International Recycling Group has secured a guarantee for up to $182.6 million in loans from the DOE, and is looking to proceed with its long-planned project, which incorporates plastic resin production and plastic waste as feedstock for furnaces used in steel manufacture. | TKCREDIT/Shutterstock
A Pennsylvania project from International Recycling Group has gained momentum, with a commitment for a multimillion-dollar loan from the U.S. Department of Energy. Continue Reading
After multiple mechanical issues over the past year, the recycled PP resin startup is feeling optimistic. | Praethip Docekalova/Shutterstock
The PureCycle PP processing plant in Ironton, Ohio, has produced more than 1.1 million pounds of resin pellets since restarting May 30, according to the latest company update. CEO Dustin Olson elaborated on the progress in an interview. Continue Reading
Trex’s PE usage fell from 421 million pounds in 2021 to 409 million pounds in 2022, then to 328 million pounds in 2023. | HappyStockPhoto/Shutterstock
Composite decking company Trex used about 328 million pounds of recycled PE in its decking in 2023, a dip from years past. Continue Reading
Houston-based film recycler Circulus is set to be acquired by Dow. | Courtesy of Circulus
Dow plans to acquire mechanical recycler Circulus for an undisclosed amount, bringing a total capacity of about 55,000 short tons per year of processing volume under Dow’s umbrella. Continue Reading
To accommodate the upgrade, about 10,000 square feet were added to the existing CompuCycle facility, bringing it to 50,000 square feet. | Myibean/Shutterstock
Houston-based CompuCycle brought its planned plastic sorting line upgrade online, allowing it to process up to three tons of e-plastic per hour, including PS, ABS, PE and PP. Continue Reading
Panelists discuss how collaboration can benefit all parties during the session “The New Era of Collaboration” at the 2024 Plastics Recycling Conference in Grapevine, Texas. | Big Wave Productions/Resource Recycling
Collaboration between all parts of the plastic value chain is necessary to advance sustainability goals, and four companies at the 2024 Plastics Recycling Conference showed how they’re embodying that idea. Continue Reading
ADS purchases over 1.1 billion pounds of resin annually from 525 suppliers, half of it recycled, making it the largest plastic recycling company in the U.S. | Courtesy of Advanced Drainage Systems
Advanced Drainage Systems, currently the largest plastics recycling company in the U.S., saw lower sales over the past year due to lower demand in the construction and agricultural markets in mid-2023. But the company still reported record profit, largely due to lower feedstock prices. Continue Reading
The 162,000-square-foot Blue Polymers facility will process PE and PP in Buckeye, Arizona after it becomes operational in late 2025. | Mr_Mrs_Marcha/Shutterstock
The second Blue Polymers recycled resin facility will be sited in Buckeye, Arizona, and is slated to open in late 2025. Continue Reading
In its 2023 Sustainability Report, Berry Global noted that it increased its post-consumer recycled resin purchases to 3.6% of all resin purchases, compared to 3.4% in 2022. | Artemis Diana/Shutterstock
Global packaging producer Berry Global used slightly more post-consumer resin in its products in 2023 and increased the amount of post-industrial resin and bioplastic it uses, reaching for 2025 and 2030 goalposts. Continue Reading
KW Plastics plans to bring an additional 100 million pounds per year of olefin recycling capacity online in the next few months. | Courtesy of KW Plastics
There are plenty of reasons to be gloomy about recycled resin markets these days. But one of the largest plastics reclaimers in the U.S. is staying focused on a course of expansion, and it’s getting ready to start up an additional 100 million pounds per year of olefin recycling capacity. Continue Reading