News that Unilever will invest $15 million in the Closed Loop Partners Leadership Fund captured clicks last month. | Peter Bueno/Shutterstock
A PET reclaimer’s bankruptcy filing drew readers’ attention last month, in addition to articles about brand owner moves, research projects and food-contact letters.
The list below shows our top stories published in March in terms of unique page views.
1 | CarbonLite files for Chapter 11 bankruptcy
PET recycling firm CarbonLite and a subsidiary last month filed for bankruptcy, indicating the company plans to reorganize and continue operating. A company leader said market strife and COVID-19 impacts led to the decision.
2 | Unilever invests in fund that acquires recycling companies
Unilever North America will invest $15 million in the Closed Loop Partners Leadership Fund, a private equity platform that helps grow companies in the recycling value chain.
3 | REMADE will fund numerous plastics recycling efforts
A federal initiative focused on energy efficiency in U.S. manufacturing recently selected more than a dozen plastics recycling projects to support. They include efforts advancing PET recovery, mixed-plastics processing, chemical recycling and more.
4 | FDA issues food-contact recycled resin letters
The Food and Drug Administration issued a slew of letters giving reclaimers the green light to produce recycled resin for use in food and drink packaging last year.
5 | Brand goals drive recycling growth for Indorama
Global resin producer Indorama Ventures plans to continue its expansion in the PET recycling sector this year, the company recently announced in financial filings.
