Prices for natural HDPE bales have remained at record highs this month, but color HDPE bale prices have fallen.
Prices for natural HDPE bales have remained at record highs this month, but color HDPE bale prices have fallen.
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.
Prices for curbside natural high-density polyethylene have climbed even higher over the past month.
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.
Post-consumer plastic makes up about 0.5% of Indorama’s resin offerings. | Joyce Blessthink/Shutterstock
Virgin resin producers Borealis and Indorama have made ambitious recycled plastic commitments, but post-consumer plastic still makes up a tiny fraction of what they sell.
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
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
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