PET reclaimer CarbonLite launched a resin product made from ocean-diverted plastic, and the company released details on its third PET recycling facility.
PET reclaimer CarbonLite launched a resin product made from ocean-diverted plastic, and the company released details on its third PET recycling facility.
PET-focused CarbonLite Industries and Verdeco Recycling recently exited the Association of Plastic Recyclers (APR), saying the group has “not embraced fundamental changes in our industry.”
A handful of manufacturers have made investments that will improve their consumption of recovered plastics. Continue Reading
PET processor CarbonLite is nearing the opening of its third facility, which will produce 85 million pounds of post-consumer resin per year. Continue Reading
A $1 million-plus equipment investment is helping North Carolina-based Clear Path Recycling boost PET throughput while using less water and energy.
A number of chemical recycling partnerships have been announced lately, involving companies including Ravago, Shell and even fashion brand Prada.
Since virgin plastics company Far Eastern New Century acquired Phoenix Technologies last June, the U.S. PET reclaimer has lost substantial amounts of money.
More PET bottles were collected for recycling last year, but the overall recycling rate remains stagnant, according to an industry report.
Indorama Ventures, the world’s biggest prime PET producer, has acquired another U.S. plastics recycling company, this time on the West Coast.
Virgin resin producers Borealis and Indorama have made ambitious recycled plastic commitments, but post-consumer plastic still makes up a tiny fraction of what they sell.