A number of prominent names are financing Myplas USA’s first U.S. polyethylene film recycling plant, to be located in Rogers, Minn., outside of Minneapolis. | Joyce Blessthink/Shutterstock
Brand owners and other private and public entities are investing millions of dollars into a plastic reclaimer’s project to build a 170,000-square-foot film recycling facility in the Upper Midwest.
Federal researchers found study also found that only about 5% of discarded plastic in the U.S. was recycled in 2019, while 86% was left in landfills and 9% was burned to generate electricity. | Huguette Roe/Shutterstock
A study from the U.S. Department of Energy estimated the amount of plastic discarded in the U.S. in 2019 was 44 million metric tons, higher than other estimates.
An SEC fact-finding investigation into PP recycling startup PureCycle recently concluded without further action. | AevanStock/Shutterstock
PET recycling startup Loop Industries agreed to pay millions of dollars to settle a lawsuit from investors, and regulators have ended their investigation of PP recycling startup PureCycle Technologies without taking further action.
Michigan-based East Jordan Plastics recycles over 20 million pounds of horticultural containers each year. | apple2499/Shutterstock
East Jordan Plastics, one of the largest horticultural container manufacturers in North America, announced it will build a $44 million facility in Lyons, Ga.
Broken down by scrap type, a study found that bottles, non-bottle rigid plastics and other plastics all saw declines individually in 2020. | TeuNg StyLe/Shutterstock
The U.S. is processing more of its scrap plastic domestically, but the overall weight of plastic recycled in 2020 dropped just under 6% from 2019, according to an annual industry report.
Packaging companies recently announced they will purchase recycled resin produced through ExxonMobil’s chemical recycling technology. | Katherine Welles/Shutterstock
Multiple companies announced they will be increasing their use of chemically recycled plastics in pursuit of their recycled-content goals, and a consumer goods group said it supports chemical recycling.
The California Department of Resources Recycling and Recovery (CalRecycle) on April 14 released 2021 data on virgin and recycled plastic usage in beverage containers covered by the state’s deposit law. | Pazargic Liviu/Shutterstock
This story has been corrected.
Numbers for 2021 show some big beverage brands were ahead of the game when it comes to complying with California’s recycled-content law, including BlueTriton Brands, Coca-Cola Co. and PepsiCo. Others remained far short of the targets set by the state.
On the list are plastics with undetectable carbon black, PVC, PVDC, EPS, PS, PETG in rigid plastic and oxo-degradable plastics. | wk1003mike/Shutterstock
The Canada Plastics Pact released nine design rules to move toward a circular economy, a document that included a list of “problematic plastics” to avoid. Continue Reading
All grades of commonly sorted curbside plastic experienced substantial price increases this month.
The national average price of post-consumer PET beverage bottles and jars moved up by 17% this month. The per-pound price is now averaging 39.22 cents, compared with 33.42 cents per pound this time last month. Some regions are trading as high as 49.00 cents per pound. PET was trading at 12.03 cents one year ago.
Natural high-density polyethylene (HDPE) from curbside collection programs is up 13%, now at an average 53.72 cents per pound. This compares with 47.47 cents last month. The price was 83.72 cents this time last year.
The national average price of color HDPE is up 12%, now trading at 28.94 cents per pound, compared with 25.75 cents last month. This grade averaged 31.94 cents one year ago.
Polypropylene (PP) is also selling for more money this month. The price is averaging 34.56 cents per pound, up 17% from last month’s average of 29.44 cents per pound. PP was 29.69 cents one year ago.
A couple of film grades are also experiencing rising values this month. The national average price of Grade A film is up 3%, at 21.13 cents per pound. This grade was trading at 15.63 cents one year ago.
Grade B film is now 7.44 cents, compared with 5.63 one year ago.
Grade C film is still averaging 0.81 cents per pound.
These prices are as reported on the Secondary Materials Pricing (SMP) Index. This pricing represents what is being paid for post-consumer recyclable materials in a sorted, baled format, picked up at most major recycling centers.
For a free trial to SMP’s Online Post-Consumer Pricing Index, visit the Recycling Markets website. You can also contact Christina Boulanger-Bosley at [email protected] or 330-956-8911.
Brightmark will not move forward with a facility in Georgia, though the company’s facility in Ashley, Ind. continues toward completion. | RozenskiP/Shutterstock
Brightmark and an industrial authority have canceled plans for a massive plastics-to-fuel recycling plant in Georgia, according to media reports.