The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.
The U.S. EPA’s top environmental justice official has a message for recycling operators: Don’t wait for a conflict to arise to start engaging with the community that surrounds you.
PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
Agilyx plans to source at least 6 billion pounds of scrap plastic annually by 2030, according to a recent financial filing. The report also indicates the growing firm did not turn a profit last year.
A plastics compounding facility coming to the U.S. plans to use over 7 million pounds of recycled PP and other materials per year, the company’s CEO said.
HDPE tubes, PET aerosol containers and PP thermoforms were among the packaging innovations that received recyclability recognition from the Association of Plastic Recyclers recently.
Evergreen has launched a project to double its food-grade RPET capacity to 80 million pounds per year. A company leader noted the initiative harnesses “the latest and greatest technology.”
Policymakers and brand owners have recently emphasized boosting recycled content in plastic packaging to try to enhance recycling. At a conference this week, speakers outlined some of the challenges in this realm.
Legislation establishing post-consumer resin requirements for beverage containers, certain consumer goods and trash bags has cleared both chambers of the Washington state legislature.