Dr. Alexander Klibanov received his M.S. in Chemistry and Ph.D. in Chemical Enzymology both from Moscow University in Russia. Following his immigration to the United States in 1977, he spent 1.5 years as a postdoctoral associate in the Department of Chemistry at the University of California, San Diego, before joining the faculty at the Massachusetts Institute of Technology (MIT) where he is currently an Endowed-Chaired Professor of Chemistry and Bioengineering. His current research interests include medicinal chemistry, new antimicrobial materials; enzyme chemistry and biotechnology; and pharmaceutical formulations. He has authored over 310 scientific papers and 21 issued U.S. patents (plus many pending), has given over 370 invited lectures, including many named ones, all over the world, and is a member of 12 journal editorial boards. Dr. Klibanov has received numerous prestigious professional awards, including the Leo Friend Award, the Ipatieff Prize, the Marvin J. Johnson Award, and the Arthur C. Cope Scholar Award, all from the American Chemical Society, as well as the International Enzyme Engineering Prize. He was elected both to the National Academy of Sciences and to the National Academy of Engineering of the United States. Dr. Klibanov has started six pharmaceutical companies and has been a scientific advisor, consultant, and/or director for numerous pharmaceutical, medical device, and biotechnology companies, as well as law firms in patent and other IP litigations.

 

Efficient recycling technology is becoming increasingly more important and it is estimated that the worldwide recycling equipment and machinery market will exceed US$ 1.2 billion (EUR 1.05 billion) by 2025. Baler presses will dominate the machinery landscape with a 30% share in the overall recycling equipment and machinery market, according to the report. Analysts anticipate that metal baling will record a compound annual growth rate of 5.7% over 2018-2025, with a target revenue of US$ 390 million by 2025. Meanwhile, the plastic recycling equipment and machinery sector is expected to witness ‘significant gains’ over the coming eight years. This niche market will see a year-on-year growth rate of 6.3% during the 2018-2025 periods, with target revenue of US$ 470 million by 2025. The study points out that an estimated 7.7 billion tonnes of plastic is manufactured across the globe every year; out of which 5.4 billion tonnes is not recycled. The Asia Pacific region’s market is forecast to exceed US$ 450 million by 2025, with China as a major revenue earner. PET bottle recycling generally encompasses the procedures of waste collection, sorting, shredding, and molding. Market Research Future (MRFR) indicates a CAGR of 5.28% in the global PET bottle recycling market over the forecast period of 2018-2023. The global PET bottle recycling market was valued at USD 4,381.3 Mn in 2017 and is due to reach USD 5,933.6 Mn by the end of 2023.