As 2024 wound to close, major plastic resin producers were hit with two similar recycling-related class-action lawsuits – the latest in a growing trend of pursuing legal means of recouping costs for plastic pollution. | Zolnierek/Shutterstock
ExxonMobil on Monday filed a lawsuit against California Attorney General Rob Bonta, alleging that he and several environmental groups defamed the global oil and chemical company “for politics, publicity and private gain.” Continue Reading
Secondary sortation will continue to play a role in the recycling value chain, panelists said. | Dan Holtmeyer/Resource Recycling
With materials recovery facilities becoming ever more sophisticated and AI and robotics providing customizable levels of materials sortation, chemical recycling feedstock provides the most promising end market for secondary sorting, according to panelists at the recent Resource Recycling Conference.
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The combination of the two packaging giants aims to strengthen positioning in high-growth, high-value categories. | 360b/Shutterstock
Switzerland-headquartered packaging giant Amcor will acquire Indiana-based Berry Global in an $8.4 billion all-stock deal that’s expected to close in mid-2025, the companies announced Nov. 19, marking a continuing trend of consolidation in the packaging industry.
The data also indicated that RPET flake and pellet may have been imported as plastic scrap rather than resin, potentially skewing the data. | Monticello/Shutterstock
Recycling for U.S. PET bottles in 2023 gained 4 percentage points on the year to reach 33%, the highest rate since 1996, according to a report from the National Association for PET Container Resources industry group. Continue Reading
The team from Cornell and Princeton universities leveraged the colorant carbon black and LED or sunlight to break down PS packaging to the molecular level. | NisanatStudio/Shutterstock
Although additives in plastics often are viewed as problematic, researchers at Cornell and Princeton universities have developed a technique to recycle plastics containing the colorant carbon black using sunlight. Continue Reading
With the acquisition, Pactiv Evergreen will become privately held, and the combined company will have operations throughout North America. | Retan/Shutterstock
In the latest industry consolidation news, packaging producer Novolex will acquire Pactiv Evergreen for $6.7 billion, with the deal expected to close in mid-2025. Continue Reading
Effects from proposed tariffs against Mexico and Canada could include market consolidation favoring larger firms that can absorb added costs. | Menzl_Guenter/Shutterstock
Editor’s Note: This is the second in a two-part series taking a closer look at the potential effects of threatened tariffs on recycled commodity markets. Read the previous installment here, on what trade flows are most likely to be affected. Continue Reading
If threatened tariffs against Mexico and Canada are implemented, trade volumes of U.S. plastic scrap could be impacted. | HuguetteRoe/Shutterstock
Although the potential effects – or even the likelihood – of threatened U.S. tariffs on Mexico and Canada are yet unknown, they’ve focused attention on the trade dynamics among the North American neighbors, including in post-consumer plastics.
During a Nov. 21 investor event, company executives discussed the $375 million grant for the new Texas recycling plant and gave updates on the France plant and expansion in end markets. | Photo Courtesy of Eastman
Executives from Tennessee-based Eastman signaled uncertainty with the future of a federal grant supporting construction of their second chemical recycling plant, and apprehension about a potential trade war with China, during the company’s Circular Economy Deep Dive investor meeting.
The addition of 350 million pounds of annual processing capacity comes as feedstock-preparation company Cyclyx, a joint venture involving ExxonMobil and LyondellBasell, announces FID on a second U.S. plant in Texas. | JHVEPhoto/Shutterstock
Energy giant ExxonMobil is expanding its U.S. chemical recycling footprint, with 350 million additional pounds of capacity expected to start up in Texas in 2026.