An SEC fact-finding investigation into PP recycling startup PureCycle recently concluded without further action. | AevanStock/Shutterstock
PET recycling startup Loop Industries agreed to pay millions of dollars to settle a lawsuit from investors, and regulators have ended their investigation of PP recycling startup PureCycle Technologies without taking further action.
The state of New York will direct millions of dollars toward plastics recycling research at the University at Buffalo. | Credit: Meredith Forrest Kulwicki
New York state officials awarded the University at Buffalo $4.5 million to create a research center for improving plastic recycling.
Cascades has invested over 30 million Canadian dollars into developing 100% RPET packaging. | Courtesy of Cascades
A couple of converters have rolled out notable recycled-plastic packaging innovations: an RPET food tray and a label-less RPET bottle.
Investor interest in waste reduction and recycling is rising steadily, according to an investment manager. | Sittipong Phokawattana/Shutterstock
As aspirations for a circular economy continue to gain traction, some financial index providers are urging investors to take notice of what they call an emerging opportunity.
Michigan-based East Jordan Plastics recycles over 20 million pounds of horticultural containers each year. | apple2499/Shutterstock
East Jordan Plastics, one of the largest horticultural container manufacturers in North America, announced it will build a $44 million facility in Lyons, Ga.
The owner and president of US Premium Molders said Berwick was chosen for its easy access to the major interstates and proximity to the metropolitan markets. | SevenMaps/Shutterstock
US Premium Plastics is expanding into the injection molding business and recently signed a lease in Berwick, Pa.
Broken down by scrap type, a study found that bottles, non-bottle rigid plastics and other plastics all saw declines individually in 2020. | TeuNg StyLe/Shutterstock
The U.S. is processing more of its scrap plastic domestically, but the overall weight of plastic recycled in 2020 dropped just under 6% from 2019, according to an annual industry report.
Packaging companies recently announced they will purchase recycled resin produced through ExxonMobil’s chemical recycling technology. | Katherine Welles/Shutterstock
Multiple companies announced they will be increasing their use of chemically recycled plastics in pursuit of their recycled-content goals, and a consumer goods group said it supports chemical recycling.
A presenter at NERC’s Spring Conference encouraged recruitment managers to implement specific practices to reduce bias in hiring decisions. | fizkes/Shutterstock
Diversity, equity and inclusion are no longer add-ons, but a necessary part of any serious company, panelists at the Northeast Recycling Council’s Spring 2022 Conference said.