Huhtamaki joins the 4evergreen industry alliance promoting recycling of fiber-based products and circular economy

UPM Biofuels commissioned a study from leading international energy and climate consultancy Ecofys - A Navigant Company, entitled "Crude tall oil low ILUC risk assessment: comparing global supply and demand". The study looked into crude tall oil (CTO) availability, current usage, whether the feedstock creates an additional demand for land, and whether the use of CTO in advanced biofuels can cause distortive effects in the markets. The recently conducted Ecofys study concludes that "the CTO market is not overly tight and potential surplus of about 850,000 tonnes of CTO is still available that could be tapped into". The total potential CTO supply is around 2.6 million tonnes. Current actual CTO demand is approximately 1.75 million tonnes, of which about 1.4 million tonnes is used by distillers and roughly 230,000 tonnes for biofuels. Ecofys also concludes that "CTO use for biofuels did not cause displacement effects elsewhere, and hence CTO, a non-land using process residue, is a low ILUC (Indirect Land Use Change) risk material." UPM considered it necessary to investigate the impact of UPM Biofuels' market entry, and to verify whether UPM BioVerno production may have impacted negatively on the CTO market. The study brings necessary information into the debate concerning raw material availability for various end-uses such as advanced biofuels and biomaterials. Click Read More below for additional detail.

Mondi has joined the newly created consortium CELAB (Circular Economy for Labels). This industry initiative was founded by companies in the self-adhesive label industry to create greater circularity for its products by enhancing and promoting matrix and release liner recycling around the world. In joining CELAB, Mondi and other leading companies from the self-adhesive label industry will facilitate collaboration at a global level, foster regional initiatives, and encourage the universal adoption of industry best practices.

Join us for our Partners Webinar taking place on the 24th of January 2024, from 9.30 - 11.30 (GMT London). We will give you an update on our activity, results in 2023, and focus on the tools, resources and information that your business can use. We will cover the Love Paper campaign, which tells consumers the great sustainable story of our products, and how you can become involved. Our guest speaker is Andrea Boltho, Lecturer and Director of Oxford Economics, presenting his thoughts on “Where is the European Economy Going? More uncertainties than ever”. At various stages, Andrea has been a consultant to the World Bank, the OECD and member of the Academic Council of the IFO Institute, Munich, as well as Visiting Professor in various European universities. He's been a Member of the Board of Finmeccanica and is a Director of Oxford Economics. Register in advance for the webinar here: https://us06web.zoom.us/webinar/register/WN_QcgHRa3TRPilZxuZ2zQbvw