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Is Eastman Chemical Stock Underperforming the S&P 500?
Yahoo Finance· 2025-09-24 10:48
Eastman Chemical Company (EMN) is a global specialty materials firm headquartered in Kingsport, Tennessee. With a market cap of $7.4 billion, Eastman specializes in producing a wide range of products, including chemicals, fibers, and plastics, for various industries such as automotive, electronics, and consumer goods. Companies with a market capitalization between $2 billion and $10 billion are generally classified as 'mid-cap stocks,” and EMN perfectly fits that description, with its market cap exceeding ...
Composition of Lassila & Tikanoja plc’s Nomination Board
Globenewswire· 2025-09-23 15:15
Group 1 - Lassila & Tikanoja plc's three largest shareholders are entitled to appoint representatives to the company's Nomination Board, based on the shareholder register as of September 1, 2025 [1][3] - A group of shareholders, including Chemec Oy and various members of the Maijala family, have agreed to appoint a joint representative to the Nomination Board [2] - The Nomination Board is responsible for preparing proposals for board members and board remuneration for the next Annual General Meeting [4] Group 2 - The Chairman of the Nomination Board is Miikka Maijala, and the fourth member is Jukka Leinonen, the Chairman of Lassila & Tikanoja plc's Board of Directors [3] - Lassila & Tikanoja operates in the circular economy sector, focusing on maximizing the productive use of materials and enhancing raw material and energy usage [5] - The company employs approximately 7,400 people and reported net sales of EUR 770.7 million in 2024 [5]
Carlsberg Britvic partners with DS Smith to create sustainable packaging innovation and cut over 50 tonnes of carbon dioxide emissions
Retail Times· 2025-09-23 10:23
Core Insights - DS Smith has partnered with Carlsberg Britvic to upgrade its packaging to a new OTOR8 'Bag-in-Box' design, aiming to enhance efficiency and sustainability in the supply chain [1][4] - The new design features an 8-sided shape that allows for an average of 25% more boxes to be loaded onto each pallet, optimizing logistics and reducing the number of pallets and lorries needed [2][3] - Carlsberg Britvic has invested over £9 million in carbon-cutting technology in the past three years and sources 75% of its grid electricity from solar panels, demonstrating a strong commitment to carbon reduction [4] Company Initiatives - The OTOR8 design is part of a broader initiative by DS Smith to improve supply chain efficiency and sustainability, aligning with its Circular Design Metrics to evaluate packaging circularity [5][6] - The partnership aims to reduce carbon emissions and improve warehouse storage efficiency, while also minimizing the risk of leakage and enhancing packaging stability [3][5] - Carlsberg Britvic produces over 25 million litres of soft drinks annually for the hospitality sector, emphasizing the importance of high-quality packaging in its operations [5]
Ecolomondo Delivers Growing Revenues from its Hawkesbury TDP Facility
Thenewswire· 2025-09-22 13:55
Core Viewpoint - Ecolomondo Corporation is experiencing significant sales growth from its Hawkesbury TDP facility, driven by increased demand for recovered carbon black (rCB) and tire-derived oil (TDO) [1][4]. Sales and Revenue - A major customer has purchased 12 truckloads of rCB, totaling approximately 276 metric tons, with plans to increase orders [2] - Revenues for the period from January 1 to August 31, 2025, reached $640,986, marking a 91% increase from $336,078 in the same period of 2024, primarily due to rCB sales [4]. Production and Operations - The company has shipped its 26th tanker load of TDO, totaling 520 metric tons, valued at approximately $416,000 USD [3] - Ecolomondo has received orders for 4 additional truckloads of rCB and plans to hire more employees to meet rising demand [3]. Facility Details - The Hawkesbury facility is designed to process approximately 1 million scrap tires annually, 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 [8]. - The Shamrock facility, projected to begin construction in Q3 2025, will process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB and 18,000 metric tons of oil [9]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [16]. Company Vision and Strategy - Ecolomondo aims to be a leading player in the cleantech sector, focusing on the production and resale of recovered resources through strategically located TDP facilities [10][11]. - The company has received ISCC certification for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability [12]. Podcast and Communication - The Executive Chairman participated in a podcast discussing the company's vision and progress, available on various platforms [6].
Eastman Chemical’s (EMN) Innovation in Sustainability Boosts its Spot Among Safest High Dividend Stocks
Yahoo Finance· 2025-09-22 01:33
Group 1 - Eastman Chemical Company is recognized as one of the 10 Safest High Dividend Stocks to buy, highlighting its strong financial stability and commitment to sustainability [1][2] - The company is focusing on advanced recycling technologies, such as Carbon Renewal Technology (CRT) and Polyester Renewal Technology (PRT), to address the global plastic waste challenge, which sees only a small fraction of the 360 million metric tons recycled annually [2] - Eastman is investing in new recycling plants in Tennessee, Texas, and France, including the world's largest methanolysis facility in Kingsport, Tennessee, expected to generate over $500 million in EBITDA by 2029 [3] Group 2 - Eastman Chemical offers a quarterly dividend of $0.83 per share, resulting in a dividend yield of 5.10% as of September 20, and has consistently raised its dividends for 15 consecutive years [4]
Lactalis Canada Releases 2024 ESG Report
Globenewswire· 2025-09-17 18:30
Core Insights - Lactalis Canada has released its 2024 Environmental, Social, and Governance (ESG) Report, emphasizing its commitment to sustainability and responsibility across its supply chain [1][2] - The report aligns with Lactalis Group's global ESG framework and focuses on three key pillars: People & Communities, Authentic Products & Heritage, and Land & Resources [2] People & Communities - The company invested over $3.3 million in community initiatives, providing nearly one million liters/kilograms of nutritious dairy products [7] - Lactalis Canada improved its workplace safety performance with a 12% year-over-year decrease in workplace injury rates [7] - The company reinforced its commitment to internal development, with 42% of salaried roles filled by internal candidates [7] Authentic Products & Heritage - Lactalis Canada expanded its product lines to cater to diverse consumer dietary preferences, including lactose-free cheese and butter, and high-protein, low-sugar yogurts made with natural ingredients [7] - The company advanced responsible sourcing practices, achieving nearly 500 million consumer impressions of the Blue Cow logo on approximately 800 products containing 100% high-quality Canadian milk [7] Land & Resources - Lactalis Canada opened a new zero-carbon ready distribution center in Oshawa, Ontario, enhancing supply chain capacity and efficiency [7] - The company celebrated the validation of Lactalis Group's greenhouse gas (GHG) reduction targets by the Science-Based Targets initiative, marking a significant step in its climate strategy [7] - Since 2019, Lactalis Canada has lowered its scope 1 and scope 2 emissions intensity by 10.3% and achieved 0 kg PVC in its packaging, promoting greater circularity in recycling systems [7] - The company avoided 191,345 tons of packaging through light-weighting programs, reducing material usage [7]
Ecolomondo Continues Deliveries of Recovered Carbon Black from its Hawkesbury TDP Facility
Thenewswire· 2025-09-17 15:35
Core Viewpoint - Ecolomondo Corporation is advancing its sustainable scrap tire recycling technology, focusing on the production and sale of recovered carbon black (rCB) and tire-derived oil (TDO) from its Hawkesbury facility, with increasing demand from major customers [1][2][4]. Company Developments - The company has successfully shipped initial truckloads of rCB to a major off-take customer, who has placed additional orders for the 7th and 8th truckloads, each approximately 23 metric tons [2][3]. - A second major customer in the USA has approved Ecolomondo's rCB for its supply chain, with expectations for bulk purchase orders soon [4]. - Ecolomondo has shipped its 25th tanker load of TDO, totaling 500 metric tons, valued at approximately $400,000 [5]. Production Capacity - The Hawkesbury facility is designed to process approximately 1 million scrap tires annually, 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 [9]. - The upcoming 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 [10]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to virgin carbon black production. The Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [17]. Revenue Streams - Revenue from TDP facilities will be generated through the sale of end-products such as rCB, oil, gas, fiber, and steel, as well as from tipping fees for processing scrap tires [8]. Strategic Vision - Ecolomondo aims to be a leading producer and reseller of recovered resources, focusing on building and operating TDP facilities in industrialized countries to enhance shareholder value and contribute to the circular economy [11][12]. Certification and Compliance - The company has received the International Sustainability and Carbon Certification (ISCC) for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability in the supply chain [13]. Social Responsibility - Ecolomondo is committed to measuring global health and safety, injury rates, gender diversity, ethics, anti-corruption, ESG reporting, and board independence as part of its Environmental, Social, and Governance (ESG) initiatives [15].
SMX and BT-Systems - Competence Center REDWAVE Demonstrate to NAFRA Breakthrough Toward Industry Standard for Certified Recycling with Digital Passport in Food-Grade, Flame-Retardant and Carbon Black Plastics
Accessnewswire· 2025-09-17 12:40
Group 1 - The company SMX (Security Matters) PLC has successfully completed two proof-of-concept trials with BT-Systems, demonstrating advanced sorting solutions for the National Flame Retardant Association (NAFRA) [1] - The trials validated the high-speed identification and sorting capabilities for both food-grade plastics and flame-retardant black plastics [1]
Aduro Clean Technologies Europe Joins Dutch Trade Delegation at Expo 2025 Osaka Japan
Globenewswire· 2025-09-16 11:00
Company to present its Hydrochemolytic™ Technology (HCT), highlighting the role of innovative chemical recycling in advancing sustainable chemistryLONDON, Ontario, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that Aduro Clean ...
EU aluminium scrap exports raise concerns for packaging industry
Yahoo Finance· 2025-09-16 09:24
Core Viewpoint - European aluminium producers are concerned that unchecked scrap exports could undermine recycling capacity and disrupt supply chains essential for the packaging industry [1] Group 1: Recycled Aluminium Supply - Recycled aluminium is crucial for packaging production, with demand increasing due to its lightweight properties and potential for infinite reuse [2] - Approximately 40% of aluminium consumed in Europe, equating to around 5 million tonnes annually, is sourced from recycled materials [2] - Despite investments of around €700 million over the past decade to enhance recycling capacity by an additional 1 million tonnes annually, about 15% of European recycling capacity remains idle [3] Group 2: Industry Concerns and Recommendations - High levels of scrap exports are reducing the availability of feedstock for European recyclers, threatening the steady supply needed for packaging manufacturers [3] - European Aluminium has urged the European Commission to consider implementing a tax on scrap exports to protect recycling as a competitive advantage in meeting climate goals [4] Group 3: Impact on Packaging Sustainability - The packaging industry heavily relies on secondary aluminium to fulfill regulatory and consumer demands for low-carbon materials [6] - The absence of provisions on scrap exports in the EU's Carbon Border Adjustment Mechanism (CBAM) creates a policy gap, risking the loss of essential resources for reducing emissions and advancing circular economy targets [6] - Without stronger measures, packaging producers may face material shortages, increased costs, and greater dependence on imports, hindering sustainability commitments [5][7]