{"id":73813,"date":"2022-09-06T02:00:35","date_gmt":"2022-09-06T02:00:35","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/09\/06\/enter-plastic-stonks\/"},"modified":"2022-09-06T02:00:35","modified_gmt":"2022-09-06T02:00:35","slug":"enter-plastic-stonks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/09\/06\/enter-plastic-stonks\/","title":{"rendered":"Enter plastic stonks"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Rebound launches online trading platform for recycled plastics:<\/strong> Rebound, a subsidiary of Abu Dhabi-based <a href=\"https:\/\/ihcuae.com\/about\/index.html#Who\">International Holding Company (IHC)<\/a>, launched a global B2B digital trading platform for recycled plastics, according to <a href=\"http:\/\/wam.ae\/en\/details\/1395303080605\">a report<\/a> in UAE state-owned news agency WAM.<\/p>\n<p><strong>The <\/strong><strong>Rebound Plastic Exchange (RPX) aims to capture some AED 56 bn (USD 15 bn) in global trade, <\/strong>according to a January <a href=\"https:\/\/www.prnewswire.com\/news-releases\/rebound-plastic-exchange-to-facilitate-global-trade-of-recycled-plastic-reducing-plastic-pollution-301462790.html\">statement<\/a> from the IHC announcing the platform.<\/p>\n<p><strong>Don\u2019t get your hopes up for plastics futures contracts just yet:<\/strong> RPX is, for the moment, a standard commodities trading platform with plastics being traded as bales, flakes and pellets, according to <a href=\"https:\/\/www.reboundplasticexchange.com\/trading-plastic\">RPX\u2019s website<\/a>.<\/p>\n<p><strong>Allowing for cross-border<\/strong><strong> trading in recycled plastics:<\/strong> Products listed on RPX will have specification sheets developed by industry experts to make it easier to sell internationally, WAM notes. These spec sheets are endorsed by plastics recycling NGO <a href=\"https:\/\/www.recoup.org\/\">Recoup<\/a> and will help develop \u201ca universal standard for plastics to be traded on an international scale,\u201d Recoup CEO Stuart Foster is quoted as saying.<\/p>\n<p><strong>You can register to access RPX\u2019s trading platform <\/strong><strong><a href=\"https:\/\/rpx.reboundplasticexchange.com\/\">here<\/a><\/strong><strong>.<\/strong><\/p>\n<p><strong>This won\u2019t be the only<\/strong><strong> recyclable solid waste online trading platform to hit the region:<\/strong> Oman\u2019s state-owned solid waste management firm Be\u2019ah is developing a waste trading platform, <a href=\"https:\/\/enterprise.news\/egypt\/ar\/news\/story\/01cc4f37-d916-4852-aaf6-63731dd485b3\">we noted yesterday<\/a>. The platform will see an online auction and allow for trading in recyclable solid waste. Be\u2019ah\u2019s hasn\u2019t yet set a launch date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rebound launches online trading platform for recycled plastics: Rebound, a subsidiary of Abu Dhabi-based International Holding Company (IHC), launched a global B2B digital trading platform for recycled plastics, according to a report in UAE state-owned news agency WAM. The Rebound Plastic Exchange (RPX) aims to capture some AED 56 bn (USD 15 bn) in global [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":73814,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[306],"tags":[11,382,754,756,305,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-73813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recycling","tag-enterpriseclimate","tag-international-holding-company","tag-rebound-plastic-exchange","tag-recoup","tag-recycling","tag-uae","wpautop","entry"],"acf":{"mongo_id":"d5a0b421-b4a7-49ee-8fcc-9ee14d957d1d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/959.jpg","photo_position":"above","related_issue":[73806],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enter plastic stonks - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/06\/enter-plastic-stonks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enter plastic stonks\" \/>\n<meta property=\"og:description\" content=\"Rebound launches online trading platform for recycled plastics: Rebound, a subsidiary of Abu Dhabi-based International Holding Company (IHC), launched a global B2B digital trading platform for recycled plastics, according to a report in UAE state-owned news agency WAM. 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