North American reclaimer EFS-plastics has acquired a plastic products manufacturer, a move the companies say will increase their recycling and production capacity.
The Alliance to End Plastic Waste will provide a low-interest loan to fund the expansion of a company that recycles low-grade plastics into an aggregate used in concrete products.
Firstar Fiber is receiving a loan from the Alliance to End Plastic Waste that will help the processor convert hard-to-recycle plastics into building materials, all within the confines of the sortation site.
A nonprofit environmental organization is suing TerraCycle and several major brands, saying the companies are misleading consumers about the recyclability of their products through mail-in collection programs. TerraCycle’s CEO discussed the company’s labeling in an interview.
Science Magazine has published a special edition covering various facets of the global plastic pollution problem. Articles touch on efforts to reduce the amount of material ending up in the environment as well as advancements (and shortcomings) in recycling.
International Recycling Group hopes to finish financing a $150 million plastics recovery facility by the end of the year, with the massive plant scheduled to come on-line in 2023.
Brightmark this week announced it will build a second facility bringing in mixed plastics for chemical recycling. To be located in Georgia, the plant will have a processing capacity of 800 million pounds per year.
Coronavirus-related closures hurt financial performance for TerraCycle US last year, but increased profitability in the company’s Zero Waste Boxes business helped buffer the impacts.