Lego A-S
While the company delivered double-digit growth on the top- and bottom-line and significantly outpaced the toy industry, gaining market share, at the same time it continued to advance its initiatives to transition to a more sustainable future.
Lego said it plans to "significantly increase" its use of mass balance materials in 2024 and beyond, without disclosing by how much.
Preben Elnef will be permanent program lead to oversee the construction and development of the $1 billion Lego A/S plant near Richmond, Va.
The Hawaiian Islands have a bottle deposit system, but any PET bottles collected through it typically are shipped to the mainland U.S. or Asia for recycling. At least until now.
Lego's manufacturing facility in Monterrey, Mexico, is already its largest production site. It is investing $205 million in an expansion and will hire another 900 workers.
Detroit City Council members think it's time for the state of Michigan to get rid of a law that preempts communities from enacting stricter rules on single-use plastics.
Thousands of companies from across the U.S. along with several international locations will participate in Manufacturing Day 2023 on Oct. 6.
Lego is now backtracking on plans for its use of recycled PET because using the material would have required significant changes to its manufacturing equipment and led to higher carbon emissions over the product's lifetime.
The next round of plastics treaty talks begin Monday in Paris, and Plastics News will be there.
Lego officially kicks off construction of its $1 billion U.S. plant; Eyebobs targets reading glasses for the "idiosyncratic"; Warby Parker, Roshambo take on recycling for glasses.
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