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Category: News

Judge: Company must pay for rejected exports

Published: January 24, 2023
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Hapag-Lloyd Aktiengesellschaft took legal action against materials exporter Golden Trust Trading on March 18, 2022, after the shipping giant said it transported 33 containers of PET, PP and PVC film bales from Vancouver, British Columbia to Bangkok in spring 2019 that were rejected by the Thai government. | John Crux/Shutterstock

A federal judge ruled that a Burnaby, British Columbia company owes an international shipping company $4.3 million Canadian dollars over plastics shipments rejected by the Thai government, the second such suit brought against the company. Continue Reading

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Brand aims for fully recyclable Kahlua and Malibu bottles

Published: January 18, 2023
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Absolut’s original goal was to include 25% recycled plastic in its packaging by 2025; Malibu is currently at 30%. | By Jfanchin/Shutterstock

The Absolut Company is looking at a variety of ways to make its packaging more sustainable, including increasing recycled content and switching to clear PET. Continue Reading

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Major PET recycler reports worsening carpet sales

Published: January 18, 2023
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Calhoun, Ga.-based Mohawk Industries attributes weak demand for carpet to interest rate increases, high inflation and reduced consumer confidence in the U.S. and Europe. | Casimiro PT/Shutterstock

Flooring market conditions have worsened faster than Mohawk Industries expected, leading to longer-than-anticipated idling of its carpet factories, the company announced. Continue Reading

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Closed Loop’s push to link up processors

Published: January 10, 2023
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Inside Balcones Resources' Austin, Texas MRF.

Balcones Resources’ materials recovery facility (MRF) in Austin, Texas is one of a dozen recycling facilities now owned by newly launched company Circular Services. | Jared Paben / Plastics Recycling Update.

Last year’s launch of Circular Services created a new family of varied recycling companies, yet they’re all focused on a circular economy and are fueled with hundreds of millions of dollars in fresh capital. 

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