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China Strikes Back At Biden's Tariffs With New Investigation Into Plastics Imports: 6 Stocks Caught In Crossfire
Monday, May 20, 2024 - 5:22pm | 830China has taken a new step in the ongoing economic battle with the west, launching a new anti-dumping probe of plastics made in the U.S. and the European Union. The move can be read as a possible retaliation against recent protectionist measures by Western countries, including a recent increase of...
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Hemp Could Be The Biggest Investment Opportunity Since Plastic
Sunday, June 11, 2023 - 5:04pm | 583This article was originally published on Cannabis & Tech Today and appears here with permission. “I just want to say one word to you, just one word … Plastics!” This is the phrase Mr. McGuire told a young Dustin Hoffman in the 1967 film The Graduate. His sagely...
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World Oceans Day Offers A Reminder About The Plastic Problem
Tuesday, June 8, 2021 - 10:42am | 1981Discarded plastic that winds up in oceans traps marine animals, pollutes waters, breaks down into microplastics and can end up on the dinner plates of seafood lovers. Maybe you heard the World Economic Forum's dire prediction: There will be more plastic than fish in the ocean by weight by 2050....
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Plastics Recycler PureCycle Technologies Going Public Via SPAC
Monday, November 16, 2020 - 12:08pm | 499PureCycle Technologies, a plastics recycling company with technology from Procter & Gamble Company (NYSE: PG), is going public via a special purpose acquisition company. The Deal: PureCycle Technologies will go public via a merger with Roth CH Acquisition I (NASDAQ: ROCH). The merger...
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Food Giant Nestle Invests $2B In Ambitious Green Goal
Friday, January 17, 2020 - 2:04pm | 383Global food giant Nestle said in a Thursday press release it will invest up to CHF 2 billion ($2 billion) to accelerate a 2018 pledge to focus on sustainable packaging solutions. What Happened Nestle announced in 2018 it hopes to make 100% of its packaging recyclable or reusable by 2025. The...
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Single-Use Plastics Bans: A Risk For The Petchem Industry
Monday, June 17, 2019 - 10:28am | 1090The growing movement to end plastic pollution and ban single-use plastics poses a significant risk to the petroleum and petrochemical industries. The International Energy Agency estimates that the petrochemical industry will account for one third of global oil demand growth to 2030, about 3.2...
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Waste Of The World: Scientists Calculate How Much Plastic Civilization Has Spawned
Thursday, July 20, 2017 - 12:27pm | 849Scientists say they’ve figured out how much plastics the world has produced, and the numbers aren’t pretty. Of the 9.15 billion tons produced since plastics began their heyday in the 1950s, 6.95 billion tons is packed into landfills or littered elsewhere in the environment. That’s...