The U.S. exported 1.3 billion fewer pounds of scrap plastic in 2018 than the year before, new figures show, representing a 35 percent decrease.
Now Plastics, a global film and aluminum foil supplier, is now offering packaging companies films made with post-consumer PET.
Americas Styrenics’ Jon Timbers, left, talks during the opening session of the 2019 Plastics Recycling Conference and Trade Show.
Executives from large resin makers say circular economy principles are key to their companies’ long-term viability. Putting such a strategy into action will be no easy task, however.
The price of post-consumer natural HDPE tumbled by 23 percent over the past month, putting the value below what it was a year ago. Other key curbside plastics have shown recent stability.
This story has been updated.
The Indian government says it will ban scrap plastic imports, a move that threatens to further disrupt the U.S. recycling industry by closing a growing market.
Eyeing material from manufacturers in the Southeastern United States, Ontario-based Kal-Polymers has purchased a recycling and compounding operation in Georgia.
PET reclaimer Loop Industries has settled a longstanding lawsuit concerning the company’s stock. Meanwhile, the business recently sold millions of dollars worth of stock to an unnamed institutional investor.
Stories about emerging outlets for mixed plastics dominated our readers’ attention last month.
Resource Recycling, Inc., which produces a number of recycling trade publications and conferences, has been acquired by the Association of Plastic Recyclers.
