Planet Friendly Plastics:Latest Advancements Conference in March 12-13 in Las Vegas

-

COST; a Roadblock to Renewable Plastics Growth-Misunderstood & DeMystified

Since the society really cares for the "Climate/Environment/Sustainability", we need to transition quickly to “BioBased” and “Molecular Recyling Technologies” that lead to Virgin Plastics.Reason for a slow adoption of Green-Plastics is the Cost.


Coca-Cola’s CEO James Quincey: "I think we're in danger of exaggerating the impact of the 25% increase in the aluminum price relative to the total system," he said on the company's earnings call-FEB 2025. "It's not insignificant, but it's not going to radically change a multibillion dollar U.S. business, and packaging is only a small component of the total cost structure." Thank you, James Quincey, for supporting our long-held opinion! Note this is on top of 25% food inflation over the last 3 years in the US where economy is still red-hot.


While at SPE-Polyolefins, February 18th, we presented our case that the cost to the Brand-Owners and the consumers is a Non-Issue. For example, a pack of shampoo bottles at Costco is selling for $33.99. If the cost of Green-PE vs Fossil-PE packaging is only $0.02-0.05 more, is it really going to derail the consumer ?Brand_owners such as Procter & Gamblecan absorb the “Procurement Cost” to start withand then pass-on 2-5 cents to the consumer if the supply-chain decides not to take a financial hit.

Our March 12-13 conference will elaborate on “State-of-the-NonFossil Plastic Industry” from a Technological-Commercial-Business points of view.


To REGISTER, contact InnoPlast at 973-801-6212 or CLICK the link:

https://innoplastsolutions.com/conference/planet-friendly-plastics/

Comments

Post a Comment

Popular posts from this blog

SABIC OPENS MULTI- MILLION-DOLLAR ULTEM™ RESIN MANUFACTURING FACILITY IN SINGAPORE

-
Image
SABIC, a global diversified chemicals company, today announced the official launch of its new US$170 (S$220) million ULTEM™ resin manufacturing facility in Singapore, marking the company’s first advanced specialty chemical manufacturing facility in the region producing the high-performance thermoplastic, ULTEM™ resin. The new facility is a strategic move to support SABIC’s goal of increasing global ULTEM™ specialty resin production by more than 50%, responding to the growing demand from high-tech and manufacturing industries in the Asia-Pacific region, including Japan and China. The facility opening was officiated by Ms. Low Yen Ling, Senior Minister of State for the Ministry of Trade and Industry (MTI) and Ministry of Culture, Community and Youth (MCCY), Eng. Khalid H. Al-Dabbagh, Chairman of the Board of Directors of SABIC, Eng. Abdulrahman Al-Fageeh, SABIC Chief Executive Officer, and Mr. Omar Al-Harthi, Deputy Head of Mission, Embassy of the Kingdom of Saudi Arabia in Singapore...
Read more

Today's KNOWLEDGE Share : Plastic-Degrading Microbes in Mangrove Soil

-
Image
Today's KNOWLEDGE Share Researchers Identify Plastic-Degrading Microbes in Mangrove Soil An international team of researchers has developed a novel method to select bacteria from mangrove soils capable of transforming plastic. This breakthrough offers a potential new approach to tackling plastic waste pollution. By analyzing the effects of polyethylene terephthalate (PET) particles and seawater intrusion on the microbiome of mangrove soil, the team was able to cultivate a collection of PET-degrading microbes. With plastic pollution reaching alarming levels globally, even in remote ocean environments, ecosystems like mangroves—crucial biodiversity hotspots—are under threat from various stressors, including plastic contamination. “Mangrove ecosystems are exposed to significant plastic pollution, and their soils harbor diverse microbial communities, including those with potential plastic-degrading capabilities,” explained Diego Javier Jiménez Avella, a research scientist from the Micr...
Read more

Today's KNOWLEDGE Share : biobased content of polycarbonate diols

-
Image
Today's KNOWLEDGE Share MCG increases biomass content of polycarbonate diols Mitsubishi Chemical Group (MCG) has introduced grades of its Benebiol biomass-based polycarbonate diols that have a higher biomass content. The product is primarily used in the manufacture of polyurethane resins for coatings in sectors such as automotive, furniture and outdoor products. It is also used in the production of artificial leather. Existing Benebiol grades had a bio-based content of 20-50%, but the new HSS and NLDS grades have a biomass content in excess of 80%. Some of its previous petroleum-derived grades have also been converted to biomass, as the NLS grades. This, the company said, allows it to offer bio-based grades of all its Benebiol products. The shift to biomass-based raw materials while maintaining high-quality functions will contribute to our customers’ efforts to achieve sustainable manufacturing. source:MCG/www.utech-polyurethane.com
Read more