Plastics Makers Welcome New Plastics Economy Innovation Prize
(WorldNews Environment)

Initiative to Advance Plastics Recycling and Keep Valuable Materials Out of the Ocean WASHINGTON (May 18, 2017)-The Ellen MacArthur Foundation and The Prince of Wales`s International Sustainability Unit today jointly announced the $2 million `New Plastics Economy Innovation Prize,` funded by U.S. Philanthropist Wendy Schmidt. Recognizing that plastics demand is expected to double in the next 20 years, this initiative aims to advance the design and recycling of plastics-particularly packaging-to keep valuable material out of the ocean. The American Chemistry Council`s Plastics Division,...