As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
Recovered plastic exports from the U.S. were up in the first three months of 2021 compared with the prior year. Canada brought in nearly a third of all exported material.
Dow, LyondellBasell and Nova Chemicals will invest at least $25 million in plastics recycling infrastructure, with a longer-term goal of growing the initiative to $100 million. Continue Reading
International Recycling Group, a company that’s developing a massive plastics sorting facility, inked a deal to offer on-demand curbside recycling of virtually all plastics.
The mixed-plastics processing sector is seeing supply challenges from product labeling changes and could be significantly disrupted by chemical recycling initiatives, according to one processor.
A leader at Coca-Cola estimates the beverage giant will approach 20% RPET use by the end of 2021.
Prices for curbside plastic bales shot up over the past month, with PET bottles jumping by nearly one-third and natural HDPE notching another record.
A digital tool developed by The Recycling Partnership and consulting firm Systemiq turns research into strategy for major brand owners and other companies.
The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.