On November 10, 2022, Beijing Zhenhui Environmental Protection Materials Technology Co., Ltd. (hereinafter referred to as "Zhenhui Environmental Protection Technology") was recognized by the European Plastic Recyclers Association (PRE) and officially became an authorized certification body for the RecyClass recyclable certification project.

As we head into the fourth quarter of 2022, the chemical recycling industry reaches a critical juncture. After years of development and announcements, the first commercially active facilities are now operational, with a large number of plants scheduled to begin full commercial operations in the near future and by 2023. Even larger capacities are in the pipeline and are scheduled to be operational during the forecast period and into 2030.

On the 20th local time, the 2022 Qatar World Cup officially kicked off. There are 32 participating teams and nearly 800 players participating in this World Cup, of which 13 teams will wear Nike jerseys, 7 teams will wear Adidas jerseys, and 6 teams will wear Puma jerseys. The pattern of the "three major" jerseys of the World Cup is still continued. Even the stars worth hundreds of millions have to wear jerseys made of plastic bottles.

FORVIA Group, the world's seventh largest automotive technology supplier, announced that it will create a new brand, MATERI'ACT, to develop and produce cutting-edge sustainable materials on a large scale. FORVIA Group is the world's first automotive technology company to have its net zero emissions target approved by SBTi (Science Based Targets Initiative), and is committed to consolidating its technological advantages in the industry to provide a travel experience that meets human needs.

Recently, BIMCO announced a partnership with Ocean Bottle, a European thermos company, to support its campaign to remove single-use plastic bottles from ships. BIMCO believes that if many people take a small step in the right direction, it will be a big step towards solving the plastic crisis.

According to the latest "Post-Consumer Recycled Plastics Market Report 2023-2033" released by Visiongain, the global post-consumer recycled plastics (PCR) market was valued at US$16.239 billion in 2022 and is expected to grow at a compound annual growth rate of 9.4% during the forecast period of 2023-2033.

Dutch stroller brand Bugaboo recently launched a Bugaboo stroller product portfolio made of bio-based materials through cross-value chain collaboration with DSM Engineering Materials, Fibrant and Neste.

2022 Plastic Recycling "Golden Apple Award", Shiming Recycled New Materials (Jiangsu) Co., Ltd., [Innovative Recycling of PET Waterproof Membrane] won: Innovative Recycling Model "Golden Apple Award", [Innovative Application of Recycled PET in Aerosol Cans] won: Innovative Application of Recycled Materials "Golden Apple Award".