North Carolina-based Plastic Revolutions is expanding to separate certain resins from mixed plastic bales, a response to growing supply as China’s import policies take hold.
LyondellBasell, one of biggest plastic and chemical companies on the planet, has stepped into the plastics recycling sector for the first time. A high-level executive recently explained what drove the decision.
A $20 million New Jersey plastics recycling facility is in development, and project leaders say it will process roughly 100 million pounds of scrap plastics per year for sale into a variety of end markets.
Scrap plastic exported out of the U.S. is moving to Southeast Asia, where reclaimers are dramatically increasing purchases as China closes its doors to recovered materials. New figures illustrate that shift.