Greg Johnson, Evergreen’s general manager of resin and recycling, presents at the Plastics Recycling Conference last week. | Brian Adams Photography
When private equity fund The Sterling Group acquired Evergreen, staff at the PET reclaimer were nervous, Greg Johnson included.
According to a national pricing index, the value of scrap PET, color HDPE and PP bales all surged of late, with increases in the double-digit percentages.
Trex reported total sales revenues of $1.2 billion last year, up 36% from the year before. | Vojtaz/Shutterstock
Trex, which recycles over 350 million pounds of PE film scrap a year, dramatically boosted its sales and profits in 2021.
EFS-plastics will open a second facility to expand recycling capacity while keeping the company’s carbon footprint as low as possible. | Courtesy of EFS-plastics
Driven by demand for polypropylene and polyethylene, plastics recycler EFS-plastics is opening a processing site in Lethbridge, Alberta.
Plastics being handled at Republic Services’ existing materials recovery facility (MRF) in North Las Vegas, Nev. The company’s Polymer Center will be sited seven miles from the MRF. | Courtesy of Republic Services
North America’s second-largest hauler and recycling processor is constructing a facility in Las Vegas that will produce recycled PET flake and provide a deeper sort of recovered olefins.
Volatile pricing in resin markets has presented challenges for Advanced Drainage Systems over the past year. | Chris Tennant/Shutterstock
Using recycled plastic is good business for Advanced Drainage Systems, but recent reports and interviews make clear that it’s not always painless.
February has brought substantial price increases for curbside PET and PP, with both up by double-digit percentages.
Every 1,000 square feet of Everboard prevents about 1 ton of mixed paper-plastic from going to landfill. | Courtesy of Continuus
Within three years, Waste Management could be sending 150,000 tons of mixed paper and plastic each year to a factory that will recycle the otherwise-landfill-bound material into a high-quality roofing board.
The Closed Loop Local Recycling Fund will help finance facilities that are modular and much smaller than a traditional facility, with a cost between $1 million and $2 million. | Courtesy of Revolution Recycling at Twin, Steamboat Springs, Colo.
A $35 million investment from PepsiCo Beverages North America will help Closed Loop Partners reach more people living in recycling deserts.
The expansion will add up to 50 jobs to Padnos’ Wyoming, Mich. plastics recycling plant. | SevenMaps/Shutterstock
More ocean-bound plastics will be recycled in Michigan after Padnos decided to expand its plastics recycling plant, a $6.6 million project.
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