PureCycle is a publicly traded company that licenses a PP purification technology from Procter & Gamble. | GH Studio / Shutterstock
The short seller who took aim at PET depolymerization startup Loop Industries has now published allegations against PP recycling company PureCycle Technologies.
The CarbonLite facility in Reading, Pa. is scheduled to be sold at auction this month. | CarbonLite
The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
Researchers estimate over 74 billion PET bottles were landfilled, burned or littered in the U.S. in 2019. | Teerasak Ladnongkhun / Shutterstock
This story has been updated and corrected.
A new report estimates that a nationwide bottle deposit program would reduce the number of drink containers each American wastes to 67 per year, down from 426 under the status quo.
The PepsiCo recycling program is being offered to schools, universities, stores, restaurants and other away-from-home settings. | SunnyToys / Shutterstock
PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.
News of Evergreen’s $22M expansion in Ohio was of interest to readers last month. | Courtesy of Evergreen
PET reclaimer news commanded our readers’ attention last month, along with coverage of our Plastics Recycling Conference, opinions on chemical recycling and a growing post-industrial plastics user.
At the recent ISRI2021 online conference, an EPA official touched on environmental justice issues that affect waste and recycling facilities. | Surapol USanakul / Shutterstock
The U.S. EPA’s top environmental justice official has a message for recycling operators: Don’t wait for a conflict to arise to start engaging with the community that surrounds you.
The firms that are acquiring PureCycle announced a goal of having 30 commercial lines operational by 2030 and 50 by 2035. | fizkes/Shutterstock
PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
Agilyx experienced a net loss of $10.1 million in 2020. But the company noted that this was due to various expenditures that are part of the company’s “gearing for growth and expansion.” | Orathai Mayoeh / Shutterstock
Agilyx plans to source at least 6 billion pounds of scrap plastic annually by 2030, according to a recent financial filing. The report also indicates the growing firm did not turn a profit last year.
The site of the planned Polykemi facility in Gastonia, N.C. | Courtesy of Polykemi.
A plastics compounding facility coming to the U.S. plans to use over 7 million pounds of recycled PP and other materials per year, the company’s CEO said.
To promote individual vaccination, electronics recycling and reuse company Sunnking is offering paid time off to employees opting to receive their COVID-19 vaccine. | PhotobyTawat / Shutterstock