With the value of e-plastics plummeting and a major export market crumbling, North American firms are scrambling to identify ways to manage the material.
With the value of e-plastics plummeting and a major export market crumbling, North American firms are scrambling to identify ways to manage the material.
Another company that uses RPET in thermoform packaging has been acquired by Graham Partners, a Philadelphia-based private investment firm.
China is unprepared to effectively roll out and enforce its planned Jan. 1 ban on imports of certain recyclables, according to recycling leaders who recently traveled to the country in search of answers.
There is growing chatter that China’s ban on imports of many recovered plastics will grow the country’s demand for virgin resins.
Example of a nylon component in an automotive application.
A chemicals company that makes a nylon-boosting additive says it’s now developing a product to improve properties of recycled PET.
Tax reform legislation moving through Congress could help plastics recycling companies deduct equipment expenditures.
Tax reform bills approved by the U.S. House and Senate include sweeping cuts to business taxes, and recycling industry associations are applauding the business-friendly measures.
An update on China’s import actions and a bankruptcy filing from one of the world’s largest virgin PET producers drew readers’ attention last month.
Chinese officials have reiterated that some post-consumer plastics will be banned from import by the end of the month, and have elaborated on stringent future enforcement and regulatory plans. Even so, one exporter sees the potential for washed flake to be allowed in under the new restrictions.
Data from the sale of recyclable plastic bottles in early December suggest the value of recovered packaging will end the year in a slightly weak position.
More details have emerged about Revolution Plastics’ plan to build an agricultural plastics recycling facility in the heart of California’s San Joaquin Valley.