Equipment in CarbonLite’s Dallas PET recycling facility. Indorama Ventures submitted the high bid to acquire the plant during an auction this week.
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.
End users in the decking and insulation markets reported using more recycled content in 2020. | saravutpics / Shutterstock
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.
Coca-Cola has a goal to use 50% PCR by 2030 in its packaging portfolio. | Dilok Klaisataporn / Shutterstock
A leader at Coca-Cola estimates the beverage giant will approach 20% RPET use by the end of 2021.
Ice Mountain water distribution at Gleaners Mercado Food Hub Pantry in Detroit, Michigan. | Courtesy of BlueTriton Brands
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.
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.
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.”
Millions of dollars will go to two California reclaimers processing post-consumer thermoforms. | Konektus-Photo / Shutterstock
PET reclaimers have been awarded millions of dollars from the state of California to help finance recycling projects.
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.
Globally in 2019, Colgate-Palmolive produced 275,440 metric tons of plastic packaging, of which 7% was PCR. | Courtesy of Colgate-Palmolive.
The Palmolive Ultra brand of dish soap is now using a 100% post-consumer PET bottle in North America.