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Brand owner Campbell’s sets recycling targets

Published: May 13, 2020
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Campbell’s recently pledged to incorporate 25% recycled plastic in its PET bottles by 2030. | Katherine Welles/Shutterstock

Campbell’s Soup Company, which uses a variety of plastic packaging in addition to its signature steel soup cans, says its PET containers will hit a 25% recycled-content level within a decade.

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State provides funding for recycling equipment

Published: May 6, 2020
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Officials estimate that 20 projects receiving grants will collectively divert an additional 15,400 tons of post-industrial and post-consumer plastic from landfills each year. | ImagineStock/Shutterstock

North Carolina recently awarded hundreds of thousands of dollars in grants to help plastics recycling companies invest in new equipment.

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Low virgin plastics pricing pinches recycling market further

Published: May 6, 2020
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An industry analyst recently noted that low virgin resin pricing means challenges for ensuring end users choose to use recycled plastic. | batuhan taskinkaya/Shutterstock

The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments.

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Pause on bag law is a hit to some recyclers

Published: April 29, 2020
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Plastic bags

California’s governor recently suspended the state’s single-use bag ban for 60 days. | Joanna Dorota/Shutterstock

California’s single-use bag ban has been suspended for two months, with the governor citing coronavirus safety concerns. One plastics reclaimer said the move led to an immediate drop in PCR sales.

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Carpet producers to end voluntary recycling subsidies

Published: April 29, 2020
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The carpet recycling industry is already facing pressures from low plastics prices, a shift in polymers used in carpet and collection challenges from the coronavirus. | ND700/Shutterstock

Carpet manufacturers are halting their nationwide voluntary subsidy program for carpet recycling, which could push some struggling processors out of business.

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Circulate Capital ready to invest millions in Asia

Published: December 18, 2019
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Circulate Capital’s April Crow (center) at the 2019 Resource Recycling Conference and Trade Show, held in August in New Orleans. | Resource Recycling, Inc./Brian Adams Photography

An ocean plastics prevention fund has $106 million in hand and is gearing up to announce its first investments in Southeast Asian waste management infrastructure.

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