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...company would lose its chief and chair at the same time....
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...The glut of virgin plastic presents a challenge to companies trying to reduce their reliance on single-use plastics in the face of stricter regulation and government pledges to reduce plastic waste pollution...
...The European Union has adopted a goal to cut plastic by targeting bags and coffee cups....
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...These items included a ban on some single-use plastic packaging (including for unprocessed fruit and vegetables) from 2030, and a requirement that all plastic packaging must be recyclable....
...In a vote on Wednesday, MEPs in Strasbourg approved a detailed law that could also ban all “ultra-light” plastic bags and harmful chemicals in packaging....
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...supply chains and new rules for recycling plastic packaging....
...emissions and plastic packaging usage....
...“I think big companies largely accept the role of the unions, but many smaller companies don’t....
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...Industry adapts (small companies stop trading, bigger ones suck up the bureaucracy and cost) but business must manage the drag of a constantly evolving policy environment....
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...“I don’t think Germany will be manufacturing basic chemicals, plastics and ammonia in 2035. Maybe it just makes more sense to produce them in Saudi Arabia, where energy is cheaper.”...
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...Like our advanced packaging — you need a new chemical solution and new equipment. So you expect a lot of these investments coming in. It’s like a chain effect.”...
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...The factory, on the site of a decommissioned coal plant in the west German region of Saarland, will be built by the US semiconductor producer Wolfspeed and will produce silicon carbide chips for electric...
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...Union’s collapse....
...Microbes will then convert these into ethanol, which can be recycled into carbon-containing chemical products, such as plastics or fuels....
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