For more than two decades, Erema’s Laserfilter has been used to remove contaminants from polyolefin melt streams. A year ago, the company released a PET version, and the market interest has been strong, according to the Austria-headquartered company.
A crystallization dryer from EREMA allows PET reclaimers to retrofit their existing lines to sell into the higher-value food and drink packaging sectors.
Coca-Cola will invest more than $19 million in a PET recycling facility in the Philippines, marking the company’s first plastics recycling operation in Southeast Asia.
Brands across the globe are announcing goals to use high levels of recycled plastic. But the companies that actually deliver PCR to the market are predicting a major hurdle: supply shortfalls.
A labels provider is selling a pressure-sensitive option that cleanly separates and floats during the PET recycling process. Meanwhile, a chemical company unveiled two recycling-friendly shrink sleeve label products.
Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.
Nestlé Waters North America is betting that it can connect with consumers over the long term by using high levels of recovered material.
Far Eastern New Century this week bought Phoenix Technologies, marking the latest instance of a large plastics manufacturer deepening its stake in U.S. recycling.
A European panel approved the use of two technologies to recycle post-consumer PET into food and drink packaging, but it rejected a third application, citing inadequate decontamination testing.
Loop Industries has struck a deal for a $35 million investment, which will help fund a recycling plant to produce tens of millions of pounds of RPET each year.