Plastics Recycling Update

News from Circulate Capital, Polyfit and more

Fishing net recycler Bureo announced it has raised investment funding.

Carbios hired Sophie Balmary as director of human resources and legal affairs.

Circulate Capital closed a $76 million Climate Tech Fund, bringing its total assets under management to $255 million. 

The Marine Debris Foundation hired Susan Sherman as its first executive director. 

Novolex debuted food packaging containers that are recyclable and made with 10% recycled plastic. 

Ocean Conservancy praised the federal Farewell to Foam Act. The American Chemistry Council called the act “misguided with unintended consequences” in a statement. 

Reclaimer Polyfit launched a closed-loop plastic recycling program for brand owners, manufacturers and corporations.

The Product Stewardship Institute was selected to facilitate Colorado’s packaging extended producer responsibility advisory board. 

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