California lawmakers approved legislation requiring beverage companies to use recycled plastic. If signed, the bill will usher in the first recycled-content law of its kind for plastic bottles in the U.S.
California lawmakers approved legislation requiring beverage companies to use recycled plastic. If signed, the bill will usher in the first recycled-content law of its kind for plastic bottles in the U.S.
NOVA Chemicals will provide financing to Merlin Plastics to help the reclaimer produce food-contact recycled HDPE. Then, NOVA will buy up to 30 million pounds of the PCR per year.
Two pressure-sensitive labels and one shrink-sleeve label recently received recognition from the Association of Plastic Recyclers because they were proven not to interfere with the PET recycling process.
COVID-19 and the related economic slowdowns have bruised the bottom line of a major RPET consumer, but other recycled-plastic-product makers have reported economic gains.
Plastics reclaimer Avangard Innovative will sell millions of pounds of PCR each year to six-pack carrier manufacturer Hi-Cone Worldwide, as the companies expand their existing business relationship.
The FDA gave Indorama Ventures the green light to use a depolymerization technology to produce RPET for food and drink packaging. The agency also gave nods for other PET, HDPE and PP recycling processes.
Another major container ship operator says it’s ending scrap shipments to China as that country prepares to widen its prohibition on imports of recovered material. Meanwhile, insurance providers recently analyzed the Chinese policy and its ramifications for shipping lines.
Startup recycling firm International Recycling Group is moving forward with a $100 million plastics recovery facility in the Northeast.
A film recycling company in Myanmar is among the first to take part in a global plastic credit system, which could direct financing from corporations to help the recycling firm expand its capacity.