A Florida man who led investors to believe his company had proprietary EPS recycling technology has been sentenced to prison for defrauding investors in that venture and a handful of others.
The world’s largest e-commerce company will pay $1.5 million to settle allegations it broke California law on the marketing of plastics as “biodegradable” or “compostable.”
A California bill mandating that carpet stewards achieve a 24 percent recycling rate continues to advance in the legislature. Meanwhile, carpet makers are sticking with their beleaguered stewardship group, instead of submitting alternative collection and recycling plans.
Restaurant owners and EPS industry stakeholders have sued New York City over its plans to ban foam polystyrene from use in food-service establishments. It’s the latest move in a deja vu cycle that has gone on for more than four years.
A defunct foam polystyrene recycling company has appealed its antitrust case against EPS product manufacturers to the U.S. Supreme Court. Those converters are now urging the court to ignore the appeal.
A freight forwarding company has filed a lawsuit against a recyclables exporter, demanding to be reimbursed for tens of thousands of dollars in charges that accrued when cargo containers were left unclaimed at a Chinese port.
A Massachusetts-based recycling firm has filed a lawsuit in federal court alleging that five large plastics companies and the American Chemistry Council have illegally conspired against the company, resulting in harm to its business. Continue Reading