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Tag Archives: PET

CarbonLite facility to be auctioned in bankruptcy case

Published: May 5, 2021
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CarbonLite's Reading, Pa. facility exterior at night.

The CarbonLite facility in Reading, Pa. is scheduled to be sold at auction this month. | CarbonLite

The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.

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Ohio PET reclaimer begins $22 million expansion

Published: April 22, 2021
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View of the Evergreen facility in Ohio.

The Evergreen facility in Ohio will expand and increase production of food-grade RPET. | Courtesy of Evergreen

Evergreen has launched a project to double its food-grade RPET capacity to 80 million pounds per year. A company leader noted the initiative harnesses “the latest and greatest technology.”

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Global companies make recycled plastic moves

Published: April 14, 2021
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Selection of recycled-content plastic products from Tupperware Brands Corporation

Eastman is now supplying its Tritan Renew brand recycled resin to Tupperware Brands Corporation, which is using it to produce containers. | Courtesy of Tupperware Brands Corporation.

Three virgin plastics producers expand their recycled-resin offerings, and a chemically recycled copolyester finds a home in Tupperware food and drink containers.

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Attractive innovation: Magnets help on bottle recycling obstacle

Published: February 18, 2020
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As part of the pilot project, Magnomer’s magnetizable inks were printed on shrink labels in collaboration with American Fuji Seal. | Courtesy of Magnomer

A startup that supplies an ink allowing shrink sleeve labels to be separated from PET flakes with a magnet has successfully completed early testing of the innovation.

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CarbonLite files for Chapter 11 bankruptcy

Published: March 8, 2021
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CarbonLite Facility exterior with California and U.S. flags.

CarbonLite operates recycling facilities that bring in PET bales from deposit and curbside sources.

PET recycling firm CarbonLite and a subsidiary this week filed for bankruptcy, indicating the company plans to reorganize and continue operating. A company leader said market strife and COVID-19 impacts led to the decision.

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Recycled resin buyers report boosted profits

Published: February 10, 2021
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Working at a desk with business documents and a calculator.

Recycled-plastic consumer Unifi’s profitability increased substantially during the fourth quarter. | Elle Aon/Shutterstock

Two large manufacturers of recycled-plastic products – Unifi and Greystone Logistics – stayed on track late last year despite COVID-19 complications, financial filings show.

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Eastman offers details on $250M depolymerization plant

Published: February 3, 2021
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Eastman Chemical facility in Kingsport, Tenn.

Eastman Chemical Co. announced it will invest $250 million over two years to build a methanolysis plant at its Kingsport, Tenn. facility. | William Griffith/Shutterstock

Eastman’s plastics sorting capabilities and complementary chemical recycling technologies will help it cost-effectively secure the ample feedstock supply needed for a huge methanolysis plant, the company’s CEO said.

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