Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.
Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.
Nestlé Waters North America is betting that it can connect with consumers over the long term by using high levels of recovered material.
Readers last month were drawn to a variety of news articles, including those covering international trade, updates from a PET reclaimer, investments in recycling companies and introduced legislation.
Far Eastern New Century this week bought Phoenix Technologies, marking the latest instance of a large plastics manufacturer deepening its stake in U.S. recycling.
A pair of California bills taking aim at single-use plastic packaging are getting close to the governor’s desk.
A European panel approved the use of two technologies to recycle post-consumer PET into food and drink packaging, but it rejected a third application, citing inadequate decontamination testing.
The latest size-reduction system from Cumberland offers energy savings alongside quality improvement.
Extruder and optical sorter innovations are celebrated in Europe, and a gasification process is used to recycle mixed plastics into a cellulose-based plastic that can replace ABS.
One of the world’s largest consumer packaged goods companies will roll out a black plastic HDPE bottle that near-infrared sorters can identify.
The U.S. government is using the power of the federal purse to help boost recycling infrastructure in Asia.