NOVA Chemicals will provide financing to Merlin Plastics to help the reclaimer produce food-contact recycled HDPE. Then, NOVA will buy up to 30 million pounds of the PCR per year.
NOVA Chemicals will provide financing to Merlin Plastics to help the reclaimer produce food-contact recycled HDPE. Then, NOVA will buy up to 30 million pounds of the PCR per year.
COVID-19 and the related economic slowdowns have bruised the bottom line of a major RPET consumer, but other recycled-plastic-product makers have reported economic gains.
Plastics reclaimer Avangard Innovative will sell millions of pounds of PCR each year to six-pack carrier manufacturer Hi-Cone Worldwide, as the companies expand their existing business relationship.
The FDA gave Indorama Ventures the green light to use a depolymerization technology to produce RPET for food and drink packaging. The agency also gave nods for other PET, HDPE and PP recycling processes.
A film recycling company in Myanmar is among the first to take part in a global plastic credit system, which could direct financing from corporations to help the recycling firm expand its capacity.
The amount of U.S. film and non-bottle rigids collected for recycling decreased in 2018, but domestic processors took in more of the material, according to More Recycling.
A California company is using glycolysis to depolymerize PET scrap for use in an asphalt binder. The pavement it produces is stronger than traditional hot-mix asphalt.
New trade figures show lower year-over-year exports of recovered plastic from January to June. The decline was largely driven by less material going to India.
Consumers in Oregon last year returned 86% of all beverage containers covered under the state’s container deposit program, according to newly released figures.