European Bioplastics (EUBP), the association representing the interests of the bioplastics industry in Europe, has elected a new Board. The EUBP leadership team will be headed by its new Chairperson, Stefan Barot (BIOTEC) and supported by the new Vice Chairpersons, Lars Börger (Neste) and Mariagiovanna Vetere (NatureWorks). “Never before has our industry received that much of attention. Economically and politically, these are pivotal times, and I’m very pleased to be able to support our industry in my new role as EUBP Chair”, says Stefan Barot.
Valmet has signed a Heads of Agreement with Circa to industrialize the production of sustainable biochemicals at Circa’s small-scale ReSolute plant in France and future large-scale production plants. Valmet will offer the main machinery and equipment and actively contribute to the development of Circa’s production processes of bio-based renewable solvents. The bio-based solvents will replace harmful petroleum-based solvents used in a wide variety of industries.
The Sustainability-Linked Bond Framework (the “SLB Framework”) is issued in accordance with the International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles 2020. The SLB Framework is designed to support the future issuance of sustainability-linked securities by Huhtamaki. For the securities issued under the SLB Framework, the interest rate, or other financial characteristics, of a security will change if Huhtamaki fails to meet the predefined sustainability performance target at an agreed testing date for a designated sustainability performance indicator.
The consortium of PulPac, Nordic Barrier Coating and OrganoClick has been granted financial support for continued development of 100 % biobased, plastic- and PFAS-free barriers and materials for demanding food packaging applications. The development project is funded from the Swedish strategic innovation program BioInnovation financed by the Swedish innovation agency Vinnova.
UPM Raflatac has achieved sustainability certification from the International Sustainability and Carbon Certification Scheme ISCC Plus at its Nancy factory in France. This certification is an addition to UPM Raflatac’s already extensive ISCC Plus certification portfolio. UPM Raflatac’s ISCC Plus products are certified via a mass-balance approach.
UPM Raflatac continues its efforts to lead the label industry into a net-zero carbon emission future. The company raises its climate ambition to accelerate its journey towards being the world's first label materials company beyond fossils. In practice, this means increasing the use of certified fibers and traceability of biobased materials, fostering reduction of greenhouse gas emissions, and developing innovative products and services that help brand owners take positive climate action and go beyond their climate goals.