Market

Global Recycling Day, taking place on 18th March 2019, has inspired a host of events and initiatives across the world to raise awareness of the importance of ‘Recycling into the Future’ (this year’s theme) for the wellbeing of the planet.

Manufacturing entrepreneur Chris Graff has announced the official launch of the NYC Curb-To-Market Challenge (CTMC), a contest offering a $500,000 prize for the best idea and business plan to repurpose New York City’s recyclable waste and locally manufacture a product to sell in the New York City market.

For every nickel bottle or can deposit that California consumers pay in the grocery store checkout line, they only get back 2.65 cents, or 53%, of their deposit, according to an investigative report on the state’s beverage container recycling system.

At the IARC 2019, Johann Prammer will be providing an overview of technological trends for processes and materials up to the year 2050. Before the conference we had an opportunity to talk to him and in an interview he told us about current major trends and how he sees the role of the circular economy.

“We have been working with Amut for a number of years to develop an excellent technological and yet economical solution to meet our high standards for r-PET flakes. AMUT is a proven machinery and technology manufacturer that has demonstrated how to best meet our goals and objectives” stated Mr. Yash Awasthi, Vice President of Indorama Ventures North American Operations regarding this project.

WRAP and OPRL (On-Pack Recycling Label) today announced a strategic partnership which sets out how the two organisations will work together towards meeting the UK’s recycling targets.

20,000 tons of virgin PET is imported to New Zealand annually. New Zealand government’s Waste Minimization Fund supports the project to reduce that environmental harm.

According to Zero Waste Europa, Spain’s second largest area just released its Zero Waste strategy plan with clear objectives
for 2025.

The European Recycling Industries’ Confederation (EuRIC) has to announce the creation of the European Plastics Recycling Branch (EPRB).

World crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) was 146.7 million tonnes (Mt) in January 2019, a 1.0% increase compared to January 2018.

Unlocking the full potential of the circular economy to tackle the climate challenges – this is the objective that drives 750 attendees from more than 60 different countries during the World Resources Forum 2019 (“Closing Loops – Transitions at Work”).