ACI Plastics is approaching the finish line on its film line.
ACI Plastics is approaching the finish line on its film line.
The U.S. PET bottle recovery rate made a notable jump last year, reaching 28.6%, according to an industry report published today.
Compared with recent months, December has brought stable prices across the range of scrap plastics, with PET and natural HDPE bale prices rising only slightly.
Mixed reactions followed the first meeting on a Global Plastics Treaty, with some complaints about “industry interference.”
One of the world’s largest packaging producers, Amcor, has signed a deal to buy huge amounts of chemically recycled resin from one of the world’s largest plastics producers, ExxonMobil.
By the time plastic products reach their end of life, the bulk of their climate damage has already been done, according to a study that reaffirms greenhouse gasses tied to plastics are mostly generated in prime resin production, shipping and molding.
LyondellBasell will buy food-grade post-consumer natural HDPE from Envision Plastics and incorporate that PCR into various blends for sale to packaging producers.
This story has been updated.
Online delivery packaging, takeaway cups and plastic drink bottles could see new targets for reuse and recycled content under proposals from the European Commission.
After several years of gains in recycled content usage, Amcor is setting a new recycled content goal of 30% by 2030, tripling its previous target.
The Ellen MacArthur Foundation’s latest report showed that major packaging companies doubled their collective PCR percentage from 2018 to 2021. However, pandemic-related commerce trends also helped accelerate virgin plastic consumption.