Extrusion International 3-2022

18 Extrusion International 3/2022 INDUSTRY NEWS  BASF Venture Capital GmbH (BVC), the corporate venture company of BASF Group, announced a strategic investment in Oceanworks, a sustain- able plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. Oceanworks is based in the U.S. and offers a powerful platform for brands looking to reliably secure high-quality sources of ocean, ocean- bound, and averted PCR plastic (Post- consumer recycled products aremade from recycled plastic and discarded materials.). For BVC this investment underlines BASF’s commitment to developing sustainable solutions to raise the transformation towards a circular economy to a new level. Plastics are an integral part of everyday life. But toomuchplastic toooftenends up in the sea after its intended use. The responsible handling of plastic waste is therefore critical. One aspect of this is recycling: more and more companies aim for higher recycled content rates in their products and need new trusted sources of recycled plastics. Oceanworks, with its global market- place for recycled plastic materials and products offers a sophisticated solution. The young company makes it easy for buyers to source recycled plastics likely to add to the 11 million tons of plastic flowing into the ocean each year. Digitized blockchain-based traceability, material quality assurance, global logistics and marketing support are part of Oceanworks’ offer for its customers and their partners. BASF Venture Capital’s investment comes as a part of Oceanworks Series Seed fnancing, enabling the com - pany to accelerate the development of its sourcing engine and track-and- trace verifcation for recycled ocean plastic. The parties have agreed not to disclose the fnancial details of the investment. BASF Venture Capital GmbH www.basf-vc.com Oceanworks Inc. oceanworks.com Sustainable Plastic Sourcing Platform  Environmental protection and sustainability are on every- one's lips. What can the solutions of the future look like? Brückner Maschinenbau wants to provide answers and food for thought. That is why the new series “Sustainability TV” was recently launched. In this format, interesting topics from the areas of circular economy, future flms and packaging solutions or co-opera - tions along the value chain are broadcast. For this purpose, industry experts will be guest in Brückner’s TV studio. The frst episode was broadcast on March 24 with Hery Hen - ry, Group Head of Brand & Sustainability at WIPAK, as a spe- cial guest. In conversation with Helmut Huber, COO Sales & Project Management and Karl Zimmermann, Director Sales and Marketing, both Brückner Maschinenbau, everything around the topic mono vs. multi-material was discussed. The recording of the frst episode and further information about Brückner Sustainability TV: www.brueckner-maschinenbau.com/en/ Sustainability/Sustainability-TV NewTV Format  Warning or camouflage? Pigments can send signals, but also protect against sunlight or other dangers. The small, color-giving particles are hardly soluble in water or other application media: pigments are mainly added to paints and coatings, plastics and con- struction materials. In contrast, dyes, being soluble, are used mainly to color liquids. Ceresana has analyzed the world market for pigments for the sev- enth time. Worldwide demand for pig- ments is predicted to rise to about 13.4 million tonnes per year in 2030. The re- searchers expect the highest growth in the regions Asia Pacifc and Africa. Industrial analysis of Pigment Manu- facturers: Chapter 1 offers a pre- sentation and analysis of the global pigment market, including forecasts until 2030: For each world region, the development of revenues, demand and production are given. The respective regional demands are listed separately for the different pig- ment types. The market data concerning the de- mand volume of each country are split up according to the different pigment types as well as the application areas. Chapter 3 offers useful company pro- fles of the most important pigment manufacturers, structured according to contact data, revenues, profts, product palette, production sites, and a brief company profle. Ceresana www.ceresana.com Market Study: Pigments