The financing push is part of the beverage giant’s efforts to achieve its “World Without Waste” goals. | Dilok Klaisataporn/Shutterstock
The Coca-Cola Company and eight of its bottling partners launched a $137.7 million venture capital fund to help spark sustainability innovations. Continue Reading
Prevented Ocean Plastic Southeast Asia opened an aggregation center in Semarang, Indonesia, with a capacity of about 500 metric tons per month. | Courtesy of Prevented Ocean Plastic
A company that specializes in collecting PET and other plastics at risk of entering the ocean continues to expand its collection infrastructure in Southeast Asia with support from the U.S. government. Continue Reading
Drainage pipes are a form of infrastructure that already typically include recycled plastic. | Courtesy of Advanced Drainage Systems
Not only should the U.S. try to expand and standardize plastics recycling, but it should also consider using the material in various public infrastructure projects, a report suggested. Continue Reading
Environmental groups and industry organizations disagree over how to classify chemical recycling. | Bowonpat Sakaew/Shutterstock
Chemical recycling has been at the center of recycling debates recently, a focus that has been mirrored in state legislatures. Continue Reading
The Container Recycling Institute and Reloop released a study showing that deposit return systems do not have a negative effect on beverage sales. | Zety Akhzar/Shutterstock
A study looking at two decades of beverage sale trends around the world found that there was no decrease in sales when deposit return systems went into effect or were expanded. Continue Reading
Panelists (L-R) Kate Davenport with Eureka Recycling, Neil Cameron with Emerald Technology Ventures, Jen Louie with Closed Loop Partners, Aidan Madigan-Curtis with Eclipse Ventures and Ian Arthurs with Circular.co discussed recent investor interest in the recycling sector at the 2023 Plastics Recycling Conference. | Big Wave Productions/Plastics Recycling Update
Recycling entrepreneurs and venture capitalists should ask questions, find the right match and focus on market realities to forge a successful relationship, according to experts from both sides of the coin. Continue Reading
NOVA Chemicals’ film recycling facility will occupy 450,000 square feet of a 1.7-million-foot building in Connersville, Ind. | Courtesy of NOVA Chemicals
Plastic resin giant NOVA Chemicals will build a large PE film recycling facility in Indiana. The facility will be operated by film specialist Novolex. Continue Reading
Pregis and NOVA Chemicals collaborated to produce a recycled-content pouch. | Courtesy of Pregis
SABIC and NOVA Chemicals both recently released new resins made with recycled content, and INEOS Styrolution and TOMRA announced plans for commercial-scale PS recycling for food-contact packaging. Continue Reading