The 2024 Impact Report says $5 billion in materials stayed in circulation, avoiding 25.2 million metric tons of emissions across the Closed Loop portfolio. | Chay Tee/Shutterstock
Closed Loop Partners investments and portfolio companies have helped keep more than $5 billion worth of materials and products in circulation since the firm was founded, according to its newly released 2024 Impact Report.
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Denton Plastics recently broke ground on a $2 million Oregon expansion to double PP recycling capacity, boost sorting technology and meet Recycling Modernization Act goals. | Photo courtesy Denton Plastics
Denton Plastics has broken ground on a major expansion of its polypropylene recycling operations in Oregon, a move hailed as both strategic and timely amid the state’s evolving recycling landscape. Continue Reading
Foreign trade partners see risk as well as opportunity amid tariff-related chaos, market sources said. | Alones/Shutterstock
This story has been corrected.
Post-consumer plastics bales are defying typical springtime trends, with average pricing in May reported flat-to-softer on the month as the peak summer season nears. Continue Reading
Trex’s recycled plastic processing operation in Arkansas began production late in the first quarter. | Photo Courtesy of Trex
Pressures from tariffs and consumer spending slowdowns have contributed to lower revenues year over year at Trex, Mohawk and Indorama, according to their recent first-quarter reports.
Winter weather and tariffs were top of mind for five of the largest publicly traded garbage and recycling companies in North America in the first quarter of the year. | Republic Services
Bad weather in parts of the country weighed on leading recycling companies’ first-quarter earnings, their leaders said, but overall they saw revenue increases. Continue Reading
The Mamba Board line features composite boards made from recycled e-plastics. | Courtesy of RePolyTex
E-plastics processor Synergy Electronics Recycling and its subsidiary, RePolyTex, have expanded their product line of composite boards made with recycled e-plastics and recently earned recognition from the Carolina Recycling Association. Continue Reading
The two chemical majors remain optimistic on demand for recycled polymers, while slowing plans for new U.S. capacity. | Rene Notenbomer/Shutterstock
Two U.S.-based chemical companies discussed upcoming recycling projects during recent earnings calls, expressing optimism despite persistent economic uncertainty and potential administrative hurdles.
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Smartphones and laptops are exempt from U.S. tariffs targeting Chinese imports, but other goods are currently subject to 145% in duties. | Metamorworks/Shutterstock
Country-specific “reciprocal” tariffs have been pushed out until July, but a universal base rate tariff rolled out last week, which covers all countries, and earlier metals tariffs remain in effect. Meanwhile, an all-out trade war between the U.S. and China is intensifying. Continue Reading
Although recent tariffs may exclude resin shipments, market players are seeing no shortage of confusion and consternation. | AlexKol Photography/Shutterstock
After many weeks of shifting narratives and uncertainty, participants in recycled polymer markets are working to navigate the new tariff environment, in which buyers and sellers as well as customs officials struggle to align federal mandates with on-the-ground implementation. Continue Reading