Latest news with #PolyethyleneTerephthalate
Business Wire
24-06-2025
- Business
- Business Wire
Tivoli Lighting Introduces PET Globes for Strand Lighting to Provide Even More Mix-and-Match Options for Designers
IRVINE, Calif.--(BUSINESS WIRE)--With more than 50 years of innovation and linear lighting leadership, Tivoli Lighting introduces Polyethylene Terephthalate (PET) Globes for 100-percent shatter-proof performance for use with its ADAPT and Litesphere light strand lines. New designs and colors, as well as traditional customer favorites, are available to provide superior performance and a wide array of color and style combinations for interior and exterior lighting options. The ADAPT lights with 5' PET globes and the Litesphere strand lines with 2 ½' PET globes are now available in three lines: New Designs - Diffused Pearl, Opalescent Pearl, Simulated Cracked, and Simulated Fragmented Cosmic Colors – Cosmic Green, Nebula Pink, Celestial Purple, and Solar Yellow Favorites – Gina, Katie, Angela, and Lucia-clear frosted The ADAPT and Litesphere strand lighting systems operate on 12V DC and offer versatile dimming options, including MLV, ELV, 0-10V, and DMX protocols. Designed for extended installations, they support continuous runs of up to 250 feet. With an IP67 rating, both systems are built to withstand moisture and harsh outdoor environments. Delivering up to 90.2 lumens per foot, they combine durability with high-performance illumination. Both strand lines are cULus listed with proprietary receptacles that eliminate water penetration thanks to a screw-on design and fitted double O-ring for a secure fit. The robust specification-grade strand lines provide factory-molded standard spacing for consistent quality from start to finish and are available with a Dark Sky option with added light shade. ADAPT and Litesphere light strands have a 70,000-hour performance life and come with a three-year warranty. For more information about the ADAPT and Litesphere, contact Tivoli Lighting at 714-957-6101 or visit and About Tivoli With more than 50 years of innovation and experience, Tivoli continues to lead the linear lighting industry with its award-winning architectural and theater LED-based products that offer improved appearance, quality, performance and energy saving advantages. Tivoli's team continues to strive to incorporate innovation, color quality, and longevity of life into every product it manufactures and engineers for high quality performance and extended service life.
Business Recorder
24-06-2025
- Business
- Business Recorder
Ecopack approves 2.03MW solar power project
KARACHI: In a major step towards embracing clean energy solutions, Ecopack Limited, a listed company specialising in the manufacturing and sale of Polyethylene Terephthalate (PET) bottles and preforms has announced plans to install a 2.03 megawatt (MW) solar power generation facility at its site. In a notice sent to the Pakistan Stock Exchange (PSX) on Monday, the company formally disclosed that its Board of Directors has approved capital expenditure (CAPEX) for the acquisition of land measuring 3.63 acres, alongside the installation of the solar power project. The initiative underscores Ecopack's commitment to reducing its environmental footprint and cutting operational energy costs through renewable energy integration. 'In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, the Board has approved the CAPEX for acquisition of land measuring 3.63 acres and the installation of a 2.03 MW solar power generation facility,' read the company's official statement. Ecopack Limited, incorporated in Pakistan as a limited liability company, primarily caters to the beverage and liquid packaging industry and has increasingly prioritized sustainable practices as part of its operational strategy. The development is a part of broader clean energy transition in Pakistan, where the adoption of solar power has gained considerable momentum in recent years. Despite being a developing economy facing significant fiscal and energy challenges, Pakistan has quietly emerged as one of the fastest-growing solar markets globally. According to the Pakistan Economic Survey 2024-25, the country's net-metering capacity surged to 2,813 MW as of March 31, 2025, reflecting the sharp increase in both industrial and residential solar installations. Meanwhile, this rapid adoption has prompted the federal government to revise its policy framework for the solar sector. In the federal budget for 2025-26, Finance Minister Muhammad Aurangzeb proposed an 18 percent sales tax on imported solar panels — a move aimed at supporting local manufacturing. However, following consultations with industry stakeholders, the government revised the General Sales Tax (GST) rate downward to 10 percent. Industry experts believe that initiatives like Ecopack's solar project not only demonstrate corporate responsibility but also signal the maturing of Pakistan's renewable energy sector, as businesses increasingly seek energy security and operational efficiency amid volatile fuel prices and frequent power shortages. Copyright Business Recorder, 2025
Business Recorder
23-06-2025
- Business
- Business Recorder
Pakistan's PET bottle maker to install 2MW solar system
Ecopack Limited has taken a significant step towards sustainable energy consumption, announcing plans to install a 2 megawatt (MW) solar system. The listed company, engaged in the manufacturing and sale of Polyethylene Terephthalate (PET) bottles and preforms for the market of beverages and other liquid packaging industry, disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. 'The Board has approved the CAPEX for acquisition of land measuring 3.63 acres and the installation of a 2.03 MW solar power generation facility,' read the notice. Ecopack Limited is a limited liability Company incorporated in Pakistan under the repealed Companies Ordinance, 1984. Days ago, Gharibwal Cement Limited successfully commissioned an additional 12.5MW solar power system at its plant site. Despite being a low-income country plagued by economic and social issues, a green revolution is taking place in Pakistan, and the South Asian country has quietly emerged as one of the world's largest markets for the growing solar industry. According to the Global Electricity Review 2025 by Ember, an energy think tank in the UK, Pakistan imported 17 gigawatts (GW) of solar panels in 2024, joining the ranks of leading solar nations. This rising trend has left decision-makers grappling with its implications for the national grid and energy sector, as electricity consumption remains stagnant. In response, the federal government, in its budget for the financial year 2025-26, on Tuesday revealed its intention to impose an 18% sales tax on imported solar panels. The proposed tax would help the local industry grow, Finance Minister Muhammad Aurangzeb said in his budget speech in the National Assembly. However, the government, after consultation with the stakeholders, decided to lower GST to 10%. The development comes amid a solar boom in the country, with net-metering capacity in Pakistan jumping to 2,813 megawatts (MW) as of March 31, 2025, according to the Pakistan Economic Survey 2024-25.
Yahoo
11-06-2025
- Business
- Yahoo
China Polyethylene Terephthalate Industry Report 2025: Market Review 2019-2024 and Forecasts 2025-2029 - Capacity, Supply and Demand, Manufacturers, Trade, End-users
Explore comprehensive insights with our China Polyethylene Terephthalate Market Report. Analyzing trends from 2019-2024 and forecasting 2025-2029, the report covers supply, demand, prices, and key players. Uncover growth drivers, challenges, and market forecasts, crucial for strategic planning. Dublin, June 11, 2025 (GLOBE NEWSWIRE) -- The "Polyethylene Terephthalate Market in China: 2019-2024 Review and Forecast to 2029" report has been added to report is an essential resource for anyone looking for detailed information on the China Polyethylene Terephthalate market. The report covers 2019-2024 analysis and 2025-2029 forecasts for supply and demand, prices, and downstream report includes not just high-quality tables and figures but also a detailed textual content which all together give a true insight into the national market for Polyethylene Scope The report considers present situation, historical background and forecast of Polyethylene Terephthalate market in China Comprehensive data on Polyethylene Terephthalate supply/demand, trade statistics, and prices in the recent years is provided in the report The report gives information about Polyethylene Terephthalate market players in China Polyethylene Terephthalate market forecast for the next five years, including market volumes and prices is also included: Key Questions Answered in the Report What were the main trends of China Polyethylene Terephthalate market in 2019-2024? What was the size of the China Polyethylene Terephthalate market in 2019-2024? What was China Polyethylene Terephthalate supply in 2019-2024? What are the main players in China Polyethylene Terephthalate market? What drivers and challenges will determine the development of China Polyethylene Terephthalate market in 2025-2029? What will be the CAGRs for China Polyethylene Terephthalate supply and demand? Are there Polyethylene Terephthalate projects to be completed in 2025-2029 in China? And many others Key Topics Covered: 1. Overview of Polyethylene Terephthalate Market in China2. Capacity in China2.1. Country Capacity, Shares in Global and Regional Markets (2024)3. Polyethylene Terephthalate Supply in China3.1. China Production in 2019-20243.2. China Production Shares in Global Market and in Regional Market in 2019-20244. Polyethylene Terephthalate Manufacturers4.1. Polyethylene Terephthalate Market Players Profiles4.2. Plants Capacity, Shares in Domestic, Regional and World Markets5. Polyethylene Terephthalate Demand in China5.1. Demand Structure, Consumption in 2019-20245.2. China Demand Shares in Regional Market and in Global Market in 2019-20246. Polyethylene Terephthalate Trade in China6.1. Export, Export Share in Production (Recent Years)6.2. Import, Import Share in Consumption (Recent Years)6.3. Annual Prices (Recent Years)7. Polyethylene Terephthalate Market Forecast to 20297.1. General Market Forecast7.2. Polyethylene Terephthalate Production Forecast to 20297.3. Polyethylene Terephthalate Consumption Forecast to 20298. Prices Forecast in China9. Polyethylene Terephthalate End-users in ChinaKey Data Tables Polyethylene Terephthalate Country Capacity in China in 2024 Polyethylene Terephthalate Production in Country in 2019-2024 Country Production Share Globally in 2019-2024 Country Production Share in Region in 2019-2024 Polyethylene Terephthalate Plants Capacity in 2024 Manufacturers Shares in Global Industry Polyethylene Terephthalate Demand Structure, 2024 Polyethylene Terephthalate Demand Dynamics in China in 2019-2024 Country Consumption Share Globally in 2019-2024 Country Consumption Share in Region in 2019-2024 Trade of Polyethylene Terephthalate in China in Recent Years Export Share in Production in Recent Years Import Share in Consumption in Recent Years Structure of Export by Country in Recent Years Structure of Import by Country in Recent Years Export and Import Prices in China in Recent Years Production Forecast to 2029 Demand Forecast to 2029 For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
NDTV
31-05-2025
- NDTV
Himachal's 'Return Your Trash' Scheme As Mountains Drown In Garbage
Plastic bags and bottles strewn everywhere, animals scavenging on dumped solid waste - the disturbing site is not from a dumpsite but from a forest in Himachal Pradesh's Kasol. Several videos showing piles of garbage in Kasol's Parvati valley, with a murder of crows flying over the dump, are now trending on X, shining a spotlight on choking rivers and littered forests in the famous vacation spots up in the mountains. The pristine Parvati Valley, which starts from the confluence of two rivers (Beas and Parvati) and leads to Malana - a village surrounded by steep cliffs and snow-capped mountains - near the famous hamlet Kasol, is now dotted with non-biodegradable waste. This is not just the story of Kasol or Parvati Valley, but the tourist-favourite valleys of Tirthan, Jibhi, Saing, Balichowki and Banjar are also drowning in trash. And, in its latest effort to change that, Himachal Pradesh, which advertises itself as a "destination for all seasons and all reasons", has approved a scheme under which consumers will pay a refundable deposit above the price of a non-biodegradable product, which will be returned when the empty item is brought back. The Deposit Refund Scheme 2025 aims to effectively manage and reduce non-biodegradable waste, an official statement said. The scheme will be implemented on a pilot basis and applicable to a wide range of packaging materials, such as glass bottles, plastic beverage containers, aluminium cans, liquid packaging, flexible plastic packaging and multilayered packages. The scheme, which will first be launched on a trial basis in key tourist destinations, is to encourage tourists and vendors to take responsibility for the waste they generate, said Himachal Industries Minister Harshvardhan Chauhan. He stressed that it is also a part of the state's broader effort to safeguard Himachal's fragile ecology. "Plastic and polythene are a major challenge in our hill regions. This refundable fee mechanism is a step toward behavioural change," Mr Chauhan said. When asked how its effectiveness will be monitored, he said it will be done via QR codes. "Based on QR code scanning, the vendor will charge a nominal fee, and that will be refunded once the plastic pack is disposed of at the collection centre," he said. As per reports, Shimla produces nearly 2,800 tons of solid waste while Manali - another tourist magnet - produces over 1,100 tons per month. During the inflow of tourist seasons, the number doubles. Except for main cities like Shimla, many of the towns - which attract flocks of tourists for their serene beauty - don't have proper waste disposal systems. And, it leads to piles of garbage alongside roads, and clogged water sources. The move, however, is not the state's first such action to save its havens of natural beauty. Recently, the state government announced that the use of 500 ml plastic bottles made Polyethylene Terephthalate (PET) will be banned in all government programmes and hotels across Himachal Pradesh from June 1, 2025. The decision has been taken in view of the environmental damage caused by plastic waste, said Chief Secretary Prabodh Saxena. Any violation of these provisions may invite fines ranging from Rs. 500 to Rs. 25,000 under the relevant laws and regulations, he said. The Government of Himachal Pradesh enacted Himachal Pradesh Non- Biodegradable Garbage (Control) Act, in the year 1995. In 2009, it became the first state in India to ban plastic and polythene carry bags. And, since then, the state government has been making continuous efforts to reduce the plastic waste in the towns and rural areas of the state. In 2018, the state announced the ban on the use of thermocol cutlery, including cups, plates, glasses and spoons.
