Plastics producers rolling out chemical recycling technologies can access new feedstock streams by helping to finance secondary sortation facilities, according to a McKinsey study.
Global plastics producers will invest about $100 million in a plastic scrap sorting facility to generate feedstock for both mechanical and chemical recycling processes.
A Canadian group’s study of Digimarc Recycle’s digital watermark showed that it does in fact improve accuracy for sorting flexible plastic packaging.
TerraCycle US continued to rake in more money from companies paying it to operate mail-in recycling programs, but it incurred steeper losses doing the actual recycling of plastic and other materials.
New York is close to becoming the second state to require producers to fund carpet collection and recycling. Meanwhile, California regulators approved carpet fees that vary based on recycled content.
Within three years, Waste Management could be sending 150,000 tons of mixed paper and plastic each year to a factory that will recycle the otherwise-landfill-bound material into a high-quality roofing board.