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Amcor to acquire Berry Global in $8.4B all-stock deal

Published: November 19, 2024
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Amcor company logo on building exterior.

The combination of the two packaging giants aims to strengthen positioning in high-growth, high-value categories. | 360b/Shutterstock

Switzerland-headquartered packaging giant Amcor will acquire Indiana-based Berry Global in an $8.4 billion all-stock deal that’s expected to close in mid-2025, the companies announced Nov. 19, marking a continuing trend of consolidation in the packaging industry.

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PET bottle recycling reaches new high

Published: December 18, 2024
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Empty PET bottles for recycling.

The data also indicated that RPET flake and pellet may have been imported as plastic scrap rather than resin, potentially skewing the data. | Monticello/Shutterstock

Recycling for U.S. PET bottles in 2023 gained 4 percentage points on the year to reach 33%, the highest rate since 1996, according to a report from the National Association for PET Container Resources industry group.  Continue Reading

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NERC: Q3 brings small uptick in commodity values

Published: December 18, 2024
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Fiber bales stacked for recycling.

In the third quarter of 2024, the Northeast Recycling Council reported the blended value of a ton, not counting the negative impact of residuals, was $121.21, up 3% from the second quarter of the year. | Nickpeps/Shutterstock

Average commodity prices rose slightly in the third quarter of the year due to national and regional trends, though the growth appears to be cooling off, according to the latest report from the Northeast Recycling Council.  Continue Reading

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Maine board green-lights EPR rules

Published: December 11, 2024
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Under Maine’s EPR program, signed into law in 2021, producers directly reimburse municipalities for collection and recycling of materials. | Yurii Prohonnyi/Shutterstock

Maine approved rules for its extended producer responsibility law for packaging, three years after becoming the first state to pass packaging EPR.  Continue Reading

Industry views are mixed as tariff threat looms

Published: December 11, 2024
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PET bales stacked for recycling.

Effects from proposed tariffs against Mexico and Canada could include market consolidation favoring larger firms that can absorb added costs. | Menzl_Guenter/Shutterstock

Editor’s Note: This is the second in a two-part series taking a closer look at the potential effects of threatened tariffs on recycled commodity markets. Read the previous installment here, on what trade flows are most likely to be affected. Continue Reading

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Oregon finalizes EPR rulemaking, PRO submits plan

Published: December 11, 2024
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Oregon state capitol building.

The third iteration of Oregon’s program plan had more accurate cost estimates, after Circular Action Alliance carried out a costing survey over the summer. | Nadia Yong/Shutterstock

Oregon moved its rulemaking process ahead for its extended producer responsibility for packaging law set to roll out next summer, and Circular Action Alliance also released its third program plan draft.  Continue Reading

Coca-Cola ‘evolves’ sustainability goals, timelines

Published: December 4, 2024
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Coca Cola bottles wrapped in plastic at a wholesale market.

The Coca‑Cola Company eliminated its goals around reusable packaging and virgin plastic reduction. | StudioPortoSabbia/Shutterstock

The Coca‑Cola Company has rolled back its voluntary sustainability goals, decreasing some and eliminating others, following the growing number of big brands announcing they will not meet often-ambitious 2025 or 2030 targets. 

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Global treaty talks extended after hitting typical roadblocks

Published: December 4, 2024
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On Nov. 27, the Indigenous Peoples’ Forum on Plastics demanded the right to speak at plenary sessions, after being denied the usual time allotted for civil society members to share their views. | Kiara Worth/International Institute for Sustainable Development

Negotiations for a global, legally-binding treaty to address plastic pollution will spill over into another meeting, but participants noted the need for a seismic shift to reach the finish line after a fifth round of United Nations negotiations splintered along similar lines as the last four. 

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Study: E-plastics additives present in home goods

Published: December 4, 2024
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E-plastics / Jared Paben

The study found flame retardants in some black plastic kitchen utensils that contained recycled resin. | Jared Paben/Resource Recycling

A recent study has focused public attention on household products containing plastic that the authors suggest was recovered from electronics, raising safety concerns about chemicals contained within the recycled content.

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