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CWE held ‘Lancang Mekong Green Course’ Open Day to celebrate the 10th anniversary of the Nam Ngiep 2 Hydropower Station

To celebrate the 10th anniversary of the commissioning and operation of the Nam Ngiep 2 Hydropower Station in Laos, China International Water & Electric Corp. (CWE), a subsidiary of China Communications Construction Company (CCCG), held “Lancang Mekong Green Course” Open Day event from July 4 to 5, 2025. The event drew wide participation from students and faculty of the National University of Laos, government representatives at various levels, and residents from surrounding communities, who came together to witness the station’s achievements over the past decade.

Nam Ngiep 2 is the second Build-Own-Operate-Transfer (BOOT) hydropower project developed by the CWE in Laos. With a total installed capacity of 180 MW, the station began commercial operation in October 2015. Over the past 10 years, it has generated over 4.2 billion kilowatt-hours of electricity, supplying power to approximately 780,000 people and making a significant contribution to the energy stability of northern Laos. In 2022, it was awarded the Second-Class Labor Medal, a national honor of Laos.

This Open Day event was based on the CWE’s “Lancang Mekong Green Course” brand project, focusing on local university students and youth. Five thematic modules were designed around the station’s 10th anniversary: Practical Class, Research Class, Science Class, Activity Class, and Culture Class. A photo exhibition titled “10 Years of Development of Nam Ngiep 2” was also set up, showcasing the station’s construction milestones, operational management, environmental protection efforts, and community engagement practices.

Led by Chinese and Lao engineers, participants engaged in immersive learning through practical, research, and science classes. These sessions helped local youth gain a hands-on understanding of hydropower generation, the multifunctional role of water conservancy projects, and the technological innovations within China-Laos joint projects. A “Decade Together” sharing session featured long-serving employees from both countries who shared personal stories of growing alongside the project—encouraging young students to pursue careers in clean energy.

A student from the Faculty of Engineering at the National University of Laos, said:“This event taught me so many things beyond the textbooks. I saw firsthand how the station operates and felt the commitment of Chinese enterprises to social responsibility and ecological protection. It’s an honor to witness this important 10-year milestone in person.”

In the Activity Class, the station worked with the local government to organize eco-friendly activities such as tree planting and fish fry release. Around 2,000 saplings—including mango and longan—were planted, and approximately 100,000 juvenile fish such as tilapia and crucian carp were released, reinforcing the station’s commitment to green development and community engagement. The government of Phaxay awarded the station an “Ecological Protection Honor Certificate for the Mekong River Basin.” County Chief Khamla Keodavanh commented:

“Nam Ngiep 2 not only provides stable and clean power to Laos, but also protects the river basin’s ecosystem through activities like tree planting and fish release. This honor is the best recognition of its commitment to sustainable development.”

During the Culture Class, students were invited to experience traditional Chinese cuisine. Under the guidance of the station’s staff, they learned to wrap sticky rice dumplings (zongzi), roll rice balls (tangyuan), make dumpling wrappers, and prepare green rice cakes (qingtuan). The festivities also included a Chinese hotpot meal and a celebratory cake to mark the station’s 10th “birthday”, creating a joyful and festive atmosphere.

Throughout the event, students actively posted their experiences and “highlight moments” on international social media platforms, attracting widespread attention and engagement from local youth. The event-related content reached over 350,000 views online. Local media outlets also covered the event live.

Over the years, the hydropower station has brought tangible economic, social, and environmental benefits to local communities by building infrastructure, supporting resettlement villages, and preserving cultural heritage. Village chief from Poung Village shared:“Ten years ago, due to our remote location and difficult terrain, our village was the only one in Xiengkhuang Province without electricity. With continuous support from Nam Ngiep 2, we finally got power. Last year, the station even helped us build our first primary school. Thanks to the station, our children now have a classroom where they can learn in peace. The station has not only brought light to our village, but also hope for the future.”

Serving as a platform for cultural exchange, the “Lancang Mekong Green Course” Open Day vividly showcased the decade-long journey and accomplishments of the China-Laos joint project. It also deepened local youth’s understanding of the green energy sector and opened a new chapter in regional energy cooperation across the Lancang-Mekong region.

Company: China International Water & Electric Corporation
Website: https://english.cwe.cn/
Contact: Xiao Ran
TEL: +86 13146100749
Email: xiaoran@ccccltd.cn

Eco Expo Asia opens at AsiaWorld-Expo in late October

Green innovation and tech aim to achieve dual carbon goals

– Eco Expo Asia is expected to attract over 300 exhibitors from 11 countries and regions with new exhibitor groups from Anhui Province and Norway
– The Expo will feature three focal points: New Energy, Waste Management and Circular Economy, and ESG-related Services, in pursuit of achieving the dual carbon goals
– Government officials, industry experts and business leaders from various countries and regions, including Belt and Road countries will attend the Eco Asia Conference
– Talks and workshops on the last day of the Expo (2 November) will be open to the public for free

Eco Expo Asia 2024, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), will be held at AsiaWorld-Expo from 30 October to 2 November. The last day of the event will be open to the public for free.

To extend the sourcing journey, exhibitors and buyers worldwide can connect via the Click2Match virtual business matching platform from 23 October to 9 November.

HKTDC Assistant Executive Director Jenny Koo said: “In the face of climate change, countries and regions have been actively propelling carbon reduction policies and sustainable development. China, for instance, set carbon reduction and neutrality goals in 2020 and has been advocating the development of new quality productive forces. The Hong Kong SAR Government is also committed to achieving carbon neutrality before 2050, and the development of related industries has become increasingly diversified, laying a strong foundation for Hong Kong’s sustainable development. Themed Fostering Green Innovations for Carbon Neutrality, the 19th edition of Eco Expo Asia will bring together international exhibitors and industry professionals to showcase cutting-edge innovations and technologies that aim to achieve dual carbon goals.”

Speaking at the press conference, the Deputy Director of the Environmental Protection Department of the HKSAR Government, Fong Kin-wa, expressed: “We hope the Eco Expo Asia could share with visitors and exhibitors from around the world, including Belt and Road countries and ASEAN countries, the latest green innovation for achieving carbon neutrality, with a view to promoting exchange and cooperation between governments and trade sectors on boosting green & low-carbon transformation, achieving sustainable development, and leading Hong Kong towards carbon neutrality.”

Converging international exhibitors and government officials at Eco Expo Asia
This year’s Expo is expected to attract over 300 exhibitors from 11 countries and regions including Mainland China, Hong Kong, Macao, Taiwan, Singapore, Germany, Finland, Norway, the Netherlands, the United States and Canada. Several provinces and cities from Mainland China will form pavilions, including the return of Guangzhou and Shenzhen. The Anhui Pavilion will debut with technologies focused on air quality, water treatment and quality management as well as new energy materials and equipment. Supported by Innovation Norway, the debut group participation from Norway will showcase technologies for water quality management and waste treatment.

The Eco Asia Conference, held during the first three days of the exhibition, will provide a platform for government officials, industry experts and business leaders from various countries and regions to discuss key trends, including energy projections, green building technologies and the circular economy. The conference is supported by the Ministry of Ecology and Environment, National Development and Reform Commission, and Ministry of Industry and Information Technology of the People’s Republic of China. Officials from Belt and Road countries, including Malaysia, Laos, Saudi Arabia, Myanmar, Brunei and Vietnam will also attend the conference.

Three focal points in pursuit of dual carbon goals
To achieve dual carbon goals, the development of green energy and green transportation has become a global trend. New energy is a focus of this year’s exhibition and many innovative new energy-related products and technologies will be featured. For example, Hong Kong’s first hydrogen fuel cell street-cleaning vehicle will be showcased at the booth hosted by the Environment and Ecology Bureau in conjunction with other HKSAR government units.

The Inner Mongolia Pavilion will showcase cutting-edge solutions in environmental protection, ecological restoration and new energy. Innovative technical solutions, such as hydrogen purification systems and carbon capture and storage equipment, will be highlighted at the Canada Pavilion. In the Green Transportation zone, GMI Motors Ltd and first-time exhibitor Xiamen Golden Dragon Bus Co. Ltd will present a variety of electric vehicles. Chun Yang International (HK) Company Ltd will demonstrate fast charging and mini wall-mounted EV chargers catering to different needs.

Waste Management and Circular Economy is a second focal point of the Expo, with exhibitor Smart Farming HK Ltd showcasing fish feed made from food waste and a sustainable fish farming concept. First-time exhibitor Nanda (Hong Kong) Technology Corporation Ltd will feature a food waste biodegradation machine that can process up to 36,000 kg of food waste per day.

The Sustainable Restaurant Awards 2024, the first of its kind in Hong Kong’s F&B industry to recognise restaurants based on their carbon footprint, will be presented on the third day of the Expo.

The third focal point of the Expo is ESG-related services which is experiencing strong demand. Several world-leading certification and consultancy companies will exhibit for the first time, including SGS Hong Kong Ltd, Intertek Testing Services Hong Kong Ltd, TUV Rheinland Hong Kong Ltd and BSI Pacific Ltd to present their testing and certification services as well as ESG consulting and training programmes. ESG AI, an innovative tool launched by China Energy Conservation & Environmental Protection (Hong Kong) Investment Co. Ltd, makes use of big data analysis and other technologies to generate regulatory-compliant ESG reports in one click.

Nurturing talent to inject fresh energy
Eco Expo Asia has long been a platform for start-ups to showcase their latest innovations. Hong Kong Science and Technology Parks Corporation will showcase products and technologies from 10 start-ups related to green transport, circular economy and energy efficiency.

In the popular Start-up Zone, exhibitor Ezygreenpak Ltd will demonstrate its patented water-soluble non-woven packaging material that can be completely dissolved in 90°C hot water without leaving any harmful residue. BSF Innovation Ltd’s organic green building powder, consisting of fibre and calcium extracted from insect shells and food waste, can be blended with traditional building materials to make eco-bricks, reducing the manufacturing process carbon emissions by around 40%.

A series of seminars and workshops on Public Day
To encourage residents to adopt green living practices, talks and workshops will be held on the last day of the Expo (2 November), which are free and open to the public. A highlight will be the Dialogue with the Secretary for Environment and Ecology for school students. Experts will share their strategies and experience in tackling extreme weather. The public can also participate in a variety of green workshops and shop for green products at Green Mart.

Photo download: https://bit.ly/3BWSrpj

Website
Eco Expo Asia: www.ecoexpoasia.com

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences, and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

Background information on Messe Frankfurt
The Messe Frankfurt Group is one of the world’s leading trade fair, congress and event organisers with their own exhibition grounds. With a workforce of some 2,160 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2022 were around €454 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.

For more information, please visit our website at: www.messefrankfurt.com/sustainability. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent). For more information, please visit our website at: www.messefrankfurt.com

Cisgenics Brings Next-Generation Irrigation Technology to Australia

Cisgenics, a pioneer of world-class sustainable irrigation solutions, has entered the Australian market, introducing their next-generation irrigation solutions which hold the potential to shape the future of water management in Australia. The company is opening its first office in Adelaide and undertaken a number of significant projects including a world-class sporting venue and various projects for the City of West Torrens in South Australia. These projects address urban green space management and water optimisation to maintain lush, inviting landscapes while adhering to strict water conservation mandates.

Australia faces pressing challenges such as water overconsumption, frequent droughts, and the resulting heightened risk of fires, all of which threaten the sustainability of agricultural practices, urban green spaces, and notable landmarks. Cisgenic’s flagship solution, CisgenX, derived from over 45 years of experience in irrigation experience across more than 1,000 projects, can help overcome some of these issues. A proven solution, CisgenX will be deployed at some of the world’s most recognisable and photographed locations including, Bay East Gardens, and the Founders Memorial at Singapore’s Gardens by the Bay, along with the Nad Al Sheba Road in the UAE.

“We see a significant market for CisgenX in Australia, where water conservation and droughts are critical concerns,” says Sam Rebera, Managing Director of Cisgenics. “To help local businesses and communities meet their sustainability goals, we are striving to earn the Smart Approved Watermark, which we believe will establish CisgenX as Australia’s leading sustainable irrigation solution. To support this goal and manage the projects we’ve secured, we are in the process of opening an office in Adelaide.”

Cisgenics designs solutions to meet the unique needs of various industries, from golf courses and landscapes to agribusiness. Their precision irrigation systems enhance turf health, create water-efficient green spaces in both urban and rural areas, and boost crop yields. CisgenX, utilises advanced IoT (Internet of Things) technology and machine learning algorithms to optimise water, fertiliser, and energy use. This state-of-the-art solution helps optimise water usage and manage plant health.

The integration of technologies in the CisgenX solution enables precision irrigation, where machine learning algorithms will work alongside weather data to predict water needs with pinpoint accuracy, significantly reducing water waste. The platform’s advanced sensors and real-time monitoring optimise resource use, saving money, conserving water, and ensuring plant health. Internal studies have shown that CisgenX can cut water consumption by up to 40%, and in some cases, by as much as 70% on traditional methods of irrigation. These significant reductions help clients meet their ESG goals while providing real-time data through IoT sensors that monitor soil moisture and other critical factors.

“Through our advanced irrigation solutions, we are not only addressing immediate concerns like water scarcity and fire risk but also contributing to a sustainable future for Australia,” added Rebera. “Our goal is to support the country’s efforts to manage its natural resources responsibly while ensuring that essential green spaces thrive.”

Cisgenics will be showcasing these products and more at the upcoming Irrigation Conference 2024 in Sydney from 2-4 September. Attendees are invited to visit Booth 88 to learn how their solutions can transform irrigation practices in Australia and beyond.

About Cisgenics

Cisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.

For more information, please contact:
Illka Gobius
Managing Director
PINPOINT PR Pte. Ltd.
Email: illka@pinpointpr.global
Phone: (AU) 0429 396 275 or (SG) +65 9769 8370

analytica Vietnam 2025 Set to Be the Biggest Yet with 85% of Exhibition Halls Sold Out

The 8th edition of analytica Vietnam 2025, scheduled to take place from April 2-4, 2025, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, will bring together leading experts, researchers, and professionals from around the world. With an impressive 85% of exhibition space booked nine months ahead and past exhibitors increasing their booth sizes compared to the 2023 edition, the upcoming event promises to be the biggest and most successful yet.

Building on the success of the 2023 edition, which featured 141 exhibitors and attracted 5,273 visitors—a remarkable 27% increase compared to the 2019 edition—analytica Vietnam 2025 is set for even greater achievements. As the leading international trade fair for laboratory technology, analysis, biotechnology, and diagnostics, the next edition will feature over 300 exhibitors and brands showcasing a diverse array of solutions, including top manufacturers, suppliers, and distributors of laboratory equipment, analytical instruments, and advanced technologies. The event is expected to draw over 6,000 visitors, reflecting the strong growth of Vietnam’s laboratory market. Industry giants who have confirmed participation include ITS Vietnam, DKSH Vietnam, Shimadzu, Anton Paar Vietnam, HTI Scientific, 2H Instrument, Oriental Giken, Metrohm, LECO, Mettler Toledo, and many more.”We participate in analytica Vietnam every year. This event provides an excellent platform for us to meet our customers. The attendees are high-quality and eager to upgrade their technologies. Our focus is on pharmaceuticals and food safety, and we’ve noticed Vietnam’s industry growing every year with more market opportunities. We’re very pleased with the show we’re looking forward to returning for analytica Vietnam 2025,” said Mr. Hoang Tho Ha, Managing Director of 2H Instrument.Vietnam’s Thriving Laboratory MarketVietnam’s laboratory market is experiencing significant growth, driven by several key factors. Rising investments in R&D across pharmaceuticals, chemicals, environmental monitoring, food, and biotechnology are propelling the need for advanced laboratory infrastructure and equipment. Furthermore, a growing focus on quality control across various industries is creating a demand for reliable and sophisticated laboratory services. Notably, the diagnostic labs market alone was valued at US$1.3 billion in 2023 and is projected to continue growing steadily with a CAGR of 6.89% through 2029. analytica Vietnam 2025 is well-positioned to be a crucial platform for showcasing the advancements Vietnam is making in this dynamic sector and fostering international collaboration.Exciting New Highlights for analytica Vietnam 2025– Startup Pavilion: A dedicated area for new companies to present their innovative solutions to a global audience. This pavilion fosters a dynamic environment where ideas meet opportunity, paving the way for groundbreaking solutions and collaborations between visionary entrepreneurs, universities, industry giants and potential investors.- Lab Design & Construction Section: A focused area featuring solutions and expertise for building modern laboratory facilities. This section addresses the growing need for high-performance and efficient laboratory infrastructure in Vietnam, with hot topics such as laboratory design and planning, laboratory construction standardization, laboratory environment and safety, laboratory operation management, and smart laboratories- Expanded International Pavilions: Country pavilions from Singapore, Germany, China, Korea, and the UK will offer attendees a look at the latest advancements from these leading laboratory technology hubs.- Innovation Zone: A dedicated area showcasing cutting-edge technologies and advanced equipment that redefine laboratory practices. It serves as a platform for industry leaders to inspire future advancements and shape the laboratory of tomorrow, integrating precision, efficiency, and sustainability into scientific research and analysis.- Lab Pavilion: This special pavilion is designed to give local laboratories, the primary buyers at this exhibition, a chance to showcase their capabilities on an international stage. It provides a valuable platform for these labs to demonstrate their workflows and engage with the latest products and systems. Additionally, it offers equipment and solution providers the opportunity to connect directly with their target buyers.Exhibition OverviewThe three-day event will offer a comprehensive program beyond the exhibition floor. A world-class conference program featuring scientific sessions and panel discussions will address key challenges and opportunities facing the industry. The Exhibitor Forum will allow exhibitors to present their latest solutions and facilitate knowledge exchange. Pre-event laboratory tours will provide valuable insights into real-world laboratory operations. Networking opportunities abound through buyer-seller programs and dedicated networking nights. Additionally, the hosted buyer program, an exclusive initiative designed by the organizer MMI Asia, will invite key buyers from Laos, Cambodia, and Vietnam to meet with exhibitors and form regional collaboration and trade opportunities. “We are delighted with the strong interest and early bookings for analytica Vietnam 2025,” said Michael Wilton, CEO & Managing Director of MMI Asia Pte Ltd, organizer of the exhibition and a subsidiary of Messe Munchen GmbH. “The significant growth in the exhibition space reflects the expanding laboratory market in Vietnam. We are committed to providing a comprehensive platform for industry professionals to explore the latest advancements, network, and collaborate, ultimately driving the progress of the laboratory industry in Vietnam and the wider Southeast Asian region.”Join us at analytica Vietnam 2025, Vietnam’s largest international trade fair for laboratory technology, analysis, biotechnology, and diagnostics, and be a part of the premier event for the laboratory industry in Vietnam. To learn more, please visit https://www.analyticavietnam.com About analytica Vietnamanalytica Vietnam is the premier trade fair for laboratory technology, analysis, and biotechnology in Southeast Asia. Organized by Messe München, the event brings together industry professionals, researchers, and policymakers to showcase the latest technologies, exchange knowledge, and foster business collaborations. analytica Vietnam features an exhibition, conference, pre-event laboratory tours, buyer-seller programs, and networking opportunities, providing a comprehensive platform for the laboratory and biotechnology industries in the region. The upcoming edition is set to take place from April 2 to 4, 2025 at the SECC – Saigon Exhibition and Convention Center. More details can be found at https://www.analyticavietnam.com/. About analytica worldwide Messe München is the world’s leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at www.analytica.de. About MMI Asia Pte LtdEstablished in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of worldleading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.com. About Messe MünchenAs one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.Exhibition Contact:MMI Asia Pte. Ltd.Daniel ShiExhibition Directordaniel@mmiasia.com.sgPress Contact:MMI Asia Pte. Ltd.Joey NgMarketing Executive joey@mmiasia.com.sg

Indonesia’s Collaboration on Treating Water Management

Water is the source of life. Its role is very essential for human life and the people’s development in a country. The development of water infrastructure is considered to play an important role in achieving this target.

The floating solar power plant (PLTS) in the Cirata Reservoir, West Java, Indonesia

In front of the heads of state present at the 10th World Water Forum (WWF) High Level Meeting (HLM) in Nusa Dua, Bali, Monday (May 20), Indonesian President Joko Widodo highlighted the achievements of his administration in building and strengthening domestic water infrastructure.

“In the last 10 years, Indonesia has strengthened its water infrastructure by building 42 dams; 1.18 million hectares of irrigation networks; and 2,156 kilometers of flood control and coastal protection; as well as rehabilitating 4.3 million hectares of irrigation networks,” the president noted in his opening speech.

The head of state then emphasized the important role of water, which is also utilized for a floating solar power plant (PLTS) in the Cirata Reservoir, West Java, as the largest floating PLTS in Southeast Asia.

He conveyed that the role of water is very central to human life as the World Bank research estimating that water shortages could slow down economic growth by up to six percent by 2050.

“Water scarcity can also trigger war and can be a source of disaster. Too much water or too little water can both be a problem for the world,” he remarked.

Hence, the 10th WWF is highly strategic to revitalize real action and joint commitment in realizing integrated water resources management.

The need to preserve local wisdom to treat water as a cultural value inherited from our ancestors is also important.

Widodo explained that the Subak irrigation system in Bali Province is a form of such local wisdom.

The water resources have important cultural value for Indonesian people, with the Subak irrigation system in Bali being practiced since the 11th century and recognized as a world cultural heritage.

Water for the community is the glory of God while highlighting the spiritual and cultural value of water that should be managed together. This is in line with the World Water Forum’s current theme of “Water for Shared Prosperity” which can be interpreted into three basic principles.

The principles are avoiding competition, prioritizing equality and inclusive cooperation, and supporting peace and shared prosperity. “All three can only be realized with one keyword, that is collaboration,” Jokowi stated.

Collaboration is actually needed to improve water quality and preserve its availability, amidst the threat of a water crisis. Not only the government, private sector, and academics, water management also needs to involve the younger generation.

The young generation could make a real contribution to maintaining the security and sustainability of water resources. The simplest ways were keeping plastic waste out of the ocean and saving water usage, said Cinta Laura, the Communications Ambassador for the 10th WWF, at the Media Center in Bali Nusa Dua Convention Center (BNDCC), Bali, on Monday, 20 May.

“Everyone’s involvement in water resources protection and conservation will bring a positive impact on the environment and of course the climate,” she said.

The youths could also help water preservation by spreading positive information about clean water conservation and disaster mitigation through various communication channels.

Water preservation and conservation from waste is a shared responsibility to ensure water sustainability for future generations.

Hence, the participation of all parties is needed to ensure water sustainability.

The 10th World Water Forum is taking place in Nusa Dua Bali from 18 to 25 May under the theme “Water for Shared Prosperity” and six sub-themes, namely Water Security and Prosperity, Water for Humans and Nature, Disaster Risk Reduction and Management, Governance, Cooperation and Hydro-diplomacy, Sustainable Water Finance, and Knowledge and Innovation.

Visit:
Official website: https://worldwaterforum.org
Instagram: https://www.instagram.com/worldwaterforum10/
Twitter|X: https://twitter.com/WWaterForum10
YouTube: https://www.youtube.com/@10thWorldWaterForum/
Facebook: https://www.facebook.com/wwf10/

Please contact:
Director General, Public Information and Communications, Ministry of Communications & Informatics (KOMINFO), Usman Kansong, t: +62 81 678 5320, e: humas@mail.kominfo.go.id
For daily WWF news and information, please visit https://infopublik.id.

Indonesia calls for global action on sustainable water management at the 10th World Water Forum

Indonesia invites heads of state attending the 10th World Water Forum in Bali to take action to actualize inclusive and sustainable water management.

“This (forum) is meant to reaffirm our commitment and formulate concrete actions related to inclusive and sustainable water management,” President Joko Widodo (Jokowi) remarked at his opening on the forum’s High-Level Meeting on Monday.

At least four initiatives were proposed by Indonesia that are expected to be put forward in the forum’s first-ever ministerial declaration on May 21. These initiatives are World Lake Day, the establishment of a Center of Excellence on Water and Climate Resilience, integrated water resources management on small islands, and fundraising for water projects.

Water plays a critical role in human life and might be referred to as “the next oil” in the future, noting that water shortages could slow down economic growth by up to six percent by 2050.

Indonesia has been striving to strengthen its water infrastructure by constructing 42 dams and developing 1.18 million hectares of irrigation networks in the last decade. The country rehabilitated irrigation networks covering an area of 4.3 million hectares and developed 2,156 kilometers of flood control and coastal protection structures.

The government also utilizes the water surface in Cirata dam for the floating power plant in West Java Province.

“However, all these efforts are not enough. We can expect even more complicated issues related to water and sanitation in the future. We need to make similar efforts at the global level by involving countries, private actors, and civil society,” Widodo stated.

Indonesia’s effort is in line with the statement of the President of the World Water Council (WWC), Loic Fauchon, who invited the world community as the water warriors to achieve water security and solve world water problems.

“Be water warriors together. I want to call for the obligation to take care of nature and provide water for each other,” Fauchon said in his speech at the opening ceremony of World Water Forum’s 10th High-Level Meeting.

There are at least six efforts that WWC promotes to tackle water issues such as promoting water supply security policies at all levels, committing to changing behavior in achieving water sobriety, prioritizing the design and implementation of nature-based solutions for basins, admitting the right to water to national constitutions, Laws and local regulations.

Participating in the “Money for Water” Coalition, and ensuring more active, decentralized governance based on multilateral cooperation on water issues is also needed to tackle water issues.

“We need you, we want new ideas to write the future of water,” Fauchon remarked.

Indonesia hosts the 10th World Water Forum themed “Water for Shared Prosperity” held on 18-25 May 2024.

The High-Level Meeting was attended by world leaders, including Tajikistan Prime Minister (PM) Qohir Rasulzoda, President of Sri Lanka Ranil Wickremesinghe, President of Fiji Ratu Wiliame Maivalili Katonivere, Deputy Prime Minister of Malaysia Dato Sri Haji Fadillah Bin Haji Yusof, and Deputy Prime Minister of Papua New Guinea John Rosso.

The other attendees comprised President of the World Water Council (WWC) Loïc Fauchon; United Nations (UN) General Assembly President Dennis Francis; former Hungarian president Janos Ader; French special envoy Barbara Pompili; and Dutch special envoy Meike van Ginneken.

Loop Industries Collaborates With On and Unveils Launch of the Cloudeasy Cyclon, a Shoe Manufactured With the Infinite Loop(TM) Fiber-To-Fiber Recycling Technology

Loop Industries, Inc. (Nasdaq:LOOP) (the Company or Loop), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber, today announced its collaboration with On, the Swiss sportswear brand, and unveiled the launch of the Cloudeasy Cyclon shoe. This innovative shoe, part of On’s Circular Cyclon™ program, is a groundbreaking achievement in sustainable footwear, featuring an upper crafted from yarn made with Loop’s 100% recycled polyester fiber using the Infinite Loop™ fiber-to-fiber recycling technology.

Photo: The Cloudeasy Cyclon shoe, featuring an upper crafted from yarn made with Loop’s 100% recycled polyester fiber using the Infinite Loop™ fiber-to-fiber recycling technology.

This collaboration combines On’s commitment to performance and sustainability with Loop’s disruptive technology to manufacture a shoe that is not only manufactured with recycled polyester fiber but can also be recycled into new shoes endlessly. This closed-loop system minimizes waste and maximizes sustainability, setting a new standard for environmentally responsible footwear manufacturing. Coloured, multi-material textile waste that was destined to be incinerated was diverted and upcycled into recycled polyester fiber and used in the upper of the Cloudeasy Cyclon shoe. The recycled polyester fiber was created from purified rDMT and rMEG monomers that were manufactured at Loop’s depolymerization facility in Terrebonne, Quebec, which were then polymerized into 100% recycled virgin quality Loop™ PET resin by Loop’s strategic partner, Ester Industries Ltd. On is the first footwear company to launch a shoe using the Infinite Loop™ fiber-to-fiber recycling technology.

The Cloudeasy Cyclon represents a new era of sustainable footwear and sets a precedent for circularity in the industry. The Infinite Loop™ technology not only reduces reliance on virgin materials produced from fossil fuels but also significantly cuts down carbon emissions by up to 79%1. Together with Loop, On is setting a new benchmark and standard for sustainable footwear, leading the way towards a circular future for the footwear and textile industry.

“We are excited to collaborate with Loop Industries as we take this significant next step in our circularity journey,” said Begüm Kürkçü, Director of Sustainability at On. “This latest expansion of the Cyclon program brings us closer to our long-term vision of becoming circular through design and business models.”

Daniel Solomita, Founder and CEO of Loop Industries, commented ” Our collaboration with On is a prime example that demonstrates the power and impact of fiber-to-fiber recycling, and showcases how polyester fiber waste can be transformed into virgin quality, recycled materials for new products. Our Infinite Loop™ technology enables brands to lower their carbon footprint without impacting quality or performance and helps pave the way for a more circular approach to manufacturing.”

The Cloudeasy Cyclon is available online through On’s subscription service Cyclon™ at www.on.com/cyclon

To view the press release issued by On, please click on the following link:

https://press.on-running.com/swiss-sportswear-brand-on-expands-its-circularity-program-with-two-new-shoe-models

About On
On was born in the Swiss Alps in 2010 with the mission to ignite the human spirit through movement – a mission that still guides the brand today. Fourteen years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel and accessories for high-performance running, outdoor, training, all-day activities and tennis. On’s award-winning CloudTec® innovation, purposeful design and groundbreaking strides within the circular economy have attracted a fast-growing global fan base – inspiring humans to explore, discover and Dream On.

On is present in more than 60 countries globally and engages with a digital community on www.on.com.

1 Life Cycle Assessment of Loop GEN II Infinite Loop France done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET. CO2 savings are compared to the production of virgin PET made from fossil fuels and the avoided incineration of waste used as a feedstock.

About Loop Industries
Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling Loop Industries Collaborates With on and Unveils Launch of the Cloudeasy Cyclon, a Shoe Manufactured With the Infinite Loop™ Fiber-To-Fiber Recycling Technologyour customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol “LOOP.”

For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

Forward-Looking Statements
This news release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “should,” “could,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or “continue” the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop’s market opportunity, its strategies, ability to improve and expand its capabilities, competition, expected activities and expenditures as Loop pursues its business plan, the adequacy of its available cash resources, regulatory compliance, plans for future growth and future operations, the size of Loop’s addressable market, market trends, and the effectiveness of Loop’s internal control over financial reporting. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) commercialization of our technology and products, (ii) our status of relationship with partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) engineering, contracting, and building our manufacturing facilities, (vii) our ability to scale, manufacture, and sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) the ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (x) our joint venture projects and our ability to recover certain expenditures in connection therewith, (xi) adverse effects on the Company’s business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xii) disease epidemics and other health-related concerns and crises, which could result in reduced access to capital markets, supply chain disruptions and scrutiny, embargoing of goods produced in affected areas, government-imposed mandatory business closures and any resulting furloughs of our employees, government employment subsidy programs, travel restrictions or the like to prevent the spread of disease, or market or other changes that could result in non-cash impairments of our intangible assets, and property, plant and equipment, (xiii) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xiv) the outcome of any SEC investigations or class action litigation filed against us, (xv) our ability to hire and/or retain qualified employees and consultants, (xvi) other events or circumstances over which we have little or no control, and (xvii) other factors discussed in Loop’s subsequent filings with the Securities and Exchange Commission (“SEC”). More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:

Investor Relations:
Kevin C. O’Dowd, Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

Media Inquiries:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com

SOURCE: Loop Industries, Inc.

Loop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop(TM) Manufacturing Facility in India

To Produce rDMT, rMEG and Specialty Polymers From Waste Polyesters with a Significantly Lower Carbon Footprint

Levers the existing Infinite Loop(TM) technology to target undersupplied US$28 billion market for DMT and MEG
High projected returns based on total capital investment of approximately US$165 million, favourable industry pricing and low operating cost environment
Construction of the facility is expected to be complete at the end of 2026 with commercial operations commencing in early 2027

Loop Industries, Inc. (NASDAQ:LOOP) (the Company or Loop), a clean technology company whose mission is to accelerate a circular plastics/fiber economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber, today concluded an agreement with Ester Industries Ltd. (Ester), one of India’s leading manufacturers of Polyester Films and Specialty Polymers, to form a 50/50 India joint venture (India JV). The purpose of the India JV is to build and operate an Infinite Loop™ India manufacturing facility which will produce a unique product offering of lower carbon footprint recycled dimethyl terephthalate (rDMT), recycled mono-ethylene glycol (rMEG) and specialty polymers in India, using the Infinite Loop™ technology which offers significant advantages over traditional mechanical PET recycling.

Photo: Arvind Singhania, Chairman and CEO of Ester Industries Ltd. and Daniel Solomita, Founder and CEO of Loop Industries at Loop’s head office in Terrebonne, Quebec, Canada.

Loop and Ester have a well-established working relationship, with Ester producing Loop™ PET for Loop’s global brand customers over the last four years. The India JV leverages the complementary skill set of each partner by combining Loop’s innovative technology and well-established global customer base with Ester’s nearly 40 years of specialized polymer production, operational proficiency, and local expertise, including sourcing of PET plastic and Polyester fiber waste feedstocks.

The DMT and MEG specialty chemicals global market size is estimated at US$28 billion and forecasted to grow at a 3.7% CAGR through 2033. The market is experiencing a global shortage of DMT due to recent plant closures in Europe, and low-carbon DMT and MEG are in high demand, but market options are limited and costly. The Infinite Loop™ India facility is expected to produce 70,000 tonnes of rDMT and 23,000 tonnes of rMEG annually and Ester will toll convert the rDMT and rMEG into various grades of specialty polymers. The planned facility in India can lower carbon emissions by up to 70% compared to virgin DMT and MEG manufactured from fossil fuels1, offering chemical companies a simple drop-in supplement and circular alternative that helps them achieve their sustainability goals.

The rDMT and rMEG product offerings manufactured at the Infinite Loop™ India facility represent a strategic product expansion in a low-cost manufacturing environment which complements Loop’s existing PET plastic and polyester fiber manufacturing business and will fuel growth by addressing the large and growing demand in the market. This expansion enables the Infinite Loop™ technology to reach new markets and cater to a broader range of customers across multiple industries including the electronics, automotive, textile, cosmetics and packaging industries.

The India facility will leverage the Infinite Loop™ technology and existing engineering package which accelerates the lead-time towards groundbreaking, slated to occur by end of this year. Feedstock sourcing for the facility, in which there is abundant supply from textile waste in India, is well advanced and the partners have engaged an external firm to source and secure the land for the facility. Construction is expected to be completed by the end of 2026, with commercial operations commencing in early 2027.

The India JV offers attractive economic returns without the need for substantial sustainability-linked premium pricing. Total capital investment is estimated approximately at US$165 million.

Arvind Singhania, Chairman and CEO of Ester Industries Ltd. commented “Ester and Loop have a long-standing working relationship with a deep alignment of values and shared commitment to circularity and driving sustainable change. This partnership reinforces our dedication to advancing sustainable solutions in the polymer industry and by leveraging Loop’s technology alongside our decades of polymer production experience, we will contribute to reducing the carbon footprint of our products, meeting the evolving needs of our customers.”

Loop’s Founder and CEO Daniel Solomita commented “Our partnership with Ester reflects a strategic alignment built on our shared values of sustainability and innovation and combines both companies’ areas of expertise. The specialty chemicals market offers a unique opportunity to expand the reach of our Infinite Loop technology beyond PET and polyester fiber and provides our customers with a sustainability linked advantage in the specialty chemicals market. Customer demand for rDMT, rMEG and specialty polymers produced using our technology is robust due to very limited viable options available in the marketplace today.

The Infinite Loop India facility represents a great opportunity for Loop to be a part of the fastest growing economy in the world and capitalizing on operating in a low-cost manufacturing environment. We see India and this partnership with Ester as a tremendous growth opportunity for future expansion.

This approach allows us to optimize returns, expand our presence in key markets, and drive sustainable growth while maximizing shareholder value.”

1 This data is for the India LCA excluding the avoided waste disposal

About Ester
Ester Industries Limited is a public limited company incorporated in 1985 promoted by the Singhania family. The company is one of India’s leading manufacturers of Polyester Films and Specialty Polymers having a track record of nearly four decades of continually developing new and innovative products for customers across the globe. Ester Industries has state of the art manufacturing facilities in Khatima in Uttarakhand and Hyderabad in Telangana with combined capacity of 67,000 TPA of Polyester Resin, 110,000 TPA of Polyester Film and 30,000 TPA of Specialty Polymers. Specialty Polymers are manufactured primarily for the US and other overseas markets. Ester has a strong focus on sustainability and circularity, which complements the Infinite Loop™ technology developed by Loop Industries for recycling various types of polyester waste into high-value added Polyester products for applications in rigid/flexible packaging, fibers/garment, industrial, automotive, and consumer electronic products.

About Loop Industries
Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol “LOOP.”

For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

For More Information:
Investor Relations:
Kevin C. O’Dowd, Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

Media Inquiries:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com

SOURCE: Loop Industries, Inc.

Indonesia Ready to Lead Water Governance Transformation at the 10th World Water Forum

– Benefits of best practices implemented by Indonesia an example for the global community
– 10th World Water Forum & Expo in Bali from 18~25 May : ‘Water For Shared Prosperity’

The Indonesian government, according to the Ministry of Public Works and Public Housing (PUPR), believes that the 10th World Water Forum in Bali will be able to generate political consensus among participating heads of state, and achieve the agreements necessary to address the global climate challenge.

The World Water Forum (WWF) is the largest gathering in water sectors involving various stakeholders, and is co-hosted by the World Water Council and a host city. Held every three years, it has been taking place since 1997, with participants from politics, multilateral institutions, academia, civil society and the private sector.

The Government of the Republic of Indonesia will host the 10th World Water Forum in Bali from 18–25 May 2024. The National Organizing Committee (NOC) is chaired by the Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan, while the Minister of Public Works and Public Housing (PUPR), Basuki Hadimuljono, will serve as Daily Chairperson.

This year’s Forum will be attended by numerous heads of state, with several former world leaders expressing their intention to be present, considering it necessary to attend. These include the former Presidents of Chile, Hungary, Slovenia, Malawi, Sri Lanka, and Costa Rica. The former Prime Ministers of Belgium, Korea, and Bhutan will also be present.

“With the Ministry of Foreign Affairs, we have been making efforts to ensure that as many world leaders are in attendance as possible,” said Endra S. Atmawidjaja, Expert Member at the Ministry of PUPR, in Jakarta. “Indonesia has achieved success in water governance with local cultural approaches. The WWF involves the various stakeholders, and therefore benefits from best practices implemented by Indonesia, an example for the global community.

“For example, the Subak system in Bali, which has been recognized by UNESCO for its irrigation governance with local wisdom, or Lake Bratan, also in Bali. The Grand Forest Park (Tahura), and the importance of mangroves in supporting water management. These are examples that world leaders and delegates can directly observe,” said Endra.

“Domestic and international media are crucial, as they contribute to the forum’s success and serve as a bridge to disseminate the importance of water management for the sustainability of life in the future. We invite the media to observe and convey the many examples of water governance that we have implemented. From Indonesia to the world,” he added.

The 10th World Water Forum: Main Themes
The 10th WWF in Bali will carry a main theme of “Water for Shared Prosperity.” This gathering of leaders will address and discuss water issues while seeking collective solutions to water governance challenges. The forum will produce a Ministerial Declaration (MD) as a main output, along with concrete deliverables (projects, initiatives, joint actions).

Indonesia will forward four proposals for the Ministerial Declaration (MD), including the establishment of a Centre of Excellence on Water and Climate Resilience (COE), mainstreaming Integrated Water Resources Management (IWRM) on Small Islands, and the designation of World Lake Day (WLD). Additionally, the MD will include a Compendium of Concrete Deliverables and Actions, an initiative for the follow-up to the 10th WWF.

The 10th WWF & Expo 2024: Bali Itinerary, May 18 ~ 25
The WWF 2024 opening will take place on Saturday, 18 May at Melasti Beach, with a “Balinese Water Purification Ceremony.” This event, to be attended by 1,500 people, includes Rahina Tumpek Uye (Balinese Hindu ceremony expressing gratitude to animals in human life) and Segara Kerthi (Balinese Hindu ceremony seeking blessings from the sea gods) ceremonies.

The Garuda Wisnu Kencana (GWK) Cultural Park will host the Welcoming Gala Dinner on Sunday, 19 May. The event will be attended by 2,500 people and will consist of 500 VVIP and VIP invitations. 2,000 people have been invited to attend the second location at GWK Lotus Pond.

The Opening Ceremony and High-Level Meeting commence on Monday, 20 May at the Bali International Convention Center (BICC), Nusa Dua. This will be followed immediately by meetings between responsible parties for the political, thematic, and regional processes, as well as bilateral meetings with several heads of state. 5,500 participants will attend.

The WWF Fair & Expo 2014 opening will be held at Nusa Dua Hall BNDCC on the same day, Monday, 20 May. The Fair & Expo venues will be spread across BNDCC, BICC, and Kuta Beach.

The sessions for political, thematic, and regional processes will be held from 20 – 25 May. Meanwhile, the High-Level Meetings and Ministerial Meetings will take place from 20 May to 21 May.

The Cultural Night (Farewell) will be held at Taman Bhagawan on Friday, 24 May. This event will be attended by 3,000 participants who will be welcomed and presented with Indonesian traditional food, regional dances, and culture.

Lastly, the Closing Ceremony will commence on Saturday, 25 May, at Mangupura Hall. After this event, participants will be taken on field trips, including the Water Museum in Tabanan, the UNESCO World Heritage Site of Jatiluwih, Lake Batur in Kintamani, and the Cultural Village in Ubud.

Written by TR/Elvira Inda Sari/WW, ANTARA: https://en.antaranews.com.

Visit:
Worldwaterforum10: https://worldwaterforum.org
WWF on Instagram : https://www.instagram.com/worldwaterforum10/
WWF on Twitter|X : https://twitter.com/WWaterForum10
WWF on YouTube : https://www.youtube.com/@10thWorldWaterForum/
WWF on Facebook : https://www.facebook.com/wwf10/

Please contact:
Director General, Public Information and Communications, Ministry of Communications & Informatics (KOMINFO), Usman Kansong, t: +62 81 678 5320, e: humas@mail.kominfo.go.id
For daily WWF news and information, please visit https://infopublik.id.
For Media registration, https://media.worldwaterforum.org/registration/login.

Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024

This packaging innovation will be showcased at Pharmapack Europe 2024 (January 24th-25th, 2024, Paris Expo, Porte de Versailles – booth B78-B79, Hall 7.2)

Loop Industries, Inc. (NASDAQ:LOOP) (the Company or Loop), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber and Bormioli Pharma, an international leader in pharmaceutical packaging and medical devices, today announced that an innovative pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop™ PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024.

Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal. Bormioli Pharma tested Loop™ PET resin in its packaging, commissioning to independent third parties’ additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario. The results of these tests set a new benchmark for recycled plastic products within the pharmaceutical industry, as the bottles produced with Loop™ PET resin do not release any substance deemed of toxicological relevance1.

Bormioli Pharma’s EcoPositive offering, gathering low-impact packaging solutions, currently constitutes 50% of their standard catalogue, contributing to position itself among the players with the broadest sustainable offerings on the international market.

In addition to the independent third-party testing commissioned by Bormioli Pharma, LoopTM PET resin was also tested by a worldwide leader in laboratory testing services and on December 13th, 2023 Loop announced that test results confirmed its Loop™ PET resin meets the strict requirements and standards outlined by the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for Parenteral Uses) and the United States Pharmacopeia (USP <661.1>, Plastic Materials of Construction) and is compliant for use in packaging applications in the pharmaceutical industry.

“Through this collaboration with Loop we’re strengthening our role as a solid, quality and reliable partner for the pharmaceutical industry” stated Andrea Lodetti, CEO of Bormioli Pharma. “Loop Industries shares our values and commitment, and together we made available a new pharma-grade sustainable solution, showing even greater safety standards than traditional ones.”

Daniel Solomita, Founder and CEO of Loop Industries, commented “Through our collaboration with Bormioli Pharma, we have developed an innovative pharmaceutical packaging solution manufactured from 100% recycled virgin quality LoopTM PET resin. This high-quality packaging alternative raises the bar for responsible solutions and helps set a new standard for sustainable packaging in the pharmaceutical industry.”

1 Results from an extractables study conducted by an independent, external lab and performed on bottles manufactured with Loop™ PET resin using different simulating solutions.

About Bormioli Pharma
Bormioli Pharma works closely with the pharmaceutical industry and all companies that are working towards the future of healthcare globally. As a world-renowned player in the packaging industry, the company serves the pharmaceutical and biopharmaceutical markets with complete solutions, including glass and plastic bottles, plastic and aluminum closures and accessories. Bormioli Pharma’s wide product ranges are designed and manufactured with a focus on innovation and addressing the ever-growing sustainability issues. Moreover, each product is specifically conceived for the destination market thanks to an accurate portfolio segmentation. Bormioli Pharma has a global presence in over 100 countries, with more than 1,400 employees and 9 plants across Europe specialized in the production of glass and plastic packaging. Each year, the company produces more than 7 billion pieces and in 2022 reported annual sales of approximately 315 million euros. As a partner to the pharmaceutical industry, Bormioli Pharma invests and innovates with one goal in mind: making health a positive practice, available to everyone, kind to the planet.

About Loop Industries
Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

For further information:
For Bormioli Pharma, Hill and Knowlton:
Daniele Rurale
+39 346 5011546
daniele.rurale@hillandknowlton.com

Ilaria Carfì
+39 324 0114825
ilaria.carfi@hillandknowlton.com

For Loop Industries:
INVESTOR RELATIONS:
Kevin C. O’Dowd, Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

MEDIA INQUIRIES:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com