline, scheduled to run September 29 and 30, is a fully virtual event that will dive into why and how a circular economy can help to reboot and build resilience in the global economy.
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.
According a new survey commissioned by Ingredient Communications and conducted by Surveygoo, one-third of U.S. consumers and 52 percent of those in the U.K. are in support of a tax on all plastic food packaging.