The planned chemical recycling plant in Alberta, Canada, also has a five-year, fixed price offtake contract, ahead of reaching a final investment decision.

The five new hand-painted waste collection trucks feature themes of honor, resilience and care, and will operate in the city's sanitation districts.

In addition to a previous agreement for chemically recycled benzene, BASF will provide procurement strategy advice and planning for project execution, and have rights including equity partnership for future Encina projects.

While prices for recycled commodities are tracking rises in virgin markets, few transactions are occurring, said an ICIS analyst.

While anti-plastics group Beyond Plastics cast doubt on Starbucks' recyclability claims and left many questions unanswered, its report also provides an opportunity for meaningful dialogue to improve processes and influence consumer behavior.

Stakeholders are accustomed to questions and concerns about whether "recycling is real," but they took particular issue with several aspects of the anti-plastics group's risky methods and murky conclusions.

A verification platform from Circular Solutions will provide independent verification for the world's largest single-day sporting event on May 24.

Novelis will restart its Oswego plant within weeks, and Ball Corp. plans commissioning at its Millersburg plant by the end of the year.

Stakeholders applauded the additional allocations proposed, but would like to see distribution re-formulated to more effectively address market realities.

Just when Europe should be accelerating its transition to a circular economy, the sector is slowing dramatically, said the president of Plastics Europe.