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Carpet producers to end voluntary recycling subsidies

Published: April 29, 2020
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The carpet recycling industry is already facing pressures from low plastics prices, a shift in polymers used in carpet and collection challenges from the coronavirus. | ND700/Shutterstock

Carpet manufacturers are halting their nationwide voluntary subsidy program for carpet recycling, which could push some struggling processors out of business.

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Company launches platform to improve plastics markets

Published: April 29, 2020
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The new Recycling Market Development Platform will highlight companies and connect people with tools and information related to recycling. | TippaPatt/Shutterstock

More Recycling and the American Chemistry Council (ACC) this month announced the Recycling Market Development Platform, a website offering information on recycling and material use to stakeholders throughout the recycling value chain.

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Ocean plastics venture announces first investments

Published: April 29, 2020
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Circulate Capital announced $6 million in funding to recycling companies to prevent marine debris. | Igor Batenev/Shutterstock

Circulate Capital invested $6 million in plastics recycling companies in India and Indonesia, the brand-backed firm’s first outlay designed to prevent marine plastics.

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Plastics processor pivots to manufacture PPE

Published: April 29, 2020
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South Carolina-based recycling company Mumford Industries is helping produce personal protective equipment. | Olena Yakobchuk/Shutterstock

Post-industrial scrap plastic recycling company Mumford Industries is producing emergency ponchos to help protect health care workers from the coronavirus.

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Circulate Capital ready to invest millions in Asia

Published: December 18, 2019
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Circulate Capital’s April Crow (center) at the 2019 Resource Recycling Conference and Trade Show, held in August in New Orleans. | Resource Recycling, Inc./Brian Adams Photography

An ocean plastics prevention fund has $106 million in hand and is gearing up to announce its first investments in Southeast Asian waste management infrastructure.

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Some recycling firms score paycheck loans; others strike out

Published: April 22, 2020
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The $349 billion in initial funding for the Paycheck Protection Program ran out within two weeks. | NIKCOA/Shutterstock

Reclaimers and other processors across the country are looking to a federal assistance program to help them overcome cash-flow problems sparked by the coronavirus. Some have been successful, but others are running into banking complexities and tapped-out funding.

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How much recycled plastic do California bottlers use?

Published: April 22, 2020
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More companies reported selling plastic bottles in California in 2019 compared to the prior year, but so far, slightly fewer said they used recycled plastic. | tezzstock/Shutterstock

Beverage container producers have reported their recycled plastic use in California for 2019. Out of 64 manufacturers, 13 companies said they used recycled plastic.

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COVID-19 damages supply chain for deposit plastic

Published: April 15, 2020
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Eight out of the 10 states with container redemption systems have enacted temporary measures limiting deposit returns in some way. | Karolis Kavolelis/Shutterstock

Stay-at-home orders are hitting container deposit systems hard, leading to significant declines in the volumes of high-quality PET and other recyclables moving to material processors.

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