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Agilyx ASA, a Norway-based chemical recycler, says it has entered into an agreement to raise its ownership in GreenDot Global, a prominent European platform for sourcing, sorting and supplying plastic scrap for recycling, to 50.1 percent.
China’s SANY Group and Romanian partner Danube Solar Seven have signed a memorandum for Europe’s largest hybrid energy project, valued at over €1 billion.
In a decisive move to align with tightening European environmental mandates, Borealis has announced a €49 million strategic investment to expand production of its Borstar Nextension polypropylene (PP) at its Burghausen manufacturing site.
Ingka Group is supporting the Shanghai-based plastics recycler Re-mall as part of its ambitious $1.16 billion investment initiative aimed at helping IKEA’s largest retailer achieve its goals of repurposing and reusing more materials in its products.