Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.
Every Monday, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.
This week’s highlights:
- Coca-Cola, branded as one of the world’s largest plastic polluters, is taking on the plastics crisis with a recycling joint venture in Hong Kong. At full capacity, the initiative between Swire Coca-Cola, Baguio Waste Management & Recycling, and German recycling group Alba will capture most of the 5 million plastic bottles a day that the city consumes. (Bloomberg)
- Two U.S. scientists have won a 1 million euro ($1.18 million) prize for creating a food “generator” concept that turns plastic trash into edible protein. The scientists developed a way to exploit synthetically altered microbes, programming them genetically to convert waste into food. (Newsweek)
- Nearly half of all “green” claims on plastic and plastic packaging products are misleading, according to a new study by nonprofits Environmental Coalition on Standards (ECOS) and Rethink Plastic. The groups looked at 82 plastic items and found that nearly half of the statements made were unclear, untrue, or had no relevance to solving plastic pollution, while 75% of all green claims had not been verified by independent third parties. (Green Queen)