Circular Economy
Search documents
Aduro Clean Technologies to Present at Leading Industry Events in October
Globenewswire· 2025-10-02 11:00
Core Insights - Aduro Clean Technologies Inc. is participating in key industry events in October 2025 to showcase its innovative technology and engage with stakeholders in the circular economy [1][2] Group 1: Upcoming Events - K 2025 Conference will take place from October 8-15, 2025, in Düsseldorf, Germany, focusing on plastics and rubber innovation, where Aduro will highlight its Hydrochemolytic™ Technology [3] - The 10th Edition of Sustainability in Packaging Europe is scheduled for October 21-23, 2025, in Barcelona, Spain, where Aduro will present on recycling viability and exhibit its technology [4] - Ontario Chemistry & Plastics Day is set for October 22, 2025, in Toronto, Ontario, featuring discussions on advancing a circular plastics economy, with Aduro participating in a panel [5] Group 2: Technology and Commitment - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil, emphasizing its Hydrochemolytic™ Technology [7][8] - The company's approach operates at relatively low temperatures and costs, aiming to transform low-value feedstocks into valuable resources for the 21st century [8]
US Markets Navigate Government Shutdown Concerns Amid Mixed Premarket Trading
Stock Market News· 2025-10-02 10:07
Market Overview - U.S. equity markets are showing mixed signals in premarket trading, with major indexes having closed at record highs previously, while futures indicate a cautious opening [1][2] - S&P 500 futures are up approximately 0.07% to 0.17%, and Nasdaq 100 futures are showing gains of around 0.19% to 0.36%, indicating confidence in the technology sector [2] - Dow Jones Industrial Average futures are slightly down by about 0.04% to 0.05%, while Russell 2000 futures are pointing higher with gains of 0.08% to 0.41% [2] Commodities and Cryptocurrencies - Gold futures are up 0.18%, nearing $3,900 per ounce, as investors seek safe haven assets amid market uncertainty [3] - Bitcoin has risen 1.78%, trading around $116,441 to $116,500, marking its highest level in two weeks [3] - The yield on the 10-year Treasury has slipped slightly to 4.10% [3] Recent Performance of Major Indexes - On October 1st, the S&P 500 climbed 0.3% to set a new all-time high, while the Dow Jones Industrial Average added 43 points, or 0.1%, reaching its second consecutive record close [4] - The Nasdaq Composite rose 0.4%, marking the strongest September for the S&P 500 in 15 years [4] Upcoming Market Events - Key economic data releases include August Factory Orders and Durable Goods Orders, along with the weekly Unemployment Claims report, expected to show a slight increase in claims [5] - Earnings reports are anticipated from companies such as AngioDynamics, Tesco, VinFast, and others, which will be closely scrutinized for their impact on market sentiment [5] - Federal Reserve officials' remarks, particularly from Dallas Fed's Lorie Logan, are expected to be impactful, with a 94.6% likelihood of an interest rate cut projected for the October meeting [5] Company-Specific Developments - Nike shares rose 6.4% after surpassing profit expectations and reporting strong growth in North American apparel sales [9] - Lithium Americas stock surged 23.3% after the U.S. government approved a $2.26 billion loan and took an ownership stake in the company, with a premarket climb of 39% [9] - Tesla is anticipated to report its third-quarter deliveries soon, following a four-session winning streak [9] - BASF announced new recycling processes for polyamides from end-of-life vehicles, contributing to the circular economy [9] - Unilever released a shareholder circular regarding a demerger expected to be finalized on November 8, 2025, which could impact its valuation and strategic direction [9] - Zurich Insurance Group published a report advocating for standardized national cybersecurity metrics to address global cyber risk protection gaps [9]
X @Forbes
Forbes· 2025-10-02 02:35
The Swedish carmaker isn’t a giant by sales, but Chief Sustainability Officer Vanessa Butani wants it to be a circular business leader with aggressive reuse of metals, batteries and other materials and climate-neutral auto-assembly plants.Read more: https://t.co/b6T808fPRp https://t.co/0TMRBN46F4 ...
Ecolomondo's Hawkesbury TDP Facility Reports Record Monthly Revenues for September
Thenewswire· 2025-10-01 17:05
Core Insights - Ecolomondo Corporation reported record revenues of C$224,175 for September 2025, marking a 325% increase from C$52,724 in September 2024, and surpassing the $200,000 monthly revenue milestone for the first time [2][4][10] Revenue Performance - The revenue streams from the Hawkesbury TDP facility include sales of recovered carbon black (rCB), oil, gas, steel, and tipping fees for scrap tire disposal [3][12] - Despite the revenue growth, the company continues to operate at a loss, estimating an operating loss of approximately $125,000 for September 2025 due to the facility's ramp-up phase [4] Customer Engagement - A major off-take customer purchased 15 truckloads of rCB (23 metric tons each), with 3 truckloads shipped in September [5] - A second U.S.-based customer has approved Ecolomondo's rCB for use in its supply chain and placed a trial order of 4 metric tons, with potential future orders of 4 to 6 truckloads per month [5] Product Quality and Environmental Impact - The Hawkesbury facility shipped 4 tanker loads of ISCC Plus certified tire-derived oil, recognized as a high-quality sustainable resource [6] - Each truckload of rCB produced prevents approximately 42 metric tons of greenhouse gas emissions, highlighting the environmental benefits of Ecolomondo's TDP technology [8][22] Operational Expansion - To support increased production, Ecolomondo is hiring and training additional staff across all departments of the Hawkesbury facility [9] - The Hawkesbury facility is expected to process approximately 1 million scrap tires per year, producing around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [13] Future Projects - The Shamrock facility is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [14] Company Vision and Strategy - Ecolomondo aims to be a leading producer of recovered resources, focusing on building and operating TDP facilities in industrialized countries [15][16] - The company has received ISCC certification for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability [17][18]
Campine completes acquisition of Ecobat’s French battery recycling operations
Globenewswire· 2025-10-01 06:30
Core Insights - Campine NV has completed the acquisition of Ecobat's French subsidiaries, enhancing its leadership in Europe's circular economy [1] - The acquisition includes two battery recycling plants and one semi-finished lead products factory, adding 70,000 tons of annual battery recycling capacity [2] - The acquired assets generated approximately €100 million in revenue in 2024, with a final purchase price expected to be around €14 million [3] Strategic Growth in France - The acquisition marks a significant step in Campine's European expansion, with five plants now operating in France [4] - The company anticipates realizing operational synergies quickly and strengthening its regional supply chain [4] - Plans are in place to adapt the furnaces to Campine's proprietary technology for recovering additional metals, aligning with its multi-material recycling strategy [4] Benefits Across Campine's Businesses - The acquisition will bolster Campine's recycled plastics business unit, as the Ecobat plants produce around 3,000 tons of polypropylene waste annually from battery casings [5] Exclusions from the Deal - The transaction does not include Ecobat's Li-ion collection activities or its new lead-acid battery sales and distribution in France [6]
Technip Energies awarded two services contracts for first-of-a-kind waste-to-methanol Ecoplanta project in Spain
Globenewswire· 2025-10-01 05:30
Core Insights - Technip Energies has been awarded two engineering services contracts by Repsol for the Ecoplanta project, a pioneering waste-to-methanol facility in El Morell, Spain [1][4] - The facility will be the first in Europe to convert non-recyclable municipal solid waste and biomass into renewable methanol at scale, contributing to CO2 emissions reduction and supporting circular economy goals [2][6] - The project is expected to process up to 400,000 tons of municipal waste annually, producing approximately 240,000 tons of methanol, which can be used for manufacturing circular materials and advanced biofuels [3][5] Company Involvement - Technip Energies will provide engineering and procurement services, overseeing the integration of Enerkem's gasification technology, which transforms non-recyclable waste into renewable fuels [5][7] - The contracts will be recorded in the Q3 2025 backlog within the Technology, Products & Services segment, highlighting the company's commitment to sustainable solutions [7] Financial and Environmental Impact - The project is co-funded by the European Union's Innovation Fund and is projected to reduce greenhouse gas emissions by 3.4 million tons of CO2-equivalent over its first decade of operation [6] - Technip Energies generated revenues of €6.9 billion in 2024, indicating a strong financial position to support innovative projects like Ecoplanta [9]
Republic Services' Recycled Plastic Flake Provides 54% Lower Carbon Footprint for Sustainable Packaging
Prnewswire· 2025-09-30 13:04
Core Insights - Republic Services, Inc. is producing recycled plastic flake (rPET) at its Las Vegas Polymer Center, which has a significantly lower carbon footprint compared to other rPET and virgin PET in the U.S. market, aiding customers in decarbonizing their supply chains and reducing Scope 3 emissions [1][3]. Group 1: Environmental Impact - The global warming potential of the bottle-grade, clear rPET flake produced at the Las Vegas Polymer Center is 54% lower than evaluated rPET alternatives and 82% lower than virgin PET [3]. - The lower carbon footprint is attributed to more effective energy use at the facility, which employs patented equipment that consumes less electricity and thermal energy per kilogram of flake compared to other mechanical recycling processes [5]. Group 2: Production Capacity and Process - Republic Services operates Polymer Centers in Las Vegas and Indianapolis, with a third facility under construction in Allentown, Pennsylvania, each capable of producing approximately 120 million pounds of bottle-grade recycled plastics annually [6]. - The rPET flake produced is bottle-grade, enabling bottle-to-bottle circularity, and the company manages post-consumer recycled material from collection to flake production, contrasting with imported rPET [7]. Group 3: Sustainability Initiatives - The company emphasizes its commitment to advancing circularity and supporting decarbonization, aiming to partner with customers to create a more sustainable world [8].
American Battery Technology Company and Call2Recycle Launch Landmark Partnership to Expand Consumer Lithium-Ion Battery Recycling in the U.S.
Globenewswire· 2025-09-30 13:00
Core Insights - American Battery Technology Company (ABTC) has formed a strategic partnership with Call2Recycle to enhance lithium-ion battery recycling options for U.S. consumers, transitioning from a business-to-business model to a direct-to-consumer approach [1][3][5] - The partnership aims to strengthen the domestic supply chain for critical minerals, reducing reliance on foreign sources and promoting a circular economy for battery materials [3][5] Group 1: Partnership Details - Call2Recycle operates an extensive network for collecting end-of-life lithium-ion batteries, which will now be processed at ABTC's advanced recycling facilities [2][4] - ABTC utilizes a closed-loop recycling system to recover critical minerals such as lithium, cobalt, nickel, and manganese with high efficiency and minimal environmental impact [2][3] Group 2: Strategic Importance - The collaboration addresses the increasing demand for critical minerals driven by the growth of electric vehicles and consumer electronics, contributing to national energy security [5] - By providing accessible recycling options, the partnership ensures valuable battery materials are reintroduced into the manufacturing cycle, preventing them from ending up in landfills [3][5] Group 3: Company Background - ABTC is headquartered in Reno, Nevada, and focuses on unlocking domestically manufactured and recycled battery metals to meet the demand from electric vehicle and consumer electronics industries [6] - Call2Recycle has been a leader in battery recycling for over 30 years, partnering with various stakeholders to enhance battery recycling accessibility [7][8]
Xeriant Initiates Certification Process with September Production of NEXBOARD Panels
Globenewswire· 2025-09-30 12:05
Core Insights - Xeriant, Inc. has successfully completed its September production run for NEXBOARD™, an eco-friendly composite construction panel, marking the start of the certification process and providing samples to prospective clients in the construction industry [1][2] - The production run demonstrated that NEXBOARD can be manufactured at scale while meeting high standards of quality and uniformity, which are essential for ramping up production [2] - NEXBOARD is designed to support green building certifications and aligns with circular economy objectives, constructed primarily from recycled plastic and fiber waste, offering exceptional durability and resistance to various environmental factors [2][3] Company Overview - Xeriant, Inc. focuses on the discovery, development, and commercialization of transformative technologies, including advanced materials, and aims to partner with visionary companies to accelerate its mission [5] - The advanced materials line is marketed under the DUREVER™ brand, with NEXBOARD designed to replace traditional construction materials such as drywall and plywood [5] Market Context - The green construction materials market is projected to reach USD 1.8 trillion by 2030, driven by increasing demand for sustainable materials like NEXBOARD, which addresses significant resource consumption and CO2 emissions in the construction industry [3]
Closed Loop to loan TemperPack $10M
Yahoo Finance· 2025-09-30 11:59
This story was originally published on Packaging Dive. To receive daily news and insights, subscribe to our free daily Packaging Dive newsletter. Dive Brief: Closed Loop Partners will provide a $10 million loan to TemperPack, a Virginia-based cold-chain packaging solutions company focused on plant-based alternatives to plastic foam. TemperPack will use the financing to support research and development, manufacturing and distribution of easier-to-recycle fiber-based products, which help to reduce relia ...