PureCycle is a publicly traded company that licenses a PP purification technology from Procter & Gamble. | GH Studio / Shutterstock
The short seller who took aim at PET depolymerization startup Loop Industries has now published allegations against PP recycling company PureCycle Technologies.
The firms that are acquiring PureCycle announced a goal of having 30 commercial lines operational by 2030 and 50 by 2035. | fizkes/Shutterstock
PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.
One million dollars in grants will go to pay for PP sorting equipment and efforts to communicate to households that PP is accepted in their curbside programs. | Courtesy of KW Plastics.
Materials recovery facilities in Minnesota, North Carolina and Texas will receive financial support to enable PP recovery.
Through the new grants, The Recycling Partnership estimates curbside PP recycling will become available to an additional 4 million people nationwide. | RYosha/Shutterstock
Four materials recovery facilities in the eastern half of the U.S. will begin sorting polypropylene with financial assistance from major brands, retailers and other industry members brought together through The Recycling Partnership.
Braskem works with both mechanical and chemical recycling processors to produce its PCR. | StanislauV/Shutterstock
Polyolefins giant Braskem has set its sights on expanding post-consumer resin production as part of the company’s new sustainability commitments.
CarbonLite’s 270,000-square-foot Reading, Pa. facility will eventually have the annual capacity to process 140 million pounds of post-consumer PET. | Courtesy of CarbonLite.
A major PET reclaimer has entered the polyolefins recycling business. The company also recently began production at a large facility in Pennsylvania.
KW’s recycled PP paint can manufacturing operation, KW Container, has experienced increased sales during the pandemic. | Photo courtesy of KW
Supply and demand realities for key curbside plastics are evolving fast during the coronavirus pandemic, and they’ve led one major plastics recycling company to adjust operationally. Continue Reading
Waste Management issued its September 2020 “Report on Recycling” to identify gaps in U.S. plastics recycling infrastructure, among other goals. | Natallia Boroda/Shutterstock
A recent report from the nation’s largest waste and recycling hauler reviews the current state of reclamation capacity for PET, HDPE and PP in the U.S.
MDT noted that the newly acquired facility has wash, dry and blend operations that produce recycled pellets for a range of applications. | StanislauV/Shutterstock
A Florida-based resin supplier recently purchased a recycled plastic blending operation from prime producer LyondellBasell.
PureCycle submitted a July 14 filing with the U.S. Securities and Exchange Commission (SEC) indicating investors had purchased $1.45 million in equity securities in the company. | Freedomz/Shutterstock
PP recycling startup PureCycle Technologies recently raised $1.45 million in investments, financial filings show. Meanwhile, an acquisition-focused company continues to eye PureCycle.