In coming years, recycled PET and polyolefins will likely have to continue competing with cheap virgin plastics. But scrap markets will also be impacted by uncertain government policies and brand owner decisions.
In coming years, recycled PET and polyolefins will likely have to continue competing with cheap virgin plastics. But scrap markets will also be impacted by uncertain government policies and brand owner decisions.
Tech giant HP recently spent $2 million to help improve infrastructure for recovering plastics at risk of entering the ocean. The investment is expected to create jobs in an impoverished area and move more material into the recycling stream.
Global apparel company H&M used the equivalent of 325 million PET bottles in its recycled polyester last year, substantially up from the year before.
TruClean’s anti-static properties are demonstrated in a Unifi video.
A major consumer of U.S. PET bales has unveiled three products made with recycled polyester and nylon.
A PET recycling industry group gave its temporary blessing to the use shrink sleeve labels with perforations, which will assist in sorting and recycling.
Polychem, a manufacturer of recycled polyester strapping, has been purchased by a private equity firm.
Now Plastics, a global film and aluminum foil supplier, is now offering packaging companies films made with post-consumer PET.
PET reclaimer Loop Industries has settled a longstanding lawsuit concerning the company’s stock. Meanwhile, the business recently sold millions of dollars worth of stock to an unnamed institutional investor.
The U.S. Food and Drug Administration gave a New England plastics reclaimer the thumbs up to recycle a polyolefin blend for use in cutlery and food packaging.
Higher recovered PET prices pinched profits for recycled polyester fiber manufacturer Unifi last fall.