Stay-at-home orders are hitting container deposit systems hard, leading to significant declines in the volumes of high-quality PET and other recyclables moving to material processors.
Stay-at-home orders are hitting container deposit systems hard, leading to significant declines in the volumes of high-quality PET and other recyclables moving to material processors.
Resin giant Indorama Ventures will more than triple its global RPET production capacity in the next few years, according to the company’s most recent annual report.
As the coronavirus continues to spread, recycling facilities are increasing distance between employees, sanitizing common areas and, in at least one case, halting the practice of punching in and out on a time clock.
U.S. plastic thermoform manufacturer Direct Pack Inc. has acquired a PET reclaimer and is now processing recovered thermoforms at a Mexico site.
Scrap plastic exporters should closely monitor policy changes in the countries they sell to as the global community prepares to enact more aggressive shipment requirements, according to the top staff member for the Basel Convention.
Closed Loop Partners will invest $2 million in a Houston chemical recycling company that processes PET residue generated by mechanical recycling operations.
Overseas markets for recovered plastic, including Malaysia and India, are experiencing disruption as governments enact widespread restrictions and close ports in response to the coronavirus pandemic.
Recycling programs nationwide have curtailed service due to the coronavirus pandemic, potentially hampering the supply of scrap plastics moving to reclaimers in the weeks to come.
In the states that have issued stay-at-home orders, companies engaged in recycling processing or plastic product manufacturing are not subject to forced shutdowns.
The global escalation of COVID-19 is leading reclaimers to enact new safety regulations, while on a wider scale it impacts some collection programs, reduces Asian scrap plastics demand, constrains global shipping, dents stock prices and threatens an economic recession.