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Novolex to acquire Pactiv Evergreen for $6.7B

Published: December 11, 2024
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With the acquisition, Pactiv Evergreen will become privately held, and the combined company will have operations throughout North America. | Retan/Shutterstock

In the latest industry consolidation news, packaging producer Novolex will acquire Pactiv Evergreen for $6.7 billion, with the deal expected to close in mid-2025. Continue Reading

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Maine board green-lights EPR rules

Published: December 11, 2024
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Under Maine’s EPR program, signed into law in 2021, producers directly reimburse municipalities for collection and recycling of materials. | Yurii Prohonnyi/Shutterstock

Maine approved rules for its extended producer responsibility law for packaging, three years after becoming the first state to pass packaging EPR.  Continue Reading

Top stories from November 2024

Published: December 11, 2024
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Amcor company logo on building exterior.

360b/Shutterstock

A major packaging merger, global plastic treaty negotiations, U.S. election analysis and a court ruling favoring brand owners were among the topics that drew reader interest in November.

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Vinyl industry reports flat recycling figures

Published: December 11, 2024
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The Vinyl Sustainability Council reported an annual estimated North American PVC recycling figure of 1.1 billion pounds, which includes both post-industrial and post-consumer. | Warin Keawchookul/Shutterstock

Plastics recycling firms continue to process about 958 million pounds of post-industrial PVC and 142 million pounds of post-consumer, non-packaging PVC each year, together accounting for an estimated 27% of annual North American PVC waste generation, the Vinyl Sustainability Council said this week. Continue Reading

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Industry views are mixed as tariff threat looms

Published: December 11, 2024
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PET bales stacked for recycling.

Effects from proposed tariffs against Mexico and Canada could include market consolidation favoring larger firms that can absorb added costs. | Menzl_Guenter/Shutterstock

Editor’s Note: This is the second in a two-part series taking a closer look at the potential effects of threatened tariffs on recycled commodity markets. Read the previous installment here, on what trade flows are most likely to be affected. Continue Reading

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Oregon finalizes EPR rulemaking, PRO submits plan

Published: December 11, 2024
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Oregon state capitol building.

The third iteration of Oregon’s program plan had more accurate cost estimates, after Circular Action Alliance carried out a costing survey over the summer. | Nadia Yong/Shutterstock

Oregon moved its rulemaking process ahead for its extended producer responsibility for packaging law set to roll out next summer, and Circular Action Alliance also released its third program plan draft.  Continue Reading

Coca-Cola ‘evolves’ sustainability goals, timelines

Published: December 4, 2024
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Coca Cola bottles wrapped in plastic at a wholesale market.

The Coca‑Cola Company eliminated its goals around reusable packaging and virgin plastic reduction. | StudioPortoSabbia/Shutterstock

The Coca‑Cola Company has rolled back its voluntary sustainability goals, decreasing some and eliminating others, following the growing number of big brands announcing they will not meet often-ambitious 2025 or 2030 targets. 

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Global treaty talks extended after hitting typical roadblocks

Published: December 4, 2024
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On Nov. 27, the Indigenous Peoples’ Forum on Plastics demanded the right to speak at plenary sessions, after being denied the usual time allotted for civil society members to share their views. | Kiara Worth/International Institute for Sustainable Development

Negotiations for a global, legally-binding treaty to address plastic pollution will spill over into another meeting, but participants noted the need for a seismic shift to reach the finish line after a fifth round of United Nations negotiations splintered along similar lines as the last four. 

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