PureCycle advances BOPP film trials with recycled resin in Germany
PureCycle Technologies announced successful BOPP film trials using 15â€'50 per cent PureFive resin at Brí¼ckner's facility in Germany. The recycled resin performed comparably to virgin polypropylene, showing promise for flexible packaging. CEO Dustin Olson said the results support PureCycle's goal of offering a single-pellet, drop-in solution for sustainable BOPP film production.
The positive Brückner trials were conducted with blends ranging from 15% to 50% PureFive resin from PureCycle's commercial facility in Ironton, Ohio. The film was successfully extruded at Brückner's German facility and performed similarly to virgin polypropylene (PP) on multiple tests. Initial stretch tests appear promising, with additional stretch testing scheduled for later this month.
PureCycle CEO Dustin Olson said, "Flexible packaging is one of the largest segments for polypropylene, and there is not a traditionally recycled material that can consistently meet the high purity demands required to make film. The early results are encouraging from the trials with Brückner, and it gives me confidence we can meet the stringent processing requirements." Olson added, "Brückner is known as a trusted BOPP equipment manufacturer and resource for BOPP film producers, so it was critical for us to have these trials handled by their experts in Germany. We look forward to additional trials later this month."
BOPP film has a wide range of end-use applications, including food packaging for snacks, candy and baked goods. It is also used for labeling and adhesive tape. BOPP film is popular in these applications due to its features of transparency and moisture/chemical resistance.
Olson continued, "To help expand our portfolio of products, PureCycle is committed to providing a single-pellet solution for BOPP film that can serve as a drop-in replacement for existing virgin film production." Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
15 minutes ago
- Economic Times
Peter Thiel, who backs Bullish, once gave Mark Zuckerberg $500,000 and later it into $400 million jackpot
Synopsis Bullish, the Peter Thiel-backed cryptocurrency exchange, debuted on the stock market with a successful IPO, priced at $37 per share, exceeding its initial range and raising $1.11 billion. Peter Thiel was one of the first outside investors of Mark Zuckerberg's Facebook. He became a Facebook investor in 2004 with an initial investment of $500,000 at a $5 million valuation. Bullish is backed by billionaire investor Peter Thiel, German-American entrepreneur, a hedge fund manager and former CEO of PayPal Bullish, the cryptocurrency exchange backed by investor Peter Thiel, made s stunning debut on the stock market as its initial public offering (IPO) was priced above its indicated range at $37 per share. The offering raised $1.11 billion for Bullish based on 30 million shares sold and valued the company at $5.41 billion. Bullish was earlier aiming to price its offering between $32 and $33 per share. JPMorgan, Jefferies, and Citigroup are the lead underwriters for the Bullish group, led by former New York Stock Exchange president Tom Farley, consists of technology and investment businesses, focused on developing financial services for the digital assets sector. With its listing, Bullish joins a burgeoning list of crypto players that have tapped public markets this year, buoyed mainly by crypto-friendly regulations under the Trump administration. ALSO READ: Americans might see big schedule changes soon as gridlock continues over SEPTA funding. How will it impact you? Founded in 2021, Bullish is a cryptocurrency exchange that focuses on spot and derivatives trading. Its CEO is Thomas Farley, who was previously the president of the NYSE Group, which operates the New York Stock Exchange. Bullish also received an early investment from VC heavyweight Peter Thiel. Bullish, for its most recent quarter, said it had $647 billion in total spot volume, according to its Form F-1 filing with the Securities and Exchange Commission (SEC). Additionally, Bullish says it had $111 billion in total perpetual futures volume for the reported that its average daily trading volume is roughly $2.6 billion, with Q1 2025 trading activity surging 78% compared to the same period last year. ALSO READ: Trump crypto company World Liberty Financial's 'giant leap': A massive game-changing digital coin deal But Bullish isn't just in the exchange business. In 2023, it acquired crypto news platform CoinDesk from Digital Currency Group. According to Bullish, CoinDesk now attracts 48 million unique visitors each year and handles over 600 million monthly API requests for its CoinDesk Data services. Bullish offers cryptocurrency spot trading, margin trading, and derivatives trading, with a focus on institutional investors. Bullish is backed by billionaire investor Peter Thiel, German-American entrepreneur, a hedge fund manager and former CEO of PayPal. After earning degrees in philosophy and law from Stanford University, Thiel briefly worked in law and finance before launching the hedge fund Thiel Capital and later co-founding Confinity in 1998. Confinity merged with Elon Musk's to become PayPal, which was sold to eBay in 2002 for $1.5 billion. Thiel walked away with $60 million and used that windfall to build what became one of Silicon Valley's most powerful investment networks. ALSO READ: Man suffers rare bromism following ChatGPT diet tips. All about dangerous condition and its symptoms The entrepreneur has a net worth of $23 billion, according to Celebrity Net Worth. He made another major fortune several years later when he became the first outside investor in a company that was then called In 2004, Thiel gave Mark Zuckerberg $500,000 in exchange for a 10.2% stake in the nascent social network company. Peter offloaded most of his shares during the company's IPO, turning a $500,000 investment into $1 billion. Just months after the tech company's IPO, he sold millions of shares for $20 each for a sum of $400 million. ALSO READ: Millions of US citizens to receive $1,390 stimulus soon? Check if you qualify and when to expect it However, if he had held onto his full 10% stake, that position would be worth around $180 billion today. Despite cashing out the bulk of his holdings, Peter remained on the company's Board of Directors until is also the founder of a venture capital firm called Founders Fund, which invested in companies like SpaceX, Airbnb, and Palantir Technologies, a data analytics company he co-founded and led for years. Palantir went public in 2020 and is a key contractor for the U.S. government and military.
&w=3840&q=100)
First Post
an hour ago
- First Post
US started this war, it dragged Ukraine into it, it should get out of it: Jeffrey Sachs
The Alaska summit is set for Friday with both Moscow and Washington signalling openness to a deal, a prospect that raises fears in Kyiv that any settlement could come at Ukraine's expense. Ukrainian President Volodymyr Zelensky (L) is welcomed by German Chancellor Friedrich Merz upon arrival in the garden of the chancellery in Berlin to join a video conference of European leaders with the US President on the Ukraine war ahead of the summit between the US and Russian leaders, on August 13, 2025. Image- AFP Economist Jeffrey Sachs has blamed Washington for the nearly three-year-old Russia-Ukraine war, saying the United States dragged Kyiv into the conflict and must now step aside. The statement come just days before a high-stakes meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska, a summit that could reshape the course of the war. Sachs argued that Ukrainian President Volodymyr Zelenskyy should face the reality that Trump and Putin may strike a deal, with or without Kyiv's direct involvement. The Ukrainian leader, who has not been invited to the Alaska talks is scrambling to ensure his country's interests are not sidelined. STORY CONTINUES BELOW THIS AD On Sunday, Zelenskyy publicly criticised Washington's silence over recent Russian strikes on Ukraine, warning that such inaction only emboldens Putin. The criticism comes amid some of the most significant Russian gains in months. According to an AFP analysis of battlefield data from the US-based Institute for the Study of War, Russian forces on August 12 seized or claimed 110 square kilometres of territory in eastern Ukraine in just 24 hours, the largest single-day advance in more than a year. Moscow's offensive has accelerated in recent weeks, with Wednesday's gains focused on a narrow but strategic section of the eastern front line. Ukrainian officials say the Russian military is preparing for further offensive operations, dashing hopes of an immediate de-escalation. In a bid to influence the upcoming Trump-Putin meeting, Zelenskyy met German Chancellor Friedrich Merz in Berlin on Wednesday, before joining French President Emmanuel Macron, British Prime Minister Keir Starmer, EU leaders and NATO chiefs for urgent online talks. They later held a second call with Trump and US Vice President JD Vance, pressing for assurances that Ukraine's sovereignty would not be compromised. Russia's foreign ministry dismissed the outreach as 'politically and practically insignificant,' accusing Kyiv and its allies of trying to 'sabotage' efforts to end the war. With inputs from agencies
Hindustan Times
3 hours ago
- Hindustan Times
Nerves are on a knife-edge ahead of the Trump-Putin summit
As Donald Trump and Vladimir Putin prepare to meet in Alaska on August 15th in a historic summit, tensions are building inexorably. On the frontlines in Ukraine, Russian forces have been advancing in Donetsk amid bloody fighting, in an apparent push by the Kremlin to secure terrain and squeeze Ukraine ahead of the talks. After months of escalation, threats and U-turns, Mr Trump's position on Ukraine is unclear, with the president muddying the waters further with contradictory statements on August 11th. He has put heat on the Kremlin by imposing an extra 25% tariff on India for its purchases of Russian oil, yet has also horrified Ukraine by suggesting it will have to cede more territory in any deal. Two competing White House envoys have been scrambling America's diplomatic position, creating chaos. Prime Minister Keir Starmer, Emmanuel Macron, French President, and Friedrich Merz, German Chancellor and Poland Prime Minister Donald Tusk and Volodymyr Zelenskyy, President of Ukraine attend a candle ceremony at Maidan Square during a visit to Ukraine.(No 10 Downing Street) Map European countries are outraged that Volodymyr Zelensky, Ukraine's president, will not be present in Alaska as a potential deal is cut on Ukraine. And they fear that Mr Trump will repeat his history of striking ill-considered agreements with whoever gets into a room with him. In an effort to limit the damage, on August 13th they are due to hold a warm-up virtual summit. Organised at the last minute by Friedrich Merz, Germany's chancellor, it is due to feature European leaders and Mr Zelensky with Mr Trump and J.D. Vance, the vice-president, making an appearance. The idea is that Europe and Ukraine will set out the limits beyond which they will not go, binding-in Mr Trump. Good luck. For Mr Putin the summit in Alaska is a victory in itself, a sign of Russia's great-power status. He believes that the conflict in Ukraine is really a proxy war started by the West and has craved a meeting at which America and Russia divide their spheres of influence, as they did at Yalta at the end of the second world war. He will relish the humiliation of European leaders who have insisted that nothing about Ukraine should be decided without Ukraine. Mr Putin has a wish list. He wants America to agree to de facto recognition of Russia's territorial gains. He also wants a declaration that Ukraine cannot join NATO and may demand caps on Ukraine's military capacity and the supply of weapons to it, and that elections are held. Other bargaining chips include a lifting of sanctions, and the status of $300bn of frozen Russian assets, which at one end of the spectrum could be permanently forfeited to Ukraine, and at the other, released to Russia. In talks in February, American and Russian officials even discussed a grander bargain including economic deals in the Arctic. Some in Russia's elite predict a pragmatic end to a war that has been disastrous for their interests. One says the choice of Alaska, a former territory of the Russian empire purchased by America in 1867, is a friendly symbolic gesture. Russian state media are cautiously optimistic; an anchor on Russia 1's Sunday news programme claimed the two presidents have 'a specific plan to end the fighting'. Another show ridiculed European leaders, advising them to 'shut up' and leave negotiations to 'two major nuclear powers'. Others are more sceptical. Vladimir Solovyov, one of Mr Putin's propagandists, warned the summit would not end the war. And nationalistic bloggers are caustic. 'It's hard to imagine a more humiliating meeting than one in Alaska, in the backwoods, where rednecks live with bears,' wrote Larkin, the author of a Telegram channel. 'It seems like a sophisticated mockery—meeting on enemy territory, which, moreover, once belonged to us,' wrote a poster on Regnum, another Telegram channel. Amid the swirl of America's stance and Russia's propaganda, European leaders are worried that in Alaska Mr Trump will strike a grubby deal and declare diplomatic victory. That could leave Ukraine and its European allies in an impossible position: sign up to the deal and accept a rewriting of European security over their heads, or reject it and risk Mr Trump walking away and tapering back intelligence and military support for Ukraine. On August 1oth Mr Vance said, 'We're done with the funding of the Ukraine war business.' The virtual summit is designed to forestall that. The Europeans have three goals. The first regards sequencing. While they recognise that a deal may require de facto recognition of some of Russia's gains, they want talks on giving up land to begin only after a ceasefire along the current front line—or at least a 'reduction of hostilities', as their statement on August 10th put it. Mr Trump's calls for 'land swaps' have not inspired confidence. A suggestion by Mark Rutte, NATO's boss and Europe's chief Trump whisperer, that Europe prepare for 'effectual recognition' was not well received. Europe's second goal is a security backstop for Ukraine. NATO membership is off the table for now. But Mr Zelensky cannot agree to a ceasefire without safeguards against fresh Russian aggression. (In particular he could not accept a limit on the size of Ukraine's armed forces unless it were high enough to be meaningless.) On August 12th every EU leader, bar Hungary's Viktor Orban, declared European countries were 'ready to further contribute to security guarantees'. At a minimum, Europeans will ask Mr Trump to ensure negotiations on guarantees will be concurrent with the ceasefire discussion, rather than following it. They may also try to convince him to punish any Russian ceasefire violation with fresh sanctions. The Europeans have a final objective: they want to steel Mr Trump for his encounter with Mr Putin, a master manipulator, and counsel him not to act with haste. 'The path to peace in Ukraine cannot be decided without Ukraine,' they insisted in their statement. On August 10th Mr Zelensky worried that America's president could be 'deceived'. Reassuringly for those worried that Mr Trump is too eager for a deal, he left himself plenty of room on August 11th for the summit to go wrong, saying that it was a 'feel-out meeting' and he was prepared to walk away. 'I may say, 'Lots of luck, keep fighting.' Or I may say, 'We can make a deal''. He said he had been 'the toughest' with Russia in his first term, having stopped the Nord Stream 2 gas pipeline and delivered the first Javelin anti-tank missiles to Ukraine. He said he would consult with Mr Zelensky and European leaders before and after the meeting. 'I'm going to get everybody's ideas'. But he also made clear he would decide what constituted a 'fair deal' and seemed to shrug off Europeans' exhortations about standing firm against Russia, saying they 'very much rely on me'. Mr Trump took strange turns, referring to Alaska as 'Russia', and musing about restoring Ukraine's lost 'oceanfront property'. Despite expressing irritation with Mr Putin for continuing the war, Mr Trump let slip his admiration for Russia, which 'beat Napoleon'. He mocked arguments that Mr Zelensky did not have the constitutional authority to give up territory. 'He's got approval to go into war, kill everybody, but he needs approval to do a land swap because there'll be some land swapping going on.'' And he made clear his continuing animus against Ukraine, blaming it for being invaded. 'I get along with Zelensky, but I disagree with what he's done, very, very severely disagree. This is a war that should have never happened.' Music to Mr Putin's ears.
