MBA Polymers’ U.K. and China operations have been sold to a German equity fund, and the plastics reclaimer’s Austrian branch has been bought out by its longtime co-owner.
MBA Polymers’ U.K. and China operations have been sold to a German equity fund, and the plastics reclaimer’s Austrian branch has been bought out by its longtime co-owner.
Credit: Riverview Photography
A viable end market is crucial to effective materials recovery, and in the plastics realm, those downstream uses are growing increasingly diverse.
RES Polyflow’s Michael Dungan says fluctuating oil prices and developments in Asia will continue to affect pyrolysis companies, but he thinks a bigger issue may be a regulatory landscape that he believes is dated and detrimental to technology adoption.
A major end user of recovered PET boosted its revenues last year, as it works to expand its recycled-plastic fiber brand and move into new recycling markets.
A joint-venture plastics recovery facility in Maryland will suspend operations in the coming days, citing challenges in the post-consumer plastics industry and pointing to a need to upgrade its equipment.
A bale of plastics No. 3-7. Source: Association of Plastic Recyclers.
The idling of a Baltimore-area plastic recovery facility is the kind of challenge that’s expected in an innovative project showcasing a still-developing business model, according to a financial backer.
Operators of materials recovery facilities are increasing their labor forces and installing additional sorting equipment in response to Chinese restrictions on scrap imports. As companies increase sortation efforts to create a higher-quality output, attention is also turning to the domestic plastics processing market.
Construction is underway on the rPlanet Earth facility in Vernon, Calif.
Construction is underway on a massive Los Angeles-area plastics recycling facility that will take PET bales all the way to bottle preforms, extruded sheet and thermoform packaging.
Delegates from the Chinese plastics recycling sector will travel to the U.S. next month with an eye toward planning for the industry’s future.
A new manufacturer with ties to QRS Recycling will begin making recycled-plastic railroad ties in St. Louis.