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Category: Top stories

Republic outlines profit expectations for Blue Polymers

Published: August 8, 2023
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Republic Services’ materials recovery facility in North Las Vegas will send bales of scrap plastics to Republic’s new nearby Polymer Center, which will recycle PET and sort and ship PE and PP to Blue Polymers. | Courtesy of Republic Services

Republic Services expects to invest about $160 million over the next five or six years into building four polyolefins recycling facilities around the country. When completed, the plants could bring the company up to $32 million in annual earnings.  Continue Reading

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Republic and Ravago roll out network of olefin plants

Published: July 31, 2023
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A rendering of one of four Blue Polymers plants that will be built in various regions of the U.S. | Courtesy of Republic Services

Republic Services is moving deeper into plastics processing, launching a $350 million joint venture with a global polymers expert to produce recycled pellet at four U.S. facilities. Continue Reading

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Eastman provides updates on massive PET recycling plant

Published: August 1, 2023
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Eastman’s upcoming Kingsport, Tenn. plant was initially estimated to cost $250 million over two years, but recent financial filings suggest the price tag has crept upward. | William Griffith/Shutterstock

The CEO of Eastman Chemicals said today’s low PET prices are slowing negotiations over contracts to sell chemically recycled PET to brand owners, but he remains confident that recycled-content mandates and Eastman’s technological advantage will push the deals over the finish line. Continue Reading

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Plastics producer invests in European polyolefins reclaimer

Published: July 25, 2023
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LyondellBasell aims to produce and sell 2 million metric tons annually of Circulen, its brand of recycled-content plastics, by 2023. | JHVEPhoto/Shutterstock

Polyolefins producing giant LyondellBasell has purchased a 50% stake in a Dutch plastics reclaimer that specializes in producing HDPE and PP flakes.  Continue Reading

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Groups to EPA: Consider source reduction and EPR

Published: July 25, 2023
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Plastics waste on a beach seen from above.

Marine pollution was a focus of a number of industry and environmental groups offering thoughts on the U.S. EPA’s plastics strategy. | Mario De Moya F/Shutterstock

Ahead of a July 31 deadline, the EPA has received nearly 100 comments on its draft National Strategy to Prevent Plastic Pollution, many of them calling for federal-level programs. Continue Reading

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Study: Feds should pave the way for PCR in roads

Published: July 18, 2023
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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

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Panel explore intricacies of investment partnerships

Published: July 18, 2023
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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

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NOVA Chemicals plans large film recycling plant

Published: July 18, 2023
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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

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