The U.S. Securities and Exchange Commission (SEC) is investigating PureCycle’s statements related to its recycling technology, financial projections, key supply agreements and management. | DCStockPhotography/Shutterstock
Even as it signs offtake agreements with major companies, PP recycling startup PureCycle Technologies continues to be dogged by legal and regulatory troubles.
News around PCR use among major global brands was of interest to readers last month. | Konektus Photo/Shutterstock
A mix of articles covering recycling rates, brand owner actions, a legal settlement and more drew ample clicks last month.
Unilever reported a 6-percentage-point increase in its post-consumer resin usage in 2020, outpacing most other large brand owners. | Konektus Photo/Shutterstock
Global packaged goods companies disclosed their post-consumer resin usage for 2020, and most of the biggies reported purchasing more recycled plastic than the year before.
Post-consumer plastic values are down nearly across-the-board this month, with materials recovery facilities reporting a particularly steep drop in HDPE pricing.
