Business
Emirates To Launch onboard Utensils Made From Plastics Waste
By Ocheneyi Alli
Emirates Airline says that it will this month, launch onboard items such as plastic trays, bowls, snack and casserole dishes irecycled from Plastics waste nto fresh, ready-to-use Emirates meal service products.
In a statement to mark this year’s edition of the United Nations World Environment Day with theme, #BeatPlasticPollution, Emirates said that it will introduce the new recycled utensils onboard from June 2023.
The airline recently entered into partnership with deSter FZE UAE, to recycling millions of the onboard used items.
Emirates says that the project is in line with its commitment to consuming responsibly, adding that the new initiative is a transition to the principles of a circular economy, whereby items are reduced, reused, and recycled.
” Millions of old and damaged meal service items from Economy and Premium Economy Class dining will be collected after flights, washed and checked for damage, transported to a facility in Dubai to be ground down, reprocessed, and manufactured into new dishes, bowls and trays – before being sent to Emirates Flight Catering to be used again for thousands of meals in the sky,” said the Airline.
Commenting on the partnership with deSter FZE UAE, Emirates explains that deSter is a leading provider of service ware concepts to the aviation industry, and expert in closed loop manufacturing.
” Emirates will be reusing plastic materials that have already reached their end of life and would otherwise need to be written off.
The new trays, casseroles, snack dishes and bowls, potentially containing around 25% reused material (recyclate), will be brought back into service on aircraft across the globe, and the proportion will continue to increase over time.
” The team at deSter are members of the CE100 network, which includes some of the world’s leading circular economy companies and have also been awarded the ‘Gold’ Sustainability rating from Ecovadis – a globally recognized certification for sustainable practices.
Emirates elected to work with deSter once a facility in UAE was ready to facilitate the huge scale of Emirates’ requirement – substantially reducing the carbon footprint of sending the products to another country to be recycled.
The deSter factory also incorporates sustainable design principles focusing on solar power, efficient use of water and minimization of waste,” it said.
Emirates’ commitment to reducing plastic waste
Emirates Airline is committed to reducing plastic waste and has already implemented several initiatives in addition to the new closed loop recycling project.
Emirates has diverted over 150 million single-use plastic items from landfill each year by replacing plastic straws, inflight retail bags, and stirrers with responsibly sourced paper and wooden alternatives.
Blankets Recycled From Plastic Bottles
Economy and Premium Economy Class passengers can get comfortable with soft blankets onboard, where each blanket is manufactured from 28 recycled plastic bottles.
Over the course of one year, this initiative saves 88 million plastic bottles from landfill.
Emirates’ current range of inflight toy bags, baby amenity kits and plush toys are made from recycled plastic bottles, and over 8 million plastic bottles were repurposed during 12 months of amenity kit production.
The hygiene covers for bowls on Emirates meal trays and plastic tumblers are made from 80% recycled plastic (rPET).
Emirates Economy and Premium Economy amenity kits are made from alternative materials such as kraft paper, rice paper and recycled plastic, reducing the consumption of virgin plastic.
Emirates Cabin Crew segregate glass and plastic bottles for recycling in Dubai, diverting about 500,000 kilograms of plastic and glass from landfill in 2022.”
Business
Oil price jumps to $106, stocks drop on uncertainty over US-Iran talks
Crude prices rallied more than three percent on Thursday, with Brent crude above $106 per barrel and WTI around $93.
Oil prices jumped and equities slid Thursday as hopes for a peace deal between the US and Iran wavered after Tehran rejected Washington’s bid to wind down the nearly four-week war.
Markets had been buoyed this week by US President Donald Trump’s announcement that strikes targeting Iran’s energy infrastructure would be postponed, adding that the two sides were in peace talks.
But uncertainty over the talks and the virtual closure of the Strait of Hormuz — through which around 20 percent of oil and liquefied natural gas passes — have cast a shadow over market sentiment.
“The market rollercoaster continues,” said Joshua Mahony, chief market analyst at Scope Markets.
Crude prices rallied more than three percent on Thursday, with Brent crude above $106 per barrel and WTI around $93.
( VANGUARD)
Business
Niger Delta Chamber Investment Summit Targets $5bn, 500,000 Jobs
Photo: Ambassador Idaere Gogo Ogan
The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled plans to attract up to five billion dollars structured investments to the oil-producing region in five years.
The Chairman of NDCCITMA, Ambassador Idaere Gogo Ogan, made the disclosure at a pre-summit conference ahead of the Niger Delta Economic and Investment Summit in Port Harcourt, Rivers State.
He said that the initiative would catalyse no fewer than 500,000 direct and indirect jobs as well as spur investments and create wealth.
He said the summit with the theme, “Driving Investment, Innovation, and Industrial Growth in the Niger Delta”, slated for Port Harcourt, would deliberate on investment mobilisation, enterprise growth, industrial expansion, and regional coordination.
Business
Dangote: Middle East crisis might take us back to ‘Work from home’ COVID era
In some countries today, what they’ve done is ask everybody to work from home because they cannot afford it.“I think in Indonesia, they only go to work four days a week.
The President of the Dangote Group, Aliko Dangote, has expressed concerns about the ongoing Middle East crisis taking many countries back to the COVID19 era’s work from home.
Dangote stated this on Monday, after a meeting with President Bola Ahmed Tinubu at his residence in Lagos.
While expressing concern about the economic impact of oil price uncertainty, Africa’s Richest man noted that Nigeria and other African countries might be forced to start working from home, just like the COVID19 era.
Dangote called for prayers and international intervention to end the conflict which has affected the price of fuel and other energy sources in the country.
He said, “In some countries today, what they’ve done is ask everybody to work from home because they cannot afford it.“I think in Indonesia, they only go to work four days a week. And they will look at the situation. If it doesn’t improve, they will ask everybody not to go to work anymore. We will do like that time of COVID, where people will now go and work from home,” Dangote said.
It’s not only energy. Some people will try to take a chance and say, ‘Ah, this is an opportunity. So, let me make money. So, if this thing doesn’t de-escalate, it is going to keep going up and governments cannot really now go and add salaries also. So, people will really feel the pinch,” he said.
Dangote explained that the crisis would hit hardest at ordinary Africans operating small businesses, “People who are barbers, people who are doing bread, people who have industries who have to pay their own generator, I mean, you can see what is happening,” he said.
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