Quebec-based Loop Industries is receiving a $56 million equity investment from plastics giant SK Global Chemical to help it grow its PET depolymerization business.
Quebec-based Loop Industries is receiving a $56 million equity investment from plastics giant SK Global Chemical to help it grow its PET depolymerization business.
The government of British Columbia is helping to fund development of a high-precision scrap plastics identification technology, according to the developer.
Nonprofit organizations have drafted a plan for federal spending on recycling infrastructure, and much of the document takes aim at plastics.
The governor of Maine has signed legislation establishing extended producer responsibility for packaging materials in the state. It’s the first bill of its kind to become law in the U.S.
A major industry group is urging Congress to adopt a national recycled plastic standard, facilitate “rapid scaling” of the chemical recycling sector, and more.
Sellers of recycled plastics have continued to enjoy strong markets, with virtually all grades seeing value boosts from June to July.
Shortly after barring recovered PE from import into the country, Turkey’s government has repealed the ban and implemented an enhanced licensing system instead.