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:
- TotalEnergies is doubling its mechanical recycling production capacity for recycled polymers in response to growing demand for sustainable polymers from customers. The company has inaugurated the extension of Synova in Normandy, the French leader in recycled polypropylene production that TotalEnergies acquired in 2019. With the extension, Synova will produce almost 45,000 tonnes of recycled polypropylene per year using mechanical recycling methods. (Dow Jones / Market Watch)
- The shortest path to circular plastics is through the chemical giants that produce them. Circular plastics are entirely compatible with the business models of the chemical companies: they take a hydrocarbon feedstock and use petrochemical processes to make plastic pellets. Switching from a fossil-derived hydrocarbon feedstock to a feedstock derived from chemically recycled plastics is no change at all. (Forbes)
- Plastic produced by humans has reached 10 billion tonnes, according to a new study by the Environmental Investigation Agency (EIA) – and around six billion tonnes are in landfills or polluting the environment. The EIA urged major exporters of plastic waste – including Germany, Belgium, France and Italy – to ban the export of plastic waste and reduce the amount of plastic they consume. (Euronews)