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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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It was the third time that the Cologne Chamber of Industry and Commerce organized the competition, working with VDI Cologne, VDE Cologne, the :metabolon research and innovation center, and its patron, Mona Neubaur, North Rhine-Westphalia Minister for Economics. In the final round, the ‘Chainge’ recycling program prevailed over six competitors.\u003C\u002Fp>\r\n\u003Cp>“We are proud of this award. It reflects the work of a strong team and shows us once again that we are on the right track. By returning engineering plastics to an environmentally friendly circular economy, we can conserve valuable resources,” stated Michael Blass, CEO, e-chain Systems, igus.\u003C\u002Fp>\r\n\u003Cp>The recycling program also won the Rhineland Business Prize in September 2022. “It is the innovative power of entrepreneurs that finds, applies, and passes on solutions. This is how global climate protection can succeed,” commented Sven Gebhard, Vice President, Cologne Chamber of Industry and Commerce, during his laudatory speech. The contest, he said, is aimed at raising awareness of the circular economy mega-issue and motivating other companies to look for ways to conserve resources themselves.\u003C\u002Fp>\r\n\u003Cp>“What happens to our products at the end of their service life?” This question was the impetus for igus to launch the ‘Chainge’ program in 2019. For so-called post-consumer plastics, there are often still no options for sustainable reuse, so they end up being incinerated. igus hopes to end this linear economy with ‘Chainge’. Since the initiative began, customers have been able to send their worn-out energy chains, regardless of manufacturer, to igus and have them recycled into material for new products. One example is the igus E2.1.CG cradle-chain, the first energy chain made from recycled plastic. To accelerate the move to a circular economy, igus added the ‘Chainge’ online platform to its range of services in October 2022. Users can transfer not only energy chains, but also other components made of other technical plastics such as PA, POM, and PBT to the circular economy. The platform also offers a digital marketplace that provides access for purchasing selected recycled material.\u003C\u002Fp>\r\n\u003Cp>“Since the start of 2019, more and more companies have been using our recycling program,” said Lena Naumann, Head, Chainge Business Unit, igus GmbH. “We have now rescued about 85 tons of plastic from incineration and returned it to the circular economy. We are also trying to integrate more locations and expand our recycling network. This will give us additional capacity that we can use to make an even greater contribution to the sustainable circular economy.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.igus.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2023\u002F6USCN7dHY58YGcLKEE5T.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJuly2023\u002F6USCN7dHY58YGcLKEE5T.jpg","2023-07-16T05:30:13+05:30",0,"igus's 'Chainge' recycling program won the Cologne Chamber of Industry and Commerce's 'Going Circular' competition.\nThe program recycles worn-out energy chains and other technical plastics, transforming them into new products.\nSince 2019, 'Chainge' has rescued approximately 85 tons of plastic from incineration for reuse.","We're thrilled to share that igus GmbH's innovative 'Chainge' recycling program has won the prestigious 'Going Circular' competition from the Cologne Chamber of Industry and Commerce! This award recognizes our dedication to sustainable practices and our mission to establish a true circular economy for engineering plastics. The 'Chainge' program transforms worn-out energy chains and other technical plastics, preventing incineration and creating new materials. Since its launch in 2019, we've successfully diverted approximately 85 tons of plastic from landfills and returned them to production. This achievement underscores the power of innovation in conserving valuable resources and inspires us to further expand our recycling network globally. Congratulations to the entire igus team on this well-deserved recognition! #CircularEconomy #Sustainability #igus","Big win for igus! Their 'Chainge' recycling program just clinched the Cologne Chamber of Industry and Commerce's 'Going Circular' award. This innovative initiative is transforming waste plastics into new products, proving that a circular economy is achievable. #PlasticsRecycling #CircularEconomy","Huge news! 🎉 Our friends at igus GmbH are celebrating a fantastic win for their 'Chainge' recycling program, taking home the 'Going Circular' award from the Cologne Chamber of Industry and Commerce! This isn't just an award; it's a testament to their incredible efforts in turning used plastics, like energy chains, into valuable new products. ♻️ Think about it: preventing 85 tons of plastic from being burned since 2019 and giving them a second life! That’s impact! Let's applaud companies like igus who are leading the charge towards a truly sustainable future. 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