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The polymer portion of the flexible packaging market accounted for more than 70% of the total industry volume in 2015 while the value of stand-up pouches is projected to reach more than $75 billion by 2024.
“We are pleased to have been a catalyst for McDonald’s to phase out use of foam cups in the U.S. in 2013,” commented Conrad MacKerron, Senior Vice President of As You Sow (San Francisco, CA). “Now it needs to finish the job.”
The LIFE ECOMETHYLAL process will collect and convert 100,000 tonnes of post-consumer plastic packaging and other landfill waste yearly into methylal to produce new plastics while lowering carbon emissions.