Phoenix Technologies International kicked off a major PET recycling expansion project right as scrap PET prices tanked. But company leaders aren’t nervous because they are confident in the long-term demand for RPET.
Phoenix Technologies International kicked off a major PET recycling expansion project right as scrap PET prices tanked. But company leaders aren’t nervous because they are confident in the long-term demand for RPET.
Plastics reclaimer Avangard Innovative was chosen to participate in Apple’s business accelerator program, opening further opportunities for Avangard to do business with the tech behemoth.
In collaboration with Procter & Gamble and TerraCycle, Walmart is allowing customers in four states to recycle beauty product packaging in certain stores.
A sharp downturn in bale pricing, a bottled water company’s court victory and other news drew our readers’ clicks last month.
Recent years have seen a steady stream of announcements from chemical recycling operators touting technological breakthroughs. But two industry insiders recently issued a stern reminder to the market: Don’t forget about economics.
Advanced Drainage Systems will spend $65 million on the construction of a 110,000-square-foot engineering and technology center in Hilliard, Ohio.
Several companies partnered on chemical recycling projects, and a commercial-scale plant signed an operations and maintenance contract in advance of it coming on-line in 2023.
PET reclaimer Phoenix Technologies International will double its capacity to produce food-grade RPET, allowing it to produce up to 140 million pounds a year, the company announced.
The majority of Fortune 500 companies are not on track to achieve their packaging sustainability commitments, a reflection of the gap between goals and on-the-ground impacts, Peter Wang Hjemdahl said.