Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.
Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.
One of the world’s largest consumer packaged goods companies will roll out a black plastic HDPE bottle that near-infrared sorters can identify.
Five plastics recycling projects will take in a total of $11.7 million in California state grants. The awarded companies are targeting scrap plastic from a variety of sources.
Researchers have found a way to convert post-consumer LDPE and HDPE into energy-storing carbon that can be used in batteries.
In coming years, recycled PET and polyolefins will likely have to continue competing with cheap virgin plastics. But scrap markets will also be impacted by uncertain government policies and brand owner decisions.
The U.S. Food and Drug Administration gave a New England plastics reclaimer the thumbs up to recycle a polyolefin blend for use in cutlery and food packaging.
Intuition says making products from recycled plastic is better for the environment than using virgin plastic. A recent study puts hard numbers to that understanding.
Envision Plastics has had success integrating marine plastics into the supply chain. But if more brand owners don’t step up to purchase the material, the whole effort may have to scale back, an executive at the reclaimer said.
Fiberon, a major end user for recovered PE, will be purchased by a publicly traded company that owns prominent home and security product brands.
Film collected by retailers could be recycled into a number of additional product types, but contamination will likely stifle end-market potential for curbside material, a report concludes.