Indorama Ventures is moving into the commercial stage of a project in which post-consumer PET trays are recycled into flake used in food packaging.
Indorama Ventures is moving into the commercial stage of a project in which post-consumer PET trays are recycled into flake used in food packaging.
A recent report on plastic recycling rates from The Last Beach Clean Up and Beyond Plastics has attracted the attention of several large news outlets and the mainstream public, but industry leaders said the data is misleading and counter-productive.
PET recycling startup Loop Industries agreed to pay millions of dollars to settle a lawsuit from investors, and regulators have ended their investigation of PP recycling startup PureCycle Technologies without taking further action.
A couple of converters have rolled out notable recycled-plastic packaging innovations: an RPET food tray and a label-less RPET bottle.
Pratt Industries may be primarily focused on recycling fiber into cardboard boxes, but with higher scrap plastics prices, the company also saw a business opportunity in boosting PET and HDPE bottle sorting.
This story has been corrected.
Numbers for 2021 show some big beverage brands were ahead of the game when it comes to complying with California’s recycled-content law, including BlueTriton Brands, Coca-Cola Co. and PepsiCo. Others remained far short of the targets set by the state.
A report from Independent Commodity Intelligence Services found that there’s not enough post-consumer resin in the U.S. market to meet California’s mandates, and there are more state mandates coming on-line soon.
Post-consumer HDPE and PP prices have been hot lately, and they’re likely to stay that way given consistently strong demand and relatively slow supply increases, according to one market expert.
Chasing its sustainability goals, global PET producer Indorama is going to spend $8 billion over the next eight years to help scale up chemically recycled and bio-based plastics.
When private equity fund The Sterling Group acquired Evergreen, staff at the PET reclaimer were nervous, Greg Johnson included.