Unifi identified a number of factors that accounted for lower profits last fiscal year. | Recycle Man/Shutterstock
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.
Indorama Ventures plans to make significant investments in its recycled PET production capabilities. | Kwangmoozaa/Shutterstock
Citing the need to meet rising demand in the near future, plastics producer Indorama is investing $1 billion in its recycling division.
Ohio lawmakers recently passed a bill codifying a number of definitions related to chemical recycling. | Paul Brady Photography/Shutterstock
The sixth- and seventh-largest states in the country recently approved legislation that could help operators using pyrolysis and other technologies.
During the first six months of 2019, India brought in 156 million pounds of U.S. scrap plastics. | Avigator Fortuner/Shutterstock
Recovered plastic has largely stopped flowing from the U.S. into India, which until recently has been among the top importers of the material.
PET and HDPE bales are fetching lower prices than they were a month ago, but PP and high-grade film have shown stability.
Coca-Cola has a goal to make its bottles and cans with an average of 50% recycled material by 2030. | Sundry Photography/Shutterstock
Coca-Cola will use recycled PET and plant-derived plastic in a Dasani water bottle, creating a package known as the “HybridBottle.” The move is one of several recycling-related changes being rolled out.
IBM has a goal to recover more PET from highly contaminated streams. | Credit: Wall Street Journal video.
Three different chemistry-based processes for recovering plastics have recently grabbed attention, illustrating the wide range of stakeholders working to find solutions beyond mechanical recycling.
Argentina-based Arqlite’s first gravel products were sold to customers earlier this year. | Courtesy of Arqlite.
Consulting firm B-Green was helping consumer brand owners reduce waste to landfill, but the companies’ packaging lacked a diversion solution. So B-Green went to work developing a recycling technology and end product.
The deal brings two huge plastics reclaimers under the same corporate structure. | kaninw/Shutterstock
The parent company of Green Line Polymers acquired the parent company of Champion Polymer Recycling in a purchase valued at over $1 billion.
London, Ontario has a goal of 60% waste diversion by the end of 2022. | Wei Seah/Shutterstock
London, Ontario approved a grant for a Hefty EnergyBag program, making it the first Canadian city to embrace the program for collecting hard-to-recycle plastics.