California lawmakers approved legislation requiring beverage companies to use recycled plastic. If signed, the bill will usher in the first recycled-content law of its kind for plastic bottles in the U.S.
California’s single-use bag ban has been suspended for two months, with the governor citing coronavirus safety concerns. One plastics reclaimer said the move led to an immediate drop in PCR sales.
Reclaimers and other processors across the country are looking to a federal assistance program to help them overcome cash-flow problems sparked by the coronavirus. Some have been successful, but others are running into banking complexities and tapped-out funding.