Economics of plastic recycling

McKinsey & Company release study examining the potential of plastics recycling technologies; estimates $60 billion in profit growth for petrochemicals and plastics sector

Coca-Cola to share packaging technology

Beverage producer Coca-Cola announces sharing of plant-based packaging technology with competitors

Edible packaging market expected to grow

Market study predicts development of the edible packaging market at compounded annual rate of 6.8%; expected to be worth over $1 billion by 2023

Plastic waste discussed in Davos

Panel at World Economic Forum discusses plastic waste and approaches for future; multiple industry announcements made related to plastics recycling and re-use

Development of biodegradable water bottle

Nestlé partners with Danimer Scientific to develop biodegradable plastic bottle for its water business

Restriction proposal on microplastics

ECHA notifies of intent to prepare restriction dossier for intentionally added microplastics in all consumer and professional products

12th amendment to EU plastic FCM regulation

EU Regulation on plastic materials and articles intended to come into contact with food amended; changes made to include three new substances and modify use and migration limits

Swiss industry discusses packaging of the future

Trade association’s annual conference 2019 zooms in on criteria for future-proof packaging solutions, focuses on recycling and consumer education

Nestlé steps towards packaging commitment

Food and beverage company Nestlé outlines specific steps in reaching its commitment of 100% recyclable or reusable packaging by 2025

Report on risk of microplastics

Scientists conclude no widespread risk currently posed by micro and nanoplastics; note limited evidence, measurement difficulty, and potential change with ongoing pollution