Despite challenges caused by the pandemic starting in March, the first quarter of 2020 showed strong sales for some businesses that use recycled plastic. | Chaosamran_Studio/Shutterstock
Three major recycled plastic consumers recently reported their business performance during the first few months of 2020. They touched on COVID-19, recycled material costs and their outlook for the future.
The Richmond, Ind. plant will be DAK Americas’ second producing food-grade 100% RPET pellets. | Courtesy of DAK Americas
DAK Americas will spend $32 million on a project allowing it to produce food-grade 100% RPET pellets in North America for the first time.
More companies reported selling plastic bottles in California in 2019 compared to the prior year, but so far, slightly fewer said they used recycled plastic. | tezzstock/Shutterstock
Beverage container producers have reported their recycled plastic use in California for 2019. Out of 64 manufacturers, 13 companies said they used recycled plastic.
Eight out of the 10 states with container redemption systems have enacted temporary measures limiting deposit returns in some way. | Karolis Kavolelis/Shutterstock
Stay-at-home orders are hitting container deposit systems hard, leading to significant declines in the volumes of high-quality PET and other recyclables moving to material processors.
Indorama noted the company’s investments in recycling are influenced by the fact numerous brand owners are committing to incorporate more recycled plastic in their products. | barbacane/Shutterstock
Resin giant Indorama Ventures will more than triple its global RPET production capacity in the next few years, according to the company’s most recent annual report.
Tomra Sorting developed Sharp Eye because the percentage of thermoforms in PET bottle bales has been increasing. | Courtesy of Tomra.
PET thermoforms bring special baggage to the recycling process: Optical sorters often fail to differentiate them from bottles, and thermoform flakes are more prone to breaking into fines.
S&P Global Platts decided to launch daily spot price assessments for PET bales starting April 1. | Gunter Menzel
Commodities research company S&P Global Platts has started reporting post-consumer PET bale prices in Chicago and Los Angeles.
Direct Pack has acquired a Mexico-headquartered recycling operation with capacity to process 40 million pounds per year of PET. | Courtesy of Direct Pack.
U.S. plastic thermoform manufacturer Direct Pack Inc. has acquired a PET reclaimer and is now processing recovered thermoforms at a Mexico site.
A pelletizing and melt delivery equipment company opened a lab in North Carolina, and a U.S. thermoforms company begins using sheets from resin made partly through a PET depolymerization process.
