Coperion’s Post

Alpla reports strong growth in Africa with €4.7B turnover amid material and cost reductions Alpla reports that it closed the financial year in 2023 with a turnover of €4.7 billion (US$5.1 billion) as it expanded its pharmaceutical products and recycling capacities. Lower material and energy costs paired with exchange rate factors resulted in a moderate drop in turnover compared to the previous year, while value-added remained stable. There was strong growth in Africa, while demand was weaker in North and Central America and China. Alpla says it is on track to use 25% recycled materials in its products. #handasconsulting #unlockingafrica #raymondchimhandamba #packaging #recycling #plasticrecycling #Africa #Africapackaging https://rb.gy/p52wvh

Panel Discussion Success: Paving the Way for Bioplastics! Exciting times at the expert panel on "The Role of Biodegradable and Biobased Plastics in the Circular Plastics Model" organized by VietnamPlas - Vietnam Int'l Plastics and Rubber Industry Exhibition where I had the privilege to speak for TURN GREEN and introduce GPS PLAS's groundbreaking BioFlex Revolution A biobased and biodegradable plastic made in Vietnam! Key Panelists: Mr. Vinay Bhardwaj - Country Head & Vice Chairman, Indorama Ventures Vietnam Ms. Phuong Le (Lina) - Director, THINH VUONG PLASTIC CO., LTD Mr. Thong Le- CEO, Lagom Vietnam Together, we delved into the evolving trends, regulatory frameworks, and market dynamics across the US, EU, and Asia for bio-based and biodegradable materials. Here’s what stood out: Innovation in BioFlex: Biobased, biodegradable, and only 15% more expensive than traditional plastics. Our innovation is setting the pace for sustainability in plastics. Strategic Insights: We discussed the dual-edged sword of opportunities and challenges. The focus was clear – to foster a strategic approach for businesses to not just survive but thrive in this green transition. Sustainability Challenges: There’s a pressing need to enhance production processes, reduce costs, and avoid greenwashing. The panel highlighted the importance of rigorous standards to ensure bioplastics genuinely contribute to sustainability. A heartfelt thank you to CCX Partners and Chan Chao International for orchestrating this insightful seminar. The collective spirit to advance sustainability in the plastics and rubber sector was palpable and inspiring. The Future is Bioplastic: We must continue to innovate and refine our processes. Price competitiveness is crucial for widespread adoption. Vigilance against greenwashing through strict standards is essential. I am optimistic about how our discussions will spur real-world action towards a sustainable future in the plastics industry. Let's keep pushing the boundaries of what's possible with bioplastics! #BioFlex #Sustainability #CircularEconomy #TurnGreen #GPSPLAS

GS Caltex and LG Chem enter into MOU for Collaboration on Biodegradable Materials GS Caltex and LG Chem have embarked on a pioneering venture to initiate the world’s first commercial-scale production of next-generation biodegradable plastic materials. The collaboration was formalized through a memorandum of understanding signed at LG Chem’s research and development facility in Seoul, marking a significant milestone following their 2021 joint development agreement. This venture capitalizes on their recent success in establishing a pilot plant for 3-hydroxypropionic acid (3HP), a plant-based key ingredient for creating biodegradable plastics, at GS Caltex’s facility in South Jeolla. Equipment and machinery used in these processes often require KCs Certification (for machinery) or KGS registration (for pressure vessels) in order to be approved for import and use on the Korean market. The companies aim to kickstart prototype production of 3HP by early next year, setting the stage for commercial production.This strategic alliance explores the possibility of joint ventures focused on the application of 3HP in various eco-friendly materials. 3HP, derived from plant materials via microbial fermentation, is recognized for its potential to replace petroleum-based plastics with its biodegradability and versatile applications, including in products like diapers and carbon fibers. The partnership leverages GS Caltex’s expertise in separation technology and LG Chem’s fermentation processes to champion the development of sustainable materials, aiming to bolster their environmental, social, and governance (ESG) credentials and drive the commercial success of innovative, high-value products. Both companies are committed to leading the charge in environmental sustainability, aiming to contribute significantly to global efforts towards achieving net-zero emissions by 2050. #KCcertification #KoreaCertification #KCkorea #KoreanStandards #ProductCertificationKorea

Advancing the Circular Economy: British Investment in Magpet Polymers British International Investment has made a significant move toward boosting the circular economy in India by committing INR 205 crore to Magpet Polymers Pvt. Ltd. This groundbreaking step not only underscores the importance of sustainable practices in plastic waste management but also marks a significant milestone for Magpet, India's first PET circular enterprise. As environmental concerns continue to rise globally, such contributions are crucial to fostering a greener future. Magpet Polymers, a pioneer in innovative sustainable solutions, is poised to utilize this investment to enhance its production capabilities and expand its reach within India. This funding supports their mission to mitigate plastic pollution and exemplifies the potential for scalable environmental impact. The collaboration with British International Investment stands as an exemplary model of international cooperation tailored to tackle pressing environmental challenges. The investment signals a transformative phase for India's plastic industry, encouraging other enterprises to adopt sustainable practices. By accelerating the circular economy, significant strides can be made towards reducing environmental footprints while promoting sustainable growth. How do you see the role of international investments in shaping sustainable industries and scaling eco-friendly innovations? #CircularEconomy #SustainableInvestment #PlasticWasteManagement #InternationalCooperation #GreenInnovation #MagpetPolymers

🎙Ravindra Paruchuri, Co-founder and Managing Director, Srichakra Polyplast (India) Pvt Ltd, talks about the ways in which the company has benefitted by being a signatory to the Pact.    👥Signatories of the Pact, through four ambitious and time-bound targets, commit to achieving a common objective of creating a world where plastic is valued and doesn't pollute the environment.    🤝The India Plastics Pact is a voluntary business initiative that is bringing together stakeholders from across the plastics value chain to create a circular economy for plastic packaging in India.   ⛳Join the Pact today and be a part of this journey.    🌐For more information, visit www.indiaplasticspact.org or write to us at ippaction@cii.in.    #IndiaPlasticsPact #CircularEconomy #TimeToActIsNow #TogetherWeCan   Confederation of Indian Industry || CII-ITC Centre of Excellence for Sustainable Development

🚨 PRI 2024 is Almost Here—Only 5 Days Left! 🚨 The countdown is almost over! Plastics & Rubber Indonesia 2024 is just around the corner! 🎉 This is your chance to connect with industry leaders, discover groundbreaking innovations, and stay ahead of the latest trends shaping the future of the industry. Whether you're looking to expand your network, explore sustainable solutions, or witness cutting-edge technologies, this is the event you can't miss! ❗ Don’t wait! Pre-register now to secure your spot! Scan the QR code and be part of the action. 🔗 https://lnkd.in/g3mHcA9n #H5PRI2024 #CountdownToPRI2024 #plasticsandrubberIndonesia #plasticsandrubberIndonesia2024 #PRI2024 #plasticsindustry #exhibition #sustainableplastics #plasticsrecycling #innovation #networking #sustainability #pameranplastik #pamerindo

🌐 Expanding Horizons in Plastic Recycling: SABIC and Pashupati Group Forge New Paths SABIC, a global leader in the chemical industry and Pashupati Group, an esteemed Indian recycler of plastic waste announced a new partnership marking a significant step towards enhancing recycling capabilities and promoting circular economy solutions in India. ♻️ ➡️ Shared Expertise: Both SABIC and Pashupati Group will exchange best practices and knowledge to refine the processing of used plastics, blending virgin and recycled polyolefins to create both compounded and non-compounded products that uphold high standards of quality and functionality. ➡️ Advanced Recycling Initiatives: The MoU includes an innovative project to transform used plastic into pyrolysis oil. This oil will serve as a feedstock for SABIC to produce certified circular polymers, achieving the same performance characteristics as virgin plastics. ➡️ Circular Economy Leadership: This collaboration not only supports the transformation of India’s plastics economy but also integrates with SABIC’s global efforts to expand its TRUCIRCLE™ portfolio. This partnership embodies the commitment of both SABIC and Pashupati Group to the principles of the circular economy and underscores their role as leaders in fostering sustainability within the industry. 🙌 #circulareconomy #sustainability #innovationinplastics #ktradefair #k2025

📣 Extremely excited and privileged to share that Mr. Murray Hyde, Co-Founder & Asia Lead of PlastX , will be joining and speaking at the upcoming ASEAN Circular Plastics Summit 2024 on the topic "Changing the Post-Consumer Plastic Waste Supply Chain in Asia" elaborating on PlastX 's role and the paradigm shift in Recovery, Recycling & Reuse. 🎋 Murray Hyde is Chief Commercial Officer, Co-Founder and Asia Lead at PlastX. PlastX is digital and physical supply chain that directly addresses the market failures that thwart circularity in South and East Asia. 🎗 Prior to focusing on everything Commercial, Murray was Chief Operating Officer at PlastX. Focusing primarily on the countries of ASEAN, where the need is greatest, PlastX turns waste streams into robust business opportunities - empowering marginalised workers; helping brands achieve sustainability; and helping to rid the planet of the scourge of plastic ‘waste’. ✨ In 2024, Murray is working to expand PlastX across Malaysia and a number of markets across the SEA region, including Viet Nam and the Philippines. Stay tuned for more by following Circular Plastics World and clicking https://lnkd.in/eGiWBm73 #recycling #recovery #reuse #plasticscircularity #malaysia #vietnam #philippines #plasticsrecycling #PCR #wastemanagement #supplychain

Latest news: Keeen Biotech Group and Maguro Group Pub Co., Ltd join the plastic neutral community Corsair announce new partnerships with KEEEN BIOTECH GROUP LIMITED, a leading expert in sustainable industrial management and biotechnology applications, and MAGURO Group Public Company Limited https://lnkd.in/dc75MZfJ, a Japanese-inspired restaurant franchise with 21 branches and 800 employees under the MAGURO, SSAMTHING TOGETHER, and HITORI SHABU brands. Corsair will collect plastic waste from the two companies’ facilities and restaurants, to be chemically recycled into Advanced Bio-oil at the Corsair Groups two recycling facilities in Bangkok. This collaboration aims to enhance the quality of industrial waste management, promote eco-friendliness, and help reduce industry costs. This collaboration will contribute significantly to creating a cleaner, more sustainable future for all. #Corsair #CorsairGroup #CSR #Amplivo #CorsairNow #corsairinternational #PlasticNeutral #pyrolysis #PlasticPyrolysis #cleantheocean #plasticpollution #letscleantheplanet #cleantheworld #cleanerfuture #PlasticCredit #plasticfootprint #JussiSaloranta #JussiVeikkoSaloranta #ESG #environment #recycling #certifiedplasticneutralMalta

Azelis is well-known as a leading innovation service provider when it comes to the specialty chemicals and food ingredients industry and this company has formed a distribution agreement with allnex, who is a global leader in industrial coasting resins and additives. This distribution agreement will take effect in Indonesia and it will involve Azelis distributing allnex’s range of additives which can be used for coatings, adhesives, sealants and elastomers (CASE) segment. The article below depicts how two companies plan to expand their market, develop the greener manufacturing movement and bring Indonesia into the process. This plan will benefit multiple different parties and it will be a huge step forwards for both companies. Follow our LinkedIn page for the latest insights and industry news, on everything within the #greenermanufacturing #sustainablematerials #sustainablechemicals #plasticwastefree sectors; and for the latest updates on our 2024 shows. There will also be 2 new standalone additions to The Greener Manufacturing Show & Plastic Waste Free World next year – Sustainable Materials Expo & Sustainable Chemicals Expo (Cologne, 13-14 Nov)! #4eventsin2024 #industrynews #sustainability #closetheloop #TGMSE2024 #SCHLE2024 #SMTRE2024 #PWFWE2024 https://lnkd.in/eJUuNbth