Re.life market platform facilitates recycling trades

Re.life market, the virtual marketplace for business-to-business buying and selling of recovered commodities, recorded over 150,000 tonnes of recyclable material being traded on the platform in 2022, amounting to over AED100 million in value. This is a major milestone for the platform, which was launched by Re.life in 2021, and a powerful indicator of the …

Rebound, Bioeconomy and ACX to form Plastics Alliance

Rebound (RPX), a subsidiary of Abu Dhabi’s International Holding Company, has signed a Memorandum of Understanding (MoU) with carbon-focused companies Bioeconomy and ACX Holdings Ltd, the holding company of the AirCarbon Exchange (ACX) group, to identify net-zero carbon and recycled plastics opportunities in the Middle East and around the world.   Plastics are on track …

Dow and LVMH partner to improve sustainable packaging

Dow and LVMH Beauty, a division of LVMH, the world leader in luxury and home to 75 iconic brands, to collaborate to accelerate the use of sustainable packaging across LVMH’s perfume and cosmetic products. This collaboration would enable both bio-based and circular plastics to be integrated into several of the beauty multinational’s product applications without …

Mondi expands range of FunctionalBarrier Papers

Mondi, one of the global leaders in packaging and paper is expanding its unique range of medium, high and very high-barrier paper-based packaging to support customers on their journey to use more sustainable packaging solutions.   The company has further evolved its portfolio and now offers a full range of FunctionalBarrier Papers to customers. By …

UAE plans its first food-grade plastic recycling plant

The Ministry of Industry and Advanced Technology (MoIAT) on 17 January 2023 oversaw the signing of a memorandum of understanding (MoU) at Abu Dhabi Sustainability Week (ADSW), which will lay the groundwork for new plastic recycling facility in the UAE.   Under the plans, a 12,000 tons per annum polyethylene terephthalate (PET) recycling plant has …

MoIAT to regulate the trade of recycled plastic water bottles

The Ministry of Industry and Advanced Technology (MoIAT) today issued a ministerial decision on regulating the trade of recycled plastic water bottles in line with top public health and food safety standards. Announced at Abu Dhabi Sustainability Week (ADSW) 2023, the new decision contributes to the UAE’s commitment to preserving resources and supporting the shift …

SABIC reaffirms commitment to circular carbon economy

SABIC, one of the global leaders in the chemicals industry, has reaffirmed its commitment to accelerating the circular carbon economy during the World Economic Forum Annual Meeting in Davos by unveiling its ambition to process one million metric tons (1000kt) of TRUCIRCLE solutions annually by 2030.   SABIC used its reception hosted in the company’s …