International Recycling Group hopes to finish financing a $150 million plastics recovery facility by the end of the year, with the massive plant scheduled to come on-line in 2023.
International Recycling Group hopes to finish financing a $150 million plastics recovery facility by the end of the year, with the massive plant scheduled to come on-line in 2023.
An auction will be held today to sell PinnPack, a thermoform packaging manufacturer owned by bankrupt company CarbonLite. Meanwhile, acquisitions of the company’s three PET recycling plants have been finalized.
Keep America Beautiful has launched a public service announcement encouraging consumers to recycle PET bottles.
Indorama Ventures Sustainable Solutions is spending significantly to more than double the size and flake-production capacity of its Alabama PET recycling plant, according to interviews and city documents.
CG Roxane has broken ground on a recycled PET facility in Tennessee that’s slated to open within a year. The company says the new site will help it hit 50% RPET in its products nationally.
As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
Composite decking producer Azek leveraged more recycled material in its 2020 fiscal year, and insulation manufacturer Kingspan reported that it’s now taking in RPET.
A leader at Coca-Cola estimates the beverage giant will approach 20% RPET use by the end of 2021.
BlueTriton Brands, formerly known as Nestlé Waters, announced that Ice Mountain products will be packaged using more recycled material.
Prices for curbside plastic bales shot up over the past month, with PET bottles jumping by nearly one-third and natural HDPE notching another record.