Equipment in CarbonLite’s Dallas PET recycling facility. Indorama Ventures submitted the high bid to acquire the plant during an auction this week.
As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
U.S. exports of scrap plastics increased in the first quarter of 2021, with Malaysia as the largest overseas destination. | WWK Photography / Shutterstock
Recovered plastic exports from the U.S. were up in the first three months of 2021 compared with the prior year. Canada brought in nearly a third of all exported material.
The Circular Plastics Fund will target both post-consumer and post-industrial PE and PP in the U.S. and Canada. | Gajus / Shutterstock
Dow, LyondellBasell and Nova Chemicals will invest at least $25 million in plastics recycling infrastructure, with a longer-term goal of growing the initiative to $100 million. Continue Reading
ISRI’s adopted position comes as environmental justice is a growing topic of discussion within the recycling sector. | thirawatana phaisalratana / Shutterstock
The Institute of Scrap Recycling Industries recently affirmed its support for the “broad objectives” of the environmental justice movement, including equitable treatment for all people, positive contribution to surrounding communities, and more.
U.S. exporters shipped 2.9 million pounds of scrap PE to Turkey in the first quarter of 2021. | Kachor Valentyna / Shutterstock
The Turkish government this month announced it will end imports of recovered PE. The country is currently the 10th largest importer of the material from the U.S.
A new report implies the necessary funding will require efforts from all industry stakeholders. | Johnny Habell / Shutterstock
The Recycling Partnership says $17 billion in funding for the domestic residential recycling sector could increase the national recycling rate to nearly 70%.
End users in the decking and insulation markets reported using more recycled content in 2020. | saravutpics / Shutterstock
Composite decking producer Azek leveraged more recycled material in its 2020 fiscal year, and insulation manufacturer Kingspan reported that it’s now taking in RPET.
More products could be added into the recycled plastic mandate in the future. | Lisa von Biela / Shutterstock
Washington state has enacted a law requiring post-consumer recycled plastic be included in beverage containers, trash bags and some household products.
Through the partnership in Erie, app users will be able to schedule on-demand curbside plastics collection. | Real_life_Studio / Shutterstock
International Recycling Group, a company that’s developing a massive plastics sorting facility, inked a deal to offer on-demand curbside recycling of virtually all plastics.