When private equity fund The Sterling Group acquired Evergreen, staff at the PET reclaimer were nervous, Greg Johnson included.
When private equity fund The Sterling Group acquired Evergreen, staff at the PET reclaimer were nervous, Greg Johnson included.
According to a national pricing index, the value of scrap PET, color HDPE and PP bales all surged of late, with increases in the double-digit percentages.
Interest in minimum-recycled-content mandates and extended producer responsibility bills is at an all-time high, but the reality of passing legislation is more complicated, according to industry experts.
A recent U.N. agreement to create a treaty on plastic pollution has brought recycling, waste and producer responsibility issues into the mainstream discussion.
Trex, which recycles over 350 million pounds of PE film scrap a year, dramatically boosted its sales and profits in 2021.
Driven by demand for polypropylene and polyethylene, plastics recycler EFS-plastics is opening a processing site in Lethbridge, Alberta.
Keurig Green Mountain reached a class-action settlement with a consumer who sued over coffee pod recyclability claims, agreeing to pay $10 million and add language indicating the plastic cups are “not recycled in many communities.”
North America’s second-largest hauler and recycling processor is constructing a facility in Las Vegas that will produce recycled PET flake and provide a deeper sort of recovered olefins.
A global body estimates production of recycled plastics has quadrupled over the past two-plus decades, but recycled resins still make up only 6% of total plastic production.
Several companies have announced progress toward recycled-content goals and new products made from recycled plastics. Here’s a roundup of recent developments.