Exports of U.S. scrap plastic increased in January 2021 compared with 2020, despite new Basel Convention regulations on plastic shipments.
Exports of U.S. scrap plastic increased in January 2021 compared with 2020, despite new Basel Convention regulations on plastic shipments.
Pennsylvania company Owl Electronic Recycling installed e-plastics sortation equipment in response to China’s scrap plastic import ban. That’s proved beneficial for the latest market disruption restricting the scrap plastic trade.
PET recycling firm CarbonLite and a subsidiary this week filed for bankruptcy, indicating the company plans to reorganize and continue operating. A company leader said market strife and COVID-19 impacts led to the decision.
A federal initiative focused on energy efficiency in U.S. manufacturing recently selected more than a dozen plastics recycling projects to support. They include efforts advancing PET recovery, mixed-plastics processing, chemical recycling and more.
Global resin producer Indorama Ventures plans to continue its expansion in the PET recycling sector this year, the company recently announced in financial filings.
PreZero US, a growing mixed-plastics recycling company, has entered the end use sector with its acquisition of Roplast Industries, a longtime processor and bag manufacturer.
Activists have contacted the world’s largest shipping lines, asking them to stop carrying loads that violate new Basel Convention regulations covering the global scrap plastic trade.
Two film suppliers recently expanded their offerings with recycled-content films. Meanwhile, an Australian project began producing a concrete-alternative from post-consumer flexible packaging.
An expansive packaging stewardship proposal was recently introduced in Massachusetts. Meanwhile, a bill providing state assistance to bolster recycling markets has cleared both legislative chambers in Maryland.
BoMET Polymer Solutions is actively sourcing e-plastics from electronics recycling firms for the company’s Ontario processing facility, where it produces pellets and regrind for sale to manufacturers.