Category: Industry Announcements

Report shows $5B in materials saved from landfills
Closed Loop Partners investments and portfolio companies have helped keep more than $5 billion worth of materials and products in circulation since the firm was founded, according to its newly released 2024 Impact Report.
Brand owners lead initiative for scalable film, flex recycling
Several global brand owners have joined forces to create the US Flexible Film Initiative (USFFI), a nonprofit membership organization helping to advance scalable solutions to recycle flexible plastic packaging.
Recyclers have the capacity —let’s use it.
Plastics recycling works — when the system works with it. That’s not a slogan. It’s a reality backed by data and by decades of experience from the companies and communities that make up the plastics recycling value chain.
APR updates design recognition, submissions
The Association of Plastic Recyclers has added new packaging components to its eligibility criteria for Preferred Design Recognition, along with a new tool to simplify the submission process.
ICIS August monthly recycled plastics pulse
Editor’s Note: This is a monthly PCR resin pricing analysis contributed by commodity intelligence firm ICIS. Most U.S. recycled plastic feedstock markets have seen dramatic downward swings through the first half of the year. According to recent earnings calls from several industry groups, H2 sales are expected to be flat, if not weaker, than H1.
Plastic bale prices drop again for August
Prices for PET, HDPE and PP bales saw significant drops again this month, while film grades edged lower.
Plastics treaty talks end without consensus or a plan
After nearly two weeks of tense negotiations, the world’s attempt to forge the first legally binding treaty to end plastic pollution collapsed in Geneva, leaving delegates exhausted, civil groups dismayed and the path forward uncertain.