Closed-loop recycling

Loop Industries Announces Signed Letter of Intent With On AG to Secure Volumes From Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea

Retrieved on: 
Monday, May 15, 2023
Business development, Partnership, Circularity, PET, AG, Innovation, Forbo Holding AG, Recycling, LOI, Infinite loop, Closed-loop recycling, Loop

The Ulsan manufacturing facility is anticipated to break ground by end of this year.

Key Points: 
  • The Ulsan manufacturing facility is anticipated to break ground by end of this year.
  • We are happy to see that Loop is bringing their technology to commercial scale," said Ilmarin Heitz, Head of Innovation at On.
  • In addition to low value PET plastic waste, Loop also utilizes polyester fiber waste as feedstock in its process.
  • The partnership between Loop Industries and On showcases how brands can transition to a sustainable, environmentally friendly solution where materials can be recycled infinitely.

Glass Bottles Market Had Breached a Revenue of US$ 37.1 Bn in 2021 & Sales are Expected to Grow at a CAGR of 5.2% Between Forecast Period of 2021-31, States Future Market Insight's latest study

Retrieved on: 
Tuesday, November 22, 2022
Wine, Glass, PCR, Report, Carbon, Closed-loop recycling, Household, Drink, Beer, Food packaging, Vitro, Food, Purity, Bottled water, Recycling, Central Europe

NEWARK, Del., Nov. 22, 2022 /PRNewswire/ -- The global glass bottles market was valued at US$ 37.1 Bn in the year 2021 and is expected to witness a CAGR of 5.2% between 2021 and 2031.

Key Points: 
  • Quest for Purity amidst Transparency to drive the Glass Bottles Market, witnessing a CAGR of 5.2% in the forecast period 2021-2031.
  • Future Market Insights has entailed these facts with insights in its latest market study entitled 'Glass Bottles Market'.
  • The Europe and North America are expected to grow at a significant rate in the glass bottles market going forward.
  • The fact that glass stays inert irrespective of the drinks the glass bottle contains is expected to drive the glass bottles market in the forecast period.

Loop Announces Worldwide In-Store Expansion

Retrieved on: 
Wednesday, September 22, 2021
AEON, Idea, Adoption, Partnership, Policy, Solution, Closed-loop recycling, Non-governmental organization, World Economic Forum, CEO, McDonald's, City, Growth, United Kingdom, Macdonald, Leadership, Burger King, Movement, Reuse, TerraCycle, Recycling

"Loop's goal has always been to grow, scale and be accessible to consumers around the world," says Tom Szaky, Founder and CEO of TerraCycle and Loop.

Key Points: 
  • "Loop's goal has always been to grow, scale and be accessible to consumers around the world," says Tom Szaky, Founder and CEO of TerraCycle and Loop.
  • In May 2021, Loop launched in-store at AEON in Japan and in-store at Tesco in September 2021.
  • Loop is a global reuse platform enabled by a multi-stakeholder coalition of manufacturers, retailers, and consumers that aims to Eliminate the Idea of Waste.
  • Loop is live in the UK, France, U.S., Canada, Japan and early next year it will be live in Australia - making it a truly global movement.