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05.07.2024

Successful closing of In-store Asia 2024

The 15th In-store Asia 2024, a trade fair for retail resources and investment in store designs, visual merchandising and in-store marketing on the Indian subcontinent, has drawn to a successful close. From 13 to 15 June numerous exhibitors and retailers got together at the Bombay Exhibition Center in Mumbai to network and experience the latest trends and innovations in the industry.

Registering more than 5,500 trade visitors, In-store Asia 2024 exceeded all expectations and confirmed its position as a leading platform. The three trade fair days played out in a lively atmosphere with many business leads.

The 15th In-store Asia 2024, a trade fair for retail resources and investment in store designs, visual merchandising and in-store marketing on the Indian subcontinent, has drawn to a successful close. From 13 to 15 June numerous exhibitors and retailers got together at the Bombay Exhibition Center in Mumbai to network and experience the latest trends and innovations in the industry.

Registering more than 5,500 trade visitors, In-store Asia 2024 exceeded all expectations and confirmed its position as a leading platform. The three trade fair days played out in a lively atmosphere with many business leads.

Solutions providers presented a comprehensive line-up of innovative products and solutions, which are required for installing modern, connected and targeted Points of Sale. Exhibits included POP and interactive displays, visual merchandising solutions and retail technologies, shopfittings complete with lighting, signage and display mannequins as well as retail designs. The event provided visitors including the decision-makers of retail brands as well as service providers, architects, designers, marketeers and retail specialists with a perfect setting for networking, exchanging ideas and forging strategic partnerships.  

Trade fair highlights included:

  • VM&RD Retail Design Awards: The Awards recognised outstanding examples of retail design and visual merchandising. Over 300 submissions in 24 categories by more than 40 companies were assessed by a jury composed of international design experts.  
  • VM Challenge: 40 visual merchandisers from more than 20 enterprises competed with each other in six teams in a live window-dressing competition to create imaginative decorations on the theme of “Surreal Chic” in 60 minutes.
  • Focal Points: Skechers, Lifestyle, Pepe Jeans and Ace Turtle impressed participants with innovatively dressed shop windows demonstrating the strength of creative design in retail.

The next In-store Asia will be held from 22 to 24 May 2025.

Source:

Messe Düsseldorf GmbH

CARBIOS and Zhink Group: Partnership for PET biorecycling in China (c) CARBIOS
03.07.2024

CARBIOS and Zhink Group: Partnership for PET biorecycling in China

CARBIOS and Zhink Group, specializing in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using CARBIOS’ revolutionary enzymatic depolymerization technology to serve the global market. This agreement officializes collaboration towards a long-term partnership in view of a first licensing contract to build a plant with a minimum annual processing capacity of 50k tons of prepared PET waste and would contribute to accelerating a circular economy for plastic and textiles. China is a key market for CARBIOS, and this agreement would establish a presence in this dominant market.

With 67 million tons of PET produced annually, representing 61% of global production[1], China is the world's largest PET producer. With regional and global demand for recycled PET growing, China also has the potential to take the lead in recycled PET (r-PET) production. In 2021, 58% of the world’s r-PET was consumed in Asia (with 38% in China[2]) underscoring this region’s importance both as a major producer and consumer.

CARBIOS and Zhink Group, specializing in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using CARBIOS’ revolutionary enzymatic depolymerization technology to serve the global market. This agreement officializes collaboration towards a long-term partnership in view of a first licensing contract to build a plant with a minimum annual processing capacity of 50k tons of prepared PET waste and would contribute to accelerating a circular economy for plastic and textiles. China is a key market for CARBIOS, and this agreement would establish a presence in this dominant market.

With 67 million tons of PET produced annually, representing 61% of global production[1], China is the world's largest PET producer. With regional and global demand for recycled PET growing, China also has the potential to take the lead in recycled PET (r-PET) production. In 2021, 58% of the world’s r-PET was consumed in Asia (with 38% in China[2]) underscoring this region’s importance both as a major producer and consumer.

Furthermore, China is a key transformer of PET into resins and fibers used in numerous applications in the packaging and textile industries.  Most notably, China is the primary country for transforming PET into fiber, representing 78% of all PET fiber transformation in the world[3].

For Zhink, the strategic focus is on the development of two global industries, PET and textiles, and to be a leader with sustainable competitiveness. Zhink is a major actor within the PET market with an annual production of 3 million tons of PET, serving domestic and global markets. CARBIOS has developed a enzymatic depolymerization technology that enables efficient and solvent-free recycling of PET plastic and textile waste into virgin-like products. The initial agreement between the two groups would allow Zhink to increase its recycled PET capacities and meet its sustainable competitiveness objectives by offering r-PET from enzymatic recycling: a circular recycling solution that can process all types of PET waste including hard-to-recycle waste (such as opaque and colored bottles, multilayer food trays and textile waste) while reducing CO2 emissions by 57%[4] compared with virgin PET production. For CARBIOS, this agreement marks a significant step in the deployment of its technology worldwide and roll-out of its licensing model to achieve its ambition to become a leading technology provider in the recycling of PET by 2035. This Asia-based plant under license by Zhink would come in addition to the world’s first industrial-scale enzymatic PET recycling plant which is currently under construction in Longlaville, France.

[1] HIS Markit 2021, Market Research Future 2021
[2] HIS Markit 2021, Market Research Future 2021
[3] HIS Markit 2021, Market Research Future 2021
[4] Database ecoinvent 3.8; French scenario, taking into account the detour of 50% of PET waste from conventional end-of-life. Virgin PET: 2.53 kg CO2/kg (cradle to gate)

Source:

CARBIOS

03.07.2024

Salvation Army wins Outstanding Charity Retailer and Environment Awards

Salvation Army charity shops have won two major awards from the Charity Retail Association for Outstanding Charity Retailer of the Year, and Environmental and Sustainability at the CRA Annual Conference held at the Harrogate Convention Centre on 26th June 2024.

This is the second time the charity has won the Outstanding Charity Retailer of the Year Award in the past four years - winning it outright in 2022 and 2024, and also being shortlisted in 2021 and 2023.

The Environmental and Sustainability Award sets out specific criteria that organisations must demonstrate, including the introduction of green policies, and new ways of dealing with textile recycling.

Both award categories focused on retail initiatives and key achievements over the previous 12 months. SATCoL recently announced its highest trading results and a record-breaking donation to its parent charity of over £11.2m.

Salvation Army charity shops have won two major awards from the Charity Retail Association for Outstanding Charity Retailer of the Year, and Environmental and Sustainability at the CRA Annual Conference held at the Harrogate Convention Centre on 26th June 2024.

This is the second time the charity has won the Outstanding Charity Retailer of the Year Award in the past four years - winning it outright in 2022 and 2024, and also being shortlisted in 2021 and 2023.

The Environmental and Sustainability Award sets out specific criteria that organisations must demonstrate, including the introduction of green policies, and new ways of dealing with textile recycling.

Both award categories focused on retail initiatives and key achievements over the previous 12 months. SATCoL recently announced its highest trading results and a record-breaking donation to its parent charity of over £11.2m.

In 2022 SATCoL launched its 5-Year Strategic Plan under the theme of ‘Dare to CARE’ – this included new performance measures for People, Planet and Profit. CARE represents SATCoL's values of Compassion, Accountability, Respect and Equality. The company continues to invest in its donation centres and refurbishing more high street shops – 10 new donation centres opened and 9 high street shops were refurbished in the year 2022-23.

SATCoL has also invested heavily in innovations including FibersortTM, an automatic sorting process that identifies and sorts second-hand garments by fibre type, and Project Re:claimTM, a commercial-scale polyester recycling plant designed to recycle end-of-life textiles. Project Re:claim is a joint venture with Project Plan B.

Source:

Salvation Army Trading Company Ltd (SATCoL)