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Tag Archives: markets

Plastics-to-fuel facility to take in e-plastics

Published: January 8, 2020
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The development of a new domestic e-plastics outlet comes at a time of market turbulence for the low-value materials. | KPixMining/Shutterstock

An Indiana plastics processing operation will consume roughly 40 million pounds of plastic from e-scrap and other products annually. Brightmark Energy plans to start up the facility in mid-2020.

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Virgin plastic giant acquires US PET reclaimer

Published: December 4, 2019
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Plastic flake with baled plastic in background.

Indorama has stated it will invest more than $1 billion in recycling over the next five years. | RecycleMan/Shutterstock

Indorama Ventures, the world’s biggest prime PET producer, has acquired another U.S. plastics recycling company, this time on the West Coast.

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Three plastic scrap end users report finances

Published: November 5, 2019
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Workers examine financial documents on a desk.

Three U.S. manufacturers that use large amounts of recovered PET, PE film and HDPE recently reported their quarterly financial results. | Freedomz/Shutterstock

Unifi, Trex and Greystone Logistics, U.S. manufacturers that use large amounts of recycled plastic, recently released their quarterly results. Unifi and Trex reported income growth. Continue Reading

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Plastics collectors continue to feel market pain

Published: November 12, 2019
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Waste Management, which collected and sold nearly 700 million pounds of scrap plastics last year, experience a 27% year-over-year drop in third-quarter recycling revenues.  | rblfmr/Shutterstock

Depressed commodity markets continue to slash recycling revenues for the companies that collect, sort and sell curbside plastics. Continue Reading

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Thermoform recycling operation coming to California

Published: November 6, 2019
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Green Impact Plastics will build a PET thermoform processing facility in California after reclaimer rPlanet Earth agreed to buy its output. | Courtesy of Green Impact Plastics

A Mexican company that developed a system to process post-consumer PET thermoforms will open a $7 million plant in the Los Angeles area. It’s now on the hunt for thermoform bales. Continue Reading

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