Polychem, a manufacturer of recycled polyester strapping, has been purchased by a private equity firm.
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.
Intuition says making products from recycled plastic is better for the environment than using virgin plastic. A recent study puts hard numbers to that understanding.
Well over half of PET bottles sold in Europe were collected for recycling in 2017, according to an industry survey.
An Indorama Ventures executive says converging factors have led to growing recycled plastic demand, which is key to the resin maker’s acquisition of reclaimer Custom Polymers PET.
One of the world’s largest beverage companies will lend money to a Dutch startup that is commercializing a PET depolymerization technology.
Two companies are working together to develop standalone plants where scrap PET can be chemically broken down and then re-polymerized into new resin.