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.
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.
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.
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.
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.
COVID-19 and pricing pressure led companies to seek other supply lines for PET feedstock. | Pixel B/Shutterstock
A confluence of RPET market disruptions in 2020 included low prime plastic pricing and supply challenges that led end users to seek feedstock from other sources. Still, experts maintain a surge of RPET demand is fast approaching.