The U.S. Securities and Exchange Commission (SEC) is investigating PureCycle’s statements related to its recycling technology, financial projections, key supply agreements and management. | DCStockPhotography/Shutterstock
Even as it signs offtake agreements with major companies, PP recycling startup PureCycle Technologies continues to be dogged by legal and regulatory troubles.
News around PCR use among major global brands was of interest to readers last month. | Konektus Photo/Shutterstock
A mix of articles covering recycling rates, brand owner actions, a legal settlement and more drew ample clicks last month.
Unilever reported a 6-percentage-point increase in its post-consumer resin usage in 2020, outpacing most other large brand owners. | Konektus Photo/Shutterstock
Global packaged goods companies disclosed their post-consumer resin usage for 2020, and most of the biggies reported purchasing more recycled plastic than the year before.
Post-consumer plastic values are down nearly across-the-board this month, with materials recovery facilities reporting a particularly steep drop in HDPE pricing.
Per a court settlement, TerraCycle will implement label changes and a supply chain certification program. | Sebastian Duda/Shutterstock
A legal action alleging TerraCycle is misleading consumers about its recycling programs has been settled. TerraCycle CEO Tom Szaky said some of the settlement terms cover work the company was already carrying out internally, but one labeling change is new.
Recycled plastic piping is a key component in projects for stormwater management and more. | Courtesy of ADS
Direct Pack Inc. recycles PET bottles and thermoform bales from materials recovery facilities (MRFs). | Courtesy of Direct Pack Inc.
A packaging manufacturer will build a PET recycling operation adjacent to a thermoforming plant on the Mexican side of the U.S.-Mexico border.
NOVA Chemicals used asphalt modified with a 100%-recycled-polymer additive produced by GreenMantra Technologies in a parking lot at a construction project in Sarnia, Ontario. | Courtesy of NOVA Chemicals
Recent chemical recycling announcements include an in-depth analysis of different technologies, an industry group’s new working group, and the launch of recycled-content products.