The bill taxing virgin resin is just one of several pieces of plastics recycling-related legislation in Congress and statehouses this year. | Kurt Pacaud / Shutterstock
A national virgin resin surcharge would help improve the economics of using post-consumer plastic, according to a proposal introduced in Congress this month.
Google’s report noted headwinds to plastics recovery including unfavorable economics for recycled resins compared with virgin resins. | maciej nicgorski / Shutterstock
A report from Google lays out how mechanical and chemical recycling, a virgin plastic production tax, consumer incentives and more can increase plastics recovery over the next two decades.
Bales of recovered PET and HDPE have increased in value this month, with natural HDPE hitting another record high.
In addition to signing a supply agreement, Procter & Gamble (P&G) and Eastman said they will “collaborate on initiatives addressing the infrastructure needed to increase plastic recycling rates.” | Jonathan Weiss / Shutterstock
Procter & Gamble plans to incorporate post-consumer plastic that’s produced using a chemical recycling process into certain packaging later this year, the company announced.
An employee working at Poly-Wood’s existing production plant in Roxboro, N.C. | Courtesy of Person County Economic Development
Recycled plastic furniture manufacturer Poly-Wood will invest tens of millions of dollars in its North Carolina plant.
Novolex reported that the company’s percentage of post-consumer resin used in 2020 was flat compared with 2019.| RosaLin Zhen Zhen / Shutterstock
Novolex, a major recycler and producer of plastic bags, recently reported that the pandemic created a “challenging PCR environment” last year. But the company sees signs for demand on the horizon.
The lawsuit alleges TerraCycle is enabling brand owners to mislead the public on the recyclability of their products. | photo_gonzo / Shutterstock
A nonprofit environmental organization is suing TerraCycle and several major brands, saying the companies are misleading consumers about the recyclability of their products through mail-in collection programs. TerraCycle’s CEO discussed the company’s labeling in an interview.
SK Global Chemical has a goal of recycling 900,000 tons of plastic scrap per year by 2025. | Freedomz / Shutterstock
Global resin maker SK Global Chemical has put millions into an industry group’s initiative to boost the circular economy for plastics.
According to Recycle BC, 32,804 metric tons of plastic were collected by the program, up 12.3% from the year before. | VanderWolf Images / Shutterstock
British Columbia’s producer-funded recycling system recovered 52% of plastic last year, up sharply from the year before.
Na Kyung-soo, CEO of SK Global Chemical, signs the strategic investment agreement with Loop Industries on June 23. | Courtesy of SK Global Chemical
Quebec-based Loop Industries is receiving a $56 million equity investment from plastics giant SK Global Chemical to help it grow its PET depolymerization business.