Governments, MRF operators, reclaimers and end users are calling for government regulation that requires recycled content in plastic bags.
Governments, MRF operators, reclaimers and end users are calling for government regulation that requires recycled content in plastic bags.
Loop Industries has struck a deal for a $35 million investment, which will help fund a recycling plant to produce tens of millions of pounds of RPET each year.
The final stamp of approval has been given to a European Union law banning certain single-use plastic products, setting high bottle collection targets and requiring recycled content in bottles.
U.S. recovered plastic exports during the first quarter were down by nearly half compared with a year ago.
The move last week by 187 governments to alter a global waste treaty will mean further uncertainty for U.S. scrap plastic exports.
In coming years, recycled PET and polyolefins will likely have to continue competing with cheap virgin plastics. But scrap markets will also be impacted by uncertain government policies and brand owner decisions.
The price of natural HDPE has decreased by nearly 5% over the past month, but color HDPE and PET have shown stability.
Processing technology can be used to overcome shortcomings in both PET and mixed plastics, according to two plastics recycling professionals.
Federal legislation proposed in Canada requires consumer packaging to be made from a short list of recyclable materials. The guidelines include only two plastic resins.
At least 60 organizations are working to scale up depolymerization, pyrolysis and other emerging plastic processing methods. The North American market for the resulting products could top $100 billion annually.