Global Plastics, Inc. (GPI) received a loan from the California Department of Resources Recycling and Recovery (CalRecycle). | ESB Professional/Shutterstock
A PET processor will use a $2 million low-interest loan from California’s recycling agency to buy sheet extrusion line equipment and refinance onerous debt.
Chinese officials are working to update standards for recycled plastic pellets, laying out new quality requirements. | Afanasiev Andrii/Shutterstock
Recycled plastic pellets are facing greater scrutiny upon import into China, international recycling stakeholders recently reported.
The price of natural HDPE jumped by nearly 25% over the past month and is now approaching the record high values it achieved at the beginning of the year.
The U.S. last year objected to stricter regulations on the global scrap plastics trade, kicking off a series of meetings that did not reach consensus. | Travel mania/Shutterstock
A coalition that includes the U.S. and European Union failed to agree on how new global plastic waste shipping regulations should affect the coalition’s member countries.
Waste Management issued its September 2020 “Report on Recycling” to identify gaps in U.S. plastics recycling infrastructure, among other goals. | Natallia Boroda/Shutterstock
A recent report from the nation’s largest waste and recycling hauler reviews the current state of reclamation capacity for PET, HDPE and PP in the U.S.
Coca-Cola European Partners announced that all bottles produced in Norway, which are made from about 25% recycled plastic currently, will hit 100% during the first half of next year. | Jevanto Productions/Shutterstock
The primary Coca-Cola bottler in Europe will use 100% recycled PET containers in the Netherlands and Norway, committing to consume millions of pounds of additional recycled resin per year.
Interpol found that plastic waste fires, both accidental and deliberate, have increased since Chinese import restrictions took hold. | MOHAMED ABDULRAHEEM/Shutterstock
Improper management of scrap plastics in Southeast Asia and elsewhere has increased sharply in the wake of China’s National Sword policy, according to international law enforcement body Interpol.
California Assembly Bill 793 requires that all plastic bottles covered by the state’s container redemption program average at least 15% post-consumer resin starting in 2022. | Leonid Andronov/Shutterstock
California lawmakers approved legislation requiring beverage companies to use recycled plastic. If signed, the bill will usher in the first recycled-content law of its kind for plastic bottles in the U.S.
Merlin Plastics currently produces non-food-contact recycled HDPE, LDPE, LLDPE and PP, as well as RPET approved for use in food and drink packaging. | Courtesy of NOVA Chemicals.
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.
Sales and profits were up for two major consumers of recycled plastic. | Orathai Mayoeh/Shutterstock
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.