Alliance launches US$3M prize for solutions to address flexible plastics in household waste

FLEXIBLE plastic packaging waste remains one of the most challenging types of materials to process and recycle. To help solve this issue, the Alliance to End Plastic Waste (Alliance) has announced a US$3 million prize to incentivise solutions that advance a circular economy for flexible plastic packaging found in household waste. The inaugural prize aims to identify and accelerate novel solutions that enable more effective collection, processing, and recycling of flexible plastics. These solutions should also be commercially viable and replicable, to enable widespread adoption across different geographies. Innovators from…

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IBM and the Alliance to End Plastic Waste to Create Data Platform to Help Track Global Plastic Waste in the Environment

IBM and the Alliance to End Plastic Waste (Alliance) has announced IBM will join the Alliance as a Supporting Member. The Alliance is a non-profit organization that brings together a community of members from across the plastics value chain to combat the global waste challenge. As part of their work with the organization, IBM will collaborate with the Alliance to design a new data platform hosted on IBM Cloud to help track plastic waste and recovery globally. Called Plastics Recovery Insight and Steering Model (“PRISM”) by the Alliance – the…

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New global alliance commits over $1.0 billion USD to help end plastic waste in the environment; sets goal of investing $1.5 billion USD

The cross value chain Alliance to End Plastic Waste (AEPW), currently made up of nearly thirty member companies, has committed over $1.0 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the environment. The Alliance will develop and bring to scale solutions that will minimize and manage plastic waste and promote solutions for used plastics by helping to enable a circular economy. The Alliance membership represents global companies and located throughout North and South America, Europe, Asia, Southeast Asia, Africa,…

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