PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
The U.S. recycling and composting rate declined significantly in 2018, but certain materials fared better than others, according to figures from the federal government. The drop was partially due to a change in how the rate was calculated.
Following a similar demonstration in the Pacific Northwest last year, industry stakeholders are launching an initiative to recover additional material from the municipal stream in New York and four other states.
The National Association for PET Container Resources (NAPCOR) says using recycled PET offers a 60% greenhouse gas reduction over virgin material, one of several recent findings the group added to its PET environmental impact resources.
Despite having a robust plastics collection infrastructure, the U.S. is one of the largest contributors to ocean plastics worldwide, according to new findings from well-known plastic waste researchers.
The director of the U.S. Plastics Pact says the effort is marked by two key components: focusing on a target-based national strategy to tackle plastic waste and employing rigorous accountability through reporting to the public.
In the U.S., the plastics recycling market has been largely dictated by pandemic-related collection and demand realities. Overseas, a recent Chinese move to restrict recycled plastic pellet imports is posing trade challenges.