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.
The head of the Institute of Scrap Recycling Industries says the group has worked closely with officials in countries around the world to ensure that exported materials meet high quality thresholds. | peresanz / Shutterstock
Metaspectral’s vision system is capable of operating at conveyor belt speeds of up to 10 meters per second. | Nordroden / Shutterstock
The government of British Columbia is helping to fund development of a high-precision scrap plastics identification technology, according to the developer.
Maine’s new law requires packaging producers to fund the recycling of their products. | Sean Pavone / Shutterstock
The governor of Maine has signed legislation establishing extended producer responsibility for packaging materials in the state. It’s the first bill of its kind to become law in the U.S.
The American Chemistry Council’s position statement comes at a time of heightened legislative activity on plastics. | Natallia Boroda / Shutterstock
A major industry group is urging Congress to adopt a national recycled plastic standard, facilitate “rapid scaling” of the chemical recycling sector, and more.
Sellers of recycled plastics have continued to enjoy strong markets, with virtually all grades seeing value boosts from June to July.