Indorama Ventures expands PET recycling capacity

Posted by - August 14, 2023

Indorama Ventures, a producer of urea, phosphate fertilizers, polyolefins, synthetic gloves, cotton and synthetic spun yarns, has increased recycling facility in Brazil. The recycling facility, located in Juiz de Fora, Minas Gerais, Brazil, is increasing its production capacity from 9 thousand tons to 25 thousand tons per year of PET made from post-consumer recycled (PET-PCR)

How Honda is speeding toward circular materiality?

Posted by - August 11, 2023

In line with the UN SDG 12 on Sustainable Consumption and Production (SCP), auto manufacturer Honda has pushed on its accelerator toward circular materiality. The company is advancing a recycling initiative that takes uniforms worn by associates and textile waste from its U.S. manufacturing and R&D facilities and transforms them into sound-absorbing insulation for use

Jindal Stainless reducing Scope 3 emissions

Posted by - August 11, 2023

Jindal Stainless, the third largest private steel producer, is working at reducing Scope 3 emissions. With this, the company is ready for European Union’s Cross Border Adjustment Mechanism (CBAM) for EU’s carbon tax. While the company has made significant progress against its ESG metrics, it is preparing for EU’s carbon tax by reducing Scope 3

How are IBM and NASA leveraging AI to fight climate change?

Posted by - August 9, 2023

IBM that had developed AI-based geospatial foundation model from NASA’s satellite model has decided to share the code on open-source AI platform, Hugging Face. The initiative is an effort from both: IBM and NASA to widen access to NASA’s earth science data for geospatial intelligence and accelerate climate-related discoveries and innovations in Earth science. It

5 key principles of new global steel climate standards

Posted by - August 9, 2023

In a bid to advance climate strategy, advocate carbon emissions, and reduce greenhouse gas emissions in line with the Paris Climate Agreement’s 1.5-degree Celsius scenario by 2050, the Global Steel Climate Council (GSCC) has established Global Steel Climate Standards (GSCS). The standards are based on the principles of reducing global steel industry GHG emissions, establishing

Japanese Consortium to Conduct Feasibility Study for CCS Project

Posted by - August 4, 2023

The Japan Organization for Metals and Energy Security (Jogmec) is conducting a feasibility study on the Japanese Advanced carbon capture and storage (CCS Project), a public offered project in FY2023. It has selected a consortium which includes seven companies Itochu Corporation, Nippon Steel Corporation, Taiheiyo Cement Corporation, Mitsubishi Heavy Industries, Itochu Oil Exploration Co., Inpex

Indian diamond company pledges net zero emission by 2024

Posted by - August 2, 2023

Shree Ramkrishna Exports Pvt Ltd (SRK), a global natural diamond crafting and exports company has set a target to achieve net zero emissions for both of its diamond crafting facilities – SRK Empire and SRK House, by 2024. The company has partnered with The Global Network for Zero (GNFZ), an international leadership collective, for the

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