Agilyx experienced a net loss of $10.1 million in 2020. But the company noted that this was due to various expenditures that are part of the company’s “gearing for growth and expansion.” | Orathai Mayoeh / Shutterstock
Agilyx plans to source at least 6 billion pounds of scrap plastic annually by 2030, according to a recent financial filing. The report also indicates the growing firm did not turn a profit last year.
The site of the planned Polykemi facility in Gastonia, N.C. | Courtesy of Polykemi.
A plastics compounding facility coming to the U.S. plans to use over 7 million pounds of recycled PP and other materials per year, the company’s CEO said.
The Evergreen facility in Ohio will expand and increase production of food-grade RPET. | Courtesy of Evergreen
Evergreen has launched a project to double its food-grade RPET capacity to 80 million pounds per year. A company leader noted the initiative harnesses “the latest and greatest technology.”
Millions of dollars will go to two California reclaimers processing post-consumer thermoforms. | Konektus-Photo / Shutterstock
PET reclaimers have been awarded millions of dollars from the state of California to help finance recycling projects.
With the new facility, HydroBlox has increased its recycled plastic consumption to 1 million pounds per week. | Courtesy of HydroBlox
Stormwater drainage product manufacturer HydroBlox has moved into a larger space and significantly increased its plastics recycling capacity.
Plastics recycling stakeholders will gather online this week for insight and networking. | DC Studio/Shutterstock
Hundreds of plastics recycling and sustainability professionals are taking part in this week’s virtual Plastics Recycling Conference, which is offering discussions on policy, markets and more at a time of sector uncertainty.
North Carolina will invest nearly half a million dollars in grants to 16 recyclables processors. | Nordroden/Shutterstock
North Carolina will help pay for projects to improve PP sorting, recover mixed-color bottle flakes, shred old curbside carts, collect laboratory plastics and more.
Petoskey Plastics’ McKinney, Texas facility will help the company meet increased demand for its blown film products. | Courtesy of Petoskey Plastics.
Recycled-content film company Petoskey Plastics will expand with a plant in the Dallas area, its fourth U.S. facility.
A recently introduced joint resolution in California calls on the Biden administration to ratify the Basel Convention. | cmshepard/Shutterstock
A California legislator says U.S. ratification of the Basel Convention would build up domestic processing infrastructure, reduce negative impacts from exports, and create jobs in this country. At least one large reclaimer supports the move.
A number of chemical recycling firms have made announcements recently. | cwales/Shutterstock
Chemical recycling companies have recently announced certifications, development and marketing agreements, investments and more.