The past 12 months certainly gave plastics recycling stakeholders plenty to chew on – and the action extended beyond just the uncertainties caused by the COVID-19 pandemic.
The past 12 months certainly gave plastics recycling stakeholders plenty to chew on – and the action extended beyond just the uncertainties caused by the COVID-19 pandemic.
A confluence of RPET market disruptions in 2020 included low prime plastic pricing and supply challenges that led end users to seek feedstock from other sources. Still, experts maintain a surge of RPET demand is fast approaching.
The U.S. and Europe have had formal recycling infrastructure in place for decades. That’s not the case in India, where Circulate Capital just invested millions of dollars to boost infrastructure and reduce ocean plastics generation.
Congress sent President Trump a spending bill that includes $900 billion in coronavirus-related relief aid, with nearly one-third of the money dedicated to small business assistance.
Oil and gas giant ExxonMobil will invest $8 million in a scrap plastics feedstock business launched by Agilyx, a chemical recycling company.
Extended producer responsibility for a wide range of recyclables is gaining steam around the country. Haulers and facility operators say it’s critical that these proposals are crafted well – both to preserve what already works and allow for much-needed changes.
Logitech has used more post-consumer plastic in its keyboards, mice, webcams and other products over the past three years.
To counter accusations that its technology claims are bogus, Loop Industries has released the results of an independent review confirming its PET depolymerization process works.
As the year comes to a close, the price of natural high-density polyethylene bales notched another record. Color HDPE also continues to climb.
Recent testing has shown that several bottle label innovations and a barrier tube package are compatible with plastics recycling processes, according to the Association of Plastic Recyclers (APR).