Recent research found that the average Californian has to drive for 6.2 minutes to reach their nearest PE film recycling location, and that store drop-off programs collect over 8,700 tons of the material each year.
Scrap natural and color HDPE prices have increased by 32% and 40% over the past month, continuing a recent rebounding in plastic bale prices.
Circular Solutions for Flexibles announced the five finalists in the running for its $3 million Alliance Prize for film recycling.
Global plastics producers will invest about $100 million in a plastic scrap sorting facility to generate feedstock for both mechanical and chemical recycling processes.
Chemical recycler Eastman will be supplying PepsiCo with processed PET under a new offtake agreement.
Ascend Performance Materials purchased a majority stake in California-based Circular Polymers for an undisclosed amount, giving Ascend a more consistent supply of PCR.