Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.
This week’s highlights:
- German waste management company Interzero and the Austrian oil, gas and chemicals group OMV have parnered to build Europe’s largest sorting facility for chemical recycling. Vienna-based OMV announced it will invest over 170 mullion to build Europe’s largest sorting plant to produce feedstock for chemical recycling. The facility will have a capacity of up to 260,000 tonnes per year and will be located in Walldürn, Germany. The start of production is expected for 2026. (Sustainable Plastics)
- A trio of plastics and packaging companies have collaboratively engineered a polyethylene (PE) cold-seal film that passed the Association of Plastic Recyclers (APR) test protocol for PE flexible packaging to make it eligible for the How2Recycle Store Drop-off label. The collaborators are film converter American Packaging Corp., adhesive manufacturer Bostik, and PE film producer Charter Next Generation (CNG). Brand owners will benefit from the companies’ work, as it ensures that packaging made from the new film meets recognized recyclability standards, is non-damaging to the recycling stream, and is easy for consumers to recycle. (Plastics Today)
- With no global standards, are “plastic credits” helping to reduce waste or becoming just another form of greenwashing? Companies and other entities are buying plastic credits, which allow them to offset every tonne of plastic they make with an equivalent amount of plastic waste collected and taken out of the environment elsewhere — often in poor nations lacking waste management programs. (Eco-Business)