UPM Raflatac is the first company in the world to invest in Ocean Bound Plastic (OBP) as a label raw material for its new Ocean Action labels. The use of Ocean Bound Plastic for the Ocean Action labels is based on a mass balance approach. Ocean Bound Plastic is plastic waste from areas up to 50 km inland from waterways and thus defined by the OBPCert certification programme as "potential waste that may enter the sea". This new innovative label material is made possible through close collaboration with several partners along the product's value chain.

The 8th of June is dedicated to the oceans worldwide. The United Nations has proclaimed the day the annual World Ocean Day to draw attention to the acute threats to this unique habitat and its inhabitants. Climate change, pollution and overfishing threaten the oceans, which - as a source of food, oxygen producer and climate stabiliser - are of the greatest ecological importance for life on earth.

From 1 to 2 September, an international ministerial conference was held to prepare a global agreement against marine litter and the pollution of the environment with plastic waste. The German Chemical Industry Association (VCI) and PlasticsEurope Deutschland (PED), the association of plastics producers, support the global effort.

SABIC, a global leader in the chemical industry, has announced the launch of a new recycled material made from ocean bound plastic which has been recovered from ocean-feeding waterways and inland areas within a 50 kilometer radius of the ocean. The ocean bound material is mechanically recycled and converted into components for new consumer goods and electronics applications, such as TV remote controls and electronic razors. It has the potential to also be used in other industries in the future, such as automotive.

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