Europe Electric Vehicle Market to Hit $143.08 Bn, by 2027, at 25.4% CAGR: Allied Market Research

Surge in demand for high-performance, fuel-efficient, and low-emission vehicles along with strict government regulations about vehicle emission fuel the growth of the Europe electric vehicle market.

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by…

Surge in demand for high-performance, fuel-efficient, and low-emission vehicles along with strict government regulations about vehicle emission fuel the growth of the Europe electric vehicle market.

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), and Extended Range Electric Vehicle (E-REV)), and Vehicle Type (Passenger Cars and Commercial Vehicles): Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the Europe electric vehicle industry was estimated at $25.48 billion in 2019 and is anticipated to hit $143.08 billion by 2027, registering a CAGR of 25.4% from 2020 to 2027.

Allied Market Research Logo

Download (130 Pages) Report Sample at https://www.alliedmarketresearch.com/request-sample/9741

Drivers, restraints, and opportunities-

Rise in demand for fuel-efficient, high-performance, and low-emission vehicles and stringent government rules & regulations toward vehicle emission drive the growth of the Europe electric vehicle market. On the other hand, high manufacturing cost and insufficient electric vehicle charging infrastructure in Europe impede the growth to some extent. However, proactive government initiatives and technological advancements are expected to create lucrative opportunities in the industry.

COVID-19 scenario-

  • The outbreak of the pandemic led to shut down of several manufacturing units across the continent, which in turn affected the Europe electric vehicle market. Also, unavailability of skilled labor force impacted the market negatively.
  • However, as most of the countries in the region have come up with relaxations on the existing protocols, the market is anticipated to recoup soon.

Get detailed COVID-19 impact analysis on the Europe Electric Vehicle Market Request Here!

The BEV segment to maintain the dominant share-

Based on type, the BEV segment contributed to more than three-fifths of the Europe electric vehicle market share in 2019, and is projected to rule the roost by the end of 2027. This is attributed to advantages such as changing perception toward the adoption of electric vehicles. The HEV segment, on the other hand, would register the fastest CAGR of 32.9% during the forecast period. The electric power train system present in hybrid electric vehicles is used to enhance fuel efficiency and to improve performance as compared to internal combustion vehicles. This factors propels the segment growth.

The passenger cars segment to dominate by 2027-

Based on vehicle type, the passenger cars segment accounted for more than four-fifths of the Europe electric vehicle market revenue in 2019, and is anticipated to lead the trail by 2027. Developments carried out by different vehicle manufacturers related to electric vehicles drive the growth of the segment. Simultaneously, the commercial vehicles segment would manifest the fastest CAGR of 29.2% throughout the forecast period. Increased demand for zero-emission vehicles propels the segment growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9741

Germany garnered the major share in 2019 –

Based on region, Germany garnered the major share in 2019, holding nearly one-fifth of the Europe electric vehicle market, due to rise in government initiatives to promote electric vehicles in the region. Simultaneously, Portugal would exhibit the fastest CAGR of 34.9% from 2020 to 2027, owing to the rise in disposable income and increasing environment concerns to reduce the pollution.

Key players in the industry-

  • Renault
  • Tesla
  • Mitsubishi
  • Nissan
  • BMW
  • Audi
  • Hyundai
  • Volvo
  • Volkswagen
  • Peugeot

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9741

Similar Reports We Have on Electric Vehicle Industry:

Electric Vehicle Market by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), and Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Class (Mid-Priced and Luxury), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Low Speed Electric Vehicle Market by Vehicle Type (Passenger Vehicle, Heavy Duty Vehicle, Utility Vehicle, and Off-road vehicle) and End User (Golf Courses, Tourist Destinations, Hotels & Resorts, Airports, and Residential & Commercial Premises): Global Opportunity Analysis and Industry Forecast, 2018–2025.

Off-Highway Electric Vehicle Market by Type (BEV, HEV and PHEV), Application (Electric Motor Batteries, Charging Stations and Durability) and Industry Vertical (Oil & Gas, Energy & Power, Automotive, Eco-friendly and Healthcare): Opportunity Analysis and Industry Forecast, 2020–2027.

One Wheel Electric Scooter Market by Product Type (Electric Unicycle, and Electric One wheel Hoverboard), Application (Off-road Activities, and Daily Commute), Sales Channel (Online Sales, and Offline Sales), and Speed Limit (Kmh) (20 Kmh – 30 Kmh, 30 Kmh – 50 Kmh, and More than 50 Kmh): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Luxury Car Market by Vehicle Type (Hatchback, Sedan, and Sport utility vehicle) and Fuel Type (Gasoline, Diesel, and Electric): Global Opportunity Analysis and Industry Forecast, 2019–2026.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com 
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

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Europe Electric Vehicle Market to Hit $143.08 Bn, by 2027, at 25.4% CAGR: Allied Market Research

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), and Extended Range Electric Vehicle (E-REV)), and Vehicle Type (Passenger Cars and Commercial Vehicles):…

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), and Extended Range Electric Vehicle (E-REV)), and Vehicle Type (Passenger Cars and Commercial Vehicles): Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the Europe electric vehicle industry was estimated at $25.48 billion in 2019 and is anticipated to hit $143.08 billion by 2027, registering a CAGR of 25.4% from 2020 to 2027.

Allied Market Research Logo

Download (130 Pages) Report Sample at https://www.alliedmarketresearch.com/request-sample/9741

Drivers, restraints, and opportunities-

Rise in demand for fuel-efficient, high-performance, and low-emission vehicles and stringent government rules & regulations toward vehicle emission drive the growth of the Europe electric vehicle market. On the other hand, high manufacturing cost and insufficient electric vehicle charging infrastructure in Europe impede the growth to some extent. However, proactive government initiatives and technological advancements are expected to create lucrative opportunities in the industry.

COVID-19 scenario-

  • The outbreak of the pandemic led to shut down of several manufacturing units across the continent, which in turn affected the Europe electric vehicle market. Also, unavailability of skilled labor force impacted the market negatively.
  • However, as most of the countries in the region have come up with relaxations on the existing protocols, the market is anticipated to recoup soon.

Get detailed COVID-19 impact analysis on the Europe Electric Vehicle Market Request Here!

The BEV segment to maintain the dominant share-

Based on type, the BEV segment contributed to more than three-fifths of the Europe electric vehicle market share in 2019, and is projected to rule the roost by the end of 2027. This is attributed to advantages such as changing perception toward the adoption of electric vehicles. The HEV segment, on the other hand, would register the fastest CAGR of 32.9% during the forecast period. The electric power train system present in hybrid electric vehicles is used to enhance fuel efficiency and to improve performance as compared to internal combustion vehicles. This factors propels the segment growth.

The passenger cars segment to dominate by 2027-

Based on vehicle type, the passenger cars segment accounted for more than four-fifths of the Europe electric vehicle market revenue in 2019, and is anticipated to lead the trail by 2027. Developments carried out by different vehicle manufacturers related to electric vehicles drive the growth of the segment. Simultaneously, the commercial vehicles segment would manifest the fastest CAGR of 29.2% throughout the forecast period. Increased demand for zero-emission vehicles propels the segment growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9741

Germany garnered the major share in 2019 –

Based on region, Germany garnered the major share in 2019, holding nearly one-fifth of the Europe electric vehicle market, due to rise in government initiatives to promote electric vehicles in the region. Simultaneously, Portugal would exhibit the fastest CAGR of 34.9% from 2020 to 2027, owing to the rise in disposable income and increasing environment concerns to reduce the pollution.

Key players in the industry-

  • Renault
  • Tesla
  • Mitsubishi
  • Nissan
  • BMW
  • Audi
  • Hyundai
  • Volvo
  • Volkswagen
  • Peugeot

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9741

Similar Reports We Have on Electric Vehicle Industry:

Electric Vehicle Market by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), and Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Class (Mid-Priced and Luxury), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Low Speed Electric Vehicle Market by Vehicle Type (Passenger Vehicle, Heavy Duty Vehicle, Utility Vehicle, and Off-road vehicle) and End User (Golf Courses, Tourist Destinations, Hotels & Resorts, Airports, and Residential & Commercial Premises): Global Opportunity Analysis and Industry Forecast, 2018–2025.

Off-Highway Electric Vehicle Market by Type (BEV, HEV and PHEV), Application (Electric Motor Batteries, Charging Stations and Durability) and Industry Vertical (Oil & Gas, Energy & Power, Automotive, Eco-friendly and Healthcare): Opportunity Analysis and Industry Forecast, 2020–2027.

One Wheel Electric Scooter Market by Product Type (Electric Unicycle, and Electric One wheel Hoverboard), Application (Off-road Activities, and Daily Commute), Sales Channel (Online Sales, and Offline Sales), and Speed Limit (Kmh) (20 Kmh – 30 Kmh, 30 Kmh – 50 Kmh, and More than 50 Kmh): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Luxury Car Market by Vehicle Type (Hatchback, Sedan, and Sport utility vehicle) and Fuel Type (Gasoline, Diesel, and Electric): Global Opportunity Analysis and Industry Forecast, 2019–2026.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com 
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Cision View original content:http://www.prnewswire.com/news-releases/europe-electric-vehicle-market-to-hit-143-08-bn-by-2027–at-25-4-cagr-allied-market-research-301218732.html

SOURCE Allied Market Research

NEXE Launches XOMA Feb 5th Using Its Proprietary Capsule

Key Highlights

  • Launch of first functional product under Xoma Superfoods line.
  • Initial product is a superfood micro-ground soluble coffee with Organic MCT from Coconut Oil in the proprietary NEXE fully-compostable pod.
  • Available for sale on February 5th, 2021.

<a href="https://mma.prnewswire.com/media/1430061/Nexe_Innovations_Inc__Logo_2.html"…

Key Highlights

  • Launch of first functional product under Xoma Superfoods line.
  • Initial product is a superfood micro-ground soluble coffee with Organic MCT from Coconut Oil in the proprietary NEXE fully-compostable pod.
  • Available for sale on February 5th, 2021.

NEXE Innovations Inc. Logo (CNW Group/Nexe Innovations Inc.)

VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ – NEXE Innovations Inc. (TSXV: NEXE) («NEXE» or the «Company»), a leader in innovative plant-based materials science and manufacturing technologies, is pleased to announce the commercialization of its proprietary pod for single-serve use in Keurig brewing systems with our premium XOMA Superfoods line. The Xoma Superfoods pilot launch will begin with a micro-ground soluble coffee with Organic MCT (Medium-Chain Triglycerides).  NEXE anticipates that its Xoma Superfoods product will be available for sale at Xoma.ca on February 5th, 2021.

Company Co-Founder and CEO Darren Footz commented, «This is a pivotal milestone for us. With almost six years from concept to commercialization, this innovative product will be the first time the public will be able to touch, see, and enjoy the great taste that our pod is able to deliver. Consumers will now be able to savor their coffee without the waste associated with typical single-serve beverages. Our Xoma offering, including the packaging, will be environmentally-friendly. Initial demand is strong, and we will be expanding our offerings in the near term.»

This launch is intended to be the first in a series of product releases designed to meet demand from health and environmentally conscious consumers. The Xoma Superfoods line is designed to combine personal wellness and sustainability in a premium product for health and environmentally conscious consumers. Visit Xoma.ca to stay up to date with all other superfood offerings in the coming months.

NEXE Launches XOMA Feb 5th Using Its Proprietary Capsule (CNW Group/Nexe Innovations Inc.)

The Company’s fully compostable plant-based NEXE pod is the perfect delivery mechanism for future Xoma products, while adhering to NEXE’s environmental, social, and corporate governance (ESG) goals. With this launch, NEXE aims to set the benchmark for advancing plant-based manufacturing technologies and sustainable consumer goods.

Ash Guglani, President, stated, «We are proud to say that in addition to the $14.2M that the Company raised in its December 2020 financing, NEXE has received more than $3M from warrant exercises to date.  The Company remains fully funded to fulfill its capital requirements. Funds raised to date will be used to scale our direct-to-consumer Xoma Superfoods brand as well as continue to bring additional revenue-generating initiatives on-line.»

About XOMA Superfoods
XOMA Operations Inc. is a subsidiary of NEXE Innovations Inc. Xoma Superfoods produces and distributes high-quality coffee and superfood creamers packaged exclusively in single-serve, fully compostable, plant-based pods.

xoma.ca
instagram.com/xomasuperfoods/

About NEXE Innovations Inc.
NEXE Innovations Inc. is a leader in plant-based compostable technology and advanced materials manufacturing based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in leading single-serve coffee machines. The proprietary NEXE pod is designed to reduce the significant environmental impact caused by single-serve pods,  >40 billion of which are discarded every year. With over $30M raised to date from equity and government funding and over five years of R&D, NEXE is well-positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector and beyond.

Social Media

https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations

Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking statements or information, which include the proposed use of proceeds, commercialization of the NEXE PODs, including the NEXE Nespresso Compatible Pod, increase production capacity, demand and/or sales of its products, create other environmentally friendly compostable packaging opportunities, development of technologies, the potential of the Company’s technology, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as «may», «expect», «estimate», «anticipate», «intend», «believe» and «continue» or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, consumer demand for and sentiment towards the Company’s products, security threats, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, litigation, increase in operating costs, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, competition, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions.  Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release.  Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Nexe Innovations Inc.

La pila de DVB de iWedia consigue la certificación de Netflix de STB híbrido para operador de Hailstorm

LAUSANA, Suiza, 1 de febrero de 2021 /PRNewswire/ —

En unas palabras:

  • Netflix ha lanzado un programa de colaboración de escalado de vía rápida llamado «Hailstorm» cuyo objetivo es acortar los plazos de comercialización y reducir esfuerzos de ingeniería para la certificación de Netflix de STB híbrido basado en Android TV
  • iWedia es una de las primeras empresas de software independiente de la industria que ha conseguido la certificación de su Pila de Difusión de STB híbrido para operador de…

LAUSANA, Suiza, 1 de febrero de 2021 /PRNewswire/ —

En unas palabras:

  • Netflix ha lanzado un programa de colaboración de escalado de vía rápida llamado «Hailstorm» cuyo objetivo es acortar los plazos de comercialización y reducir esfuerzos de ingeniería para la certificación de Netflix de STB híbrido basado en Android TV
  • iWedia es una de las primeras empresas de software independiente de la industria que ha conseguido la certificación de su Pila de Difusión de STB híbrido para operador de STB.

iWedia, un líder proveedor de componentes y soluciones de software para dispositivos de TV ha revelado hoy que su pila de difusión ha recibido la certificación Hailstorm Hybrid operador STB.

iWedia logo

Hailstorm es un programa de escalado de dispositivos de Netflix basado en Android TV, dirigido a acortar los plazos de comercialización y reducir los esfuerzos de ingeniería.

El objetivo del programa Hailstorm Hybrid es acelerar el trabajo de preintegración del Operador en un decodificador (STB) híbrido de Android TV y conseguir acortar el desarrollo de los plazos de comercialización garantizando la obtención de todas las medidas de calidad y rendimiento de Netflix.

Al aprovechar plenamente las posibilidades de la infraestructura existente de Android e integrarla con el Marco de Entrada de TV (TIF), la pila de DVB de iWedia figura entre las mejores y ha recibido la certificación como parte del STB híbrido Hailstorm.

Encontrará el Comunicado de Prensa completo en la página web de iWedia.

Sobre iWedia – www.iwedia.com

iWedia S.A. proporciona soluciones de software de primera categoría para dispositivos conectados de TV. Como pionero en Android TV, iWedia presta servicio a sus clientes con arquitectura de software y experiencia en diseño, productos probados y servicios de ingeniería rentables. iWedia trabaja para los operadores de telecomunicaciones más importantes, operadores de televisión de pago y fabricantes de equipos originales (OEM) de automoción de primer nivel.

iWedia tiene su sede en Suiza con laboratorios de desarrollo en Serbia, y oficinas de venta y asistencia técnica en Alemania, Francia, Tailandia, India, Corea del Sur y Brasil.

Para más información, póngase en contacto con:

En iWedia

David Paul,
director de Marketing, iWedia
david.paul@iwedia.com
+55 (11) 97188-0222

Logo – https://mma.prnewswire.com/media/1429562/iWedia_Logo.jpg

 

 

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner,…

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner, healthier world through the team’s ‘Race Against Climate Change’ initiative

LONDON, Feb. 1, 2021 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, has taken another major step in its plans to commercialise eLNO, its family of nickel rich advanced cathode materials, by entering into a strategic partnership with Formula E team Envision Virgin Racing. The collaboration will see JM and Envision Virgin Racing combine next generation cathode materials with leading battery technology to create the first ever electric two-seater Formula E style race car, powered by eLNO.

The concept vehicle will showcase eLNO in action and will act as a test bed, providing valuable experience of a challenging automotive application that will inform the continuous development of eLNO as a high performance, customisable material for passenger cars. The multi year partnership will also see JM sponsor the racing team’s participation in the ABB FIA Formula E World Championship. 

Formula E is the ultimate showcase for e-mobility, using only high performance battery electric vehicles in its races. Envision Virgin Racing’s mission is to energise the ‘Race Against Climate Change’, focusing on accelerating the transition to renewable energy and mass adoption of e-mobility. A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).  They have also partnered with the UK Government’s ‘Together for Our Planet’ campaign to encourage global action against climate change ahead of the COP26 Climate Change Conference. Envision Virgin Racing is owned by Envision Group, who has pioneered innovation work in areas such as smart wind technology, battery development and AIoT infrastructure.

Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: «Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them. As a global leader in sustainable technologies, JM’s vision aligns perfectly with the net zero values of Envision, and I look forward to working together to tackle climate change before it is too late.»

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: «Our vision is for a world that’s cleaner and healthier, so we are delighted to be working together with Envision Virgin Racing and its owners Envision Group as we both share an ambition to create a sustainable future. We’re really excited to create the first electric race car using eLNO technology – which is a major milestone in its commercialisation – and also to join the team’s ‘Race Against Climate Change’ initiative and its goals of inspiring generations to take action to protect the planet.» 

About Johnson Matthey:

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com  

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship – the innovative electric street racing series.

The purpose-driven team has sustainability running throughout its DNA and exists for one simple purpose; to use its platform to inspire generations to tackle climate change and transition to e-mobility and renewable energy. It does this through its long-running ‘Race Against Climate Change’ programme and prides itself on being the ‘greenest team on the greenest grid’, being the first and only carbon neutral certified team (PAS 2060), one of a handful to have achieved the FIA’s Three Star Sustainability Accreditation, and the first to sign up to the UNFCCC Sports for Climate Action Framework. It is also a partner of the biggest climate event, the UN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins and 29 podiums to its name and remains the only team to have recorded victories in every season to date. For the 2020/21 Formula E season, Envision Virgin Racing will see Dutchman Robin Frijns complete his third season with the team alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at the team’s commercial headquarters in London is Managing Director Sylvain Filippi, who has been with the team since day one, together with Team & Sporting Director Leon Price and Technical Director Chris Gorne based at the team’s operational arm at its state-of-the-art facilities at Silverstone. Meanwhile, Envision Group’s Franz Jung continues his role as Chairman of the Board.

For further information visit www.envisionvirginracing.com  

 

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner,…

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner, healthier world through the team’s ‘Race Against Climate Change’ initiative

LONDON, Feb. 1, 2021 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, has taken another major step in its plans to commercialise eLNO, its family of nickel rich advanced cathode materials, by entering into a strategic partnership with Formula E team Envision Virgin Racing. The collaboration will see JM and Envision Virgin Racing combine next generation cathode materials with leading battery technology to create the first ever electric two-seater Formula E style race car, powered by eLNO.

The concept vehicle will showcase eLNO in action and will act as a test bed, providing valuable experience of a challenging automotive application that will inform the continuous development of eLNO as a high performance, customisable material for passenger cars. The multi year partnership will also see JM sponsor the racing team’s participation in the ABB FIA Formula E World Championship. 

Formula E is the ultimate showcase for e-mobility, using only high performance battery electric vehicles in its races. Envision Virgin Racing’s mission is to energise the ‘Race Against Climate Change’, focusing on accelerating the transition to renewable energy and mass adoption of e-mobility. A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).  They have also partnered with the UK Government’s ‘Together for Our Planet’ campaign to encourage global action against climate change ahead of the COP26 Climate Change Conference. Envision Virgin Racing is owned by Envision Group, who has pioneered innovation work in areas such as smart wind technology, battery development and AIoT infrastructure.

Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: «Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them. As a global leader in sustainable technologies, JM’s vision aligns perfectly with the net zero values of Envision, and I look forward to working together to tackle climate change before it is too late.»

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: «Our vision is for a world that’s cleaner and healthier, so we are delighted to be working together with Envision Virgin Racing and its owners Envision Group as we both share an ambition to create a sustainable future. We’re really excited to create the first electric race car using eLNO technology – which is a major milestone in its commercialisation – and also to join the team’s ‘Race Against Climate Change’ initiative and its goals of inspiring generations to take action to protect the planet.» 

About Johnson Matthey:

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com  

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship – the innovative electric street racing series.

The purpose-driven team has sustainability running throughout its DNA and exists for one simple purpose; to use its platform to inspire generations to tackle climate change and transition to e-mobility and renewable energy. It does this through its long-running ‘Race Against Climate Change’ programme and prides itself on being the ‘greenest team on the greenest grid’, being the first and only carbon neutral certified team (PAS 2060), one of a handful to have achieved the FIA’s Three Star Sustainability Accreditation, and the first to sign up to the UNFCCC Sports for Climate Action Framework. It is also a partner of the biggest climate event, the UN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins and 29 podiums to its name and remains the only team to have recorded victories in every season to date. For the 2020/21 Formula E season, Envision Virgin Racing will see Dutchman Robin Frijns complete his third season with the team alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at the team’s commercial headquarters in London is Managing Director Sylvain Filippi, who has been with the team since day one, together with Team & Sporting Director Leon Price and Technical Director Chris Gorne based at the team’s operational arm at its state-of-the-art facilities at Silverstone. Meanwhile, Envision Group’s Franz Jung continues his role as Chairman of the Board.

For further information visit www.envisionvirginracing.com  

 

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SOURCE Johnson Matthey

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner,…

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner, healthier world through the team’s ‘Race Against Climate Change’ initiative

LONDON, Feb. 1, 2021 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, has taken another major step in its plans to commercialise eLNO, its family of nickel rich advanced cathode materials, by entering into a strategic partnership with Formula E team Envision Virgin Racing. The collaboration will see JM and Envision Virgin Racing combine next generation cathode materials with leading battery technology to create the first ever electric two-seater Formula E style race car, powered by eLNO.

The concept vehicle will showcase eLNO in action and will act as a test bed, providing valuable experience of a challenging automotive application that will inform the continuous development of eLNO as a high performance, customisable material for passenger cars. The multi year partnership will also see JM sponsor the racing team’s participation in the ABB FIA Formula E World Championship. 

Formula E is the ultimate showcase for e-mobility, using only high performance battery electric vehicles in its races. Envision Virgin Racing’s mission is to energise the ‘Race Against Climate Change’, focusing on accelerating the transition to renewable energy and mass adoption of e-mobility. A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).  They have also partnered with the UK Government’s ‘Together for Our Planet’ campaign to encourage global action against climate change ahead of the COP26 Climate Change Conference. Envision Virgin Racing is owned by Envision Group, who has pioneered innovation work in areas such as smart wind technology, battery development and AIoT infrastructure.

Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: «Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them. As a global leader in sustainable technologies, JM’s vision aligns perfectly with the net zero values of Envision, and I look forward to working together to tackle climate change before it is too late.»

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: «Our vision is for a world that’s cleaner and healthier, so we are delighted to be working together with Envision Virgin Racing and its owners Envision Group as we both share an ambition to create a sustainable future. We’re really excited to create the first electric race car using eLNO technology – which is a major milestone in its commercialisation – and also to join the team’s ‘Race Against Climate Change’ initiative and its goals of inspiring generations to take action to protect the planet.» 

About Johnson Matthey:

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com  

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship – the innovative electric street racing series.

The purpose-driven team has sustainability running throughout its DNA and exists for one simple purpose; to use its platform to inspire generations to tackle climate change and transition to e-mobility and renewable energy. It does this through its long-running ‘Race Against Climate Change’ programme and prides itself on being the ‘greenest team on the greenest grid’, being the first and only carbon neutral certified team (PAS 2060), one of a handful to have achieved the FIA’s Three Star Sustainability Accreditation, and the first to sign up to the UNFCCC Sports for Climate Action Framework. It is also a partner of the biggest climate event, the UN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins and 29 podiums to its name and remains the only team to have recorded victories in every season to date. For the 2020/21 Formula E season, Envision Virgin Racing will see Dutchman Robin Frijns complete his third season with the team alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at the team’s commercial headquarters in London is Managing Director Sylvain Filippi, who has been with the team since day one, together with Team & Sporting Director Leon Price and Technical Director Chris Gorne based at the team’s operational arm at its state-of-the-art facilities at Silverstone. Meanwhile, Envision Group’s Franz Jung continues his role as Chairman of the Board.

For further information visit www.envisionvirginracing.com  

 

La pila de DVB de iWedia consigue la certificación de Netflix de STB híbrido para operador de Hailstorm

LAUSANA, Suiza, 1 de febrero de 2021 /PRNewswire/ —

En unas palabras:

  • Netflix ha lanzado un programa de colaboración de escalado de vía rápida llamado «Hailstorm» cuyo objetivo es acortar los plazos de comercialización y reducir esfuerzos de ingeniería para la certificación de Netflix de STB híbrido basado en Android TV
  • iWedia es una de las primeras empresas de software independiente de la industria que ha conseguido la certificación de su Pila de Difusión de STB híbrido para operador de…

LAUSANA, Suiza, 1 de febrero de 2021 /PRNewswire/ —

En unas palabras:

  • Netflix ha lanzado un programa de colaboración de escalado de vía rápida llamado «Hailstorm» cuyo objetivo es acortar los plazos de comercialización y reducir esfuerzos de ingeniería para la certificación de Netflix de STB híbrido basado en Android TV
  • iWedia es una de las primeras empresas de software independiente de la industria que ha conseguido la certificación de su Pila de Difusión de STB híbrido para operador de STB.

iWedia, un líder proveedor de componentes y soluciones de software para dispositivos de TV ha revelado hoy que su pila de difusión ha recibido la certificación Hailstorm Hybrid operador STB.

iWedia logo

Hailstorm es un programa de escalado de dispositivos de Netflix basado en Android TV, dirigido a acortar los plazos de comercialización y reducir los esfuerzos de ingeniería.

El objetivo del programa Hailstorm Hybrid es acelerar el trabajo de preintegración del Operador en un decodificador (STB) híbrido de Android TV y conseguir acortar el desarrollo de los plazos de comercialización garantizando la obtención de todas las medidas de calidad y rendimiento de Netflix.

Al aprovechar plenamente las posibilidades de la infraestructura existente de Android e integrarla con el Marco de Entrada de TV (TIF), la pila de DVB de iWedia figura entre las mejores y ha recibido la certificación como parte del STB híbrido Hailstorm.

Encontrará el Comunicado de Prensa completo en la página web de iWedia.

Sobre iWedia – www.iwedia.com

iWedia S.A. proporciona soluciones de software de primera categoría para dispositivos conectados de TV. Como pionero en Android TV, iWedia presta servicio a sus clientes con arquitectura de software y experiencia en diseño, productos probados y servicios de ingeniería rentables. iWedia trabaja para los operadores de telecomunicaciones más importantes, operadores de televisión de pago y fabricantes de equipos originales (OEM) de automoción de primer nivel.

iWedia tiene su sede en Suiza con laboratorios de desarrollo en Serbia, y oficinas de venta y asistencia técnica en Alemania, Francia, Tailandia, India, Corea del Sur y Brasil.

Para más información, póngase en contacto con:

En iWedia

David Paul,
director de Marketing, iWedia
david.paul@iwedia.com
+55 (11) 97188-0222

Logo – https://mma.prnewswire.com/media/1429562/iWedia_Logo.jpg

 

 

Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner,…

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner, healthier world through the team’s ‘Race Against Climate Change’ initiative

LONDON, Feb. 1, 2021 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, has taken another major step in its plans to commercialise eLNO, its family of nickel rich advanced cathode materials, by entering into a strategic partnership with Formula E team Envision Virgin Racing. The collaboration will see JM and Envision Virgin Racing combine next generation cathode materials with leading battery technology to create the first ever electric two-seater Formula E style race car, powered by eLNO.

The concept vehicle will showcase eLNO in action and will act as a test bed, providing valuable experience of a challenging automotive application that will inform the continuous development of eLNO as a high performance, customisable material for passenger cars. The multi year partnership will also see JM sponsor the racing team’s participation in the ABB FIA Formula E World Championship. 

Formula E is the ultimate showcase for e-mobility, using only high performance battery electric vehicles in its races. Envision Virgin Racing’s mission is to energise the ‘Race Against Climate Change’, focusing on accelerating the transition to renewable energy and mass adoption of e-mobility. A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).  They have also partnered with the UK Government’s ‘Together for Our Planet’ campaign to encourage global action against climate change ahead of the COP26 Climate Change Conference. Envision Virgin Racing is owned by Envision Group, who has pioneered innovation work in areas such as smart wind technology, battery development and AIoT infrastructure.

Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: «Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them. As a global leader in sustainable technologies, JM’s vision aligns perfectly with the net zero values of Envision, and I look forward to working together to tackle climate change before it is too late.»

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: «Our vision is for a world that’s cleaner and healthier, so we are delighted to be working together with Envision Virgin Racing and its owners Envision Group as we both share an ambition to create a sustainable future. We’re really excited to create the first electric race car using eLNO technology – which is a major milestone in its commercialisation – and also to join the team’s ‘Race Against Climate Change’ initiative and its goals of inspiring generations to take action to protect the planet.» 

About Johnson Matthey:

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com  

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship – the innovative electric street racing series.

The purpose-driven team has sustainability running throughout its DNA and exists for one simple purpose; to use its platform to inspire generations to tackle climate change and transition to e-mobility and renewable energy. It does this through its long-running ‘Race Against Climate Change’ programme and prides itself on being the ‘greenest team on the greenest grid’, being the first and only carbon neutral certified team (PAS 2060), one of a handful to have achieved the FIA’s Three Star Sustainability Accreditation, and the first to sign up to the UNFCCC Sports for Climate Action Framework. It is also a partner of the biggest climate event, the UN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins and 29 podiums to its name and remains the only team to have recorded victories in every season to date. For the 2020/21 Formula E season, Envision Virgin Racing will see Dutchman Robin Frijns complete his third season with the team alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at the team’s commercial headquarters in London is Managing Director Sylvain Filippi, who has been with the team since day one, together with Team & Sporting Director Leon Price and Technical Director Chris Gorne based at the team’s operational arm at its state-of-the-art facilities at Silverstone. Meanwhile, Envision Group’s Franz Jung continues his role as Chairman of the Board.

For further information visit www.envisionvirginracing.com  

 

Cision View original content:http://www.prnewswire.com/news-releases/johnson-matthey-and-envision-virgin-racing-announce-multi-year-strategic-partnership-301218354.html

SOURCE Johnson Matthey

ICIS launches the Recycling Supply Tracker to increase visibility in the global plastic market

LONDON, Feb. 1, 2021 /PRNewswire/ — With demand currently outstripping supply, particularly for food grade packaging plastics, many FMCGs, manufacturers and converters are finding sourcing the feedstock they require to hit regulatory and sustainability goals challenging. Sourcing recycled resins in a growing, opaque, and increasingly competitive market has proven to be difficult across the packaging sector. Driven by regulation and consumer pressure, it remains one of the industry’s most pressing…

LONDON, Feb. 1, 2021 /PRNewswire/ — With demand currently outstripping supply, particularly for food grade packaging plastics, many FMCGs, manufacturers and converters are finding sourcing the feedstock they require to hit regulatory and sustainability goals challenging. Sourcing recycled resins in a growing, opaque, and increasingly competitive market has proven to be difficult across the packaging sector. Driven by regulation and consumer pressure, it remains one of the industry’s most pressing challenges.

To assist the industry, ICIS has developed the Recycling Supply Tracker that allows companies looking to source recycled plastic to quickly gain a comprehensive view of the sector and identify new supplier relationships, as well as take a strategic view on existing and announced projects. The global database provides information on production capacities, output volumes, feedstock source and site status, and is designed to bring transparency and support the transition to a circular economy.

The Recycling Supply Tracker follows four grades of recycled plastic – high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), and polypropylene (PP) – in pellet, flake and regrind forms. The tracker has details on more than 1800 medium and large recycling facilities around the world.

The Recycling Supply Tracker has information on where the plants are located, what products they produce, and how much of those products they produce, as well how to contact them. Interactive filters allow the search to be narrowed by region, particular country, or a specific product. It also shows whether the plant is in operation, under construction, or announced. Further filters on specifics such as product colour and its feedstock source are also available, giving users the most comprehensive view of recycled plastics market.  

«The tracker is designed to help companies source recycled resins globally, tackling one of the biggest challenges we know the industry is facing,» Louise Boddy, Head of Strategy – Sustainability at ICIS said. «We bridge the gap between companies’ sustainability targets and actually finding supplies of recycled plastic on the ground in markets that remain fragmented and unfamiliar to many.  Our recycling analysts scour the world to find recycling plants that can support the circular economy and help those who want to increase their use of these environmentally friendly materials.»

Even in Europe, where regulators are pushing the hardest for circularity of plastics, it is becoming clear that not enough recycled material is available to hit these targets. And many consumer brands have even more aggressive targets than the regulation. Seeing the extent and location of the world’s recycling infrastructure with this tool enables regulators, investors and companies to see where the capacity is lacking and how fast it is being built. Having on the ground data is a crucial step to stimulating this sector and bringing more waste plastic back into the economy.

Related Links:
ICIS Recycling Supply Tracker 
ICIS Recycling & Sustainability Hub

About ICIS
ICIS is a trusted source of global commodity intelligence for the energy, chemical and fertilizer industry. We are a division of RELX, a FTSE 15 company with a market cap of £35 billion and an employee base of over 30,000 experts across 40 countries.

At ICIS, we help businesses make strategic decisions, mitigate risk, improve productivity and capitalise on new opportunities. We make some of the world’s most important markets more trusted and predictable by providing data services, thought leadership and decision tools. As a result of our unmatched global presence, we can deliver targeted connected intelligence to influence thousands of decisions across supply chains every single day. We shape the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.

ABOUT RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £35bn | €39.6bn | $48.1bn. 

 

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SOURCE ICIS