Archwey, the Sustainable Materials Engineering Group, Launches Global Headquarters in Singapore

2022-09-19 02:23:05 By : Mr. Leon Xiong

The holding group of three companies, Archwey re-engineers plastic waste into products for fashion, retail, hospitality and healthcare

Archwey will lead the global push towards the total elimination of virgin plastic

Its GRS-certified plastic solution BLUEWAVE® is globally available via its company PlasticBean

SINGAPORE , July 22, 2022 /PRNewswire/ -- Today marks the launch of Archwey and its global headquarters in Singapore . Archwey is the holding group of three companies that are changing the game when it comes to innovative means of reusing and reducing plastic waste: Arch & Hook, Shieldler and PlasticBean.

Archwey's mission is to rid the world of virgin plastic full-stop, reshaping the world's building blocks. It will achieve this through its GRS-certified[1]plastic solution BLUEWAVE®: a thermoplastic material made from 100% recycled ocean-bound plastic, marine plastic and post-consumer plastic, collected predominantly from four of the most polluted rivers in the world. Archwey's three companies utilise BLUEWAVE® to supply groundbreaking sustainable solutions for the manufacturing, display and transportation of products in fashion, retail, hospitality and healthcare.

Leading Global Change from Singapore

Singapore , with its strategic location in the heart of Southeast Asia and connectivity to the rest of the world, offers a natural springboard for Archwey to transform the world with sustainable materials.

Mr Sjoerd Fauser , Archwey Chief Executive Officer, said, "Beyond its excellent commercial infrastructure, Singapore's global push towards a sustainable environment was a compelling factor in our decision to relocate our headquarters to Singapore . Singapore's Green Plan 2030 and its Zero Waste Masterplan, resonate and converge with Archwey's own vision of the elimination of single-use plastic, its climate ambitions reflecting our resolve for concrete and urgent action to be taken to address climate change."

Ms Elaine Teo , Senior Vice President, Investment Facilitation Division, Singapore Economic Development Board, said, "Archwey's decision to set up its global headquarters here reflects its confidence in Singapore as a sustainable business hub. The company's efforts to eliminate virgin plastic are aligned with Singapore's climate goals as we pursue a greener economy. We look forward to seeing Archwey tap into our thriving sustainability ecosystem to develop circular solutions for businesses and consumers in Singapore and globally."

Driving global education, research, knowledge sharing and product engineering

With Singapore primed to become one of the most sustainable cities in the world, Archwey will drive education, knowledge exchange and product engineering centred around materials engineering and single-plastic use elimination.

Archwey will leverage the city-state's supporting ecosystem of a future-thinking workforce, world-leading institutions and multinational corporations to explore more groundbreaking solutions to plastic waste. Future affiliations with institutions, universities and charities are underway and forthcoming with Archwey planning to establish its own global R&D innovation centres. It aims to create and bring to market innovative, commercially viable and sustainable recycled and upcycled materials, in the quest to attain a truly circular and balanced environment.

Added Mr Fauser, "The raw materials that industries need already exist. By utilising and supporting smart engineering solutions and bringing to market sustainable products for industries, the creation of virgin plastic is completely unnecessary. We are here to show the world that recycling is the key to decarbonisation, and have advanced the way materials are being reused. We are committed to creating a world without single-use plastic, and a more sustainable planet for future generations."

Driven by a vision of a world where plastic pollution is eliminated, where life is protected and where renewable creations and circularity are the future, Archwey is a global, sustainable materials engineering group, dedicated to developing innovative and recyclable materials as an alternative to single-use plastic.

To date, Archwey has recycled and cleaned 32,500 tonnes of plastic in the last 18 months, creating innovative and beautiful new products from waste.[1]

Doubling the amount of plastic waste it recycles and cleans from 32,500 to 65,000 tonnes by the end of 2023.

Investing in, and collaborating on, research into microplastics and the effect on biodiversity.

Established initially as Arch & Hook in 2015 in Amsterdam as the world's first sustainable clothes-hanger brand, the company expanded its product and design solutions, leveraging the success of its materials engineering capabilities and BLUEWAVE®, its proprietary GRS-certified plastic solution. Today Archwey comprises:

Arch & Hook®, a sustainable materials engineering company and the world's leading sustainable clothes-hanger brand. Creating solutions for fashion and retail, Arch & Hook focuses on GNFR (Goods Not For Resale), including shop infrastructure and design, as well as transport boxes, boasting partnerships with major players in the fashion industry, such as Roland Mouret , Levi's, Under Armour, and Selfridges;

Shieldler®, which re-engineers materials to make healthcare sustainable, providing recycled and recyclable alternatives to environmentally-damaging product models, such as pill bottles, supplement packaging and organisers, blister packs, first aid kits and more; and

PlasticBean®, which creates recycled-plastic pellets for manufacturing. It is Archwey's means of making its materials globally available, to create a better future for industry and the planet. Any manufacturer can utilise the pellets for its own means, helping to stop the creation of new virgin plastic altogether.

[1] Eight-million pieces of plastic pollution are estimated to find their way into oceans every day; producing just one tonne of plastic generates up to 2.5 tonnes of carbon dioxide; and globally, only 9% of the nine-billion tonnes of plastic produced since 1950 has been recycled. [(1) https://www.sas.org.uk/our-work/plastic-pollution/plastic-pollution-facts-figures/; (2) https://www.unep.org/resources/report/state-plastics-world-environment-day-outlook-2018]

Time's almost up on ultra-low rates, so don't be caught off guard.

It’s good to be King.

The billionaire praised “zoomers” for taking into account how career decisions will affect their mental health.

Desperate times call for desperate measures, and this might be just such a time: Persistently high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years.

A mega backdoor Roth is designed for 401(k) savers who want to enjoy Roth account tax benefits. Learn how a mega backdoor Roth rollover works.

When your hard-earned money is on the line, it's easy to overcomplicate an investment decision. The energy industry has been home to high-yield dividend stocks for years and the current imbalance of global oil and gas supply paired with rising demand and years of underinvestment adds a layer of reliability not seen in the energy industry for some time. Baker Hughes (NASDAQ: BKR), Devon Energy (NYSE: DVN), and Kinder Morgan (NYSE: KMI) stand out as three particularly attractive oil and gas companies to consider now.

With inflation numbers still running hot, it's difficult to see the Federal Reserve easing up on its tightening stance regarding the economy. If a bull market returns, fintech stocks might be among the first sectors to recover. Investors hoping to take advantage might want to seriously consider Affirm Holdings (NASDAQ: AFRM), Block (NYSE: SQ), or Mastercard (NYSE: MA) stocks.

Everyone knows by now, traditional ICE vehicles are on their way out, fast driven to obsolescence by electric vehicles (EVs). In fact, according to Needham’s clean tech analyst Vikram Bagri, EV adoption is “progressing faster than expected.” Realistically, this is not much of a shock considering the macro background. “The fundamental landscape for EVs is more constructive than ever with elevated gas prices, government support, and improving availability,” Bagri noted. “Though we expect to see so

What do you get when you combine beaten-down stock prices with an economic and technological niche poised to gain as it becomes ever more essential? You get stocks with a low cost of entry – plus high upside potential and approval from Wall Street’s analysts. The niche we’re talking about is AI, artificial intelligence, once a pipe dream of science fiction but today a computing technology that is growing ever more important. AI powers the rapidly expanding Internet of Things, is the technology b

Somerville gene therapy firm bluebird bio Inc. has netted a second key win from the U.S. Food and Drug Administration.

(Bloomberg) -- From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported into China.A born trader with an infectious sense of humor, the 57-year-old grew Maike Metals International Ltd. through the rough-and-tumble rush for commodities in the early 2000s, to become a key conduit between China’s industrial heartlands and global merchants like Glencore Plc.Now Maike is sufferi

Americans are still seeing rising prices almost everywhere they look, with some sectors are being hit harder than others.

Now investors look to the Federal Reserve, which has been aggressively fighting inflation with its primary tool: interest rate increases. When the Fed raised rates by 75 basis points in June, it was its largest rate hike in 28 years. The Fed raised rates another 75 basis points in July, and investors expect a similar increase during its meeting next week.

A slip by the S&P 500 below key chart support at 3,900 opens the door to a test of June stock-market lows, a top Wall Street technician warns.

After an epic rally from 2019 to 2021, shares of mobility chip giant Qualcomm (NASDAQ: QCOM) haven't done so well lately. Following yet another sell-off in the market (thanks, inflation), Qualcomm stock is again near its 52-week lows and off over 30% from its all-time high last year. This is now the third time in a year Qualcomm has fallen to this level -- and this time, it's trading for a meager 11 times trailing-12-month earnings per share.

Facebook and Nvidia , two of the flagships of tech, seem to be going through a real ordeal. Both companies lost tens of billions of dollars in market cap during the trading week ending September 16. The network giant Facebook, which is now called Meta Platforms, is only a shadow of what it was a year ago.

I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.

Starbucks has been in Target locations for well over two decades. Since 2003, a Starbucks coffee shop has been put in almost all of the new builds of Target stores, (as long as there was enough room, that is). When an older Target store was remodeled, the popular coffee shop was usually worked into the remodel.

Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Dollar Tree Inc. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.

It's been a rough year in the stock market, especially for fintech investors. High inflation and rising interest rates put investors on edge, ramping up market volatility. One company feeling the pain is SoFi Technologies (NASDAQ: SOFI), the fintech that was a hot stock when it first went public in 2020.