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.
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.
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.