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October 26, 2023
Circular Economy
Circular economy tech company scales up with additional €40 million
LYON, FRANCE: Mecaware, a producer of strategic raw materials from end-of life-batteries and scrap metal, has secured €40 million from investors and the French government for the industrialization of its patented recycling metals process. Founded in December…
September 20, 2023
Circular Economy
Airbus team develops carbon capture technology
MUNICH: An Airbus team of two engineers and a developer has been shortlisted to win the 2023 German Future Prize (Deutscher Zukunftspreis) with their Direct Air Capture (DAC) technology designed to remove CO2 from the atmosphere. The Airbus team’s entry is an…
April 29, 2022
Circular Economy
Consumer brands demand clarity on recycled plastics
STOCKHOLM: A report by the International Chemical Secretariat (Chemsec) from interviews with 26 global brands suggests companies want to recycle more plastic but the supply as well as information on the content, quality, functionality and price is lacking.…
April 05, 2022
Circular Economy
Carbon storage technology raises an additional US$850 million
ICELAND: Climeworks, the carbon capture technology company, has raised an additional US$650 million in equity to expand its Iceland-based storage facility that opened in September last year. The financing is co-led by Partners Group and Singapore’s sovereign…
March 04, 2022
Circular Economy
UN members agree mandate on plastic pollution treaty
NAIROBI: The UN Environment Assembly has endorsed a resolution to end plastic pollution and pass a legally binding treaty by 2024. Plastic production rose from two million tonnes in 1950 to 348 million tonnes in 2017, becoming a global industry valued at…
February 22, 2022
Circular Economy
Plastic waste – more than a drop in the ocean
PARIS: According to the OECD’s first Global Plastics Outlook study, despite bans and taxes on single-use plastics in more than 120 countries, the growth of recycled plastics from 6.8 million tonnes in 2000 to 29.1 million in 2019 is still only 6.0 percent of…
January 26, 2022
Circular Economy
Corporate US to eliminate some plastic by 2025
ASHEVILLE, NC: The U.S. Plastics Pact, part of the Ellen MacArthur Foundation’s Plastics Pact Network, has identified 11 plastic items to be eliminated by 2025 because they are not reusable, recyclable, or compostable. The list, applying exclusively to…
January 25, 2022
Circular Economy
Circular economy reality built on logistics backbone says DHL
BONN: DHL has published ‘Delivering on Circularity’, a white paper explaining how the application of circular economy principles in the fashion and electronic sectors can help reduce their use of water and waste generation. According to the company around 20…
January 20, 2022
Circular Economy
A circular economy will save humanity from itself
AMSTERDAM: The latest Circularity Gap report from non-profit Circular-Economy says in order to stop exploiting the Earth's finite raw materials, humanity must utilise data-driven tools to bring circularity to everyone, use metrics to track the transition and…
January 20, 2022
Circular Economy
Holcim partners with Bloomberg to promote circular economy construction
ZUG, Switzerland: Cement-centric producer Holcim has partnered with Bloomberg Media to develop the world’s first ‘Circular Cities Barometer’ to promote circular economy best practice around the world. According to the company the construction sector has a key…
January 18, 2022
Circular Economy
Airbus to expand circular economy-based services in China
CHENGDU: Airbus, Tarmac Aerosave and the city of Chengdu are to open an aircraft lifecycle service centre in China by the end of 2023. The agreement covers aircraft parking and storage, maintenance, upgrades, conversions, dismantling and recycling services.…
December 24, 2021
Circular Economy
Stellantis circular economy leads to Senegal growth
PARIS: The circular economy business of auto manufacturer Stellantis has led to the planting of 10,000 trees in Senegal since the beginning of 2021. Partnering with local NGO Oceanium and ecosystem restorer MyTree, Stellantis plants a tree supporting mangrove…