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Plastics producers put $25 million into new recycling fund

Published: May 26, 2021
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Signing business documents.

The Circular Plastics Fund will target both post-consumer and post-industrial PE and PP in the U.S. and Canada. | Gajus / Shutterstock

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

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Pennsylvania PRF will provide local collection via mobile app

Published: May 19, 2021
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Mixed household plastics for recycling.

Through the partnership in Erie, app users will be able to schedule on-demand curbside plastics collection. | Real_life_Studio / Shutterstock

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.

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Here’s what’s driving markets for 3-7 plastics

Published: May 19, 2021
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EFS-plastics described how virgin resin pricing and other factors are impacting the recycling sector. | Ann Moore / Shutterstock

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.

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CarbonLite facility to be auctioned in bankruptcy case

Published: May 5, 2021
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CarbonLite's Reading, Pa. facility exterior at night.

The CarbonLite facility in Reading, Pa. is scheduled to be sold at auction this month. | CarbonLite

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.

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Brand owner launches bottle recovery initiative

Published: May 5, 2021
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Plastic Pepsi bottles in store.

The PepsiCo recycling program is being offered to schools, universities, stores, restaurants and other away-from-home settings. | SunnyToys / Shutterstock

PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.

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EPA leader connects recycling and environmental justice

Published: May 5, 2021
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Aerial view of a community solid waste landfill.

At the recent ISRI2021 online conference, an EPA official touched on environmental justice issues that affect waste and recycling facilities. | Surapol USanakul / Shutterstock

The U.S. EPA’s top environmental justice official has a message for recycling operators: Don’t wait for a conflict to arise to start engaging with the community that surrounds you.

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Investors buy PureCycle and move to take it public

Published: November 18, 2020
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Signing business documents.

The firms that are acquiring PureCycle announced a goal of having 30 commercial lines operational by 2030 and 50 by 2035. | fizkes/Shutterstock

PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.

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