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Plastic waste is one of the most critical environmental challenges of our time. Each year, millions of tons of polyethylene terephthalate (PET) end up in landfills, oceans, and ecosystems, wreaking havoc on the environment. However, advances in are offering a glimmer of hope in combatting this global crisis. By addressing the inefficiencies of traditional methods, these innovations are creating efficient, sustainable pathways to minimize waste and unlock new economic benefits. This blog explores some of the benefits of these breakthroughs in PET recycling technology, shedding light on why they are vital for a greener future. Reducing Plastic Waste PET recycling significantly reduces the amount of plastic waste that ends up in landfills. PET accounts for a large share of global plastics, commonly used in everyday products like water bottles and food containers. Advances in recycling processes have streamlined the ways PET is collected, sorted, and processed. Enhanced recycling methods ensure higher recovery rates, resulting in less waste clogging landfills and waterways. When plastics are given a second life through recycling, it delays their accumulation in the environment, fostering better waste management practices across industries and households alike. Conserving Natural Resources The recycling of PET directly reduces the reliance on raw materials like crude oil and natural gas, which are heavily used in plastic production. Advanced recycling processes focus not only on reusing the plastic but also on preserving the energy and natural resources essential for their creation. By conserving these resources, PET recycling contributes to reducing energy consumption and reducing pollution generated during the extraction and processing of raw materials. The result? A smarter, more sustainable use of the planet’s limited resources. Energy Efficiency Gains Modern technological advances in PET recycling have astonishingly improved energy efficiency. Traditional recycling processes consume significant amounts of energy, but innovative approaches such as chemical recycling (for breaking PET down into its fundamental components) are highly energy-efficient. These technologies have made it possible to recycle plastic waste multiple times without diminishing material quality, ultimately saving energy that would otherwise be used in the production of virgin PET. This also reduces the overall carbon footprint associated with plastic manufacturing and waste management. Boosting Circular Economy Principles PET recycling plays a critical role in supporting a circular economy by enabling long-term reuse of materials. With advanced methods, recycled PET (rPET) can be seamlessly transformed into new products, including packaging materials, textiles, and construction goods. This not only extends the lifecycle of the material but also fosters economic growth by creating jobs in collection, sorting, and innovative recycling technology sectors. It promotes a closed-loop system where resources are reused and repurposed efficiently. Promoting Environmental Sustainability The environmental benefits of PET recycling are evident. By preventing plastic waste from entering the ecosystem, recycling mitigates many of the negative consequences of pollution, including harm to aquatic life and soil degradation. Advanced PET recycling solutions help reduce greenhouse gas emissions by limiting the need for virgin plastic production. These positive impacts on environmental health make PET recycling indispensable for a sustainable future. Building a Sustainable Foundation The rapid advancements in PET recycling are not just a technological victory; they are the building blocks for a cleaner, more sustainable future. By reducing plastic waste, conserving resources, and promoting a circular economy, these innovations represent hope for tackling the global plastic waste crisis. With increasing attention on sustainability, it is essential for individuals and industries alike to support and adopt these cutting-edge recycling technologies, ensuring the world moves towards a greener, cleaner tomorrow.CHICAGO (AP) — Aidan Laughery rushed for three touchdowns and No. 22 Illinois topped Northwestern 38-28 on Saturday to reach nine victories for the first time since its 2007 Rose Bowl season. Pat Bryant dashed in to score off Luke Altmyer’s 43-yard pass early in the third quarter as Illinois (9-3, 6-3 Big Ten) struck for touchdowns just over 4 minutes apart early in the third quarter to open a 28-10 lead in what had been a tight game. Bryant's 10th receiving touchdown tied a school record. Altmyer, who threw for 170 yards, had a TD himself on a keeper from the 1-yard line early in the second quarter. David Olano added a field goal in the fourth to cap Illinois' scoring. Laughery, a sophomore running back, rushed for a career-best 172 yards and topped 100 for the first time. He entered with only one TD this season and two for his career. He had a career-long 64-yard run for a score early in the second half. Coach Bret Bielema said he wasn't surprised by Laughery's explosive performance as the Gibson City, Illinois product rounded back into form after being hampered by a hamstring injury earlier this season. “I thought today would be a day that could happen,” Bielema said. “Today some of those turned into big home run hits we've kind of been waiting on all year.” Laughery said he's been prepping for this kind of game, when he carried the ball 12 times for an average of 14.3 yards. “Finally, the opportunity was there,” said Laughery, who got the game ball. “You know you gotta' hit one and it came together today.” He credited the Illini offensive line with opening space for his breakout performance. “Those guys were covering them (Northwestern's defense) all day long,” Laughery said. “It was awesome running behind the looks we were getting” Northwestern’s Devin Turner intercepted Altmyer twice, including for a 13-yard touchdown return late in the first quarter. Thomas Gordon caught Jack Lausch's 15-yard TD pass with a minute left, then the Wildcats added a two-point conversion to complete the scoring. Northwestern (4-8, 2-7 Big Ten) didn’t pack it in as hosted its second game this season at Wrigley Field, this time on a breezy sunny day with game-time temperature of 20 degrees. It looked like the Illini might run away after Bryant’s 10th receiving touchdown 4:52 into the third. He entered tied for the Big Ten lead. But Luke Akers kicked his second field goal of the game, a 34-yarder, with 5:35 left in the third quarter to cut it to 28-13. Lausch led the Wildcats on their next possession and finished it with an 11-yard touchdown toss to A.J. Henning to narrow the Illini lead to 28-20. Then Mac Resetich intercepted Lausch’s pass 50 seconds into the fourth quarter. Laughery powered up the middle for 31 yards and his third TD about two minutes later to quell the Wildcats' momentum. Northwestern dominated in possession time — 34:32 to 25:28 —and plays — 90 to 53. The margin was even more pronounced in the first half, but the Wildcats settled for a 13-yard touchdown return on Turner’s second pick of the game with 2:14 left in the first quarter and Akers’ 21-yard field goal that opened the scoring 6:29 in. Illinois led 14-10 at the half on Laughery’s 30-yard TD run midway through the first quarter and Altmyer’s keeper 1:39 into the second. Akers missed wide to the right on a 44-yard attempt as time ran out in the half. Both teams’ leading pass receivers were injured. Northwestern’s Bryce Kirtz was knocked out of the game in the first quarter with a lower-body injury after two receptions that upped his total yards to 598. Illinois’ Bryant went to the locker room with about 5 minutes left in the first half after Turner collided with him as he plucked his second interception. Bryant returned, however, for the second half. THE TAKEAWAY Illinois: Is in line for a prestigious bowl game appearance and a chance to tie the school record of 10 wins, most recently set during their 2001 Sugar Bowl season. “We wanted to put ourselves in a good position on this day to get to nine wins and see where it can go,” Bielema said. “Just a fun day overall. I don't know what the future holds. It think we're a team that can play with anybody in the country.” Northwestern: Finished its second season under coach David Braun at 4-8 overall and 2-7 in the Big Ten. The Wildcats dropped their final three and five of the last six. UP NEXT Illinois is headed to a bowl game. Northwestern opens its 2025 season at Tulane on Aug. 30.China’s Huawei aims 100,000 apps on Harmony OS in 6-12 months

MAI Capital Management lowered its stake in shares of FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 30.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 886 shares of the business services provider’s stock after selling 395 shares during the period. MAI Capital Management’s holdings in FactSet Research Systems were worth $407,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of the stock. Ninety One UK Ltd grew its position in FactSet Research Systems by 0.9% in the 2nd quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider’s stock worth $496,645,000 after purchasing an additional 10,928 shares in the last quarter. Boston Trust Walden Corp raised its stake in shares of FactSet Research Systems by 9.3% during the 3rd quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider’s stock worth $136,267,000 after purchasing an additional 25,294 shares during the period. PineStone Asset Management Inc. grew its position in FactSet Research Systems by 0.4% during the third quarter. PineStone Asset Management Inc. now owns 274,003 shares of the business services provider’s stock valued at $126,000,000 after buying an additional 1,030 shares during the period. Tandem Investment Advisors Inc. increased its stake in shares of FactSet Research Systems by 1.4% during the 2nd quarter. Tandem Investment Advisors Inc. now owns 250,028 shares of the business services provider’s stock worth $102,079,000 after purchasing an additional 3,485 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in FactSet Research Systems by 21.5% during the second quarter. Dimensional Fund Advisors LP now owns 235,387 shares of the business services provider’s stock valued at $96,113,000 after purchasing an additional 41,717 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock. Wall Street Analyst Weigh In FDS has been the topic of a number of research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, November 15th. UBS Group lifted their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus increased their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price target for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Finally, BMO Capital Markets raised their target price on shares of FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $450.00. FactSet Research Systems Stock Up 0.4 % Shares of NYSE:FDS opened at $487.62 on Friday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The stock’s 50-day moving average price is $466.05 and its 200-day moving average price is $435.59. The stock has a market capitalization of $18.52 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 3.09 and a beta of 0.75. FactSet Research Systems ( NYSE:FDS – Get Free Report ) last issued its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $0.12. The firm had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $2.93 earnings per share. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year. FactSet Research Systems Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be issued a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.93%. Insider Activity In other news, EVP Christopher R. Ellis sold 13,952 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the transaction, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. This trade represents a 37.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, insider John Costigan sold 1,622 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the sale, the insider now directly owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 26,984 shares of company stock valued at $12,230,877. Company insiders own 1.10% of the company’s stock. About FactSet Research Systems ( Free Report ) FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. Featured Stories Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. ( NYSE:FDS – Free Report ). Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter .

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