Tag: recycled plastics

LG Sets Goal to Use Half Million Metric Tons of Recycled Plastic

Stuart Mitchell

LG Electronics has set a goal to use almost 600,000 metric tons of recycled plastic by 2030 in a concerted effort to reduce greenhouse gas emissions in the value chain. The goal is a part of LG’s larger initiative to create a take-back ecosystem for electronic waste and increase the use of post-consumer recycled materials in its consumer electronics and home appliance products. In 2020, LG used about 20,000 metric tons of recycled plastic in its products, which it plans to increase more than tenfold by 2025. While recycled plastic…

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Dow and Avangard Innovative Advance Plastic Circularity With Agreement to Supply Recycled Plastics for Dow Technologies

Stuart Mitchell

In an exclusive agreement, Houston-based waste-optimization specialist Avangard Innovative LP will supply post-consumer resin (PCR) plastic film pellets to Dow, a significant addition to Dow’s plastic circularity portfolio that is aligned with the company’s goal to advance the circular economy for plastics and minimize waste in the environment. The companies expect to begin offering Dow’s first ever PCR-based innovations later this year to North American customers who are demanding stronger sustainability profiles in targeted applications such as liners, shrink wrap and protective packaging, among others. Dow will initially use the PCR from Avangard…

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Nestlé creates market for food-grade recycled plastics, launches fund to boost packaging innovation

Stuart Mitchell

Nestlé has announced that it will invest up to CHF 2 billion (over $1.5bn) to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions. Building on its 2018 commitment to make 100% of its packaging recyclable or reusable by 2025, Nestlé will reduce its use of virgin plastics by one third in the same period whilst working with others to advance the circular economy and endeavor to clean up plastic waste from oceans, lakes and rivers. Food quality and…

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