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Loop Industries Loses Coca-Cola Contract, Sending Stock Down
Wednesday, November 4, 2020 - 12:27pm | 346Shares of Loop Industries Inc (NASDAQ: LOOP) were falling Wednesday after the maker of sustainable plastic products confirmed that Coca-Cola Co (NYSE: KO) terminated a multiyear contract. What Happened: Coca-Cola Cross Enterprise Procurement Group notified Loop Industries because it "did...
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Coca-Cola CEO Says Consumers Will Never Drink The Same Product Forever
Wednesday, January 22, 2020 - 3:58pm | 298Coca-Cola Co (NYSE: KO) started off selling just one product in one size to one market more than 100 years ago, and today it is clear consumers will never drink the same product forever, Coca-Cola CEO James Quincey said during a CNBC interview. Global Brand Consumers want variety in all aspects of...
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Program To Prevent Plastic Pellet Pollution Criticized As Ineffective
Thursday, January 2, 2020 - 10:27am | 1441The American Chemistry Council (ACC) and Plastics Industry Association (PIA) have announced a new program to help manage and prevent the accidental release of pre-production plastic pellets, sometimes called "nurdles," into the environment, but an environmental group says it does not go far enough...
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Coca-Cola On The Forefront Of Recycling Plastic
Monday, December 9, 2019 - 4:39pm | 395High value plastics like the ones found in Coca-Cola Co> (NYSE: KO) discarded bottles can be recycled and reused into new bottles, according to company CEO James Quincey. What Happened Coca-Cola is able to re-use discarded bottles into new ones and the company is now experimenting how it can...
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Asia's Merchant Ships Pollute World's Oceans With Plastic Bottles
Thursday, October 10, 2019 - 10:47am | 1790New research indicates that merchant shipping is likely responsible for a rapid increase in the amount of plastic bottles found in the world's oceans and that Asian merchant ships are the big polluters. Plastic bottles discarded into the ocean are now the fastest growing source of marine pollution...
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Dow Chemical CEO Says Company Is Tackling Plastic Waste
Friday, August 3, 2018 - 9:59am | 397DowDuPont Inc (NYSE: DWDP), one of the world's largest producers of plastics and packaging, is very much aware of the existence of the "plastic waste problem" and is taking action, according to the chemical company's CEO. What Happened Plastic products is the "...
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Why Industrial Hemp Could Prove A Larger Economic Driver Than Marijuana
Thursday, August 10, 2017 - 10:28am | 1929Industrial hemp is set to be a huge economic driver in the not-so-distant future, even more so than medical cannabis or even recreational marijuana, Cynthia Salarizadeh told Benzinga during a recent conversation – while discussing Salar Media Group and Civilized Media Group’s recent...
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Why Hemp Could Be The Future Of Plastics
Friday, May 5, 2017 - 11:10am | 1024Leslie Bocskor, investment banker and president of cannabis advisory firm Electrum Partners, is one of the most passionate people in the cannabis industry Benzinga has come across. In a recent chat, Benzinga asked him to discuss a topic he was passionate about, an issue he found particularly...
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3 Plastic Companies That Could Benefit From The 3D Printing Revolution
Wednesday, August 13, 2014 - 8:46am | 532The potential of the new three-dimensional printing technology cannot be denied. Early adopters believe 3D printers will revolutionize both mass manufacturing and supply chain logistics over the next several decades. A new 10-year forecast released last month by SmarTech Markets Publishing...