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2 days ago
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Recycled Polypropylene Packaging Market 2025 Statistics, Global Valuation and Regional Trends
As reported by Towards Packaging experts, the global recycled polypropylene in packaging market is anticipated to rise from USD 9.23 billion in 2024 to approximately USD 17.66 billion by 2034, with a CAGR of 6.73% from 2025 to 2034. Ottawa, July 24, 2025 (GLOBE NEWSWIRE) -- The global recycled polypropylene in packaging market size was recorded at USD 9.85 billion in 2025 and is forecast to increase to USD 17.66 billion in 2034, as per findings from a study published by Towards Packaging, a sister firm of Precedence market is gaining momentum due to increasing environmental concerns, rising demand for sustainable materials, and growing government regulations on plastic waste. Recycled polypropylene is widely used in rigid and flexible packaging applications, especially in food, beverage, personal care, and household products, due to its durability, chemical resistance, and recyclability. The circular economy initiatives adopted by manufacturers and retailers are also propelling the use of rPP. Additionally, advancements in recycling technologies have improved the quality and consistency of recycled polypropylene, making it more suitable for high-performance packaging needs and reducing reliance on virgin plastics. What is Recycled Polypropylene in Packaging? Recycled polypropylene (rPP) in packaging refers to the reuse of post-consumer or post-industrial polypropylene plastic waste to produce new packaging materials. Polypropylene is a versatile thermoplastic polymer widely used in packaging due to its lightweight, toughness, and resistance to chemicals and moisture. Instead of being discarded, used polypropylene products such as containers, caps, films, and automotive parts are collected, sorted, cleaned, and reprocessed into reusable pellets through mechanical or chemical recycling processes. These recycled materials are then used to manufacture new packaging solutions, including rigid containers, trays, bottles, and flexible films. The use of rPP helps reduce the environmental impact of plastic waste, conserve resources, and lower carbon emissions associated with virgin plastic production. Moreover, it supports the principles of the circular economy by promoting sustainable material usage and waste reduction. With growing demand for eco-friendly and cost-effective packaging, recycled polypropylene is becoming a preferred material across various industries, including food, personal care, and consumer Are the Key Trends Shaping the Recycled Polypropylene in Packaging Market? Advancements in Recycling Technologies Innovations in chemical recycling, such as depolymerization and pyrolysis, are enabling the conversion of contaminated or multilayer polypropylene into near-virgin quality resin. This breakthrough supports expanded use of recycled PP in demanding applications like food-grade packaging, flexible films, and automotive parts. AI-Driven Sorting & Quality Control Automated sorting tools using AI and NIR spectroscopy are boosting rPP purity and reducing contamination. This improves output consistency, lowers waste, and makes recycled polypropylene suitable for food and personal care packaging. Expansion into High‑Spec Packaging Brands like Procter & Gamble have officially approved chemical-grade rPP resins (e.g., PureFive) for precision components such as caps and high-performance BOPP films. These applications demonstrate that rPP can perform on par with virgin materials in structure and aesthetics. Strong Circular Economy & Regulatory Drivers Extended Producer Responsibility (EPR) policies and corporate sustainability targets (e.g., pledges to include 30–50% recycled content by 2030) are pushing demand. This is particularly evident in regions like Europe, North America, and Asia-Pacific. Flexible‑to‑Rigid Packaging Shift Flexible rPP formats (films, wraps, pouches) lead current usage due to their versatility. However, the rigid packaging segment (bottles, containers, caps) is projected to grow rapidly, driven by demand in the food, personal care, and household goods sectors. Supply‑chain Integration & Infrastructure Scaling Major players like LyondellBasell, Borealis, TOMRA, and Berry Global are collaborating to build infrastructure (mechanical and chemical recycling plants), enabling closed-loop systems and traceable recycled feedstock sourcing. Consumer Sentiment & Brand Risk Consumers, particularly in North America and Europe, are increasingly rejecting products due to unsustainable packaging. Alcohol and personal care brands face reputational risk unless they visibly embrace recycled content and recyclable is the Opportunity for the Growth of the Recycled Polypropylene in Packaging Market? Environmental Regulations and Sustainability Goals Governments worldwide are enforcing strict regulations on plastic usage and waste management, such as bans on single-use plastics and mandates for recycled content in packaging. These rules encourage manufacturers to adopt recycled materials like rPP to comply with sustainability standards and reduce landfill waste. Corporate Sustainability Commitments Leading consumer goods companies are pledging to include a minimum percentage of recycled content in their packaging to meet ESG (Environmental, Social, and Governance) goals. Recycled polypropylene is often favored due to its balance of durability, performance, and environmental benefits. In January 2025, in India, the ministry in charge of policies governing sustainable development and environmental preservation is called the MoEFCC. In a notification dated January 23, 2025, the MoEFCC introduced strict steps to alter the Plastic Waste Management Rules, 2016. It guarantees improved accountability, traceability, and adherence to the laws and guidelines governing the handling of plastic trash. Support for Circular Economy Models Recycled polypropylene supports the circular economy by extending the lifecycle of plastics. Many industries are actively investing in closed-loop systems to recover, recycle, and reuse polypropylene materials, reducing dependency on virgin plastics. Global Increase in Plastic Waste Generation The mounting volume of plastic waste has intensified the need for effective recycling solutions. Polypropylene, being one of the most commonly used plastics, represents a significant opportunity for recycling and reuse in packaging applications. Global plastic garbage production is expected to exceed 460 million tonnes per year by 2025. Fifty-one trillion microplastics and 25 trillion macroplastics are included in this. Every year, plastic waste kills 100,000 marine animals and more than a million seabirds. Limitations & Challenges in the Recycled Polypropylene in Packaging Market: Limited Recycling Infrastructure & Quality and Contamination Issues The key players operating in the market are facing issues due to limited acceptance in food packaging as well as limited recycling infrastructure, which may restrict the growth of the market. In many developing regions, there is inadequate infrastructure for collecting, sorting, and processing polypropylene waste. This results in lower recovery rates and inconsistent supply of high-quality rPP, making it difficult for manufacturers to scale their use in packaging. Recycled polypropylene often faces challenges related to contamination from food, labels, or other materials. Mechanical recycling can degrade the polymer's properties, leading to variations in strength, color, and odor. These issues restrict its use in high-performance or food-grade applications. More Insights of Towards Packaging: Recycled Materials Packaging Solutions Market - The global recycled materials packaging solutions market is forecast to grow from USD 205 billion in 2025 to USD 331.96 billion by 2034, driven by a CAGR of 5.5%. Custom Sustainable Boxes for E-Commerce Market - The custom sustainable boxes for the e-commerce market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Recycled Packaging for Apparel Market - The recycled packaging for the apparel market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Recycled Polyethylene Terephthalate Market - The recycled polyethylene terephthalate market is set to grow from USD 12.76 billion in 2025 to USD 26.78 billion by 2034. PVC Packaging Film Market - The polyvinyl chloride packaging film market is projected to reach USD 17.48 billion by 2034, growing from USD 14.06 billion in 2025, at a CAGR of 2.43% . Post-Consumer Recycled Plastic Market - The post-consumer recycled plastic market is expected to increase from USD 13.06 billion in 2025 to USD 31.91 billion by 2034, growing at a CAGR of 10.44%. Uncoated Recycled Paperboard Market - The uncoated recycled paperboard market is projected to reach USD 30.59 billion by 2034, growing from USD 20.97 billion in 2025, at a CAGR of 4.3% . Recycle Ready Retort Pouches Market - The recycle ready retort pouches market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2025 and 2034. Recycled PET Bottles Market - The recycled PET bottles market is set to grow from USD 2.67 billion in 2025 to USD 6.16 billion by 2034, with an expected CAGR of 9.74% over the forecast period from 2025 to 2034. Recycled Glass Market - The global recycled glass market is set to expand from USD 4.27 billion in 2024 to USD 7.71 billion by 2034, growing at a CAGR of 6.09% from 2025 to 2034. Recycled Aluminum Cans Market - The recycled aluminum cans market is anticipated to grow from USD 3.90 billion in 2025 to USD 5.90 billion by 2034, with a compound annual growth rate (CAGR) of 4.7%. Regional Analysis: Who is the leader in the Recycled Polypropylene in Packaging Market? North America dominates the recycled polypropylene in packaging market due to its well-established recycling infrastructure, strong regulatory framework, and increasing consumer awareness about sustainable packaging. The region's emphasis on circular economy practices and corporate sustainability commitments by major brands has accelerated the demand for rPP in various packaging applications. The presence of leading packaging and recycling companies, along with government initiatives promoting the use of recycled content, further supports market growth. Additionally, technological advancements in mechanical and chemical recycling enhance the quality and performance of rPP, making it a viable substitute for virgin plastics across diverse packaging segments. U.S. Market Trends The U.S. leads the North American rPP packaging market due to its robust recycling infrastructure, advanced technologies, and strong presence of packaging manufacturers and consumer goods companies. Federal and state-level regulations, such as minimum recycled content mandates and Extended Producer Responsibility (EPR) laws, are pushing industries toward sustainable packaging. Major brands, such as Coca-Cola and Unilever, have made commitments to incorporate recycled content, thereby boosting rPP demand. Additionally, innovations in chemical recycling are expanding the applications of food-grade rPP. Canada Market Trends Canada is experiencing steady growth in the rPP packaging market, driven by strong environmental policies and public pressure for sustainable packaging solutions. Government targets for zero plastic waste by 2030 and initiatives like the Canada-wide Action Plan on Zero Plastic Waste encourage the adoption of recycled materials. Provincial EPR programs and increasing investment in recycling infrastructure are improving access to high-quality rPP, especially for use in rigid containers and personal care packaging. How is the Opportunistic Rise of the Asia Pacific in the Recycled Polypropylene in Packaging Market? Asia Pacific is experiencing the fastest growth in the recycled polypropylene in packaging market due to rapid industrialization, expanding urban populations, and increasing environmental awareness. Governments in countries like China, India, Japan, and South Korea are implementing stricter waste management policies and promoting the use of recycled materials to combat plastic pollution. Additionally, the region's large consumer base drives demand for packaged goods, prompting manufacturers to adopt cost-effective and sustainable packaging solutions like rPP. Investments in recycling infrastructure and technological advancements, especially in mechanical and chemical recycling, are further enhancing the availability and quality of recycled polypropylene. Moreover, the presence of numerous packaging, plastic, and consumer goods manufacturers in the region supports large-scale adoption. Rising participation in global sustainability initiatives and corporate commitments to circular economy practices also contribute to the region's rapid growth in the rPP packaging market. China Market Trends China is a major driver of growth in the Asia-Pacific rPP packaging market due to its large-scale manufacturing capacity, government-backed plastic recycling policies, and growing investments in circular economy initiatives. The country is modernizing its recycling infrastructure and implementing strict plastic waste management laws, such as bans on non-degradable plastics and requirements for recycled content in packaging. Domestic demand for consumer products and e-commerce packaging further supports rPP usage. India Market Trends India is rapidly emerging as a significant market for rPP in packaging, fueled by rising environmental concerns, regulatory actions like the Plastic Waste Management Rules, and increased awareness among consumers and manufacturers. The government's push for sustainability, along with expanding urbanization and retail growth, is driving demand for cost-effective, recycled packaging solutions. Investments in sorting and recycling technologies are also improving the quality and availability of rPP. Japan Market Trends Japan's strong environmental policies and highly efficient waste management system make it a notable market for recycled polypropylene. The country emphasizes resource efficiency and supports recycling through extended producer responsibility schemes. Japanese packaging companies are focused on innovation and often incorporate rPP in food, personal care, and household product packaging as part of their sustainability commitments. South Korea Market Trends South Korea's government has implemented aggressive recycling targets and plastic reduction initiatives, encouraging businesses to shift toward sustainable packaging materials. With high public awareness and participation in recycling programs, rPP is being increasingly used in both rigid and flexible packaging formats. Strong support for eco-friendly technologies and innovation is aiding market growth. Australia Market Trends Australia's recycled polypropylene market is growing steadily, driven by national commitments to reduce plastic waste and increase recycled content in packaging by 2025. Federal initiatives like the National Plastics Plan and investment in advanced recycling infrastructure are making high-quality rPP more accessible. Brand-level sustainability goals also support the shift to recycled packaging. How Big is the Success of the Europe Recycled Polypropylene in Packaging Market? Europe is witnessing notable growth in the recycled polypropylene in packaging market due to its stringent environmental regulations, strong circular economy policies, and high consumer awareness of sustainability. The European Union's directives, such as the Single-Use Plastics Directive and the Packaging and Packaging Waste Regulation (PPWR), mandate increased use of recycled content and reduction of virgin plastic consumption. These policies drive manufacturers to adopt rPP in both rigid and flexible packaging applications. Europe's well-developed recycling infrastructure and advancements in chemical and mechanical recycling technologies ensure a consistent supply and quality of recycled polypropylene. Many European brands and retailers have committed to using sustainable packaging, further boosting rPP demand. Public and private investments in recycling innovation and eco-friendly packaging solutions are also contributing to market growth. The region's collaborative approach among governments, industry players, and consumers makes Europe a key growth hub for rPP in the global packaging industry. How Crucial is the Role of Latin America in Recycled Polypropylene in Packaging Market? Latin America is experiencing considerable growth in the recycled polypropylene in packaging market due to increasing awareness of plastic pollution, rising environmental regulations, and growing demand for sustainable packaging solutions. Countries such as Brazil, Mexico, and Argentina are implementing initiatives to improve plastic waste management and promote recycling practices. The expansion of consumer goods and retail industries in the region is driving the demand for cost-effective and eco-friendly packaging materials like rPP. Multinational companies operating in Latin America are aligning with global sustainability goals, encouraging the use of recycled content in packaging. While infrastructure challenges remain, ongoing investments in recycling facilities, public-private partnerships, and educational campaigns are gradually strengthening the region's capacity to support circular economy practices and drive rPP adoption. How does the Middle East and Africa lead the Recycled Polypropylene in Packaging Market? The Middle East and Africa hold strong potential for growth in the recycled polypropylene in packaging market due to rising environmental awareness, regulatory developments, and increased demand for sustainable packaging solutions. Governments in the region are beginning to implement stricter waste management policies and restrictions on single-use plastics, encouraging the use of recycled materials. Countries like South Africa and Saudi Arabia are making notable progress, with South Africa improving its recycling infrastructure and Saudi Arabia supporting green initiatives through public-private partnerships. The growing industrial activity, urbanization, and consumer preference for eco-friendly products are fueling demand for rPP in both rigid and flexible packaging formats. Although recycling infrastructure is still developing in parts of the region, ongoing investments, educational campaigns, and support from global sustainability programs are paving the way for increased adoption of recycled polypropylene in the packaging sector across the Middle East and Outlook Packaging Type Insights Flexible packaging is the dominant packaging type in the recycled polypropylene packaging market due to several key factors. First, flexible packaging offers significant material efficiency, using less plastic than rigid alternatives while maintaining product protection, making it highly attractive for sustainability-focused brands. Second, its lightweight nature reduces transportation costs and carbon emissions, aligning with environmental goals. Third, flexible formats such as pouches, wraps, and sachets are widely used across industries like food, personal care, and pharmaceuticals, driving high demand. Additionally, advancements in recycling technologies now allow for better incorporation of recycled polypropylene into flexible formats without compromising quality, strength, or functionality. These factors collectively reinforce flexible packaging's dominance in the rPP packaging market. Rigid packaging is the fastest-growing packaging-type segment in the recycled polypropylene packaging market due to increasing demand for durable, reusable, and recyclable packaging solutions, especially in food, beverage, and household product sectors. Its superior structural integrity makes it ideal for containers, bottles, caps, and trays that require product protection and extended shelf life. The growing adoption of post-consumer recycled polypropylene in manufacturing rigid formats is further driven by regulatory pushes for circular economy practices and brand commitments to sustainability. Additionally, advancements in mechanical and chemical recycling technologies have improved the quality of recycled PP, enabling its use in rigid applications without compromising performance, thereby accelerating growth in this segment. End Use Insights The food and beverage industry is the dominant end-use industry in the recycled polypropylene packaging market due to its high consumption of packaging materials for items like containers, caps, trays, and films. This sector demands packaging that ensures food safety, product freshness, and extended shelf-life qualities that recycled polypropylene can provide when processed under strict standards. The growing consumer preference for sustainable and eco-friendly packaging has pushed food and beverage brands to adopt rPP solutions. Moreover, regulatory pressure to reduce plastic waste and meet recycling targets has encouraged manufacturers to integrate recycled materials. The versatility, durability, and cost-effectiveness of rPP make it especially suitable for the diverse and large-scale packaging needs of this industry. The personal care and cosmetics segment is the fastest-growing end-use segment in the recycled polypropylene packaging market due to increasing consumer demand for sustainable beauty products and eco-friendly packaging solutions. As awareness of environmental issues rises, consumers are favouring brands that use recycled materials, prompting many cosmetic companies to adopt rPP in their packaging. Major brands such as L'Oréal and L'Occitane have made strong sustainability pledges, aiming to incorporate significant amounts of recycled content into their packaging lines. Recycled polypropylene offers excellent compatibility with aesthetic and functional needs, such as color customization, molding, and premium finishing, making it ideal for beauty containers and closures. Advancements in recycling technology have also improved the quality and safety of rPP, enabling its broader use in personal care applications. Furthermore, many consumers are willing to pay more for sustainably packaged products, giving brands an incentive to invest in rPP solutions. These factors collectively drive the segment's rapid Breakthroughs in the Market: In June 2025, senior officials from a number of organizations, including the Department of Chemicals & Petrochemicals, BIS, FSSAI, Reliance Industries Limited, Tata Consumer Products, Dabur India Limited, Nestlé India Limited, Jubilant FoodWorks Limited, Coco-Cola India, PepsiCo India Holdings Pvt. Ltd., Tops, Mars India, and Flex Limited, convened to exchange ideas, discuss obstacles, and coordinate future steps. In March 2025, leading global chemical company LyondellBasell today announced the introduction of Pro-fax EP649U, a novel polypropylene impact copolymer intended for the rigid packaging market. This cutting-edge product is perfect for food packaging applications because it is specially made for thin-walled injection molding. In January 2025, Antalis, a leading international B2B distributor of papers, packaging, and visual communication products and services, introduced Priplak R30, a line of colored and white polypropylene with 30% post-industrial recycled content that may be used for point-of-sale displays, labels, packaging, and other applications. Top Companies in the Recycled Polypropylene in Packaging Market Mitsubishi Chemical ECOPLAS (HK) LIMITED Pashupati Group of Industries Formosa Plastics Banyan Nation Sumitomo Chemical Co., Ltd. Berry Global Inc. Exxon Mobil Corporation Recycled Polypropylene in Packaging Market Segments Packaging Type Flexible Packaging Rigid Packaging End Use Food and Beverage Personal Care and Cosmetics Pharmaceuticals Household Products Industrial Goods Others By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Invest in Premium Global Insights @ If you have any questions, please feel free to contact us at sales@ About Us Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide. Our Trusted Data Partners: Precedence Research | Statifacts |Towards Automotive | Towards Healthcare | Towards Food and Beverages | Towards Chemical and Materials | Towards Consumer Goods | Towards Dental | Towards EV Solutions | Nova One Advisor | Healthcare Web Wire | Packaging Web Wire | Automotive Web Wire For Latest Update Follow Us: 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
Yahoo
6 days ago
- Business
- Yahoo
Saint-Gobain Creates Circular Economy Program for Insulation Fibers, Saving Over One and a Half Million Pounds of Waste in First Year
Cross-functional initiative allows CertainTeed to recycle insulation fibers from facility in Kansas City, Kansas to be reused in production of acoustic ceiling panels in L'Anse, Michigan MALVERN, PA / / July 24, 2025 / Through innovation and cross-functional collaboration, Saint-Gobain North America has successfully created a circular economy program within its CertainTeed Interior Products Group, allowing insulation fibers from its facility in Kansas City, Kansas to be recycled and reused as raw material in the production of ceiling panels at its facility in L'Anse, Michigan. In its first full year, the project has saved over one and a half million pounds of insulation from landfills. Established in 1951 and 1959 respectively, the manufacturing facilities in Kansas City and L'Anse are two of Saint-Gobain's longest operating plants in the United States. Fiberglass, a lightweight and strong material made from fine glass fibers, is a key component in production for both insulation and acoustic ceiling panels, creating natural synergies that make the program possible. In addition to reducing waste-to-landfill in Kansas City, one of the world's largest fiberglass insulation plants, the use of recycled materials in production lowers the global warming potential of CertainTeed L'Anse's ceiling panels and is estimated to save nearly 2,000 tonnes of carbon dioxide. "Creating circular economies within our production process is truly a win-win for our company, our customers and our communities," said Jay Bachmann, President of CertainTeed Interior Product Group. "I commend our teams in Kansas City and L'Anse who through innovation, collaboration, and out-of-the-box thinking are reducing waste and exemplifying Saint-Gobain's mission to be the leader in light and sustainable construction." Reducing waste and increasing the circularity of raw materials in its production processes remains a major commitment for Saint-Gobain. Over the past few years, the company has made significant advancements in circularity initiatives through several programs including: Announced in October 2024, Saint-Gobain launched RenuCoreTM by CertainTeed, technology that enables the recycling of asphalt shingles to be reused in hot mix asphalt paving. Working with partners The Durst Company and Infinite Recycled Technologies, Saint-Gobain North America has initiated a successful pilot to recycle architectural glass from buildings in New York City to be recycled and reused in the production of insulation. In 2023, Saint-Gobain Canada celebrated a major achievement in its robust gypsum wallboard recycling program, returning over 1 million tonnes of recycled gypsum back into production. This program has expanded beyond British Columbia to other provinces throughout the country. In its Ceramics division, Saint-Gobain has created a circular economy program for scrap finished goods, recycling and reusing materials from its Bryan, Texas facility in production at other plants throughout the United States. With over 160 manufacturing locations in the United States and Canada, every current and future member of the company's team plays a vital role in achieving its sustainability goals. A current list of job openings, including in Kansas and Michigan, can be found on the company's career website. About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME €46.6 billion in sales in 2024161,000 employees, locations in 80 countriesCommitted to achieving Carbon Neutrality by 2050 For more information about Saint-Gobain, visit and follow us on Twitter @saintgobain View additional multimedia and more ESG storytelling from Saint-Gobain on Contact Info:Spokesperson: Saint-GobainWebsite: info@ SOURCE: Saint-Gobain View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
7 days ago
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- Yahoo
Circ, Sanyou partner to scale recycled cellulosic fibre in China
Under this agreement, Sanyou will procure pulp from Circ's inaugural commercial-scale plant for five years with operations anticipated to begin in 2028. Located in Saint-Avold, France, the $500m facility will be capable of recycling up to 70,000 metric tonnes (mt) of textile waste per year. It will have the capability to process substantial quantities of mixed-fibre textiles, including common poly-cotton blends that represent a large fraction of global textile waste. The joint effort between the two companies will lead to the manufacture of Lyocell staple fibres with 30% recycled content, thereby enhancing the availability and growth of recycled fibres within the industry. Circ CEO Peter Majeranowski said: 'As one of the leading global MMCF producers, Sanyou's commitment to Circ demonstrates both the quality of our product and the future of the industry. 'Core to Circ — from our technology and products to our partnerships and business strategies — is creating forward momentum towards a truly circular economy in the global fashion industry, and strategic partnerships such as with Sanyou are crucial for the realisation of this goal.' The partnership underscores the importance of collaborative efforts for effectively scaling textile recycling technologies, said Circ. Sanyou's commitment also ensures that its clientele has access to Circ Lyocell amid increasing demand for sustainable products and as brands seek to diversify their supply chains. Circ's Lyocell, created from textile waste through a closed-loop process, are designed to meet or surpass virgin, tree-based lyocell and is ready for direct integration into textile production. Sanyou deputy general manager Zhang Dongbin said: 'Both Sanyou and Circ are dedicated in their commitment to fostering sustainable practices that reduce the environmental impact of the fashion industry. This strategic partnership will establish new benchmarks in the textile industry thanks to our shared vision for a sustainable future and circular economy.' Earlier this month, Circ announced its collaboration with European retailer Zalando to introduce the first items from Zalando's private label Anna Field made with Circ Lyocell. "Circ, Sanyou partner to scale recycled cellulosic fibre in China" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error 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
Globe and Mail
7 days ago
- Business
- Globe and Mail
PlasCred Awarded $5 Million Grant from Emissions Reduction Alberta to Advance Neos Facility
Calgary, Alberta--(Newsfile Corp. - July 23, 2025) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the " Company" or " PlasCred"), an Alberta-based clean technology company focused on advanced plastic recycling, is pleased to announce it has been awarded $5 million in non-dilutive funding from the Alberta government through Emissions Reduction Alberta (" ERA") to support the development of its first commercial-scale facility, Neos. PlasCred has already demonstrated proof-of-concept success with patent-pending Primus, its pilot-scale unit, which has been operational since May 2023. Primus has served as a foundational testing platform, validating the conversion of waste plastics into high-value Renewable Green Condensate™, a low sulphur, low carbon circular naphtha used as feedstock for the production of virgin plastic (" Condensate"). " By investing in advanced materials and circular economy solutions, we're helping Alberta's industries stay competitive, create jobs, and reduce emissions. This funding supports technologies that make better use of our resources while cutting costs. It's a win for both the economy and the environment." said Justin Riemer, CEO, Emissions Reduction Alberta With the Alberta government's support through ERA, PlasCred is advancing from pilot validation to commercial deployment, building on the technical and operational insights gained from its Primus facility to begin construction of the Neos facility and ensure a smooth transition to full-scale operations. " The Alberta government and ERA's support marks a critical milestone for PlasCred as we transition to commercial deployment," said Troy Lupul, President & CEO of PlasCred. "With this funding, we can move forward on construction, attract additional project capital, and demonstrate the role Alberta-based innovation can play in scaling circular solutions for hard-to-recycle plastics." Strategic Scalability in Alberta's Industrial Heartland PlasCred's entire scalability strategy is anchored at CN Rail's Scotford Yard in Fort Saskatchewan, inside Alberta's Industrial Heartland Canada's pre-eminent hydrocarbon-processing corridor. The permitted yard offers enclosed industrial buildings, a 200-car siding, existing utilities, and direct Class I rail connectivity. This combination delivers reliable inbound feedstock logistics and seamless outbound product shipment while giving PlasCred access to a highly skilled process-operations workforce and a business-friendly regulatory environment. Neos and the follow-on Maximus complex will be co-located at Scotford, capturing shared infrastructure and operating synergies. The Neos facility will initially process 100 tonnes (metric) of post-consumer plastic waste per day converting it into approximately 500 barrels per day of condensate. Once operational, the Neos facility is expected to divert 36,500 tonnes of plastic waste annually and reduce greenhouse gas emissions by an estimated 51,000 tonnes of CO₂e per year. The design incorporates PlasCred's proprietary dual catalytic pyrolysis technology. This approach minimizes energy consumption, improves safety, and enables the efficient conversion of mixed and contaminated plastics, including PVC and PET. Unlike incineration or waste-to-energy approaches, PlasCred's process produces a circular petrochemical feedstock that can be reused in the production of new, food-grade plastics. The system has been validated through over two years of continuous operation at the Primus pilot facility in Calgary. The Neos facility is forecasted to generate approximately $19 million in annual revenue and $6.9 million in EBITDA, based on management assumptions regarding feedstock cost, uptime, and offtake pricing. Neos has an estimated capital cost of $25 million, with construction targeted to begin later this year, subject to final project financing and permitting. Based on internal forecasts and current engineering assumptions, the project is expected to deliver an internal rate of return (IRR) of approximately 22.8% and a payback period of 4.3 years. These forward-looking estimates are based on internal models and subject to risks including construction timing, input costs, operations, and market conditions. The projected economics remain strong even without accounting for potential upside from plastic credit monetization or byproduct sales. PlasCred has executed a definitive five-year offtake agreement with a global commodities company (" GCC") for 100 percent of Neos production at a fixed price of $120.00 CAD per barrel, inclusive of freight terms. The agreement also includes a right of first refusal (" ROFR") on future volumes from PlasCred's next phase facility, Maximus. This offtake structure ensures predictable revenue and underpins long term capital planning. Neos will integrate Palantir Foundry, an industrial data platform from Palantir Technologies to capture real-time data on feedstock, facility performance and product quality; generate auditable life-cycle assessments (LCA) that verify every tonne of waste plastic is converted into new plastic and support Extended Producer Responsibility (EPR) compliance; track plastic-credit issuance, greenhouse-gas (GHG) emissions, and logistics for both inbound feedstock and outbound product; and fuse all inputs into a digital twin that delivers 360-degree operational visibility and AI-driven optimisation across PlasCred's entire business. The proposed Maximus facility is engineered to launch at 400 metric tonnes per day, approximately 2,000 barrels per day, and scale up to 2,000 tonnes per day, or 10,000 barrels per day condensate, through modular expansion. This co-location approach leverages existing enclosed infrastructure, CN integrated rail logistics, and shared site services, offering significant cost and execution advantages while anchoring Alberta as a hub for scalable, low carbon plastic circularity. PlasCred is well positioned for sustainable, long-term growth through a combination of strategic site selection, integrated logistics, and secured revenue from industry partnerships. Its co-located infrastructure at CN's Scotford Yard enables scalable deployment while minimizing execution risk. With support from the Alberta government through ERA, PlasCred is accelerating to commercial operations at Neos. This milestone highlights the strength of Alberta-developed technology and reinforces the province's leadership in advancing circular economy infrastructure. Neos represents a significant step forward in scaling clean, plastics-to-plastics innovation rooted in Alberta's industrial and innovation ecosystem. About PlasCred Circular Innovations Inc. PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste recyclers in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and advanced recycling. PlasCred also has strategic partnerships with CN Rail, Palantir Technologies Inc., the Government of Alberta, Fibreco Export Inc., and a Global Commodities Company. These collaborations provide PlasCred with world-class logistics, advanced operational intelligence, and stable long-term revenue, supporting its leadership in the global circular plastics economy. For further information on PlasCred, visit our website at ON BEHALF OF THE BOARD Troy Lupul - President & CEO Forward-looking Statements Forward-looking statements in this release include, but are not limited to: the timing and cost of constructing the Neos facility; projected operating performance, revenues, EBITDA, internal rate of return and payback period; expected greenhouse-gas reductions; the availability of financing, feedstock and regulatory approvals; and the Company's broader commercialization and expansion plans. Such statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, without limitation: construction and commissioning risks, cost overruns, supply-chain disruptions, operational performance at scale, feedstock pricing and availability, changes in commodity prices, regulatory or permitting delays, counter-party risk under offtake or financing agreements, and general economic conditions. A discussion of these and other factors that may affect future results is contained in the Company's continuous disclosure filings available under its profile on SEDAR+ at Forward-looking statements are not guarantees of future performance and readers should not place undue reliance on them. Except as required by applicable securities laws, the Company undertakes no obligation to revise or update any forward-looking statements to reflect new events or circumstances.
Zawya
22-07-2025
- Business
- Zawya
National roadmap to drive Oman's circular economy transition
Muscat – Oman has begun preparing a national roadmap for the circular economy, marking a key step in aligning its economic model with sustainability goals and low-carbon development. Ministry of Economy hosted the second workshop of the Circular Economy Gap Calculation Project on Monday to review initial results and consult stakeholders on the proposed strategy. The roadmap aims to serve as a guiding framework for policy integration and resource management in the coming decades. The project also seeks to define a baseline for measuring the circular economy gap and comparing Oman's performance with international benchmarks. It will assess how far the country is from adopting a circular model and provide tools to measure the environmental and economic impacts of new policies, including the creation of green jobs. H E Dr Nasser bin Rashid al Maawali, Undersecretary in Ministry of Economy, said the initiative is the first of its kind in the Middle East and North Africa. 'This national project will support sustainable, low-carbon development and create investment opportunities in renewable energy and the green economy.' Ahmed bin Saeed al Siyabi, Director General of Economic Policies and Programmes at the ministry, said the workshop was designed to discuss early findings and showcase models for measuring the outcomes of circular economy strategies. He also highlighted training programmes and a proposed digital platform that will display project data and outcomes. During the session, participants reviewed preliminary models and scenarios focused on the environmental and labour-market impacts of implementing circular economy practices. Group discussions were held to evaluate sector-specific strategies and refine the roadmap's policy recommendations. The workshop was part of wider consultations with government entities, the private sector, academic institutions and civil society. The ministry is working with Oman Environmental Services Holding Company (be'ah) and the Circle Economy Foundation to implement the project. The project reflects Oman's broader ambition to shift away from traditional linear consumption patterns and meet its carbon neutrality target by 2050. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
