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.
Many in the U.S. may be unfamiliar with reverse vending machines, because only 10 of 50 states have deposit redemption programs. | Karen McFarland/Shutterstock
LDPE ring carriers are an important ingredient in Avangard Innovative’s “recipe” to make high quality PCR. | Courtesy of Avangard Innovative.
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 U.S. FDA recently approved a number of recycling technologies for converting PET into use for food and drink packaging. | RecycleMan/Shutterstock
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.
Myanmar Recycles has customized a wash line with more than a dozen different washing steps along the way. | Courtesy of Myanmar Recycles.
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.
Just over 1 billion pounds of post-consumer bag and film plastics were recovered in 2018. | Pavel Kubarkov/Shutterstock
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.
TechniSoil Industrial can process post-consumer or post-industrial PET for it’s asphalt binder product. | Courtesy of Technisoil.
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.
The U.S. exported 635 million pounds of scrap plastic during the first half of the year, down 18% year over year. | Halawi/Shutterstock
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.
By material type, the percentage of plastic containers redeemed through the Oregon deposit program increased more than other materials in 2019. | Picsfive/Shutterstock
Consumers in Oregon last year returned 86% of all beverage containers covered under the state’s container deposit program, according to newly released figures.
The price of natural HDPE bales increased by 22% this month, whereas post-consumer PET bales have remained at a low level. Continue Reading