Closed Loop Partners’ Circular Plastics Fund added Chevron Phillips Chemical and Charter Next Generation as investors, boosting the fund’s total capital to $45 million.
LyondellBasell acquired European plastics reclaimer Mepol for an undisclosed amount.
Plastics Recyclers Europe said investments grew the European Union’s plastic recycling capacity by 17%.
The U.K. government may block Scotland’s bottle recycling plan over an exemption request.
The U.S. Plastic Pact launched a PCR toolkit at the 2023 Plastics Recycling Conference.