Natural and color HDPE prices rose higher this month, continuing an upward trend that began last fall. Continue Reading
Natural and color HDPE prices rose higher this month, continuing an upward trend that began last fall. Continue Reading
By mid-2023, the Myplas facility had drawn a total investment of $24 million, but it shut down shortly after it opened. | Photo via MBOLD on YouTube
Minnesota-based film recycling company Myplas USA closed its doors just weeks after opening, and was quickly served with an eviction lawsuit. The legal action has been settled out of court, but the facility’s future remains uncertain.
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Emily Friedman of ICIS described several trends driving recycled resin markets in the U.S., during the 2024 Plastics Recycling Conference in Grapevine, Texas. | Big Wave Productions/Plastics Recycling Update
A long runup in recycled natural HDPE prices came to an end last summer, when prices plummeted to levels not seen since 2019. A market analyst with ICIS recently explained how this has become a trend in the plastics recycling market – and how the cycle is beginning again. Continue Reading
U.S. exporters shipped 234.6 million pounds of scrap plastic to other countries during the first three months of the year, on par with what was exported during the same period in 2023. | Aaron Jacobs/Shutterstock
More than half of the scrap plastic that left the U.S. in the first quarter of the year stayed in North America, recent export figures indicate. Continue Reading
Mohamed Abdulraheem/Shutterstock
Coverage of the 2024 Plastics Recycling Conference, the latest U.S. plastics recovery data, a major reclaimer’s expansion and food-contact packaging movement drew readers’ attention in April. Continue Reading
The 162,000-square-foot Blue Polymers facility will process PE and PP in Buckeye, Arizona after it becomes operational in late 2025. | Mr_Mrs_Marcha/Shutterstock
The second Blue Polymers recycled resin facility will be sited in Buckeye, Arizona, and is slated to open in late 2025. Continue Reading
Five big North American haulers recently reported their first quarter earnings. | Janossy Gergely/Shutterstock
Publicly traded recycling collectors saw bale prices rise in the first quarter, contributing to higher revenues and a positive outlook for the year ahead.
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From left: Dan Leif, Holli Alexander and Candace Rutherford. | Big Wave Productions/Plastics Recycling Update
This story has been corrected.
Chemical recyclers are forging partnerships, eyeing underutilized material streams and getting creative to secure enough supply to feed their ambitious plans, according to leaders in the sector. Continue Reading