Best of the Newsroom
đź‘— Scotch & Soda will Replace One Million Plastic Bags
Scotch & Soda’s aim is to step away from conventional plastic polybags for all product categories by 2025. In 2022, a minimum of one million of the company’s garments will be packed in TIPA® bioplastic bags.
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🦗 Bug-based dog supplements from small-batch start-up
Neo Bites, a pet supplement start-up based in Austin, has launched its first insect-based dog meal topper range. The superfood-enriched powder is added to meals, making them more palatable to dogs.
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🛋 IKEA to Phase Out Plastic from Consumer Packaging Solutions
IKEA pledged to phase out plastic packaging by 2028. The company is aiming to reduce plastic waste and develop packaging solutions around renewable materials. The phase-out will happen in steps, starting with an all-new range by 2025.
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đź’µ DMC Announces First Close of Series B Financing, Raising $34 million
DMC Biotechnologies has completed the first close of its Series B fundraising, raising USD $34 million with investment from Cibus Enterprise, Capricorn Partners, Sofinnova Partners, Breakthrough Energy Ventures, SCG, Boulder Ventures, Solvay Ventures, and Michelin.
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🥤 Suntory Introduces Plant-Based PET Bottle Prototypes
Suntory Group announced its launch for fully sustainable PET bottles. The company announced that it would take initiatives towards using 100% sustainable PET bottles globally by 2030.
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♻️ UK Government Invests £116m to Boost Green Innovation
The UK Government has financed more than €136 million to boost green innovation across the nation, including Bioenergy with Carbon Capture and Storage (BECCS) technology.
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🍎 Edible and Invisible Packaging for Fruits and Veggies
Sufresca announced its optimized invisible edible coating designed to extend the shelf life of fresh produce. The edible, water-based emulsion is made of natural food ingredients and includes advanced modified atmosphere properties.
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