bio-based

Bioplastics market size expected to reach USD 253.98 billion

Iranpolymer/Baspar  The bioplastics market size is estimated to reach USD 253.98 billion between 2024-2028, growing at an estimated CAGR of 39.04%, says Technavio.  Developments in bio-based and renewable raw materials drive market growth, with a trend towards consumption of bioplastics in novel applications. Increasing focus on sustainability…

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Three companies named finalists for 2024 Polyurethane Innovation Award

Iranpolymer/Baspar  Washington, DC – The Center for the Polyurethanes Industry (CPI) announced Huntsman; Incorez, a Sika Company; and Woodbridge as finalists for this year’s Polyurethane Innovation Award. The annual honor recognizes companies and individuals who have introduced new products, technologies,…

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South Korea commercializes first chemically recycled PET tire

Iranpolymer/Baspar  To reduce carbon emissions, the South Korean industrial sector has developed and commercialized the country’s first tire using chemically recycled PET. SK chemicals (CEO Ahn Jae-hyun), Hyosung Advanced Materials Co., Ltd. (CEO Cho Yong-soo), and Hankook Tire & Technology…

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ELIX Polymers chemically recycled products with sustainable feedstocks

Iranpolymer/Baspar  All of ELIX’s Circular Economy activities come under the E-LOOP brand name, with two strategic programmes from ELIX Sustainable Portfolio Solutions: Circular Plastics and Responsible Innovation. E-LOOP CR products are manufactured with sustainable and certified raw materials that incorporate…

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ADBioplastics develops industrially compostable single-use packaging for olive oil

Iranpolymer/ Baspar  The Spain-based additives and bioplastics manufacturer has created a bioplastic called PLA-Premium which it claims offers improved processability, yet, like regular PLA, is 100% compostable under industrial conditions. TÜV Austria has certified the single-use product to disintegrate within…

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PLA recycling is focus of new partnership

Baspar/Iranpolymer  Three companies – TotalEnergies Corbion, Posco International and Esol- have announced a new partnership established specifically to advance PLA recycling in South Korea. Over the coming years, the companies will work to develop the PLA recycling infrastructure and technology…

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