Plastics industry

Circe Bioscience licenses technology to decarbonize industry with microbes developed at Wyss Institute at Harvard University

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수요일, 5월 15, 2024

Developed in the lab of Wyss Core Faculty member Pamela Silver, Ph.D., Circe’s technology grows microbes on gasses like carbon dioxide --- in the same way plants grow --- and harvests the molecules they build. Nangle and Ziesack used synthetic biology to tweak the metabolisms of certain microbes that naturally “eat” greenhouse gasses so that they use those gases to manufacture molecules that are valuable to many industries. Their platform has produced molecules identical to those that make up sugars, fats, biodegradable plastics, and biofuels, all using only CO2, water, and electricity as inputs.

Key Points: 
  • Circe has raised more than $8 million to date from investors including Regen Ventures, Undeterred Capital, Ponderosa Ventures, Bee Partners, and Elementum Ventures.
  • “One of the great challenges humanity faces is how to maintain global growth and production and decarbonize everything at the same time.
  • Circe is addressing this critical problem by using gas fermentation to manufacture the products and molecules we need in a carbon-negative way,” said Shannon Nangle , Ph.D., who co-founded Circe along with fellow Wyss member Marika Ziesack , Ph.D.
  • Developed in the lab of Wyss Core Faculty member Pamela Silver , Ph.D., Circe’s technology grows microbes on gasses like carbon dioxide --- in the same way plants grow --- and harvests the molecules they build.

Global Chemical Plastics Recycling and Dissolution Industry Research 2024-2040: Transforming Plastic Waste Management - Key Insights into Advanced Technologies - ResearchAndMarkets.com

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월요일, 5월 13, 2024

The "The Global Market for Chemical Recycling and Dissolution of Plastics 2024-2040" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Market for Chemical Recycling and Dissolution of Plastics 2024-2040" report has been added to ResearchAndMarkets.com's offering.
  • The global plastics industry is facing a growing challenge - the need to address the environmental impact of plastic waste.
  • As traditional waste management methods struggle to keep pace, advanced chemical recycling and dissolution technologies have emerged as a crucial solution to transform the industry towards a more sustainable, circular model.
  • This comprehensive industry landscape covers the technology developers, equipment manufacturers, chemical producers, and waste management companies driving the transformation of the plastics value chain.

Legend Holdings Realized Revenue of RMB436 billion in 2023

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금요일, 3월 29, 2024

The Company's revenue for 2023 was RMB436,012 million (RMB, the same below), and the net profit was RMB630 million.

Key Points: 
  • The Company's revenue for 2023 was RMB436,012 million (RMB, the same below), and the net profit was RMB630 million.
  • In 2023, Legend Holdings safeguarded the relative stability of its business foundations while implementing the new development concept in depth.
  • In 2023, the R&D expenditure of the Company reached RMB14.8 billion, raising its R&D expense ratio from 2.6% in 2021 to 3.4% in 2023.
  • Rural revitalization and technological innovation are the focused areas of Legend Holdings for its corporate social responsibility.

Biodegradable Plastic Market to Reach $9.1 Billion, Globally, by 2033 at 8.8% CAGR: Allied Market Research

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수요일, 5월 8, 2024

WILMINGTON, Del., May 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Biodegradable Plastic Market by Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), Starch Blends, and Others), and Application (Packaging, Agriculture, Consumer Durable, Textile, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2033". According to the report, the biodegradable plastic market was valued at $3.9 billion in 2023 and is estimated to reach $9.1 billion by 2033, growing at a CAGR of 8.8% from 2023 to 2033.

Key Points: 
  • By type, the polylactic segment accounted for the largest share in 2023, contributing to one-third of the global biodegradable plastic market revenue.
  • As concerns about plastic pollution and environmental sustainability rise, there is a growing demand for alternatives to traditional petroleum-based plastics.
  • By application, the packaging segment accounted for the largest market share in 2023, contributing to more than three-fifths of the global biodegradable plastic market revenue.
  • Biodegradable plastics offer a solution by breaking down into natural components, reducing the accumulation of plastic waste in the environment.

Biodegradable Plastic Market to Reach $9.1 Billion, Globally, by 2033 at 8.8% CAGR: Allied Market Research

Retrieved on: 
수요일, 5월 8, 2024

WILMINGTON, Del., May 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Biodegradable Plastic Market by Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), Starch Blends, and Others), and Application (Packaging, Agriculture, Consumer Durable, Textile, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2033". According to the report, the biodegradable plastic market was valued at $3.9 billion in 2023 and is estimated to reach $9.1 billion by 2033, growing at a CAGR of 8.8% from 2023 to 2033.

Key Points: 
  • By type, the polylactic segment accounted for the largest share in 2023, contributing to one-third of the global biodegradable plastic market revenue.
  • As concerns about plastic pollution and environmental sustainability rise, there is a growing demand for alternatives to traditional petroleum-based plastics.
  • By application, the packaging segment accounted for the largest market share in 2023, contributing to more than three-fifths of the global biodegradable plastic market revenue.
  • Biodegradable plastics offer a solution by breaking down into natural components, reducing the accumulation of plastic waste in the environment.

Global Corn Starch Market Analysis and Competitive Landscape Report 2024-2032 Featuring Cargill, Ingredion, ADM, Tate & Lyle, Associated British Foods, Tereos, Sudzucker, & Global Bio-Chem Technology - ResearchAndMarkets.com

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금요일, 4월 26, 2024

The "Global Corn Starch Market Report by Type, Form, End-Use, Region and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Corn Starch Market Report by Type, Form, End-Use, Region and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The growing demand for sweeteners derived from corn starch includes generating high fructose corn syrup, broadly used in liquids, baked goods, and confectionery.
  • Diversifying into new applications involves exploring alternative uses for corn starch, including producing biodegradable plastics as environmentally pleasant substitutes for traditional plastics.
  • These merchandises include Nutrofeli ST100, a native maize starch; Nutrofeli ST200, a partially pre-gelatinized maize starch; and Nutrofeli ST300, a fully gelatinized maize starch.

Hyosung TNC Invests $1 Billion in Future "Bio" Business

Retrieved on: 
월요일, 4월 1, 2024

Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.

Key Points: 
  • Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.
  • SEOUL, South Korea, April 1, 2024 /PRNewswire/ -- Hyun-Joon Cho, chairman of Hyosung announces major investment in the bio business, embarking on future new business ventures.
  • Hyosung TNC plans to proactively respond to the global materials market's reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually.
  • From Raw Material to Fiber, Hyosung TNC Establishes the World's First Fully-Integrated Production System for Bio-Spandex
    With this investment, Hyosung TNC has secured the largest bio-spandex factory in Vietnam.

Hyosung TNC Invests $1 Billion in Future "Bio" Business

Retrieved on: 
월요일, 4월 1, 2024

Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.

Key Points: 
  • Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.
  • SEOUL, South Korea, March 31, 2024 /PRNewswire/ -- Hyun-Joon Cho, chairman of Hyosung announces major investment in the bio business, embarking on future new business ventures.
  • Hyosung TNC plans to proactively respond to the global materials market's reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually.
  • From Raw Material to Fiber, Hyosung TNC Establishes the World's First Fully-Integrated Production System for Bio-Spandex
    With this investment, Hyosung TNC has secured the largest bio-spandex factory in Vietnam.

Global Bioplastics and Advanced Plastics Recycling Report 2024-2034: Market Challenges and Opportunities in Scaling Up Environment-friendly Solutions Aligned with Principles of Circular Economy - ResearchAndMarkets.com

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월요일, 3월 4, 2024

The "Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • Innovation in bioplastics and plastics recycling is spurring a renaissance in the petrochemical industry, with the latest technologies reinventing plastic and making waste plastic a new resource.
  • The Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034 provides a comprehensive analysis of the global bio-based feedstocks, bio-based plastics, and advanced chemical recycling markets.
  • An extensive section is dedicated to the global bio-based and biodegradable plastics market, segmented by types including PLA, PHA, PBS, bio-PET etc.

Global Medical Plastics Strategic Research Report 2024: Market to Surpass $50 Billion by 2030 - Advancements in Medical Plastics and Production Capabilities Drive Innovative Applications - ResearchAndMarkets.com

Retrieved on: 
화요일, 2월 20, 2024

The "Medical Plastics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Medical Plastics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Engineering Plastics, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$6.3 Billion by the end of the analysis period.
  • Growth in the High Performance Plastics (hpp) segment is estimated at 7.6% CAGR for the next 8-year period.
  • The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 7.8% CAGR
    The Medical Plastics market in the U.S. is estimated at US$8.2 Billion in the year 2022.