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Why Phoenix is bullish on RPET despite latest pricing

Published: September 8, 2022
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PET flake with PET bottle.

Estimated to cost between $30 million and $40 million, Phoenix’s project includes constructing a 70,000-square-foot building on the site of its original Bowling Green, Ohio campus. | Korn9/Shutterstock

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. 

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Apple selects reclaimer for business-boosting program

Published: September 8, 2022
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Rick Perez of Avangard Innovative

Rick Perez, CEO of Avangard Innovative, a plastics recycling business that joined the second class of Apple’s Impact Accelerator program. | Courtesy of Avangard Innovative

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. 

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Walmart offering in-store recycling for beauty products

Published: September 8, 2022
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Walmart beauty products aisle with cart and shopper.

A collaboration will bring recycling collection for certain health and beauty products to 25 Walmart stores in four U.S. states. | Chanandra Ramsurrun/Shutterstock

In collaboration with Procter & Gamble and TerraCycle, Walmart is allowing customers in four states to recycle beauty product packaging in certain stores.

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Our top stories from August 2022

Published: September 8, 2022
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Different beverage containers, metal, glass and plastic.

News that researchers found that plastics can offer lower greenhouse gas emissions than substitutes in a number of use cases was of interest to readers last month. | VanderWolf/Shutterstock

A sharp downturn in bale pricing, a bottled water company’s court victory and other news drew our readers’ clicks last month.

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When assessing chemical recycling, ‘follow the money’

Published: August 31, 2022
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Eric Hartz speaks on stage at the 2022 Resource Recycling Conference.

Eric Hartz (center) spoke on a panel with Kate Bailey (right) at the 2022 Resource Recycling Conference. The session was moderated by Sarah Edwards (left). | Big Wave Productions/Resource Recycling, Inc.

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.

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ADS to build $65 million technology center

Published: August 31, 2022
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Rendering of the upcoming ADS Engineering and Technology Center.

The ADS facility will have a product development lab that will include areas to prepare product samples for testing, a fabrication lab to develop prototype parts, and more. | Courtesy of ADS

Advanced Drainage Systems will spend $65 million on the construction of a 110,000-square-foot engineering and technology center in Hilliard, Ohio.

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Chemical recycling roundup: New plant, partnerships

Published: August 31, 2022
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Close up of foamed polystyrene.

TruStyrenyx, a collaboration between Agilyx and Technip Energies, combines pyrolysis and purification technologies to create a recycled styrene monomer with high purity. | XXLPhoto/Shutterstock

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.

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Firm moves brands’ dollars into collection infrastructure

Published: August 31, 2022
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RePurpose Global workers recycling plastics.

RePurpose Global is currently working with over 250 businesses around the world to reduce their plastic impacts through an offset credit system. | Courtesy of RePurpose Global

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.

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