The Plant occupies around 5,000 square metres within the Mantua site.
The fund is to help combat plastic pollution in Latin America and the Caribbean.
PROMOFER Project, coordinated by AIMPLAS, aims to turn agri-food and lignocellulosic residues into bioplastics and sustainable polyurethane materials.
The pair will supply Borvida B-propylene that is made from ISCC PLUS-certified non-food waste biomass.
The company hosted two events to celebrate the milestone.
The British Plastics Federation (BPF) has published the fourth edition of Energy Management in Plastics Processing written by Dr Robin Kent.
The move forms part of the Plastic Push initiative, which will see £1 billion in investment by 2030.
The solution is set to be used for the chemical recycling of contaminated polystyrene materials.
The company is also looking to add two more units at the site in due course.
Amcor has announced its collaboration with Mediacor to launch a new 2-liter spouted stand-up pouch for liquid products.
Polykemi, Rondo Plast, and Scanfill had their ISCC PLUS certifications for recycled mass-balanced plastic raw materials confirmed.
Axil announces a new partnership with Bostik to focus on recycling, reuse, and re-engineering waste streams for more sustainable outcomes.