EXTR:ACT – Driving Value for multimaterial recycling, the pan-European platform created by BillerudKorsnäs, Elopak, SIG Combibloc, Stora Enso and Tetra Pak, all members of the Alliance for Beverage Cartons and the Environment (ACE), has announced the nomination of EXTR:ACT’s Managing Director, Michael Brandl.
Michael Brandl, a German national with a background in engineering, built his career in the dairy industry before joining FKN, the German beverage carton association in 2010. Michael intends to use his considerable knowledge of both the beverage carton industry and of German and European recycling infrastructures to meet the platform’s objectives.
“We strongly believe that Michael’s experience and expertise will drive EXTR:ACT increase the recycling of our packages, scale and boost value for recycling solutions, and secure our long-term sustainability” said Heike Schiffler, President of EXTR:ACT. “With this new initiative, we are confident we will be able to achieve a significant increase in collection and recycling rates by 2025 “.
EXTR:ACT, based in Frankfurt, will foster the recycling of beverage cartons, including the non-paper components such as polymers and aluminium. It reflects the industry’s commitment to the circular economy and complements ACE’s ongoing work. EXTR:ACT will also seek to work in partnership with stakeholders who have similar needs regarding the recycling of composite packaging.
By: Alliance for Beverage Cartons and the Environment (ACE)
Source: onepolicyplace.com
Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.
OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.
The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.
