Plastics Recycling Update

News from IHS Markit, Plastic Bank and more

Eastman will supply its recycled-content Tritan Renew co-polyester to Stanley Black & Decker for use in BLACK+DECKER tools. 

IHS Markit published an analysis that noted plastics producers could help usher in a plastics circular economy with roughly $300 billion in capital spending on recycling capacity. 

Packaging company Placon Corp. will buy a former Sonoco Products thermoforming plant, in part to boost its RPET thermoform production capabilities. 

Plastic Bank has opened 17 new collection points and branches across our five countries since August. 

PolyQuest, a PET reclaimer and distributor of PET resins, announced a rebrand that includes a new website, updated logo and enhanced communication materials.

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