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Tag Archives: markets

Citing markets, Trex to delay Arkansas campus completion

Published: March 6, 2023
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Trex Facilities

Facing sluggish sales of its plastic-wood composite lumber, Trex will hold off on construction until at least 2026. | Courtesy of Trex

One of North America’s largest polyethylene film recycling companies is pushing back the expected opening year for its third recycling and composite lumber production campus. Continue Reading

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Big resin users see product sales fall

Published: February 7, 2023
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Advanced Drainage Systems (ADS) recycles over half a billion pounds of plastics, including a large portion of the color HDPE produced by U.S. recycling programs, into pipes, septic systems and other water-management products. | Courtesy of ADS

Economic conditions are taking their toll on two huge end users of recycled plastic, Advanced Drainage Systems and Unifi. Continue Reading

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Major PET recycler reports worsening carpet sales

Published: January 18, 2023
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Calhoun, Ga.-based Mohawk Industries attributes weak demand for carpet to interest rate increases, high inflation and reduced consumer confidence in the U.S. and Europe. | Casimiro PT/Shutterstock

Flooring market conditions have worsened faster than Mohawk Industries expected, leading to longer-than-anticipated idling of its carpet factories, the company announced. Continue Reading

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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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