Latest news with #plasticwaste
Associated Press
7 hours ago
- General
- Associated Press
FedEx Team Members Unite for Local Environmental Clean-Up in Korea
SEOUL, South Korea, July 23, 2025 /3BL/ - Federal Express Corporation (FedEx), one of the world's largest express transportation companies, participated in a plogging initiative with the Korea Green Foundation to combat plastic waste pollution and promote environmental responsibility. On June 14, 74 FedEx team members and their family members gathered at Yeouido Hangang Park, collecting over 55 kg of litter, including PET bottles and various plastic waste. As part of FedEx Cares, the company's global community engagement program, this initiative aims to foster a healthier environment and encourage sustainable practices. The Korea Green Foundation actively engages corporate volunteers in plogging activities to raise awareness about plastic waste and inspire citizen-driven cleanup efforts. By organizing these drives and environmental education programs across the nation, the foundation empowers individuals and communities to act, promoting a collective movement towards sustainability. 'This campaign provided a meaningful opportunity for FedEx team members and their families to take care of our environment. It reinforced the idea that small actions can lead to significant positive changes in our communities,' said Wonbin Park, managing director of FedEx Korea. 'We are committed to engaging in environmental and social initiatives with local communities to help build a more sustainable future.' FedEx is dedicated to making a positive impact in the communities where it operates. On May 31, FedEx team members and their families participated in a tree-planting campaign organized by the Korea Green Foundation, planting nectar-producing trees at Seoul's Noeul Park to support a healthy bee ecosystem and expand urban green spaces. Click here to learn about FedEx Cares, our global community engagement program. Visit 3BL Media to see more multimedia and stories from FedEx
Free Malaysia Today
2 days ago
- Business
- Free Malaysia Today
Johari calls for review of plastic waste import system
Acting natural resources and environmental sustainability minister Johari Ghani said the four ministries involved in plastic waste imports have 'very different jurisdictions'. (Bernama pic) KUALA LUMPUR : Acting natural resources and environmental sustainability minister Johari Ghani has called for a review of how Malaysia manages plastic waste imports, saying more effective enforcement is needed across multiple authorities. He told the Dewan Rakyat today that the four ministries involved in plastic waste imports had 'very different jurisdictions'. 'But if we want effective enforcement, all four have to sit at the same table,' he said. Johari was responding to concerns raised by Tuan Ibrahim Tuan Man (PN-Kubang Kerian) over the misclassification of plastic waste, plastic waste smuggling at ports, and the lack of inspections at recycling factories. Apart from the natural resources and environmental sustainability ministry, the other ministries involved in plastic waste imports are the finance ministry; investment, trade and industry ministry; and housing and local government ministry. Johari said many containers with undeclared plastic waste could be entering the country through ports due to limited customs enforcement capacity. He called for tighter oversight, saying all plastic recycling firms must register with the investment, trade and industry ministry and undergo annual licensing. 'Each time they apply to renew their licence, we will review their audited accounts and check how much they sell, how much they export, and what they do with the waste after processing,' he said.
Associated Press
2 days ago
- Business
- Associated Press
PlasCred Circular Innovations Inc. Announces Closing of Strategic Private Placement
Calgary, Alberta--(Newsfile Corp. - July 21, 2025) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) ('PlasCred' or the 'Company'), a transformative leader in the advanced plastic waste recycling sector, is pleased to announce is pleased to announce that it has closed its previously announced non-brokered private placement (the 'Offering') on July 14, 2025. This follows the amended terms as disclosed in the Company's news release dated April 28, 2025. Under the Offering, the Company issued an aggregate of 16,380,000 units (each, a 'Unit') at a price of $0.05 per Unit for gross proceeds of $819,000. Each Unit consists of one common share and one common share purchase warrant (each, a 'Warrant'). Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.07 for a period of 36 months from the date of closing. The net proceeds of the Offering will be used to advance construction of the Company's Neos facility, fund engineering and ongoing initiatives to optimize process efficiency, expand marketing efforts, and support general corporate and working capital purposes. All securities issued pursuant to the Private Placement will be subject to a statutory four-month-plus-one-day hold period. The completion of the Private Placement is subject to the receipt of all required regulatory approvals, including approval from the CSE. The Common Shares were offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. In connection with the Offering, the Company's Board of Directors approved a revision to the vesting conditions of 5,000,000 previously issued Performance Warrants. The amended milestones align with the development of the Neos facility: one-third will vest upon securing $15 million in financing or commencement of construction, one-third upon mechanical completion of the facility, and the final third upon achieving a sustained average production rate of 450 barrels per day over a one year period. About PlasCred Circular Innovations Inc. PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste recyclers in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and advanced recycling. PlasCred also has strategic partnerships with CN Rail, Palantir Technologies Inc., Fibreco Export Inc., and a Global Commodities Company . These collaborations provide PlasCred with world-class logistics, advanced operational intelligence, and stable long-term revenue, supporting its leadership in the circular plastics economy. For further information on PlasCred, visit our website at ON BEHALF OF THE BOARD Troy Lupul - President & CEO Contact Information For more information please contact: PlasCred Circular Innovations Inc. Troy Lupul Email: [email protected] Forward-looking StatementsThe Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. To view the source version of this press release, please visit
Yahoo
3 days ago
- Science
- Yahoo
Arizona teen named top young scientist finalist
The Brief Arizona ninth-grader Amaira Srivastava has been named a top-10 finalist in the national 3M Young Scientist Challenge for her innovative project creating biodegradable cups from fruit peels. Srivastava's invention aims to reduce plastic waste and enhance nutrient absorption, and she is now working with a 3M scientist to prepare for the final round of judging in October. PHOENIX - Here's a quick quiz: Where does one of the world's top kid scientists live? Right here in Arizona. In just a few short weeks, that girl will get the chance to prove why she might be the best one. What we know Amaira Srivastava might seem like a regular ninth grader, playing ping-pong with her parents and painting in her free time. But the Arizona artist and athlete has a secret: She might be the best kid scientist in the country. "I blended a mixture of vinegar, glycerine, cornstarch, water and these fruit peels in order to create these cups," Amaira said, explaining her project. It's complicated and took a lot of work. Her father, Abhishek Srivastava, is, of course, proud. "She was really working so hard and passionately, really every day would put so many extra hours away from her regular schoolwork," he said. Basically, Amaira took fruit peels and mixed them into bowls or cups using a cupcake tin for shaping. This innovation limits the need for plastic. "Decomposes much faster than regular petroleum plastic," Amaira said. It also allows water inside to absorb flavonoid nutrients from the peels. "The combination of orange plus lemon released the most amount of flavonoids," Amaira said. The idea won her category at the Arizona Science and Engineering Fair. She then entered the national 3M Young Scientist Challenge, becoming one of the top 10 finalists in the country. "I felt really surprised and shocked when I found out I'm one of 10 people in the nation," Amaira said. What's next She is now working with a leading 3M scientist to prepare for the final round of judging in October. "I think my end goal is to create a product that's scalable, practical and just makes the world a better place than it already is," Amaira said. Solve the daily Crossword
Yahoo
4 days ago
- Business
- Yahoo
Freepoint Eco-Systems and Source One partner for plastic waste recycling
Freepoint Eco-Systems International and Source One have announced a long-term collaboration aimed at developing pretreatment facilities for the recycling of plastic waste. This partnership is set to enhance the pyrolysis infrastructure across Europe by treating various waste streams, including post-consumer waste (PCR). As part of the agreement, Freepoint Eco-Systems intends to establish a network of pretreatment facilities in strategic European locations. Source One will serve as the engineering, procurement and construction (EPC) contractor for these installations. The facilities will be used to convert mixed plastic waste into quality feedstock that can be utilised in recycling processes. Source One has created a pretreatment concept that has been validated through commercial-scale operations. This concept is capable of producing feedstock that meets the specifications required for pyrolysis, as well as mechanical processing. It has been engineered to manage complex waste streams such as mixed plastic packaging and flexible films while minimising energy consumption and environmental impact. Source One founder and CEO Kai Hoyer said: 'Together, we're advancing the circular economy by leveraging cutting-edge recycling technologies and accelerating the high-quality recovery and reuse of plastics.' Freepoint Eco-Systems Recycling Europe CCO Jacco de Haas said: 'This collaboration marks the beginning of a strategic partnership focused on unlocking the value of plastic waste. 'By combining our feedstock strategy with Source One's best-in-class pretreatment platform, we are building critical infrastructure that enables pyrolysis to scale commercially and competitively.' The agreement will also align with European regulatory frameworks, including the Green Deal, the Circular Economy Action Plan, and the Packaging and Packaging Waste Regulation. These regulations promote the increased utilisation of recycled materials in plastic packaging. In July 2024, Freepoint Eco-Systems announced a collaboration with Turkish waste management company Biotrend to create advanced recycling initiatives aimed at diverting end-of-life plastic waste from landfills and incineration. "Freepoint Eco-Systems and Source One partner for plastic waste recycling" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
