PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
Agilyx plans to source at least 6 billion pounds of scrap plastic annually by 2030, according to a recent financial filing. The report also indicates the growing firm did not turn a profit last year.
Public and private partners will spend millions of dollars to improve the recycling system in Michigan as part of a newly announced initiative.
Legislation establishing post-consumer resin requirements for beverage containers, certain consumer goods and trash bags has cleared both chambers of the Washington state legislature.
A federal lawmaker who is sponsoring legislation meant to support the plastics recycling sector says collaboration between all stakeholders, and government assistance, will bolster the U.S. recycling system.
U.S. exports of recovered plastic remained consistent in February, despite global trade policy changes that went into effect at the beginning of the year.
Stormwater drainage product manufacturer HydroBlox has moved into a larger space and significantly increased its plastics recycling capacity.
Spanish plastics recycling operation Fosimpe will enter the mixed-plastics processing sector in the coming weeks, driven not only by the global regulatory environment but by greater public interest in domestic material processing.
A high-profile scrap plastic shipment from the U.S. to Malaysia was accepted after the importing country’s government said it contained clean, sorted material. The situation demonstrates the complexities in interpreting new plastic shipping regulations.
Legislation that makes sweeping changes to the U.S. plastics recycling system generated quick opposition from industry groups, with plastics industry representatives focused on the bill’s treatment of certain materials recovery processes.