Both buyers and sellers quoted prices as high as 17 cents per pound in mid-February, citing capacity additions and competition with virgin resin for the runup. | CalypsoArt/Shutterstock
Editor’s note: Learn more about food-grade recycled PP and many other topics at the 2025 Plastics Recycling Conference on March 24-26 in National Harbor, Maryland. Continue Reading
CEO Mark Costa said the company’s second chemical recycling plant has already received its first funds from the Department of Energy, amid uncertainty for federal funding for Inflation Reduction Act projects. | Petrmalinak/Shutterstock
Amid uncertainty surrounding projects funded through the Inflation Reduction Act, the CEO of Tennessee-headquartered Eastman expressed confidence in the future of its second U.S. chemical recycling plant, which was greenlit upon a $375 million award from the Department of Energy. Continue Reading
In 2024, Mexico and Canada together received more than half of all U.S. plastic scrap exports and provided about 30% of PET resin imports, according to the U.S. International Trade Commission. | Hxdyl/Shutterstock
U.S. President Donald Trump was set to implement 25% tariffs on Canada and Mexico, effective Feb. 4, then delayed them, creating a rapidly changing trade landscape that furthered uncertainty in the plastics recycling industry. Continue Reading
Although reclaimers and others experienced disruptions in electricity and logistics, the regional RPET market as yet has not been significantly affected. | Eley Archive/Shutterstock
As the threat from wildfires in Southern California subsides thanks to heavy rains in the region, market participants said that so far the effect on RPET market has been minimal, though workers’ lives were disrupted. Continue Reading
As brand owners increasingly require larger volumes of higher-quality recycled plastic, the procurement landscape is gradually shifting to a more formalized structure, while less traditional sourcing also continues to emerge. | Meaw Stocker/Shutterstock
Editor’s note: Learn more about procurement trends and many other topics at the 2025 Plastics Recycling Conference on March 24-26 in National Harbor, Maryland. Continue Reading
Two university teams developed processes using electromagnetic waves and engineered wastewater bacteria to address plastic pollution. | Poring Studio/Shutterstock
University researchers have come up with two new methods to break down plastic waste – one for reuse and the other to rid wastewater of microplastics. Continue Reading
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