In the company’s annual report, ADS showed gross profit was over $800 million, up 16% from the previous year. | Leonid Sorokin/Shutterstock
Advanced Drainage Systems, now the largest plastics reclaimer in North America, increased its product sales by nearly 40% last year.
Cedar Poly in Tipson, Iowa was just acquired by UFP Industries. | Cedar Poly website
Recycled-plastic decking manufacturers are responding to strong markets for their products by expanding production capacity, including UFP buying reclaimer Cedar Poly and Fiberon breaking ground on a facility in Tennessee.
A number of prominent names are financing Myplas USA’s first U.S. polyethylene film recycling plant, to be located in Rogers, Minn., outside of Minneapolis. | Joyce Blessthink/Shutterstock
Brand owners and other private and public entities are investing millions of dollars into a plastic reclaimer’s project to build a 170,000-square-foot film recycling facility in the Upper Midwest.
Recycling equipment manufacturer Machinex provided improved sorting technologies for two Pratt single-stream MRFs. | Courtesy of Machinex
Pratt Industries may be primarily focused on recycling fiber into cardboard boxes, but with higher scrap plastics prices, the company also saw a business opportunity in boosting PET and HDPE bottle sorting.
In a session moderated by Roxanne Spiekerman (left), resin markets experts Marcelo Wasem (center) and Joel Morales (right) presented their analysis to attendees at the 2022 Plastics Recycling Conference. | Brian Adams Photo/Resource Recycling, Inc.
Post-consumer HDPE and PP prices have been hot lately, and they’re likely to stay that way given consistently strong demand and relatively slow supply increases, according to one market expert.
GDB in installing additional post-consumer resin processing lines, which will give the company a total production capacity of 80 million pounds per year. | PhilipR/Shutterstock
GDB International is expanding its film recycling capabilities and plans to add more collection points nationwide, betting on increased demand for post-consumer LDPE, LLDPE and HDPE.
Greg Johnson, Evergreen’s general manager of resin and recycling, presents at the Plastics Recycling Conference last week. | Brian Adams Photography
When private equity fund The Sterling Group acquired Evergreen, staff at the PET reclaimer were nervous, Greg Johnson included.
Starlinger and Co. received letters of no-objection for the company’s technologies for recycling HDPE scrap into food-grade post-consumer resin. | Starlinger and Co.
The U.S. FDA green-lighted a process to recycle LLDPE scrap into food packaging, one of several letters the agency issued over the past seven months.
Volatile pricing in resin markets has presented challenges for Advanced Drainage Systems over the past year. | Chris Tennant/Shutterstock
Using recycled plastic is good business for Advanced Drainage Systems, but recent reports and interviews make clear that it’s not always painless.
PlastiCycle’s Nashville facility has two grinding lines and a pelletizing line, which the new Franklin, Ky. facility will also get, in addition to a wash line. | Courtesy of PlastiCycle
Plastics reclaimer PlastiCycle will double its capacity and invest in a wash line as part of a $6 million expansion project.