Photo: Omar Marques/SOPA Images/LightRocket via Getty Images

BP and corporate giants including Unilever announced a new consortium Thursday that aims to transform "difficult to recycle" plastic wastes into materials that can be repeatedly used to make high-quality packaging.

Why it matters: The world has a gigantic plastics waste problem, and these are some big players — others involved include food and beverage giant Danone and the big packaging company Alpla.

The big picture: The group aims to speed deployment of BP's "Infinia" technology for recycling polyethylene terephthalate plastic packaging waste.

What they're saying: Rita Griffin, the chief operating officer of BP's petrochemical unit, said, "we know we cannot create circularity on our own." The company is working with others to "prove a practical business model that can hopefully contribute to making all types of polyester waste infinitely recyclable."

Where it stands: Via Bloomberg, "The move follows in the footsteps of a competitor Total SA, which announced last week that it would work alongside companies including Nestle SA and Mars Inc. to develop a nascent chemical-recycling industry in France."

Go deeper: Big Oil doubles down on recycling

Go deeper

5 mins ago - World

Scoop: Secret Israel-Sudan contacts paved the way for deal sealed by Trump

Trump on the phone with the leaders of Sudan and Israel. Photo: Alex Edelman/AFP via Getty

While the U.S. officially brokered the Israel-Sudan normalization deal, it was Israel that facilitated talks between the U.S. and Sudan on the broader deal that included Sudan’s removal from America’s state sponsors of terrorism list.

Why it matters: Israel’s secret contacts with Sudanese officials paved the way for a deal that was nearly a year in the making.

Updated 6 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Biden ahead in Wisconsin, Michigan as cases surge in the Midwest.
  2. Health: Surge "is real" and not just caused by more tests, Trump's testing czar saysMask mandates help control the rise in hospitalizations.
  3. Business: Surge is sinking consumer confidence Testing is a windfall.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. World: Putin mandates face masks.
29 mins ago - Health

Trump's testing czar: COVID surge "is real" and not just caused by more tests

Assistant Secretary of Health Adm. Brett Giroir, who leads the federal government's coronavirus testing response, pushed back on Wednesday against President Trump's continued claims that rising coronavirus cases are a product of increased testing.

The big picture: Every available piece of data shows that the pandemic is getting worse again across the country. Hospitalizations are on the rise — and some hospitals are warning that they could soon be overwhelmed — while 13 states set new highs last week for coronavirus infections recorded in a single day.

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