Tag: plastic waste (2 articles)

Industry   |   8 March, 2023 at 5:31 PM

€6.7 billion investment gap to meet Europe's plastics recycling targets

A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.

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Business

AQUILA meets 2026 emissions target two years early

AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.

Industry

EC approves €400 million for Spanish hydrogen scheme

The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.