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Industry Insights

New Breakthrough in PET Upcycling: Bio-Chemical Dual Catalysis Enables High-Value Utilization
The issue of plastic waste recycling, particularly for PET (polyethylene terephthalate), has long been a significant social concern due to its strong chemical stability. However, recent breakthrough research offers new hope for the high-value recycling of PET.
Middle East PET Market Ascendancy: Decoding Drivers and Charting Future Development Trajectories
Mordor Intelligence reports that the Middle East PET(Polyethylene Terephthalate) market's compound annual growth rate (CAGR) was about 4.2% from 2019 to 2023, just below the Asia-Pacific's 5.8%. Moreover, the region is expected to see a CAGR of 7.12% over the coming five years, signaling significant growth potential.
US Trade Policy Triggers Shipping Crisis, Impacting PET Chip Global Value Chain
The imposition of higher tariffs by the United States on key Chinese imports has led to a surge in pre-tariff exports, placing strain on shipping routes from Asia to the Americas. This has in turn exacerbated container shortages, causing disruptions to the global logistics network and hindering international trade flows. As a result, both suppliers and buyers in the polyester chip global value chain are facing increased trade costs and supply chain disruptions.
Agricultural Waste Transformed into Eco-Friendly Bioplastics, Advancing Sustainable Practices
A significant amount of waste is produced from the cultivation of cabbage and other brassica vegetables, particularly during processing and distribution. To combat this, a research institute has devised a biotechnological approach to recycle this waste into biodegradable plastics.
Microplastic Crisis: Emerging Research Highlights Dietary Risks, Industry Searches for Solutions
Emerging studies from Cornell University and the University of Nigeria have brought to light the potential health hazards of microplastics. Food packaging has been identified as a significant contributor to microplastic contamination. In the face of this crisis, stakeholders in the plastics industry are under pressure to find effective solutions to mitigate the impact of microplastics on the environment and human health.
PET Pellets Exporters Grapple with Sky-High Freight Costs
Exporters of PET (Polyethylene Terephthalate) pellets are under significant pressure as international shipping rates climb sharply, a consequence of global geopolitical instability and supply chain disruptions.
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