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Star exec says acquisition opens door to ‘bigger, faster’ growth

Published: August 25, 2021
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Two people in suits shake hands.

Akoya Capital Partners, a Chicago-based investment company, is the new owner of Star Plastics. | fizkes / Shutterstock

Processor and compounder Star Plastics has been acquired by a private equity firm. Company founder Doug Ritchie said the partnership will help Star expand its product line.

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Latest APR effort helps guide recyclable package design

Published: August 25, 2021
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Plastic packaging samples on white background.

Under the review program, products will be analyzed for their technical compatibility with current recycling processes. | ShutterOK / Shutterstock

The Association of Plastic Recyclers is launching an initiative to further recognize brands and others that are innovating in line with current plastics recycling capabilities.

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Senator proposes 20-cent-per-pound virgin resin fee

Published: August 18, 2021
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U.S. Capitol building exterior.

The bill taxing virgin resin is just one of several pieces of plastics recycling-related legislation in Congress and statehouses this year. | Kurt Pacaud / Shutterstock

A national virgin resin surcharge would help improve the economics of using post-consumer plastic, according to a proposal introduced in Congress this month.

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Google explores how to capture 4.5 billion tons of plastic

Published: August 18, 2021
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Stacked bales of mixed plastics.

Google’s report noted headwinds to plastics recovery including unfavorable economics for recycled resins compared with virgin resins. | maciej nicgorski / Shutterstock

A report from Google lays out how mechanical and chemical recycling, a virgin plastic production tax, consumer incentives and more can increase plastics recovery over the next two decades.

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P&G will use chemically recycled Eastman resin

Published: August 11, 2021
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P&G company headquarters.

In addition to signing a supply agreement, Procter & Gamble (P&G) and Eastman said they will “collaborate on initiatives addressing the infrastructure needed to increase plastic recycling rates.” | Jonathan Weiss / Shutterstock

Procter & Gamble plans to incorporate post-consumer plastic that’s produced using a chemical recycling process into certain packaging later this year, the company announced.

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