CEFIC

SMX Announces Planned Launch of World's First Plastic Cycle Token

Retrieved on: 
Tuesday, November 28, 2023
CEFIC, Carbon, Plastic, Climate change, European Commission, PLC, Recycling, OECD, ISO, Perstorp, Impact, Biofuel, European, Carbon Brief, Cryptocurrency, SMX

NEW YORK and DUBAI, UAE, Nov. 28, 2023 /PRNewswire/ -- SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW), a pioneer in digitizing physical objects for a circular economy, has announced today the planned launch of a groundbreaking plastic cycle token, scheduled for release in Q2 2024. Amidst a global context where only an estimated 9% of plastic is recycled1 (OECD, 2022) in a market valued at over $40 billion2 (Statista, 2021), this initiative is being designed to present a reliable, ethical digital credit platform, aiming to capitalize on billions of dollars in recyclable plastics credits in a newly created market.

Key Points: 
  • The contemplated collaboration is expected to amalgamate a diverse array of partners and sponsors, each contributing distinct skills and expertise to create the Plastic Cycle Token.
  • This tradeable plastic cycle token is being designed to enable companies to transition towards sustainable practices, encouraging entities within and outside the plastic ecosystem, including oil producers and waste management firms, to increase recycled content utilization.
  • This initiative is also expected to position the SMX Plastic Cycle Token as a next-generation alternative to carbon credits, creating a new paradigm in the Impact ESG investment landscape.
  • SMX's technology enables physical traceability, supporting this Plastic Cycle Token model, and SMX believes will incentivize genuine plastic recycling.

ICIS Innovation Awards 2023 winners celebrated

Retrieved on: 
Tuesday, October 17, 2023
Pressure, Partnership, BASF, Agriculture, Genomics Digital Lab, Chemical industry, Retail Solutions Inc., Carbon, UPM, NNFCC, Plant, ICIS, CEFIC, DOW, Ethyl acetate, Recycling, Shoemaking, Thermoplastic, Paint, Willem Barentsz, Arkema

LONDON, Oct. 17, 2023 /PRNewswire/ -- Arkema has won the ICIS Innovation Awards 2023 for its innovative initiative to recycle monomaterial shoes in collaboration with the footwear group ON.

Key Points: 
  • LONDON, Oct. 17, 2023 /PRNewswire/ -- Arkema has won the ICIS Innovation Awards 2023 for its innovative initiative to recycle monomaterial shoes in collaboration with the footwear group ON.
  • Judges from BASF, Barentz, NNFCC, Arkema, CEFIC and ICIS looked through over 54 individual entries for the award categories.
  • The categories and winners are:
    Best Product Innovation from a large company and overall winner: Arkema - Recycling of monomaterial shoes, in collaboration with the footwear group ON.
  • Germany's BASF is chief sponsor of the ICIS Innovation Awards while Netherlands-headquartered distributor Barentz sponsored the Best Product innovation from a Large Company category.

ICIS Innovation Awards 2023 winners celebrated

Retrieved on: 
Tuesday, October 17, 2023
Pressure, Partnership, BASF, Agriculture, Genomics Digital Lab, Chemical industry, Retail Solutions Inc., Carbon, UPM, NNFCC, Plant, ICIS, CEFIC, DOW, Ethyl acetate, Recycling, Shoemaking, Thermoplastic, Paint, Willem Barentsz, Arkema

LONDON, Oct. 17, 2023 /PRNewswire/ -- Arkema has won the ICIS Innovation Awards 2023 for its innovative initiative to recycle monomaterial shoes in collaboration with the footwear group ON.

Key Points: 
  • LONDON, Oct. 17, 2023 /PRNewswire/ -- Arkema has won the ICIS Innovation Awards 2023 for its innovative initiative to recycle monomaterial shoes in collaboration with the footwear group ON.
  • Judges from BASF, Barentz, NNFCC, Arkema, CEFIC and ICIS looked through over 54 individual entries for the award categories.
  • The categories and winners are:
    Best Product Innovation from a large company and overall winner: Arkema - Recycling of monomaterial shoes, in collaboration with the footwear group ON.
  • Germany's BASF is chief sponsor of the ICIS Innovation Awards while Netherlands-headquartered distributor Barentz sponsored the Best Product innovation from a Large Company category.

Inaugural Year of Odyssey Cloverleaf™ Sustainability Program Surpasses Expectations in CO2 Reductions--on Track for Even Greater Improvement in 2022

Retrieved on: 
Tuesday, February 22, 2022
Carbon, Climate change, Concurrent Technologies Corporation, ECTA, Projection, Typhoon (AFV family), Internet, European Chemical Society, Industry, ISO, Organization, Transport, CEFIC, ACC, European Chemical Industry Council, IOT, Technology, American Chemistry Council, Face, Program, American, Renewable energy, Odyssey

In 2022, Odyssey expects even greater declines in carbon emissions through the Cloverleaf Program, with an anticipated reduction target of 479,916,150kg (529,017 tons) in 2022.

Key Points: 
  • In 2022, Odyssey expects even greater declines in carbon emissions through the Cloverleaf Program, with an anticipated reduction target of 479,916,150kg (529,017 tons) in 2022.
  • "The Odyssey Cloverleaf Program achieved exceptional results for our clients in 2021 as the supply chain and logistics industry collectively strives to lower our environmental impact," said Keith Hancock, Chief Executive Officer of Odyssey Logistics.
  • The Odyssey Cloverleaf Program leverages new ways to advance sustainability, reduce costs, improve margins and better serve every organization and person along the supply chain.
  • Technology is not the only key to the success of the Odyssey Cloverleaf Program.

Odyssey Logistics Introduces the Cloverleaf™ Sustainability Program to Help Shippers and Carriers Build Stronger, More Sustainable Supply Chains

Retrieved on: 
Tuesday, August 24, 2021
IOT, European Chemical Society, Transport, Hunter AFV, Program, Growth, American, Cloverleaf, Ma Foi Strategic Consultants, Artificial intelligence, Internet, CEFIC, American Chemistry Council, Tank, European Chemical Industry Council, Investment, Concurrent Technologies Corporation, ECTA, Carbon, Safety, Goal, Environment, Solution, DSM (company), Education, Organization, Technology, Video game console, Renewable energy

"We're researching smart, new paths for supply chain sustainability," said Bob Shellman, President and Chief Executive Officer of Odyssey.

Key Points: 
  • "We're researching smart, new paths for supply chain sustainability," said Bob Shellman, President and Chief Executive Officer of Odyssey.
  • "Cloverleaf is a science-based program dedicated to the belief that sustainability done right benefits the environment and can be an engine for growth.
  • Strategic consulting and education are also offered to help shippers and carriers develop effective sustainability policies and practices.
  • Odyssey Logistics & Technology Corporation (Odyssey) is a global logistics solutions provider with a freight network exceeding $3B globally.