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Home Analysis Industry Announcements

News from Braskem, Octal Holding and more

byEditorial Staff
February 8, 2022
in Industry Announcements

Spanish plastic research institute AIMPLAS recycled fishing nets and other marine litter into a 100% recycled plastic bench for the Marina of Valencia, with funding from CaixaBank and the Bancaja Foundation. 

Polyolefins producer Braskem announced it has invested in Atlanta-based chemical recycling company Nexus Circular. 

The Institute of Scrap Recycling Industries (ISRI) announced the formation of its Brands Leadership Council and its inaugural members: Starbucks, Keurig Dr Pepper, McDonald’s, Unilever and Colgate-Palmolive. 

LYCRA released THERMOLITE EcoMade fiber, a clothing insulation made from chemically recycled textiles scrap. 

Mexican petrochemical company Alpek bought PET sheet maker and thermoformer Octal Holding for $620 million. Octal’s Ohio facility uses RPET flake from thermoforming customers in North America.

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Editorial Staff

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