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Tag Archives: Asia

PP recycling startup signs South Korea joint venture deal

Published: October 25, 2022
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Milliken-PureCycle Technologies recycled PP resin cup.

PureCycle Technologies and Milliken & Company partnered to create a concentrate containing recycled PP and the Millad NX 8000 ECO clarifier. | Courtesy of Milliken and Co.

Plastics and chemicals giant SK geo centric has inked a deal with PureCycle Technologies to build a PP purification and recycling plant in South Korea. 

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Global roundup: New facilities, pollution-reduction partnerships

Published: September 28, 2022
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Globe resting on newspaper.

A number of plastic recycling announcements have been made around the world in recent weeks. | sukiyaki/Shutterstock

From France to Kenya to Thailand, a number of companies are building new facilities, cleaning up waterways and keeping an eye on working conditions. Here’s a roundup of some recent global plastic news. 

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Ocean Conservancy withdraws 2015 ocean plastics report

Published: July 19, 2022
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Marine debris-Molishka-Shutterstock

The Ocean Conservancy has withdrawn its support for incineration as a way to combat plastic pollution. | Molishka/Shutterstock

A top environmental watchdog has rescinded its influential 2015 report, which pointed the finger at Asia for ocean-bound plastic generation and included incineration and waste-to-energy as solutions to pollution.

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Global tensions drive high oil prices

Published: January 26, 2022
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Oil pumps at sunset in Russia.

Oil price movements could put upward price pressure on virgin resin prices, improving the marketability of recycled resins. | ded pixto/Shutterstock

Oil prices are hitting a seven-year high, following tension around the latest COVID-19 variant and Russian pressure on Ukraine.

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Details on Circulate Capital’s Indian plastics investments

Published: December 23, 2020
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Workers at the Dalmia Polypro Industries facility.

Circulate Capital invested in Dalmia Polypro Industries, a plastic bottle recycling company based in Mumbai, India. | Courtesy of Circulate Capital.

The U.S. and Europe have had formal recycling infrastructure in place for decades. That’s not the case in India, where Circulate Capital just invested millions of dollars to boost infrastructure and reduce ocean plastics generation.

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US and Canada approve pact as Basel restrictions near

Published: December 2, 2020
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Canada and U.S. flags fly against a blue sky.

Canada is a major buyer of U.S. scrap plastic, underscoring the significance of the recent agreement. | JHVEPhoto/Shutterstock

New trade restrictions will make it more difficult to ship scrap plastic from the U.S. to most countries next year. But exports to Canada are unlikely to be affected by the policy.

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