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A plastic bag, poly bag, or pouch is a type of container made of thin, flexible, plastic film, nonwoven fabric, or plastic textile.Plastic bags are used for containing and transporting goods such as foods, produce, powders, ice, magazines, chemicals, and waste.
PepsiCo introduced the first two-liter sized soft drink bottle in 1970. [1] Motivated by market research conducted by new marketing vice president John Sculley (who would later be known for heading Apple Inc. from 1983 to 1993), [2] the bottle and the method of its production were designed by a team led by Nathaniel Wyeth of DuPont, who received the patent in 1973. [3]
In the European Union (EU), too, heavy investments have been made in the plastics industry, which employs over 1.6-million people with a turnover of more than 360 billion euros per year. In China in 2016 there were over 15,000 plastic manufacturing companies, generating more than US$366 billion in revenue.
A year later, it received US$1.1 billion in a new round of investment, led by Chinese e-commerce giant Alibaba Group. [16] In 2018, an additional US$1.1 billion was injected into the company, in a round led by existing investors Alibaba and SoftBank, raising the company's valuation to approximately US$7 billion.
On 1 July 2024, Pope Francis presided at an Ordinary Consistory of Cardinals, which approved the canonization of 15 people, including Blessed Carlo Acutis. [97] On 20 November 2024, it was announced that Acutis would be canonized during the Jubilee of Teenagers from 25–27 April 2025, with the Diocese of Assisi confirming it would be on Sunday ...