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Aliplast boosts recycled PET: PET recycling site acquired from Gurit Italia

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BOLOGNA, Italy, April 1, 2025 /PRNewswire/ — The Hera Group subsidiary, a European leader in plastic regenerating, has integrated Gurit Italia’s Carmignano di Brenta plant dedicated to PET recycling, an investment that looks towards the growth of an increasingly important market

 

 

Incremental production capacity of 15,000 tonnes

Aliplast, among Europe’s leaders in plastic regeneration, grows again in recycled PET. Controlled by Herambiente, part of the Hera Group, this company has now acquired the Gurit Italia business unit dedicated to PET recycling, operating in the Carmignano di Brenta (Padua) plant, with an incremental production capacity of roughly 15,000 tonnes of recycled PET per year.

An evolving regulatory framework will expand demand for recycled PET

This acquisition is part of Aliplast’s broader strategy aimed at responding to the growing demand for recycled PET, which is also a consequence of the evolution of the European and Italian regulatory framework.

In particular, legislative decree 196/21, which applies in Italy the so-called Directive 2019/904 SUP (Single Use Plastics), includes among its various requirements as of 1 January the obligation for plastic containers of liquid foodstuffs to contain at least 25% of recycled raw material. An increased use of recycled plastics is also required by the new European PPWR packaging regulation.

The production and logistics platform integrated in Aliplast

The Carmignano di Brenta plant processes incoming post-consumer PET coming from the recovery chains of the Corepla and Coripet consortia. Thanks to this investment, Aliplast will integrate a new PET grinding, washing and extrusion line, suitable both for food contact (e.g. bottles or food trays) and for use in fibres destined for consumer products such as clothing or automobile accessories.

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In addition to increasing production capacity, this acquisition will also optimise Aliplast’s logistics chain, which will be able to integrate Gurit’s large storage yards into its flow of goods.

Petrone, Aliplast CEO: “continuing along a path of qualitative and quantitative growth”

“This acquisition is, first and foremost, in line with our Business plan, which includes the regeneration of resources as one of its qualifying points,” explains Michele Petrone, Aliplast CEO. “It also continues along a path of growth characterised not only by an expansion of production capacity, but also by an increasing focus on quality and traceability, to guarantee customers the highest standards in terms of supply chain transparency and product safety. This is a vision that looks towards the long term and which in 2024 rewarded us with an expansion of our customer base by more than 9% compared to the previous year.”

CONTACT: Rita D’Andrea, rita.dandrea@gruppohera.it, +393201415025

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Aliplast, a subsidiary of the Hera Group, is a European leader in plastics regeneration for the production of recycled polymers, rLDPE films, rPET sheets, and rigid plastics in HDPE and PP. It is specialized in the closed-loop, a vertical recycling process for industrial plastics waste that includes collection, cleaning, shredding, and transformation into new materials. These can be used to produce sheets, films, or granules for various sectors such as food, cosmetics, automotive, and furniture.

 

 

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T. Rowe Price Renews Transfer Agent Relationship with SS&C

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WINDSOR, Conn., April 9, 2025 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that T. Rowe Price, a global investment management firm, has extended its transfer agency agreement with SS&C Global Investor and Distribution Solutions (GIDS) for its U.K. fund range. SS&C will provide transfer agency services for T. Rowe’s open-ended investment company (OEIC) funds, which currently manage approximately £1.5 billion in assets.

“SS&C’s distribution solutions have been integral in helping us deliver best-in-class technology and servicing in the U.K.,” said Denise Thomas, Chief Operating Officer, EMEA for T. Rowe Price. “The team’s knowledge and expertise in the market, along with the simplicity and stability of the platform’s trading and settlement functionality, make SS&C stand out from the competition.”

SS&C administers 21 of T. Rowe’s active funds, with the register focused primarily on distributors and nominees. Services include straight-through processing of trades and settlement support, as well as comprehensive reporting via SS&C’s secure distributor portal.

“We are excited to continue our partnership with T. Rowe Price,” said Damien Barry, head of SS&C GIDS, EMEA. “We are dedicated to providing cutting-edge technology and expertise to support our partners’ growth in the U.K. and globally. We look forward to working closely with T. Rowe Price on solutions to evolving market needs.”

About T. Rowe Price

Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages US $1.61 trillion in assets under management as of December 31, 2024. About two-thirds of the assets under management are retirement-related.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

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The VIP Advantage: Bybit Partners with SoSoValue to Issue VIP-Exclusive Daily Industry Report

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DUBAI, UAE, April 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a timely new VIP benefit to help traders navigate macro market headwinds. Starting now, Bybit VIPs will access an insight-driven advantage: a tailor-made daily industry report released daily by Bybit and SoSoValue, the industry-leading investment research powerhouse trusted for its advanced AI.

SoSoValue is an AI-powered cryptocurrency research and investment platform that provides real-time market analytics, portfolio management tools, and automated investment strategies for users. Delivered exclusively to Bybit VIPs, the Bybit Industry Report is the first joint report of its kind for SoSoValue and Bybit, combining market insights and Bybit-exclusive news, and offering readers the edge they need to implement and adjust investment strategies.

The six-part report covers technical and community aspects to capture the nuances and macroeconomic climate beyond the crypto space:

  • Crypto Breaking News: Must-read crypto news for traders
  • Daily Selection: Trending tokens and price movements
  • Bybit New Listing: New listings on Bybit
  • Today’s News: From trade war to rate cuts—headlines that move markets
  • Price Technical Analysis: A deep dive into price mechanisms
  • Community Sentiments: Feeling the pulse of investors, communities, and traders

“This partnership sets a new benchmark for the industry. By combining SoSoValue’s AI-powered intelligence with our Spot’s latest product Lens, a 24/7 always-on trading concierge, we are delivering the first-ever, full-suite on-chain data service—live and exclusively for our VIPs. It is not just a collaboration; it is a defining moment for how serious players access on-chain intelligence,” said Emily Bao, Head of Spot and Web3 at Bybit.

The daily report equips traders with data-driven foresight and trendspotting superpower, helping them sail through the rapids of the crypto space with confidence: Bybit x SoSoValue Daily Report: Your key to analyzing market trends

At Bybit, the VIP advantage doesn’t end here. Curated to a comprehensive suite of services and top-of-the-range VIP experience, the program offers access to generous rewards programs, early bird perks, bespoke customer support, and exclusive events.

The Bybit VIP badge entitles traders unparalleled benefits, from higher trading limits to zero fees and rebates that help traders save long-term. Users may find out more from the program: Bybit VIP | Crypto Meets Elite.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Central New Energy Holding Group (01735.HK) Makes Grand Appearance at MEE2025

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DUBAI, UAE, April 9, 2025 /PRNewswire/ — On April 7, MEE2025 grandly opened at the Dubai World Trade Center in the United Arab Emirates. CHG EnSOL Renewable Technology Co., Ltd., a subsidiary of Central New Energy Holding Group (01735.HK), made its appearance at booth H6.F23, joining global industry elites to discuss the future of green energy.

The company showcased a variety of products and green solutions that captured the attention of guests. Central New Energy Holding Group’s “Gemini” series N-type TOPCon cells and CHGMN series ultra-high efficiency TOPCon photovoltaic modules boast ultra-high conversion efficiency and excellent adaptability to extreme environments, making them suitable for the climate in the Middle East with abundant sunshine, high temperatures, little rain, and large temperature differences between day and night. The company’s comprehensive green solution integrating source, grid, load, and storage will also effectively assist traditional high-energy-consuming enterprises in the Middle East to accelerate their energy transition.

In 2023, Yu Zhuyun, Chairman of Central New Energy Holding Group, was invited to participate in COP28 held in Dubai. As a representative of Chinese entrepreneurs, he solemnly stated, “In the next five years, Central New Energy Holding Group plans to build 100 zero-carbon industrial parks with global partners, achieving the goal of reducing global carbon emissions by 800 million tons annually.”

In the face of the global energy revolution, the company has proactively joined overseas market competition, actively researching and developing various green environmental protection technology routes such as BC cells, perovskite/crystalline silicon tandem cells, and green fuels like Hydrogen-Ammonia-Alcohol-Oil blend. Its products are sold overseas, and it has already started cooperation with customers in Europe, Southeast Asia, and other regions.

In the future, the company will be based in countries along the “Belt and Road” such as the United Arab Emirates and Saudi Arabia, while simultaneously radiating its layout to regions like Asia-Pacific, Europe, and the Americas to vigorously expand its international business. It will contribute the strength of Chinese enterprises to building the “Green Silk Road,” promoting the transformation of the Middle East from a “petroleum economy” to a “green economy”, and creating a new blueprint for global energy.

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