Unifi identified a number of factors that accounted for lower profits last fiscal year. | Recycle Man/Shutterstock
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.
Dow has a goal of incorporating at least 100,000 metric tons of recycled plastics into its product offerings sold in the European Union by 2025. | Richard Frazier/Shutterstock
Dow has become the latest virgin plastics company to announce it will offer products derived from a chemical recycling technology.
Indorama Ventures plans to make significant investments in its recycled PET production capabilities. | Kwangmoozaa/Shutterstock
Citing the need to meet rising demand in the near future, plastics producer Indorama is investing $1 billion in its recycling division.
Ohio lawmakers recently passed a bill codifying a number of definitions related to chemical recycling. | Paul Brady Photography/Shutterstock
The sixth- and seventh-largest states in the country recently approved legislation that could help operators using pyrolysis and other technologies.
A Carton Council survey found 44% of respondents simply don’t believe their recyclables are being recycled. | siam.pukkato/Shutterstock
Industry-wide challenges are causing recycling-related skepticism among the public. But that’s not leading consumers to stop recycling, according to a recent survey.
During the first six months of 2019, India brought in 156 million pounds of U.S. scrap plastics. | Avigator Fortuner/Shutterstock
Recovered plastic has largely stopped flowing from the U.S. into India, which until recently has been among the top importers of the material.
PET and HDPE bales are fetching lower prices than they were a month ago, but PP and high-grade film have shown stability.
Low prices for key commodities have, in some cases, led to the removal of plastics from curbside recycling programs. | Johnny Habell/Shutterstock
North America’s largest companies collecting, sorting and selling curbside plastics continue to feel the pain of low commodity prices.
Keurig Dr Pepper says it will make all K-Cup coffee pods in the U.S. recyclable by 2020. | Jonathan Weiss/Shutterstock
Keurig Dr Pepper announced its goal of using 30% post-consumer content across its packaging portfolio by 2025.
Coca-Cola has a goal to make its bottles and cans with an average of 50% recycled material by 2030. | Sundry Photography/Shutterstock
Coca-Cola will use recycled PET and plant-derived plastic in a Dasani water bottle, creating a package known as the “HybridBottle.” The move is one of several recycling-related changes being rolled out.