About Crude Oil
Grangemouth oil refinery to cease operations by 2025
... It was one of the first Crude Oil refineries in the UK...
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... Earlier this week, the World Bank warned that the conflict in the Middle East could push the price of Crude Oil up to $150 a barrel - compared to $85 today...
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... Opec+ accounts for around 40% of the world s Crude Oil and its decisions can have a major impact on oil prices...
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... Opec+ is a group of 23 oil-exporting countries which decides how much Crude Oil to sell on the world market...
Lego axes plan to make bricks from recycled bottles
... The company that it aimed to produce bricks not containing Crude Oil within two years...
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... Crucially, the declaration did not mention any targets on reducing the use of Crude Oil, and instead focused on phasing out the use of coal...
Lego axes plan to make bricks from recycled bottles
By Noor NanjiBusiness reporter, BBC News
Toy giant Lego has scrapped plans to make its bricks from recycled bottles, in a blow to its efforts to cut carbon emissions.
The Company that it aimed to produce bricks not containing Crude Oil within two years.
But on Monday, it said it had found that using the New Material didn't reduce carbon emissions.
Lego said it remains " fully committed" to making bricks from Sustainable Materials .
Currently, many of Lego's bricks are made using acrylonitrile butadiene styrene (ABS), a virgin plastic made from Crude Oil .
The Move , which was first reported in the, will be seen as a setback after a high-profile push by Lego to improve its green credentials.
Like many other companies, Lego has been exploring alternative materials to plastic as sustainability becomes more important to customers.
One of The Challenges has been finding a material that is durable enough to last for generations.
In 2021, it said it has developed prototype bricks made from Polyethylene Terephthalate (PET) bottles, with some other chemicals added.
The Hope was that material could have offered an alternative to oil-based bricks.
But Lego has now revealed that after More Than two years of testing, it had found that using recycled PET didn't reduce carbon emissions.
As a result, it said it has " decided not to progress" with making bricks from The Material .
It said it was currently testing and developing bricks made from " a range of alternative Sustainable Materials ".
Niels Christiansen, chief executive of Lego, told the FT that there was no " magic material" to resolve The Firm 's sustainability challenges.
" We tested hundreds and hundreds of materials. It's just not been possible to find a material like that, " He Said .
A spokesperson for The Company told The Bbc : " We remain fully committed to making LEGO bricks from Sustainable Materials by 2032.
" We Are investing More Than $1. 2bn in sustainability initiatives in the Four Years to 2025 as part of our efforts to transition to more Sustainable Materials and reduce our carbon emissions by 37% by 2032. "
Related TopicsSource of news: bbc.com