An Phat Holdings officially organized Ground Breaking Ceremony for the largest green materials factory in Southeast Asia

Today, An Phat Holdings officially organized Ground Breaking Ceremony for PBAT Compostable Resin Plant.  The Ceremony was attended by Mr. Vuong Dinh Hue – Chairman of National Assembly, Head of the delegation; Mr. Bui Van Cuong – Chairman of National Assembly’s Office; Mr. Vu Hong Thanh – Chairman of National Assembly Committee on Economy;  Mr. Nguyen Phu Cuong – Chairman of National Assembly Committee on Finance and Budget; Mr. Le Quang Huy – Chairman of National Assembly Committee on Science, Technology and Environment; Mr. Vu Hai Ha – Chairman of National Assembly Committee on Foreign Affairs; Mr. Nguyen Chi Dung – Minister of Ministry of Planning and Investment;  Mr. Tran Hong Ha – Minister of Ministry of Natural Resources and Environment; Mr. Nguyen Hong Dien – Minister of Ministry of Industry and Trade; Mr. Huynh Thanh Dat – Minister of Ministry of Science and Technology; Mr. Vo Thanh Hung – Deputy Minister of Ministry of Finance; Mr. Truong Hai Long – Deputy Minister of Ministry of Home Affairs; With assistants and secretaries of the Chairman of the National Assembly; the leaders of the Offices of the National Assembly.

On the local side, there were the attendance of Mr. Tran Luu Quang – Secretary of the City Party Committee, Head of the Hai Phong City National Assembly Delegation; Mr. Pham Xuan Thang – Secretary of the Provincial Party Committee, Chairman of the People’s Council of Hai Duong province; Mr. Ngo Hanh Phuc – Vice Chairman of Yen Bai Provincial People’s Committee; and Vice Chairman of People’s Council, City People’s Committee and relevant departments, branches in Hai Phong city with the participation of more than 100 partners, customers of An Phat Holdings as well as central and local press agencies.

Ủy viên Bộ Chính trị, Chủ tịch Quốc hội Vương Đình Huệ, Lãnh đạo các Bộ, thành phố Hải Phòng, tỉnh Hải Dương, Yên Bái và Lãnh đạo Tập đoàn An Phát Holdings bấm nút động thổ dự án
Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

PBAT Compostable Resin Plant is the first green material factory in Southeast Asia, at the list of high-tech investment priority projects, located in Nam Dinh Vu Industrial Park (Hai Phong) with a capacity of 30,000 tons per annum, will be completed after 24 months. The total investment is 120 million USD, the factory will respond 100% An Phat Holdings material need, beyond to the goal of international export when operating. With the modern investment in technology and machinery, PBAT’s operating efficiency is highly optimized with an average operating time of 8,400 hours, equivalent to 350 days/year. The factory also achieves high automation, which is expected to create jobs for about 200 high-quality workers.

At the ceremony, Mr. Pham Anh Duong – Chairman of An Phat Holdings said, the project is the best and most reasonable solution to An Phat Holdings’ material source: being independence in terms of raw materials supply, reducing price to get closer to consumers and moving towards to replacing traditional plastic products.

“An Phat Holdings will represent Vietnam in putting its name on the global map of green materials and become a pioneer in implementing Vietnam’s commitment to achieve Net Zero emissions by 2050”, Mr. Duong said.

Ông Phạm Ánh Dương – Chủ tịch HĐQT Tập đoàn An Phát Holdings phát biểu tại Lễ động thổ
Mr. Pham Anh Duong – Chairman of An Phat Holdings spoke at the ceremony

Currently, An Phat Holdings has received the transfer design of factory process and technology from Technip Zimmer – the world’s leading supplier of technology design and solutions for large-scale industrial plants and complicated. Therefore, PBAT Compostable Resin Plant has outstanding quality, self – contained standards and the most modern production line.

Through this project, An Phat Holdings Group will complete the green circular ecosystem, become the first Vietnamese enterprise to produce bio-degradable plastic materials/products, officially participate in the world green material network. The price of green products will decrease by 20%~30% when the PBAT factory operate.

At the ceremony, Mr. Le Anh Quan – Member of Standing Committee, Permanent Vice Chairman of Hai Phong city People’s Committee shared the success in socio-economic development in Hai Phong city. At the same times, Mr. Quan also highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect.

Ông Lê Anh Quân - Uỷ viên Ban Thường vụ Thành uỷ, Phó Chủ tịch thường trực UBND Thành phố Hải Phòng đánh giá cao vị trí của Nhà máy sản xuất chất dẻo phân hủy sinh học PBAT, đặc biệt là trong quá trình thúc đẩy nền sản xuất không phát thải, không hiệu ứng nhà kính
Mr. Le Anh Quan – Member of Standing Committee, Permanent Vice Chairman of Hai Phong city People’s Committee highly appreciated the role of PBAT plant in the process of contributing to the economic development of the city, especially to promoting the production of zero emissions, no greenhouse effect

Also at the ceremony, Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button, officially open the construction phase of the factory. This moment is also the foundation for An Phat Holdings to expand more projects to global green products and materials.

Some other activities:

The song “Bến cảng quê hương tôi” performed by singer Le Man
The song “Bến cảng quê hương tôi” performed by singer Le Man
Dance troupe performed at the ceremony
Dance troupe performed at the ceremony
Member of Political Bureau, Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button
Chairman of the National Assembly of the Socialist Republic of Vietnam Mr. Vuong Dinh Hue with Ministers of Ministries and leaders of Hai Phong city, Hai Duong province and Yen Bai province and An Phat Holdings’ BODs pressed the ground-breaking button.

Dr. Nguyen Le Thang Long – Deputy CEO of An Phat Holdings was elected as Chairman of Vietnam Environmentally Friendly Products Manufacturers Association (EPMA)

On January 9th, 2021, the establishment congress of the Vietnam Environmentally Friendly Products Manufacturers Association (EPMA) for the term 2022-2027 successfully took place. In the combination of direct and online form, there were over 100 delegates including representatives of ministries, departments, branches and authorities with businesses, manufacturers of environmentally friendly products registered as the Association members, representatives of press and media agencies.

Ông Tạ Tấn – Phó Vụ trưởng Vụ Tổ chức Phi Chính phủ, Bộ Nội vụ (bên phải) trao quyết định thành lập Hiệp hội EPMA cho ông Nguyễn Lê Thăng Long – Phó TGĐ An Phát Holdings (bên trái)
Mr. Ta Tan, Deputy Director of the Department of Non-Governmental Organizations, Ministry of Home Affairs handed the decision to establish Vietnam Environmentally Friendly Products Manufacturers Association (EPMA) to Mr. Nguyen Le Thang Long.

EPMA is a voluntary social – professional organization gathering many enterprises, the Association operates in the field of research, development, investment production and trade all products from raw materials of natural and biological origin that can be renewable, recyclable and do not harm the environment. EPMA was established in order to cooperate, support and protect the members’ rights and benefits, as well as to improve the competitiveness and efficiency of environmentally friendly products production and distribution for the reason of environmental protection and sustainable economic development.

Mr. Pham Anh Duong – Chairman of Board of Directors of An Phat Holdings – Head of the campaigning committee to establish the association, the foundation of EPMA is a significant milestone in the Vietnamese eco-friendly products industry’s evolution. “This is a common house where members can collaborate to affirm the role of businesses and enterprises that passionately contribute to the high-quality environment’s protection hosted by Vietnamese people. The Association always welcomes any organizations and individuals who want to participate in EPMA, to support the Association’s mission and principles”, emphasized Mr. Duong.

Toàn cảnh đại hội
EPMA Conference overview

In the congress, delegates spent a lot of time discussing the draft charter of the Association as well as the draft operating directions of the Association in the coming time. The Association absorbed the opinions from experts, businesses who are engaged in the production and trading of environmentally friendly products and from prestigious scientists with many solutions and operation strategies for EPMA. The Association is heading to the purpose of environmental protection for the social responsibility and benefits of enterprises, moreover, effective contribution to environmental protection of the country.

After 4 hours of working, the General Assembly approved the Charter, Action Plan and Resolution of the Congress with a high consensus rate and elected the Standing Committee, the Executive Committee and Inspection Committee for the term of office. 2022-2027.

Accordingly, Dr. Nguyen Le Thang Long – Deputy CEO of An Phat Holdings, who was highly appreciated by the General Meeting to be the President of EPMA for the term 2022-2027. An Phat Holdings also has 3 other members working in the Association’s Standing Committee.

TS Nguyễn Lê Thăng Long - Phó Tổng Giám đốc Tập đoàn An Phát Holdings được bầu làm Chủ tịch thường trực Hiệp hội nhiệm kỳ 2022 - 2027
Dr. Nguyen Le Thang Long – Deputy CEO of An Phat Holdings was elected as Chairman of Vietnam Environmentally Friendly Products Manufacturers Association (EPMA) for the term 2022-2027

Mr. Nguyen Le Thang Long – Deputy CEO of An Phat Holdings strongly confirmed that The Association will strictly follow to the regulations and principles for the purpose of gathering, encouraging and protecting the rights and benefits of members who are businesses, manufacturers, suppliers of environmentally friendly products and entrepreneurs in the field of traditional handicrafts and handicrafts to enhance production according with the criteria of sustainable development.

With the Association’s development orientation, the development of scientific research activities – sustainable production and the trading of environmentally friendly products that do not affect the environment, EPMA expects to become a gathering place for specialists in the field of environmental science and technology, together to protect the environment for the sustainable development of the country.

Thành viên Ban Chấp hành Hiệp hội EPMA nhiệm kỳ 2022 – 2027
Members of The Excutive Committee of Vietnam Environmentally Friendly Products Manufacturers Association (EPMA) for the term 2022-2027
Các thành viên Ban Thường trực Hiệp hội EPMA nhiệm kỳ 2022 - 2027
Members of The Standing Comittee of Vietnam Environmentally Friendly Products Manufacturers Association (EPMA) for the term 2022-2027

 

AAA win Top 10 mid-cap listed companies having most outstanding Annual Report 2021 for the 2nd time

On December 28th, “Vietnam Listed Companies Awards Ceremony 2021” was first conducted in an online form. The annual conference of listed companies with the subject “Listed Companies and new requirements on transparent environmental information” was also held in the framework of the Ceremony.

In this honoring ceremony, An Phat Bioplastics JSC. (HOSE: AAA) received the award “Top 10 mid-cap listed companies with most outstanding Annual Report in 2021” for the 2nd time.

Being named to “Top 10 mid-cap listed companies having most outstanding Annual Report in 2021” for the 2nd time will create more motivation for AAA to improve the information synthesis skill. Simultaneously, this annual report will become one of the most reliable information channels for investors and shareholders in terms of AAA’s production and business results this year.

Soon, AAA will continue to comply with the corporate governance process in accordance with domestic and international practices, maintain information transparency to shareholders and investors, and strive to improve corporate governance.

In the previous time, AAA received the award of Top 30 Fastest Growing Enterprises in Vietnam in 2019, Top 50 Most Effective Business Companies in Vietnam in 2019, Outstanding Progress Report Award 2019, National Quality Gold Award in 2018, Third-class Labour Medal 2018…

 

The ceremony of listed companies is an annual activity organized by Ho Chi Minh Stock Exchange (HoSE), Hanoi Stock Exchange (HNX), Investment Newspaper and Dragon Capital Fund Management Company, coordinating with other organizations, with the goal of promoting and encouraging businesses to improve transparency, good management and sustainable development, thereby increasing investors trust and market confidence in businesses.

United Nations recommends bioplastics as sustainable alternative to conventional plastics

The Food and Agriculture Organisation of the United Nations (FAO) published a report assessing the sustainability of agricultural plastic products[1] recommending the replacement of non-biodegradable, conventional polymers with biodegradable, bio-based polymers.

“We welcome this recognition of the environmental benefits of these bioplastic products”, commented François de Bie, Chairman of European Bioplastics (EUBP). “Bio-based and soil-biodegradable mulch films help both in reducing dependence on fossil carbon sources, by using renewable carbon instead, and by playing a valuable role in reducing residual plastic pollution in soil, which can significantly impact agricultural productivity”.

The FAO study focuses on agricultural plastic products used in a range of different value chains. A qualitative risk assessment, which accompanies the study, analyses 13 specific agricultural products. “Significantly, for six out of 13 assessed products, biodegradable, bio-based plastics are recommended as preferable substitutes for conventional plastic material”, said de Bie. The list of recommended products included mulch films, fishing gear, polymer coated fertilizers, tree guards and shelters, plant support twines, and pesticide impregnated fruit protection bags.

Mulch films represent the second largest share of plastic films used in agriculture. “These films, made from soil-biodegradable plastics, provide significant benefits where retrieval, recycling, and reuse of conventional plastics pose significant problems. They are specifically designed to biodegrade effectively in situ and can therefore be incorporated into the soil post-harvest”, explained François de Bie. In contrast, especially thin, non-biodegradable mulching films display an insufficient collection, management, and retrieval, which can lead to a significant level of plastic pollution in the fields in which they are used. Even where conventional mulch films are removed from the field, they are often heavily contaminated with soils and plant residues, which inhibits the recycling process.

The FAO report also emphasises the need to develop polymers that are biodegradable in the marine environment. “Although any kind of littering, should be avoided, a certain level of unavoidable loss of fishing gear will always take place. Therefore, it is important to foster the adoption of marine-biodegradable solutions”, stated the Chairman of EUBP. In the case of used products contaminated with fish residues, such as fish collection boxes, biopolymers, according to FAO, may ease the organic recycling process.

Commenting on the study, Hasso von Pogrell, Managing Director of EUBP said “EUBP welcomes all studies, such as this one, that contribute towards improving knowledge of the current data situation. This can’t be done by the bioplastics industry alone, and in order to establish a proper data pool, we also need stronger political support. For the European market, the European Commission should lead efforts to facilitate and coordinate data pooling in order to develop a more accurate picture of where the use of bioplastics brings real benefits in reducing conventional plastic pollution”. The report also highlights the role of research and innovation grants as means of pump-priming new ideas which lead to the development of new products. “However, the funding of research alone is not enough. An appropriate policy framework for bio-based, biodegradable and compostable plastics is also needed, to capture potential for innovation and the economic, environmental and societal sustainable benefits of these products for the European Union”, concluded von Pogrell.

(Source: bioplasticsmagazine)

France announces fruit and veg plastic packaging ban

In a bid to reduce plastic waste, France is banning plastic packaging for nearly all fruit and vegetables from January 2022, the environment ministry announced this week.

Implementing a February 2020 law, the government published a list of about 30 fruits and vegetables that will have to be sold without plastic packaging from 1 January.

The list of vegetables includes; leeks, courgettes, aubergines, peppers, cucumbers, potatoes and carrots, round tomatoes, onions and turnips, cabbages, cauliflowers, squashes, parsnips, radishes, Jerusalem artichokes, and root vegetables.

Fruits such as apples, pears, oranges, kiwis, lemon, citrus, prunes, melon, pineapples, mango are also included.

“We use an outrageous amount of single-use plastic in our daily lives. The circular economy law aims at cutting back the use of throwaway plastic and boost its substitution by other materials or reusable and recyclable packaging,” the ministry said in a statement.

It estimated that 37% of fruit and vegetables are sold with packaging and expects that the measure will prevent more than one billion useless plastic packaging items per year.

French fruit sellers federation president Francois Roch said switching to cardboard will be difficult in such a short time.

The packaging ban is part of a multi-year government program to phase out plastic. The ban will be extended to all fruit and vegetables no later than June 2026, the environment ministry said, in order to find “alternative solutions” to plastic packaging. This would be for ripe fruits and berries that could deteriorate if sold in bulk.

Source: Packaging news

Plastic makers call for global agreement to eliminate plastic waste

The leaders of two of the world’s largest plastic makers today called for a global agreement among nations to eliminate plastic waste in the environment, urging governments and stakeholders worldwide to press for a treaty resolution at upcoming United Nations meetings.

Dow Chairman and CEO Jim Fitterling and LyondellBasell CEO Bob Patel participated in today’s Wall Street Journal special event “Getting There: A Global Agreement to End Plastic Waste.” They spoke on behalf of the American Chemistry Council and the International Council of Chemical Associations, which represent leading chemical and plastic makers globally.

The two told the Journal’s Phillipa Leighton-Jones that plastic makers are committed and eager to increase constructive engagement with governments and other stakeholders to advance a circular economy, in which plastics are reused instead of discarded. “Simply put,” said Fitterling, “Our vision is to prevent plastics from entering our environment by achieving universal access to waste collection and reusing instead of discarding plastics.”

They urged support for a resolution at the UN Environment Assembly in February 2022 that would begin negotiations on a global agreement to end plastic waste in the environment. “We should not confuse the value of plastics with the issue of plastic waste,” said Patel. “This is a global challenge requiring a global solution. With support from the UN, we can develop a global framework to help us solve this critical issue.”

To enable their vision, plastic makers have proposed a set of five principles to eliminate plastic waste, accelerate a circular economy for plastics, and serve as the basis for a global agreement.

  • All governments agree to eliminate plastic waste leakage into the environment by a specific date and develop regionally appropriate national action plans and policies that allow flexibility based on local circumstances.
  • Achieve widespread access to waste collection and support deployment of technologies (including advanced recycling) to increase the circularity of plastics.
  • Recognize the role plastics play in a lower carbon future by supporting life cycle analysis as a means to evaluate impacts of plastics and alternatives.
  • Support innovation in product and packaging design by developing, with industry input, global guidance on design, recycled content, and resource optimization.
  • Measure progress on plastic waste through globally accepted definitions and reporting metrics, using validated and harmonized methodologies.

“Jim and Bob have taken a leadership role in developing solutions to eliminate plastic waste in our environment, both at their companies and for the industry,” said Joshua Baca, vice president of plastics at the American Chemistry Council. “Plastic makers look forward to participating in discussions on a new agreement that will help bring scalable solutions to ending plastic waste around the world.”

(Source: bioplasticsmagazine)

Mura Technology, KBR, and Mitsubishi Chemical Corporation announce innovative new plastics recycling project, a first for Japan

Mura Technology, the UK-based pioneer of an advanced process capable of recycling mixed plastic waste and its global exclusive licensing partner, KBR, have today announced that Mitsubishi Chemical Corporation, a core company of the Mitsubishi Chemical Holdings (MCHC) Group, has decided to develop its first Hydro-PRT (Hydrothermal Plastic Recycling Technology) project in Japan.

 “This the latest in a series of agreements that Mura and KBR have signed,”  said Dr. Steve Mahon, CEO of Mura Technology. Doug Kelly, KBR President, Technology, added:  “Alongside Mura Technology, we are excited to work with MCC on this Hydro-PRT project in Japan and make strides towards a plastics circular economy. This brings us closer to achieving our common goal of a clean and green future.”

Hydro-PRT, the technology which is licensed by Mura and KBR, is capable of recycling end-of-life plastic that would otherwise be incinerated, sent to landfill, or leak into the environment as plastic pollution. By converting mixed plastics back into fossil-replacement oils and chemicals, Hydro-PRT enables plastic waste to be upgraded into new plastics and other products, including road materials. Unlike many other recycling processes, there is no anticipated limit to the number of times the same material can be recycled with Hydro-PRT and the technology is able to process many types of plastic which currently cannot be recycled via traditional mechanical recycling processes. The use of supercritical water in the Hydro-PRT℠ technology makes the process inherently scalable, allowing for efficient scale-up at point of need.

This latest project, which will be based at MCC’s Ibaraki Plant in Japan, is expected to complete construction in 2023. It will have the capacity to handle 20,000 tonnes of plastic waste per year – with MCC studying the possibility of increasing capacity in the future. Initially, the project will aim to use post-industrial plastics. With 9 million tonnes of plastic waste arising annually in Japan , MCC will seek to extend the scope of the project and target these plastics as raw materials.
MCC sees this as an extremely important step forward and ‘will continue to study and implement solutions towards a circular economy’, said Shigeru Handa, Chief Operating Officer, Basic Materials Domain, Mitsubishi Chemical Corporation.

In addition to this collaboration with MCC, Mura and KBR are currently exploring additional projects in Asia, the USA and Europe to supplement the global roll-out of Hydro-PRT and meet Mura’s goal of developing one million tonnes of recycling capacity by 2025.

“Plastic waste is polluting our environment at an alarming rate, not to mention the carbon emissions caused by utilising the fossil fuels needed to make virgin plastics. We need global, sustainable, and scalable solutions today. That is why we are taking an international approach – to scale fast and meet the challenge head on – and we are proud of the work that will be completed at the Ibaraki plant. Our collaboration with KBR makes this kind of global expansion possible, and we look forward to exploring new future projects with them in Europe and Asia in the coming months,” said Mahon.

Source: bioplasticmagazine

Plastics producers call for mandatory recycled content target

Credit: Kurt Desplenter/ Belga
Credit: Kurt Desplenter/ Belga
Credit: Kurt Desplenter/ Belga

Plastics producers have called for the creation of a framework to set a mandatory recycled content target within the European Union by 2030.

PlasticsEurope, which represents around 100 companies producing more than 90% of all polymers in Europe, has called for a 30% target to be set by the start of the next decade, following the European Commission’s proposal for such a target for plastics packaging.

“The call for a regulated recycled content target for plastics packaging in the EU demonstrates our commitment to accelerate the transformation to a circular economy, helping implement the EU Green Deal and Circular Economy Action Plan,” said Dr Markus Steilemann, President of PlasticsEurope.

On 11 June 2020, the Commission announced it would start an open public consultation on the review of requirements for packaging to ensure packaging waste can be reduced, and to make it easier to recycle, as part of the 1994 Packaging and Packaging Waste Directive (PPWD).

According to PlasticsEurope, its members are already working towards this target by investing in cutting-edge technological solutions, including chemical recycling, which it states is “essential to achieve such a mandatory target.”

“Our members’ planned investments in this vital technology and infrastructure range from €2.6 billion by 2025 to €7.2 billion by 2030 in Europe,” a press release read.

The association stressed that a “concerted effort must be made”, and that support from European institutions and the whole value chain will be needed.

“We need a harmonised EU policy framework that provides certainty and incentivises further investment in collection, sorting and recycling infrastructure and technologies, including chemical recycling,” said Virginia Janssens, Managing Director of PlasticsEurope.

Chemical recycling is a process by which a polymer is chemically reduced to its original form, to later be remade into new plastic materials that go on to become new plastic products.

(Source: brusselstimes)

LG Chem invests 2.6 trillion Korean won in 10 plants for eco-friendly materials

Lễ ký kết thỏa thuận đầu tư của LG Chem và tỉnh Chungnam và thành phố Seosan

LG Chem will make a large-scale domestic investment to foster eco-friendly materials in the petrochemical sector. This is to initiate transformation of the business structure towards high value-added sustainability businesses and eco-friendly materials.

Lễ ký kết thỏa thuận đầu tư của LG Chem và tỉnh Chungnam và thành phố Seosan

On the 19th, LG Chem announced that it will invest a total of 2.6 trillion Korean won by 2028 to build a total of 10 plants, including biodegradable PBAT and POE for solar film, at its Daesan Complex in Chungnam Province.

Starting with the construction of PBAT (polybutylene adipate-co-terephthalate) and POE polyolefin elastomer) plants this year, LG Chem plans to develop the Daesan Complex as a mecca for ESG-based businesses, from bio-based raw material production to eco-friendly materials, waste plastic recycling, and greenhouse gas reduction by 2028.

Starting construction within this year, the PBAT plant will be built with an annual capacity of 50,000 tons and the POE plant with an annual capacity of 100,000 tons.

Both plants aim for commercial production in 2024. The resulting increase in sales is expected to exceed 470 billion Korean won per year.

According to the industry, PBAT and POE are expected to continue to grow at an average annual rate of 30% until 2025 due to increase in demand for perishable plastics and the expansion of new and renewable energy following the ESG trend.

PBAT is a biodegradable resin that decomposes rapidly in nature and is expected to be a great help in solving environmental problems such as waste plastics.

POE has high insulation and moisture barrier properties and has superior power generation efficiency, so the demand is rapidly increasing for use in films that protects solar panels and minimizes power loss.

In the case of POE, LG Chem currently has a plant with an annual capacity of 280,000 tons in Daesan, and when the 100,000-ton expansion is completed, the POE production capacity will be expanded to a total of 380,000 tons. This is expected to reach the second largest in the world in terms of production capacity.

Meanwhile, LG Chem also signed an investment agreement (MOU) with Chungnam Province and Seosan City so that the planned investment can be carried out smoothly.

The signing ceremony was attended by major regional figures such as Chungnam Governor Seung Jo Yang and Seosan Mayor Jeong Ho Maeng, as well as LG Chem Chief Executive Officer Hak Cheol Shin.

Through this agreement, LG Chem secured an additional new site with an area of 790,000 m2 (240,000 pyeong) in addition to the existing Daesan Complex site, and decided to actively utilize it for the establishment of a new plant and investment in related eco-friendly materials and processes.

LG Chem said that this investment is expected to create new jobs for about 400 people through direct employment and will actively contribute to revitalizing the local economy.

At the signing ceremony, Chungnam Governor Seung-jo Yang said, “LG Chem will grow larger and further develop here in Chungnam. We will actively carry out more business-friendly policies so that companies and regions can mutually develop together.”

Hak Cheol Shin, Chief Executive Officer of LG Chem, stated that “This investment agreement is a part of the sustainable growth strategy and a signal to announce the full-fledged scale-up of the eco-friendly material business.”

Furthermore, he added, “We will not only strengthen our long-standing partnership with Chungnam Province and Seosan City, but also raise the level of cooperation one step further to grow together toward a sustainable future.”

European Citizens’ Initiative: Commission decides to register ‘ReturnthePlastics’ initiative on plastic bottle recycling

Châu Âu nỗ lực giải quyết tình trạng rác thải nhựa

Châu Âu nỗ lực giải quyết tình trạng rác thải nhựa

Today, the Commission decided to register a European Citizens’ Initiative entitled ‘ReturnthePlastics: A Citizen’s Initiative to implement an EU-wide deposit-system to recycle plastic bottles’.

The organisers of the initiative call on the Commission to present a proposal to:

  • implement an EU-wide deposit-system to recycle plastic bottles,
  • incentivise all EU Member States that supermarkets (chains) which are selling plastic bottles install reverse vending machines for recycling the plastic bottles after being purchased and used by the consumer, and
  • make the plastic bottle producing companies pay plastic taxes for the recycling and deposit-system of the plastic bottles (under the principle that the polluter should pay).

The Commission considers that this initiative is legally admissible because it meets the necessary conditions. At this stage, the Commission has not analysed the substance of the initiative.

Next Steps

Following today’s registration, the organisers can start collecting signatures. If a European Citizens’ Initiative receives 1 million statements of support within 1 year from at least seven different Member States, the Commission will have to react. The Commission could decide either to take the request forward or not, and will be required to explain its reasoning.

Background

The European Citizens’ Initiative was introduced with the Lisbon Treaty as an agenda-setting tool in the hands of citizens. It was officially launched in April 2012.

The conditions for admissibility are: (1) the proposed action does not manifestly fall outside the framework of the Commission’s powers to submit a proposal for a legal act, (2) it is not manifestly abusive, frivolous or vexatious, and (3) it is not manifestly contrary to the values of the Union.

So far, the Commission has received 107 requests to launch a European Citizens’ Initiative, 82 of which were admissible and thus qualified to be registered.

Source: ec.europa.eu