Finland has developed a systemic plastic processing industry made up of players in multiple sectors, from recycling to process
HELSINKI, Finland, November 18, 2022/APO Group/ —
Finland is set to be one of the first countries to develop a fully circular plastics economy by 2030. Led by the country’s 2022 Plastic Reduction Roadmap (http://bit.ly/3tYDNXL), its ecosystem of plastic processing companies is set to revolutionise the global plastic waste problem through innovative R&D and technologies. The potential of these Finnish solutions to help address sub-Saharan climate issues was discussed at the panel discussion, Circular Economy Investments & Business in Nigeria, on November 16, 2022.
Only 16% of plastics globally are recycled (http://bit.ly/3GvF3c6) making a fully circular plastics economy an urgent need. Plastics are estimated to make up one-fifth of all oil consumption by 2050 (https://bit.ly/3GvF3c6) and black carbon, a by-product of burning plastic waste, has a global warming potential up to 5,000 times that of carbon dioxide (http://bit.ly/3V6eBd9).
To reverse the scale of the plastic problem, Finland has developed a systemic plastic processing industry made up of players in multiple sectors, from recycling to process. Its innovative businesses are now offering international governments and businesses the solutions needed to support the global need to reduce plastic pollution on a vast scale.
There is as much as 199 million tonnes of plastic in the world’s oceans (http://bit.ly/3hRVB3Z). The amount of plastic waste in the Caribbean Sea has also been shown to increase the intensity of hurricanes (http://bit.ly/3geLK7F). Two Finnish companies are helping international governments to clean global waters of plastic pollution. Working in South East Asia and Africa, RiverRecycle provides governments with the entire plastic removal value chain. It gathers plastic waste from rivers, recycling high value plastics or converting low quality items (http://bit.ly/3ULqpSz) into mechanically recycled products or alternative energy forms through pyrolysis. The profits from which are then shared with the system to keep the circular process running. The aim is to establish 500 collection overall points.
The scale of plastic waste around the world is a pressing global challenge with ramifications for our environment and humanity
In addition, Block Solutions has developed circularly made building blocks (www.Block-Solutions.com) composed of between 50 and 100% recycled marine plastic to bring affordable, durable and sustainable housing in Rwanda, Uganda and Morocco so far.
As well as plastic clean up, Finland has developed a technology to recycle waste into virgin grade plastic, making the lifecycle of the product circular and infinite. Olefy Technologies, a by-product of Finland’s leading research institution, VTT, have developed a scalable technology to affordably extract over 70% of usable virgin grade plastics (http://bit.ly/3XehrhZ) and raw chemical materials components from plastic waste in a single step – including low-quality single use plastic waste – set to make up nearly one-fifth of the global carbon budget (https://bit.ly/3hRVB3Z) by 2040.
“The scale of plastic waste around the world is a pressing global challenge with ramifications for our environment and humanity. Something must be done to reverse the tide of plastic pollution. Finland’s strong history developing sustainable solutions and world-class expertise have led to innovations and advanced technologies paving the way for a circular plastics economy. We are calling on businesses and governments around the world to work with Finnish business to protect our planet and our futures,” says Outi Suomi, Head of Bio and Circular Finland, Business Finland.
With 400 million tonnes of plastic waste produced every year (https://bit.ly/3hRVB3Z), waste mismanagement is also a crucial part of the problem. In that sector, Griffin Refineries is supporting the United Arab Emirates on its mission to lower carbon emission by 25% by 2030. The brand converts waste collected from its holistic waste management solution into refused derived fuel (RDF) (http://bit.ly/3hV2Bgt) that is used to power Emirates cement plants, saving up to 30% in fuel costs (http://bit.ly/3hRP8pI). This process prevents 80% of the treated waste from entering landfills (https://bit.ly/3hRP8pI).
Similarly, Kuusakoski Oy’s plastic management solutions restore value to some of the most challenging forms of plastic waste, like electronic equipment. Last year alone the company prevented 1.49 million tonnes of CO2 emissions (http://bit.ly/3tHi2v8) – equivalent to the annual emissions of over half a million cars.
Finland’s strong R&D sector has put extensive resources and skills towards developing robust solutions that can help transform the issue of plastic pollution. Such technology is available to local and national governments and organisations in all areas of the globe – even the Arctic. Find out more about the Finnish Plastic Processing technology ecosystem to make your country’s plastic waste processing model circular and sustainable at: www.BusinessFinland.com.
Distributed by APO Group on behalf of Business Finland.
Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas
HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.
The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.
Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.
As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.
The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.
Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.
To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.
Supporting Venezuela’s Earthquake Recovery Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.
To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).
Distributed by APO Group on behalf of Energy Capital & Power.
The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility
JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.
The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.
This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development
The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.
Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.
The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.
Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.
Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”
Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).
The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins
HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.
Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.
Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.
At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.
The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.
As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.
Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.
Distributed by APO Group on behalf of Energy Capital & Power.
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