European PET hits 17 months low on flagging demand
Regional spot PET markets have been on a stable to slightly softer trend as flagging demand outweighed supply cuts
PP, PE prices are rising in Southeast Asia
Southeast Asia’s PP and PE rally, which had been in place since around mid-December, has faltered recently in line with the expectations voiced by regional players last week
German scientists study biodegradable plastic for several months
Plastic is incredibly resilient, but the drawback is that it is difficult to break down; the process can take hundreds of years
Bioplastic production will more than triple in the next five years
European Bioplastics gave a fairly optimistic forecast for the worldwide bioplastics business at the 16th EUBP Conference
South Korea announced a comprehensive plan to boost the usage of bioplastics and decrease plastic waste by 2050
On December 30, South Korea's Ministries of Trade, Industry, and Energy and the Environment unveiled a plan to utilize more mixed plastics and bioplastics while using fewer petroleum-based plastics
Lotte Corporation creates "PHA" material that decomposes in seawater
By 2023, Lotte Chemical hopes to have finished developing its petrochemical-based PHA production technique and made it widely available
Single-use plastics are explicitly prohibited in Scotland
The Scottish Government has announced a new Regulation that will go into effect on June 1, 2022
Single-use plastics are prohibited in national parks in Thailand
To protect natural resources, Thailand's Department of National Parks, Wildlife Conservation, Ministry of Natural Resources, and Environment banned single-use plastics in parks
USA bans single-use plastics in public lands, national parks by 2032
The sale of single-use plastics in public lands and national parks will be prohibited starting in 2032
Abu Dhabi Environment Agency announces a ban on single-use plastic
As part of the United Arab Emirates' vision to promote sustainable living in the capital Abu Dhabi
