Circular economy

Oryx Stainless secures increased THB 1bln Innovative Borrowing Base Facility to support growing business demand

Retrieved on: 
Friday, October 28, 2022
HSBC, Growth, Loan, Borrowing base, Virtual CFO, Circular economy, KASIKORNBANK, Bank, CO2, Fulbright Program, Recycling, Germany, HSBC Bank (China), CFO, Solution, Fraunhofer, Documentation, Line of credit, Hunting, Drug, Oryx

The new facility is substantially larger than Oryx Stainless's previous Borrowing Base funding lines and also reflects the successful experience and growing interest from Thai corporates in using Borrowing Base finance as a tool for working capital management.

Key Points: 
  • The new facility is substantially larger than Oryx Stainless's previous Borrowing Base funding lines and also reflects the successful experience and growing interest from Thai corporates in using Borrowing Base finance as a tool for working capital management.
  • Oryx Stainless's secured Borrowing Base facility remains one of the very first solutions of its innovative and flexible kind in the Thai banking market.
  • The focus of the company's business activities is on the handling and processing of stainless steel scrap into Oryx Stainless Blends.
  • Oryx Stainless (Thailand) Co., Ltd. is part of the Oryx Stainless Group and a market leader in the Asian market since 2014.

Oryx Stainless secures increased THB 1bln Innovative Borrowing Base Facility to support growing business demand

Retrieved on: 
Friday, October 28, 2022
HSBC, Growth, Loan, Borrowing base, Virtual CFO, Circular economy, KASIKORNBANK, Bank, CO2, Fulbright Program, Recycling, Germany, HSBC Bank (China), CFO, Solution, Fraunhofer, Documentation, Line of credit, Hunting, Drug, Oryx

The new facility is substantially larger than Oryx Stainless's previous Borrowing Base funding lines and also reflects the successful experience and growing interest from Thai corporates in using Borrowing Base finance as a tool for working capital management.

Key Points: 
  • The new facility is substantially larger than Oryx Stainless's previous Borrowing Base funding lines and also reflects the successful experience and growing interest from Thai corporates in using Borrowing Base finance as a tool for working capital management.
  • Oryx Stainless's secured Borrowing Base facility remains one of the very first solutions of its innovative and flexible kind in the Thai banking market.
  • The focus of the company's business activities is on the handling and processing of stainless steel scrap into Oryx Stainless Blends.
  • Oryx Stainless (Thailand) Co., Ltd. is part of the Oryx Stainless Group and a market leader in the Asian market since 2014.

Ecomondo: "SwitchMed Connect", the European Union's circular economy event, in Italy for the first time

Retrieved on: 
Monday, October 24, 2022
Union, Representation of the European Commission in Germany, IEG, Sustainable consumption, Neighbourhood, Plastic, UNIDO, Circular economy, United Nations Framework Convention on Climate Change, DG, UNEP, Touring Exhibitions Group, Industry, Blue economy, United Nations, CEO, Environment, Directorate-General for European Neighbourhood Policy and Enlargement Negotiations, United Nations Industrial Development Organization, Climate change, European Commission, COP27, Renewable energy, Tourism, Mediterranean Sea

The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.

Key Points: 
  • The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.
  • The contest is jointly organised by the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR) , EU Neighbours South and the SwitchMed programme.
  • The programme includes "SwitchMed: sustainable and circular fish food systems for a Blue Economy in the Mediterranean" and conferences on transversal topics: textile and fashion industry, access to sustainable finance, circularity of plastics and open-eco innovation.
  • Italian Exhibition Group Press Contacts:

Ecomondo: "SwitchMed Connect", the European Union's circular economy event, in Italy for the first time

Retrieved on: 
Monday, October 24, 2022
Union, Representation of the European Commission in Germany, IEG, Sustainable consumption, Neighbourhood, Plastic, UNIDO, Circular economy, United Nations Framework Convention on Climate Change, DG, UNEP, Touring Exhibitions Group, Industry, Blue economy, United Nations, CEO, Environment, Directorate-General for European Neighbourhood Policy and Enlargement Negotiations, United Nations Industrial Development Organization, Climate change, European Commission, COP27, Renewable energy, Tourism, Mediterranean Sea

The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.

Key Points: 
  • The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.
  • The contest is jointly organised by the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR) , EU Neighbours South and the SwitchMed programme.
  • The programme includes "SwitchMed: sustainable and circular fish food systems for a Blue Economy in the Mediterranean" and conferences on transversal topics: textile and fashion industry, access to sustainable finance, circularity of plastics and open-eco innovation.
  • Italian Exhibition Group Press Contacts:

Braskem Idesa Works with Emerson to Drive Operational Excellence, Achieve Sustainability Goals

Retrieved on: 
Tuesday, October 18, 2022
Engineering, Chemicals, Plastics, Other Energy, Environment, Manufacturing, Energy, Other Manufacturing, Food packaging, GHG, Emerson, Hygiene, NYSE, Plastic, Circular economy, Carbon, LED, Partnership, Automation, Goal, Health, APM Automation Solutions, Tax, Safety, EMR, China's Circular Economy, KPI-driven code analysis, Information management, Solution, Recycling, Braskem

Global software and technology leader Emerson (NYSE: EMR) today announced a strategic partnership with Braskem Idesa to provide digital automation technologies and engineering services across its operations to meet business performance metrics and achieve its sustainability goals.

Key Points: 
  • Global software and technology leader Emerson (NYSE: EMR) today announced a strategic partnership with Braskem Idesa to provide digital automation technologies and engineering services across its operations to meet business performance metrics and achieve its sustainability goals.
  • Braskem Idesa is a joint venture between Brazil-based Braskem, the largest producer of thermoplastic resins in the Americas, and Grupo Idesa, one of the biggest petrochemical companies in Mexico.
  • Having a well-defined path forward has given us the confidence to pursue our sustainability and performance goals, with advanced, integrated technologies that help us support market demands.
  • A leader in industrial automation, Emerson helps process, hybrid and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals through its Automation Solutions and AspenTech businesses.

New Executive Director position: Eric Bosco joins the management team at ÉTS

Retrieved on: 
Wednesday, October 19, 2022
Government, Growth, Partnership, TS, Mitacs, Circular economy, Private sector, Research, Technology, Holography, Industry, CEO, Center, Human, Engineering, Management

"We are very pleased to welcome Mr. Bosco to our leadership team.

Key Points: 
  • "We are very pleased to welcome Mr. Bosco to our leadership team.
  • The arrival of Eric Bosco will support TS as it aspires to become a North American leader in the circular economy.
  • "For me, the choice to join the TS management team was a natural one.
  • Eric Bosco has over 15 years of experience supporting the growth of companies through research and development.

InvestChile seeks companies for its international forum

Retrieved on: 
Friday, October 14, 2022
Hydrogen, International, Uncertainty, HTC Global Services, Technology, Circular economy, Treasury, AWS, Tourism, GLOBE, Solution, Renewable energy, Financial technology

SANTIAGO, Chile, Oct. 14, 2022 (GLOBE NEWSWIRE) -- The 6th International InvestChile Forum is set to take place in Santiago on Dec. 5-7.

Key Points: 
  • SANTIAGO, Chile, Oct. 14, 2022 (GLOBE NEWSWIRE) -- The 6th International InvestChile Forum is set to take place in Santiago on Dec. 5-7.
  • The forum will include a plenary session with 450 attendees, which will be chaired by the President of Chile, Gabriel Boric.
  • A matchmaking session is also planned, where foreign companies will be able to meet potential partners and local suppliers.
  • This is without neglecting the opportunities presented by the more traditional sectors," stated InvestChile Executive Director Karla Flores.

Stellantis Fosters Circular Economy Ambitions with Dedicated Business Unit to Power New Era of Sustainable Manufacturing and Consumption

Retrieved on: 
Tuesday, October 11, 2022
Fiat, Sale, Life, Alternator, Lancia, Dare, NYSE, OEM, DS Automobiles, Circular economy, Alfa Romeo, Peugeot, Carbon, Car, Chrysler, Ram, Company, Acquisition, STLA, Abarth, Hub, Opel, Ecosystem, Maserati, Environment, Dodge, CO2, Aramis, Renewable energy, Management, Recycling, Wesley Leasy, Stellantis

Stellantis is in the race to build a sustainable and profitable business based on circular economy principles in the markets where we operate, said Alison Jones, Stellantis Senior Vice President, Circular Economy Business Unit.

Key Points: 
  • Stellantis is in the race to build a sustainable and profitable business based on circular economy principles in the markets where we operate, said Alison Jones, Stellantis Senior Vice President, Circular Economy Business Unit.
  • Stellantis Circular Economy Business Unit plan calls for aggressive scaling up in volumes and expansion to new countries, while ensuring constant innovation and re-skilling for new techs.
  • In September, Stellantis announced that its leading Circular Economy Hub will launch in 2023 at its Mirafiori Complex in Italy.
  • The dedicated operation will enable the expansion of Stellantis current activities and support its cradle-to-cradle business model in Europe.

LyondellBasell Forms Joint Venture to Build Plastic Waste Sorting and Recycling Facility and Plans to Build Advanced Recycling Plant

Retrieved on: 
Tuesday, October 11, 2022
Carbon, LinkedIn, U.S. Securities and Exchange Commission, LyondellBasell, Time, Polymer, Solution, Plastic, Circular economy, Biomass, Recycling, Security (finance), Fortune (magazine), Workforce, Multimedia, PCR, Plant, Knowledge, Goal, Industry, Food safety, Oak Investment Partners, Magazine, Wind, Climate, Environment, Forward-looking statement, QCP, Risk

The Source One Plastics facility will produce processed waste that will provide a material part of the feedstock for an advanced recycling plant that LyondellBasell plans to build at its Wesseling, Germany, site.

Key Points: 
  • The Source One Plastics facility will produce processed waste that will provide a material part of the feedstock for an advanced recycling plant that LyondellBasell plans to build at its Wesseling, Germany, site.
  • Using LyondellBasell's proprietary MoReTec technology, this plant will be the first commercial scale, single-train advanced recycling plant, designed to demonstrate its capability for further scalability.
  • LyondellBasell's new plant is designed to convert hard-to-recycle post-consumer plastic waste into feedstock for new plastic materials.
  • Once in operation, it will enable recycling of most types of plastic materials such as multi-layered food packaging items or mixed plastic containers.

LyondellBasell Forms Joint Venture to Build Plastic Waste Sorting and Recycling Facility and Plans to Build Advanced Recycling Plant

Retrieved on: 
Tuesday, October 11, 2022
Carbon, LinkedIn, Cyprus Securities and Exchange Commission, LyondellBasell, Time, Polymer, Solution, Plastic, Circular economy, Biomass, Recycling, Security (finance), Fortune (magazine), Workforce, PCR, Plant, Knowledge, Goal, Industry, Food safety, Oak Investment Partners, Magazine, Wind, Climate, Environment, Forward-looking statement, QCP, Risk

The Source One Plastics facility will produce processed waste that will provide a material part of the feedstock for an advanced recycling plant that LyondellBasell plans to build at its Wesseling, Germany, site.

Key Points: 
  • The Source One Plastics facility will produce processed waste that will provide a material part of the feedstock for an advanced recycling plant that LyondellBasell plans to build at its Wesseling, Germany, site.
  • Using LyondellBasell's proprietary MoReTec technology, this plant will be the first commercial scale, single-train advanced recycling plant, designed to demonstrate its capability for further scalability.
  • LyondellBasell's new plant is designed to convert hard-to-recycle post-consumer plastic waste into feedstock for new plastic materials.
  • Once in operation, it will enable recycling of most types of plastic materials such as multi-layered food packaging items or mixed plastic containers.