Three U.S. manufacturers that use large amounts of recovered PET, PE film and HDPE recently reported their quarterly financial results. | Freedomz/Shutterstock
Unifi, Trex and Greystone Logistics, U.S. manufacturers that use large amounts of recycled plastic, recently released their quarterly results. Unifi and Trex reported income growth. Continue Reading
Green Impact Plastics will build a PET thermoform processing facility in California after reclaimer rPlanet Earth agreed to buy its output. | Courtesy of Green Impact Plastics
A Mexican company that developed a system to process post-consumer PET thermoforms will open a $7 million plant in the Los Angeles area. It’s now on the hunt for thermoform bales. Continue Reading
Scrap plastic exports fell to their lowest level in recent history, but domestic markets continue to be hungry for recycled resin, particularly natural HDPE. | BEST BACKGROUNDS/Shutterstock
Overseas appetite for post-consumer scrap plastic dwindled in the third quarter. But on the domestic side, the value of recovered natural HDPE has skyrocketed and RPET demand remains strong. Continue Reading
California reclaimer Circular Polymers will ship densified polyester carpet fiber to Eastman for chemical recycling. | Courtesy of Circular Polymers
Densified PET fiber from post-consumer carpet will ride railcars from California to Tennessee, where chemical giant Eastman will feed it into a gasification process. Continue Reading
About 300 sample bottles were produced from material collected on beach cleanups and from the Mediterranean Sea. | Courtesy of Coca-Cola
The Coca-Cola Co. released a container made partially from ocean plastic, making it the latest company to pursue a food-contact application for the low-grade material.
The Spartanburg, S.C. depolymerization unit is expected to be up and running by the end of 2020. | Scisetti Alfio
This story has been corrected.
Seeing strong demand, Loop Industries and Indorama Ventures have decided to roughly double the capacity of their first PET depolymerization unit.
BP will build a pilot plant that will use the company’s chemical recycling technology for PET. | Jevanto Productions/Shutterstock
Global oil and gas company BP will spend $25 million on an Illinois facility that will depolymerize hard-to-recycle PET scrap. Continue Reading
The Recycling Partnership has identified three key initiatives to improve the current recycling system.
PET collection is lagging behind recycled resin demand by more than 1 billion pounds per year, according to a study, and investment of $500 million is needed to improve the situation.
The price of PET took a dive over the past month, but the value of natural HDPE climbed substantially. Continue Reading
Pepsico has a 25% recycled content goal for the company’s plastic packaging. | LuqmanLutfi Photography/Shutterstock
It’s clear the current recycling system can’t deliver sufficient resin for brand owners to hit their increasingly ambitious recycled-content goals. A PepsiCo executive recently discussed that supply gap.