Fire crews have extinguished a blaze at a recycled plastics facility in West Virginia that burned for more than a week, shutting down businesses, government offices and schools.
A trucking company connected to KW Plastics will pay more than $3 million in a settlement with the federal government. The case stems from improper transport of hazardous material to a KW recycling facility in California.
PET reclaimer Loop Industries has settled a longstanding lawsuit concerning the company’s stock. Meanwhile, the business recently sold millions of dollars worth of stock to an unnamed institutional investor.
A plastics manufacturer falsely claimed recycled-content products were made from virgin resin as part of a wider scheme to defraud customers and investors, federal regulators said this week.