The Closed Loop Partners investment will finance Reterra’s move into its recently acquired facility and will help fund equipment purchases. | Natee Meepian/Shutterstock
Closed Loop Partners will invest $2 million in a Houston chemical recycling company that processes PET residue generated by mechanical recycling operations.
Department of Energy grants are available to advance energy-efficient recycling processes. | cwales/Shutterstock
The U.S. Department of Energy will provide up to $25 million for the development of efficiently recycled polymers and improved recycling processes.
News that packaging manufacturer Direct Pack has acquired a Mexico-headquartered recycling operation drew attention last month. | Courtesy of Direct Pack.
Industry impacts from the coronavirus outbreak, funding opportunities and thermoform processing drew readers’ attention last month.
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The Association of Plastic Recyclers will endorse third-party PCR certification and the American Chemistry Council released principles for mass balance accounting of recycled content. | Praethip Docekalova/Shutterstock
Consumers may want products with recycled plastic, but how can they trust the items contain post-consumer material? Two industry groups have taken steps to answer that question.
The new law prohibits stores from giving out single-use bags and places an 8-cent fee on paper or reusable plastic bags. | Natalie Board/Shutterstock
Washington state will ban thin plastic bags and require thicker film bags to be made with post-consumer plastic.
Regulatory changes, and an overall sense of uncertainty, are playing into difficulty moving scrap materials abroad. | 28 November Studio/Shutterstock
Overseas markets for recovered plastic, including Malaysia and India, are experiencing disruption as governments enact widespread restrictions and close ports in response to the coronavirus pandemic.
Carpet America Recovery Effort (CARE) will boost subsidies to help keep California carpet recycling companies afloat. | ND700/Shutterstock
A stewardship group is boosting subsidies for California’s carpet recycling companies, which have been hit with a double whammy of coronavirus impacts and low virgin plastic prices.
The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act includes $377 billion for small businesses. | ItzaVU/Shutterstock
The bipartisan stimulus bill signed into law by President Trump last week includes hundreds of billions of dollars in assistance to companies with fewer than 500 employees.
In communities around the country, recycling programs are limiting the materials they collect, altering service hours or shutting down altogether. | Oksana Shturo/Shutterstock
Recycling programs nationwide have curtailed service due to the coronavirus pandemic, potentially hampering the supply of scrap plastics moving to reclaimers in the weeks to come.
Tangent Technologies announced that it acquired Bedford Technology in late February. | YP photographer/Shutterstock
A company that recycles HDPE into composite lumber has acquired another manufacturer in the same space.