Our two most-read articles last month both focused on auction action from PET processor CarbonLite. Brand owner updates also caught the attention of readers.
The list below shows our top stories published in May in terms of unique page views.
1 | Plastics giants snatch up CarbonLite plants via auction
As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
2 | CarbonLite facility to be auctioned in bankruptcy case
The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
3 | Coca-Cola: Recycling is ‘critical component’ of sustainability
A leader at Coca-Cola estimates the beverage giant will approach 20% RPET use by the end of 2021.
4 | Brand owner launches bottle recovery initiative
PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.
5 | Here’s what’s driving markets for 3-7 plastics
The mixed-plastics processing sector is seeing supply challenges from product labeling changes and could be significantly disrupted by chemical recycling initiatives, according to one processor.