Circular economy

GITEX GLOBAL Weighs in on Sustainability, E-government, Smart Homes and Future of Computing on Day 4

Retrieved on: 
Thursday, October 19, 2023

DUBAI, UAE, Oct. 19, 2023 /PRNewswire/ -- Last year, the UAE announced the "UAE Net Zero by 2050 Strategic Initiative", a national drive to achieve net-zero emissions by 2050, making the Emirates the first Middle East and North African nation to do so. At GITEX GLOBAL 2023, Faisal Ali Rashid, Senior Director, Energy Demand Side Management, UAE's Dubai Supreme Council of Energy, highlighted the successes in executing this mission.

Key Points: 
  • GITEX GLOBAL facilitates the biggest public-private partnership projects, with 250 government entities looking to collaborate on e-government and digital government initiatives.
  • In collaboration with etisalat by e&, Samsung introduced the Family Hub Refrigerator on the fourth day of GITEX GLOBAL.
  • GITEX GLOBAL and Expand North Star comprise a combined 41 halls spanning 2.7 million sq.
  • ft of exhibition space, a 40% growth year-on-year with 1,800 startups across Expand North Star and GITEX GLOBAL.

REMADE Announces $19.6 Million in New Technology Research to Accelerate the U.S.'s Transition to a Circular Economy

Retrieved on: 
Thursday, October 19, 2023

ROCHESTER, N.Y., Oct. 19, 2023 /PRNewswire/ -- The REMADE Institute, a 167-member public-private partnership established by the U.S. Department of Energy (DOE) with an initial investment of $140 million, including cost share, today announced $19.6 million in new technology research, selecting 14 new research, development and demonstration projects as part of the Institute's latest round of funding.

Key Points: 
  • According to the U.S. Department of Energy, manufacturing accounts for 25% of U.S. energy consumption at a cost of approximately $150 billion.
  • REMADE Chief Executive Officer Nabil Nasr said these are just some of the main reasons why a circular approach to manufacturing — "make-use-reuse-remanufacture-recycle" — is so important, and why REMADE is dedicated to the adoption of a Circular Economy .
  • "REMADE's projects address multiple aspects of the Circular Economy, including systems analysis, circular design, remanufacturing and reuse, recovery and recycling," Azer said.
  • To learn more about the conference and access the Call for Papers, go to: Call for Papers — The REMADE Institute .

Research Dynamics - Report on CPHN: Investor Day Update

Retrieved on: 
Friday, September 29, 2023

Research Dynamics - Report on CPHN: Investor Day Update

Key Points: 
  • Research Dynamics - Report on CPHN: Investor Day Update
    This report is published by Research Dynamics, an independent research boutique
    During this year’s investor day hosted in Zurich on 26 September, CPH Group reaffirmed its targets for 2023e amidst considerably uncertain markets.
  • More importantly, management provided an update on the implementation of the strategic objectives relating to the Group as well as its individual divisions, Chemistry, Packaging and Paper.
  • In addition, a special focus was put on the Group’s sustainability strategy which shall help to achieve net zero emissions by 2050.
  • CPH currently trades at an EV/EBITDA multiple of 5.0x (FY2024e), a significant 34.3% discount to the weighted average multiple of division peers.

EQS-News: Pareto Securities AS: Future of plastics recycling in Europe - New study by Pareto Securities highlights opportunities and challenges

Retrieved on: 
Saturday, September 16, 2023

Future of plastics recycling in Europe: New study by Pareto Securities highlights opportunities and challenges

Key Points: 
  • Future of plastics recycling in Europe: New study by Pareto Securities highlights opportunities and challenges
    Mechanical recycling still dominates in Europe, but chemical recycling is becoming increasingly important
    Circular Economy & Recycling Summit on September 28, 2023 at Industrial Park Höchst (for more information on the conference click here ).
  • Frankfurt, September 14, 2023 - Pareto Securities AS, international investment bank and long-standing partner of SMEs, today published an in-depth study "Plastic recycling: From waste to gold!".
  • Unlike other materials such as steel, aluminum, glass, or paper, which have recycling rates of over 80%, plastics present unique challenges.
  • Although mechanical recycling dominates in Europe - with leading companies such as Remondis, Veolia and Suez - chemical recycling is rapidly gaining momentum.

Nuvilab: Runner-Up in Circular Economy Category at G20 Digital Innovation Alliance Pitch Session

Retrieved on: 
Friday, September 8, 2023

SEOUL, South Korea, Sept. 8, 2023 /PRNewswire/ -- Nuvilab, a pioneering AI startup specializing in sustainable food solutions, is pleased to announce its achievement of securing the second place in the Circular Economy category during the G20 Digital Innovation Alliance (G20 DIA) startup pitching session held in Bengaluru, India from August 17th to 18th.

Key Points: 
  • SEOUL, South Korea, Sept. 8, 2023 /PRNewswire/ -- Nuvilab, a pioneering AI startup specializing in sustainable food solutions, is pleased to announce its achievement of securing the second place in the Circular Economy category during the G20 Digital Innovation Alliance (G20 DIA) startup pitching session held in Bengaluru, India from August 17th to 18th.
  • This event, held ahead of the G20 Digital Economy Ministerial Meeting, brought together key stakeholders in the digital economy innovation space, including startups, investors, and government agencies, as part of the G20 member countries' efforts to collaborate on digital agendas.
  • Nuvilab received an exclusive invitation to participate, recognizing its excellence in the circular economy sector.
  • The pitching session featured over 150 startups from 29 countries worldwide, spanning six different domains including circular economy, healthcare, agricultural technology, and digital infrastructure.

Panasonic drives the achievement of European climate targets with Green Tech

Retrieved on: 
Thursday, August 31, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230831714421/en/
    Panasonic drives the achievement of European climate targets with Green Tech (Photo: Business Wire)
    With its GREEN IMPACT Plan, Panasonic has made sustainability the core of its business and has since been working hard to reduce its own CO2 emissions and to prevent CO2 emissions in various sectors of society - from factories to homes.
  • To meet the targets of the Paris Climate Agreement, the EU announced in 2019 that it would become the first climate-neutral continent by 2050.
  • This is good news for the European heat pump market and European climate targets," says Dr Jan Rosenow, European Managing Director of the Regulatory Assistance Project (RAP), an international think tank specialising in decarbonising the energy system.
  • Panasonic operates its own recycling facilities, which use its know-how to help integrate recyclability even more strongly into Panasonic product design.

ERI Addresses National Conference of State Legislatures on ITAD and E-Waste Recycling Best Practices

Retrieved on: 
Wednesday, August 23, 2023

For the panel discussion, Hirschler was joined on stage by Jason Linnell, the Executive Director of the National Electronic Recycling Council and Mike Werner, Lead for Circular Economy at Google.

Key Points: 
  • For the panel discussion, Hirschler was joined on stage by Jason Linnell, the Executive Director of the National Electronic Recycling Council and Mike Werner, Lead for Circular Economy at Google.
  • The panelists discussed how states are working to manage e-waste disposal and the challenges that surround it.
  • Following the panels co-chaired by Senator Emmett Hanger of Virginia and Senator Lisa Cutter of Colorado, event attendees visited ERI’s state-of-the-art ITAD services and e-waste recycling facility in Plainfield, Indiana for a guided tour and further best practices discussion.
  • We’re proud to be the leading recycler of electronics and ITAD services here in the great state of Indiana and nationwide.

New Circular Platform Multi-Client Study Announced by McFadyen Digital

Retrieved on: 
Tuesday, June 6, 2023

This multi-client study is an exceptional opportunity for businesses to gain strategic insights into implementing sustainability and material security goals through innovative circular platform models.

Key Points: 
  • This multi-client study is an exceptional opportunity for businesses to gain strategic insights into implementing sustainability and material security goals through innovative circular platform models.
  • Circular Platforms Multi-Client Study Brochure - The brochure for McFadyen Digital's new Circular Platforms Multi-Client Study is shown on a wooden shelf against a grey background.
  • With an increasing focus on sustainable business practices, the study aims to bridge the gap between the Platform Economy and the Circular Economy.
  • Companies participating in this study will have the unique chance to influence their growth and value by creating more circular business practices.

Renewi plc: Renewi signs €400m Revolving Credit Facility

Retrieved on: 
Friday, August 4, 2023

Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).

Key Points: 
  • Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).
  • The facility size remains unchanged at €400m and is for an initial five-year term to 2028 with two one-year extension options.
  • In addition to the RCF facility, the Group has €305m of fixed rate bonds, EUPPs, and the EIB facility.
  • Adam Richford, Head of Treasury and Investor Relations at Renewi commented: “We are delighted to announce our green sustainability-linked Revolving Credit Facility, as well as the commitment displayed by our existing and new lenders to support Renewi over the next five to seven years.

TCLGreen Sustainable Art Installation Takes Home the Famed Golden A' Design Award

Retrieved on: 
Thursday, July 20, 2023

Fusing sustainable physical art, interactive art and metaverse art, the one-of-a-kind installation illuminates at night by leveraging photovoltaic panels to convert outdoor lighting collected in the daytime into light sources.

Key Points: 
  • Fusing sustainable physical art, interactive art and metaverse art, the one-of-a-kind installation illuminates at night by leveraging photovoltaic panels to convert outdoor lighting collected in the daytime into light sources.
  • "We are proud to be recognized by the A' Design Award, one of the world's largest, most prestigious, and influential international design awards," said Tiago Abreu, Head of Design Innovation Center, X-Lab at TCL.
  • Regarded as one of the highest achievements in design, the A' Design Award & Competition recognizes the best products, projects and services that feature excellent design, technology and creativity.
  • TCLGreen is the sole Golden A' Design Award winner for Circular Economy and Regenerative Design Category this year.