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Tag Archives: markets

Amcor signs PCR offtake deal with ExxonMobil

Published: December 6, 2022
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Amcor and ExxonMobil leaders sign an agreement.

Michael Zamora, senior vice president of Product Solutions at ExxonMobil, and Ron Delia, CEO at Amcor, signed the agreement, through which ExxonMobil will sell increasing amounts of recycled resin each year to Amcor. | Courtesy of Amcor

One of the world’s largest packaging producers, Amcor, has signed a deal to buy huge amounts of chemically recycled resin from one of the world’s largest plastics producers, ExxonMobil. 

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US scrap plastic exports continue to fall

Published: November 15, 2022
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Stacked cargo containers on a ship.

The U.S. exported about 737 million pounds of scrap plastic over the course of the first three quarters of 2022. | Sheila Fitzgerald/Shutterstock

U.S. companies exported about 22% less scrap plastic during the first nine months of this year, continuing a trend of decreased overseas shipments.

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The details on LyondellBasell and Envision’s supply deal

Published: November 8, 2022
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Set of plastic containers with colorful liquid isolated on white background.

The partnership between the two companies will help LyondellBasell work toward its goal of marketing 2 million metric tons of recycled and renewable-based polymers annually by 2030. | Courtesy of LyondellBasell

LyondellBasell will buy food-grade post-consumer natural HDPE from Envision Plastics and incorporate that PCR into various blends for sale to packaging producers. 

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Study explores California’s LDPE recycling capacity, access

Published: November 15, 2022
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Polyethylene film collected for recycling.

The aims of the study were to document consumer access to recycling for LDPE film and flexible packaging within California, including store and municipal drop-off and MRF collection, and determine film quantity and quality. | artgray/Shutterstock

Recent research found that the average Californian has to drive for 6.2 minutes to reach their nearest PE film recycling location, and that store drop-off programs collect over 8,700 tons of the material each year. 

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When assessing chemical recycling, ‘follow the money’

Published: August 31, 2022
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Eric Hartz speaks on stage at the 2022 Resource Recycling Conference.

Eric Hartz (center) spoke on a panel with Kate Bailey (right) at the 2022 Resource Recycling Conference. The session was moderated by Sarah Edwards (left). | Big Wave Productions/Resource Recycling, Inc.

Recent years have seen a steady stream of announcements from chemical recycling operators touting technological breakthroughs. But two industry insiders recently issued a stern reminder to the market: Don’t forget about economics.

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End users react to turbulent recycled plastic prices

Published: August 24, 2022
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Stacked bales of PET for recycling.

Recovered plastic end users Unifi and Greystone Logistics reported on increased profits recently. | Warut Chinsai/Shutterstock

Greystone Logistics is installing shredding and pelletizing equipment so it can purchase more lower-cost scrap polyethylene, as opposed to recycled resin. And Unifi is opportunistically buying PET bottle bales while it works to pass feedstock cost increases on to buyers of its recycled polyester.

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