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KKR to buy UK recycling firm Viridor for £4.2bn

UK recycling firm Viridor is to be sold to US-based private equity firm Kohlberg Kravis Roberts & Co (KKR) for £4.2 billion ($4.76bn). Parent company...

Biffa to boost plastics recycling capacity

UK waste management company Biffa plans to quadruple its plastics recycling capacity as part of a wider target to halve its carbon emissions by...

Circular Economy Plan focuses on high-hanging fruit

The European Commission has adopted a new Circular Economy Plan – one of the main building blocks of the European Green Deal – which...

Mixed response to UK plastics packaging tax pledge

British Chancellor of the Exchequer Rishi Sunak has promised to deliver on the Conservative Party’s manifesto pledge to introduce a plastics packaging tax during...

EU Commission prepares circular economy action plan

The EU Commission will present its new action plan for the circular economy today. The IK Industrievereinigung Kunststoffverpackungen (German Association for Plastic Packaging and Films)...

Joint project pioneers closed material cycle

Label producer schäfer-etiketten has worked with Polifilm and self-adhesive solutions specialist Herma to create a label recovered entirely from PE packaging. The drugstore chain...

Neste scales up investments with Mirova partnership

Finland’s Neste is working with Mirova, an investment firm and affiliate of Natixis Investment Managers, to accelerate the transition to a circular economy for...

IK lambasts “false expectations” of European Plastics Pact

IK Industrievereinigung Kunststoffverpackungen (German Association for Plastics Packaging and Films) has called the European Plastics Pact “pure actionism” (activism) after its launch today, saying...

EuPC refuses to sign the European Plastics Pact

The trade association European Plastics Converters (EuPC) has refused to sign the European Plastics Pact, which was officially launched today under the aegis of...

Tomra signs up for Styrenics Circular Solutions

Recycling technology firm Tomra has joined Styrenics Circular Solutions (SCS), the value chain initiative to increase the circularity of styrenic polymers. The company joins...

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