Growing environmental concerns and demand for sustainable materials have led automakers and suppliers to innovate, and post-consumer recycled (PCR) carbon fiber is becoming increasingly viable in large-scale production, bringing significant advantages in weight reduction, fuel efficiency and overall sustainability.

Recently, Borealis, Henkel and Korozo Group, a flexible packaging and film manufacturer based in Turkey, have collaborated to jointly develop flexible packaging for laundry detergent containing 30% post-consumer recycled plastic (PCR) to promote plastic recycling.

On the twentieth anniversary of the United Nations Global Compact (UNGC) proposing the ESG concept, GREENEXT will hold the "ESG-Sustainable Innovation" theme exhibition at the Shanghai Exhibition Center from August 26 to 27, 2024.

Nordic Semiconductor, a leading manufacturer of low-power wireless IoT connectivity solutions, has announced that it has become one of the first semiconductor companies to make component reels from recycled plastic, taking an important step in its sustainability strategy and saving nearly 15,000 kilograms of waste plastic each year.

As the recycling market expands in scale, high-quality waste becomes a more valuable resource, and recycling companies are willing to pay higher prices to purchase cleaner and purer waste recycled plastics in order to produce high-quality products.

Sidel has expanded its StarLITE-R range of r-PET bases with the launch of the StarLITE-R-Nitro, a unique wavy base design for nitrogen-filled still beverages and edible oils.

As a sustainable alternative, recycled plastics are gradually showing their value in innovative applications in many fields, such as packaging, automotive, construction, textile, and daily necessities. Mission Recycling has achieved excellent results in high-quality recycling and marine plastic recycling, and has contributed to promoting the innovative development of the industry. Therefore, it won the 5th Recycled Plastics "Golden Apple Award" in 2023.

Lenovo Group (HK 00992) officially released its ESG report for the fiscal year 2023/24. The report shows that Lenovo Group's use of ocean plastics has expanded to some desktop/all-in-one computers, consumer notebooks and server products, and it is expected to use 165 tons of ocean plastics (plastics recycled from marine plastic waste) each year, equivalent to recycling about 9 million plastic water bottles.